Quote:
Originally Posted by Neil
1 King in Toronto is the same or similar concept... small condos attached to a hotel with the expectation that condo residents will use a lot of the hotel facilities. The 1 King units are small, cutting space on kitchens and laundry as the residents are expected to use the hotel frequently for those functions. I saw somewhere that the pricing for 1 King was ~$500/ft.
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If they priced like that, they would price themselves out of the Regina market. They aren't going for a super luxury type development here I don't think. From the original floorplans (they are bound to have changed with the change in the external design), the kitchens were normal sized IMO... laundry, however, was not in the floorplan, so you are probably right on that part.
The Gardens on Rose development is aiming to catch the executive suite market. Capital Pointe is probably aiming for some middle class along with the upper class buyers; at least from the sounds of the ad ($199,000 to over $1 million).