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Waterloo Region Connected  /  Land Development and Real Estate  /  Suburbs v  /  1668 King Street East | 22+23 fl | Proposed


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1668 King Street East | 22+23 fl | Proposed
tomh009 Offline
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#18
10-29-2021, 11:41 AM
(10-29-2021, 11:20 AM)WaterLouGehrig Wrote: Interesting that he claims "missing middle" but the building is still largely one-bedroom units. Isn't missing middle generally 3+ beds, aimed at families?

What he referred to as "missing middle" was mid-market rental units, with mid-market pricing -- neither luxury not subsidized/income-geared.

He also said that the demand (even for rental units!) is the strongest for one-bedroom units. So, that's what is continuing to be built. If there were thousands of renters looking for three-plus bedroom apartments, I am confident that Vive and others would be building more of those.
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RE: 1668 King Street East | 23+23 fl | Proposed - by tomh009 - 10-29-2021, 11:41 AM

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