General Urban Kitchener Updates and Rumours

[ZEBuilder]

This looks fantastic.

Dare I say with The downturn in condo interest that we could risk having an overcompliment of condos in KIT?

Would it have been better served with a cluster of townhouses mixed with mid rise larger apartments?

Unfortunately costs are too elevated for it to make sense for a developer to do that, some developers may sit on a loss but others are just going to sit. While yes there is a downturn in the condo market it doesn't mean rental has ground to a halt. Developers have been shifting condos to rentals in many places, condos are still selling just brutally slow compared to the peak. 

Rental buildings are still being built relatively quickly even in KW, right now you have SYLK T1, 1001 King, first 3 Metz buildings, 1295 Bleams, 50 Otterbein, which are all rentals some of which should be coming to the market soon.