Quote:
Originally Posted by YXE
I'm disappointed they (Urban Capital) are waiting until the fall to start pre-sales for Highpoint. However, it is better to wait a couple extra months and to get it right than to rush it. The fact is, this market is not Toronto where every new build is race to the finish. Let's hope pre-sales are strong with the younger crowd as they're hoping for, and then **maybe** they'd at the very least consider another project in the DT core... but I still can't see it being 35 stories. We'd need to see a huge uptick in the economy to see that happen and I don't think that's on the horizon.
|
I have noticed a bit of activity at the Highpoint site in the last few days. It looks like they are getting ready to build stairs up to the entrance of the sales center. I don't know why the delay, but I do think that since they missed the April/May time frame it makes sense to wait until the fall. It seems to me they have a lot on the go and they are not a big company, Lets hope they don't get overwhelmed.
If Highpoint sells well, and I believe that it will, then I have no doubt they will eventually do another one here. We are blessed with that beautiful river valley and there are several prime sites available. Maybe not 35 floors but with Nutrien Tower going up I don't think a 30 floor condo at the farmers market site would stick out like a sore thumb (it might have in the past).
BTW I see on the webcam the red crane is coming down.