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  #11  
Old Posted Mar 9, 2012, 4:51 PM
Hali87 Hali87 is offline
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Join Date: Dec 2011
Location: Calgary
Posts: 4,465
Quote:
Originally Posted by RyeJay View Post

If United Gulf wanted to modify the Twisted Sisters to better meet the demands of today's market, that would have been very easy to do within the current rules.
I don't think this is necessarily true. A major theme of the Skye proposal has been affordability. If Skye were reduced to 27 storeys (the height of the original proposal) I am not convinced that they would be able to offer the same number of units, or that the units would not be more expensive. Offering 300 units @ $400,000 each is NOT the same as offering 600 units at $200,000 each. That the increased height would actually result in better affordability is by no means guaranteed, but it certainly, in theory, would support it.
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