Quote:
Originally Posted by goodlookin'
800 feet is far above the threshold you're talking about especially with the floorplates you are so accustomed to in Vancouver. In Toronto, the Aura development is just another 1000+ unit project (albeit in one tower) however, in Vancouver, it would represent a significant portion of the downtown market.
Believe what you want, I'm done with this
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Exactly, Vancouver towers dont have to have alot of units in them to be tall... ie Ritz Carlton with only 123 suites and 127 much smaller hotel suites in 61 floors. Ludacrisly high real estate rates make these towers financially viable, as condos in Vancouver go for much more than those in Toronto. This is especially true for those suites with unobstructed views located in tall towers.
A lack of space on the downtown penincula also makes building tall towers much more realistic and financially viable, as there is almost no space left for towers, so those which are built can be sold at a premium. In fact I would go so far to say that the developers of all the double towers seen in vancouver could make more profit on one tall building on the site, than 2 half sized buildings due to the premium on view spaces in the Vancouver market.
I dont understand how you can see it so impossible that vancouver can support tall towers... recent projects have told us the economics work and the demand is there...
But you can believe what you want.