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Originally Posted by scalziand
Huh. I'd have thought that Toronto proposals would taper off after 1 York got scaled back.
Wasn't someone saying that the Toronto market was peaking? Or were they full of it?
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There has been a slowdown in the condo market, about 30% - however by the time shovels are in the ground for these three towers it'll be years, at which time the market could get stronger.
I think there is still a huge demand for premium areas and King Street (Entertainment District) is where people want to be.
I do think these towers will be scaled down, as seems to be customary in Toronto. However the councillor, Adam Vaughn, has been working with the project team for over a year, so who knows.