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Old Posted Nov 20, 2012, 7:30 PM
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LeftCoaster LeftCoaster is offline
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Join Date: Nov 2005
Location: Toroncouver
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The only reason EAP is fully leased is because they took awful rents to fill it up. The development was a complete failure financially and a lot of people at SITQ lost their jobs over it.

Regarding parking, Brookfield is under different parking provision requirements than some other competing projects, such as city centre, which had older parking regulations grandfathered in. The new requirements Brookfield is subject to require much more parking per leasable SF and therefore result in a more expensive product to the end user, making it harder to lease up.