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Old Posted Nov 15, 2010, 11:47 AM
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WhipperSnapper WhipperSnapper is offline
I am the law!
 
Join Date: Sep 2002
Location: Toronto+
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Encana's chosen site had to contend with shadow restrictions.

Regardless, it's a poor example as it's a once in a blue moon building. It doesn't matter how much profit they make or if a building, the relocations, and subleasing is merely chump change. Most of the ownership would not support such a decision. They want it all for themselves or to re-invest that billion dollars into the core business and make more profit. It may be only coincidental but, notice how the CEO was replaced not too long after the architect and drawings of the Bow were released?

Land prices tripled in downtown Toronto over the past 5 or 6 years. We would likely need them to double again though. The odds greatly improve should the current round of proposals get built.
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