Quote:
Originally Posted by Beedok
You stated that office towers were better for building neighbourhoods than condo towers, but then stated that one of the good things office towers bring is condo towers. I was pointing out that Toronto already has many office towers, so it's at the stage of those pre-existing office towers bringing condos. Toronto's financial district is also evolving.
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Good grief you can't even keep track of your own conversation.
How about I repost the exchange and you can re-read it:
Originally Posted by Beedok -
Office towers add people during the work hours, but condos add people on the evenings and weekends. On weekends office districts tend to be dead, but high density residential zones always have life due to stay at home spouses, retirees, authors, etc.
My reply -
Having office towers near and around any area increases the demand for services in the area. For example it makes it possible for more restaurants and small retail and services to survive and thrive in a given neighborhood. If a restaurant for example can depend on daytime weekday business to augment the dinner it can afford to be there. Look at Midtown Manhattan as a good example of this mixed use environment or central Paris. That varied vitality is the essence of a cosmopolitan urban city.
-It also causes actually more housing to be built nearby. Not less. The old “abandoned at night Financial District” model is fading fast with those areas becoming mixed use and residential mixed (with Theater, bars and nightlife.) Many of Chicago’s historic banking buildings in the LaSalle Street area have been transformed into chic boutique hotels, residential and mixed use while new office towers have sprung up over a braoder area of Downtown.