Originally Posted by Jstaleness
I'm glad they said first crane in the Financial District and not the usual "First crane downtown in over 20 years"
The worst I've seen is "Halifax hasn't had a development in over 20 years". Sadly, I didn't save the article. I guess it's bad that there hasn't been a new office tower for a long time but there was very little downtown office construction in Canada for a long time after the ~1990 real estate bubble burst. Toronto got maybe a couple of small downtown office towers during the whole 1990-2007 period. In Halifax in particular it's also misleading to focus on the financial district (or whatever you want to call it) as a site for new construction because there isn't much free land in that area. The other areas with more vacant land have seen more development (Hollis and Salter for example has 3 buildings built after 2000), which is to be expected. I think it's great that NSP renovated the old, largely derelict power plant instead of tearing down useful buildings around George Street.
In any case, this is an exceptional time and it looks like there might be 4 or 5 cranes downtown soon. The Citadel crane must be going up relatively soon if it's already on site.