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Originally Posted by bolognium
It's interesting that despite retaining a very similar shape to Ren 1, so little of the building is actually the same. Do you know why Tricar would choose to design a completely different structure, but still keep basically the same silhouette?
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Tricar went with a different structure to accommodate fewer units of generally greater size - betting that the market contains buyers with sufficient funds to pay the extra $$$ for the larger luxury units. Developers (or rather their consultants) do market studies to determine the right balance of number of units/size of units/cost of unit to come up with what they think is the optimum business model for the market sector that they are looking to attract.
Why keep the same general silhouette? Mainly for visual symmetry in the development as viewed from the east and west. The idea is for two towers back to back facing outwards to the north and south. If the second tower were to be radically different, it would throw that visual balance out the window.
Quote:
Originally Posted by bolognium
Also, what's your opinion on Tricar's new property on Ridout in Old South?...Is there any chance that's a clue that this may be a larger than average project for the area, or is that just wishful thinking? Would Tricar be able to get away with a downtown-sized development there because The Gartshore towers next door are already fairly substantial?
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There are height restrictions in the zoning once one gets out of the downtown, and Old South is a sensitive and influential neighborhood. Seeing that the existing apartments are 16 stories but well set back from the street on a very large lot, and the Tricar lot next door is smaller and closer to the street, I'd be surprised if it was much taller than the Gartshore's 16 stories. I'd guess 15 -19 stories if anything. Remember the current development ongoing in Wortley Village is just a few blocks from this location, and the developer was nearly lynched for proposing 4 stories without a setback in his development.