Collingwoodbuildinglover
Active Member
The other factor is we are now into normal force plates which can go to being about a flora week so in any case we are at least probably getting another block which is 18 floors
I knew someone who knew more would save my baconi highly doubt they stop early land is a big budget item, the underground and main level complexity was a big budget item, th higher floors are much simpler construction and every level up is lower average psf.
Just wanna say, called it back in 2022Well, the recent 100bps rate hike, and the concrete shortage cannot be doing this project any favors. At this point I will be very surprised if this project is completed under the Mizrahi banner.
Does anyone know how much of the condos are sold in this project?
The One's Wikipedia page has been updated to include it's supposed revised height of 306m at 85 storeys.
The One (Toronto) - Wikipedia
en.m.wikipedia.org
It's apparently based off of the information provided in that Toronto Star article(according to the citation). The Toronto Star is not exactly some random joe blow.Anyone can edit Wikipedia so I wouldn't put any stock into that what so ever.
It's apparently based off of the information provided in that Toronto Star article(according to the citation). The Toronto Star is not exactly some random joe blow.
Edit* After somehow bypassing the paywall and reading the article myself, the floor count figure The Star quotes(85) doesn't appear to be confirmed with any offical source.
1. Materials may be ordered, but doubt they've paid. Unpaid bills rank low in priority as suppliers become unsecured creditors. The bank has first priority as they are the secured lender.
2. Budget is meaningless at this point.
Maybe they lose more by capping lower? Maybe they lose more by going higher? Who is to say as it depends on many factors. The difference is how much capital is at risk. Risking capital is the bank's business. The new owners (or at least the folks in control) are a bank, not a developer. They prefer to minimize risk. Going higher increases risk.
In this case, I read an article which stated the materials have already been bought and paid for and are legit sitting in a large warehouse.