innsertnamehere
Superstar
Increased interest rates means builders would want to close sooner, not later, as their construction mortgages are more expensive.
- Thread starter AlbertC
- Start date
Javid
New Member
but I know some of builders informed the customers that they will delay, for example NO.31 Parliament Condo from Q2-2025 switched to Q1-2027
innsertnamehere
Superstar
yes but that's not because of mortgage rates.
It's extremely common for closing dates to get pushed as there are a million reasons projects can be delayed. Usually construction takes longer than anticipated, and a lot of developers aren't honest about their occupancy dates in an effort to drive sales.
muratkar
New Member
Which company is painting this building?
SaugeenJunction
Senior Member
From Twitter:
carson2345
New Member
Looks like they are starting to take down the other buildings and prepping for the second tower possibly
Javid
New Member
any one know the Estimate Occupancy for this project?
carson2345
New Member
FEB 23rd
builddown
New Member
This thing is going to change the Barrie skyline completely.
Collingwoodbuildinglover
Active Member
Yeah you will just about be able to see the top of it coming over Clifton Hill over by Georgian Mall when it's done
PasticheProtégé
New Member
A couple taken on March 7th. Excavation is nearly completed.
Collingwoodbuildinglover
Active Member
What is the current tallest building in Barrie at the moment?
PasticheProtégé
New Member
15-16 storeys from what I can see on Google Earth.
Collingwoodbuildinglover
Active Member
So wow this odds a whole bunch of height to the area yeah I think the one over by Georgia Mall that just went up is about 16 I'll have to do a count next time I'm there
Towered
Superstar
Wow - that's the current tallest in a city of almost 200,000??