01-11-2017, 11:23 AM
(01-11-2017, 11:08 AM)Viewfromthe42 Wrote: It's funny, too, that in changing from ~100 two bedrooms units to just a handful, the neighbourhood will see the mix of new tenants (possibly) go from an original 100 single bedrooms (more likely to be shorter term rentals to students, young professionals) and 200 multi-bedrooms (more likely to be longer term rentals/owner-occupied to/by couples, families, retirees), and now that 100/200 mix is more like 200/20, which I would think anyone at the meeting, when asked about those two options, would pick the original one.
The original was 194 units with 304 bedrooms, so likely 110 units with two bedrooms and 84 with one (1.31:1 ratio). The new one has 188 units with 214 bedrooms, so likely 26 units with two bedrooms and 162 with one (0.16:1 ratio).
Given that the building size isn't much different (one floor removed, quite possibly with six penthouses and 12+ bedrooms), there is a substantial decrease in bedrooms with much less of a drop in residential floor space. This means either units with dens (which can work as guest bedrooms, too) or more large one-bedroom units (maybe this is what people want).
I do expect that the adjustments were driven by what people were interested in. From their web site:
(Edited to correct my math problems ...)