12-21-2020, 04:24 PM
(12-21-2020, 03:04 PM)Bytor Wrote: IS it just me, or is there a lot more foundation work and concrete pouring going on than usual right now in early winter? Concrete needs to be above 10°C to cure properly, otherwise it need some very expensive chemicals added in that cause an exothermic reaction, or a Rube Goldberg-like set up of tents and heaters to keep it warm enough.
I think real estate prices and rents have increased enough to justify techniques that would previously not have been used in Waterloo Region. If your expected rental income is 20% higher you can justify the additional cost to get the building built sooner, and start making money sooner. Similarly, for condos, date of completion is a big selling point pre-construction, so higher prices given you room to spend more to move that up a few months.