09-02-2017, 11:11 AM
(09-02-2017, 10:56 AM)urbd Wrote:(08-31-2017, 01:54 PM)Markster Wrote: That is not strictly correct.
The RFQ for the Hub requested a team capable of building a project ranging from 6 storeys on the low end, to over 20 storeys on the high end. Height to be determined based on market conditions.
This is the key point. I heard from someone in the development industry (and involved in the bidding process) that the latest market analysis supports a 10-12 storey building at most. This is due to everything that is coming in the pipeline: SIXO, Charlie West, 345 King, 100 Vic, and a number of other Downtown projects that haven't been announced.
I don't necessarily disagree, but the scale/height of the bolded projects will also be subject to market conditions, including whatever develops at the Hub. Time will tell, but even with a lengthy staging period, I'm sceptical that SIXO's towers, for example, will be of the height originally suggested.