02-26-2024, 10:34 AM
(02-25-2024, 01:11 AM)ZEBuilder Wrote:(02-24-2024, 11:18 PM)Lebronj23 Wrote: No projects in the Region will be starting until mortgage rates drop. Q condos has been approved for 3 years but hasn’t sold an until in forever. At least we have TEK and station Park C going up.
Nothing is going to start for awhile, maybe some purpose built rental but even that's slow, certainly condos aren't going to sell. However, a lot of the prep work can be done instead, like demolition and permitting for shoring/foundations/balance of construction which is what we're seeing.
In terms of projects with permit applications/issuances there's a bunch;
Demolition Permits
332 Charles (Vive)
1001 King (Vive)
88 Queen (IN8)
455 & 485 Mill (Polocorp)
787 & 851 King (Lindvest)
149 Ontario
Foundation/Shoring
926 King (Vive)
The Metz Building A, B, C (Auburn)
206 Duke (Knossos Housing)
1295 Bleams
Station Park 2B (VanMar)
Balance of Construction
926 King (Vive)
88 Queen (IN8)
The Metz Building A, B, C (Auburn)
197 Frederick (Rome Logistics)
530 King
1295 Bleams
Station Park 2B (VanMar)
As someone who isn't very well-versed in how these buildings progress, are you able to briefly break down what these three categories generally entail? Thanks!