Quote:
Originally Posted by Dalreg
Darwin doesn't look that flash hot mate. Tallest tower in Darwin is 100m at present. Tallest proposed is 133m but don't bet on that one being built.
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River Landing is not what every project here can look like though. The people utilizing those towers make well over 50% more than the people working in the cheaper built towers. 90% of the people working in these beautiful new office towers can't even afford to live at No. 1 River Landing. Not a single tenant from River Landing is new to downtown.
Vendasta's entire business model is around the lowest cost white label marketing services and was looking for a "now - (must have been great back in the 80's)" cheap building. I've heard from people in Saskatoon Square that that building is awful to work in - very hot in the summer very cold in the winter. Their business model will never allow them to work in Amazon style build.
Looking into the future - the only other organizations that I see being able to offer No1 River Landing condo salaries to entice better condo builds are:
-Cameco - with a democratic president pushing for small scale nuclear power possibly,
-BHP if they announce the build of their Jansen mine,
-or an agriculture company of sorts based on the fact that commodity prices should soon finally jump after an almost decade of being in a glut.
Saskatoon was in the running to have the new Canadian BASF headquarters here, but we lost out to Calgary. Richardson hates Saskatchewan cities because they hate working with our provincial government and
love the city that they started in (would be cool to see one of our home based ag companies build an innovation center like this downtown. Federated Co-op won't ever be a company that helps create salaries for luxury condo demand based on their co-op style business model (but they are in three buildings downtown now so it would be great to see them build a tower at the next cycle). On the Ag side in general we always lose out to Winnipeg or Calgary because the talent is there for traders.