[Barnaby]

Getting this tower started early in the new year will ensure that Qualico faces no direct competition from new builds in this category for at least the first 6 months of leasing. The only other build that could challenge this project would be an immediate start to Connect Centre tower, which I don't think will begin until 2026.

I believe the staggering of tower occupancy has been extremely beneficial to the developers.

 

[David A]

Getting this tower started early in the new year will ensure that Qualico faces no direct competition from new builds in this category for at least the first 6 months of leasing. The only other build that could challenge this project would be an immediate start to Connect Centre tower, which I don't think will begin until 2026.

I believe the staggering of tower occupancy has been extremely beneficial to the developers.

Yes, this seems like smart moves, first to complete the development of this initial block of their site and second to time it for when there is a bit of a lull by other developers in the area.

 

[Avenuer]

With the height increase, this tower will be second to Encore for tallest fully-residential building in the city I believe.