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Old Posted Feb 8, 2008, 5:43 PM
sdm sdm is offline
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Join Date: Oct 2006
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Quote:
Originally Posted by terrynorthend View Post
Well this is what sort of scares me. So many massive developments on the boards at once. Can HRM support all these condos and hotel rooms? Will developers be stymied by poor economics, especially if they each take one another's proposals into account in their feasibility studies? A question to all forumers; what is your take on this?
Twisted sisters will be at best 2010 before anything starts, if it starts at all. It will likely be sold.

Salters street will be on hold, which is been the custom for the site many times as the economics aren't there for 2,500 plus a month rentals.

Hotels at 60% occupancy don't work, and if we continue to increase the inventory it will see many hotels fail.

Kings Wharf is 2 years away at best.
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