Recent content by Vanalla

There's no silver bullet to be classified as AAA. What makes something AAA is purely dictated by the market. For example, prior to the development of the GO network, being close to Union was not as important as having a very favourable parking ratio. Nowadays everything @Northern Light said is...

What particularly interests me about this graph is that AAA is at pre-pandemic levels, A has a long way to go, B is increasing in vacancy, and C is decreasing. My theory is that the flight to quality conversation is ruling the day with occupiers - the primary lure to get employees back to...

Not really. Brick and Beam buildings are what the Toronto market of 2019 called 'Class B', so the spaces surrounding the DT core they're referring to are King West, King East, St Clair, etc. When Colliers refers to the 'downtown fringe' they're usually referring to outside a 1-2km circle...

Office broker sentiment is very optimistic that this one will secure an anchor deal soon. Obv that's a little like asking the Coyote about expected Road Runner traffic, but I haven't seen sentiment like this in 5 years.

Can I create the Twitter account for this one?

FCP, one of Canada's best buildings, catching strays in this thread. That taper is gonna be the showstopper for this IMO - especially with the brilliant cladding and architectural details here. "Details, the devil is in that sh--, yo!" -Mr. Robot

I'm not entirely sure, but it could be that the 15 storeys does not include the crown/mechanical penthouse that will put this well into the 300s.

*policy and market forces - A retailer wants the most possible window frontage to maximize the ability to attract customers into their space, so developers give them just that, or else face having completely vacant retail space while all the other competing window wall-fronted retail spaces fill...

It's giving "Little John worked 25 hours a day to afford this one square meter space. Let's turn it into a space his wife won't leave him in... something about galvanized square steel... something about borrowing screws from his auntie... Is anyone else's doomscroll feed littered with those as...

Confirming this rumour. Major global industry leader. Anchor tenant for the space representing a double digit percentage of the GLA. Good news for the node. They'll be making great use of the property's unique features as well.

Urbancorp shipped several of their projects south of the Drake hoitel with 550 SF for two bed, two bath... I lived in one for several years with a roommate. Had to measure every item that came into that place.

This should hopefully be the lesson developers learn (perhaps with some legislative assistance) from this market correction. When you build housing fit only for a share price, don't be surprised when said housing's value has the resilience of the piece of paper that share price is printed on.

Agree on an aesthetic front, but it seems like we were robbing Peter to pay Paul in that the aesthetics were good but the layouts were completely unusable. Bowling alley bachelors, dent-in-the-wall dens, etc. Hopefully, one thing developers learn from this correction is to sell condos that...

There was a wee bit of a once-in-a-century event causing that particular market cratering, though. This project, being mostly residential, is in a completely different place. The condo market may be cratering, but that's likely a short-term force on the overall industry. If Canada maintains...

If there's a place for density in LV, it's here or nowhere. Direct integration into the future Exhibition station is exciting and will transform how the community moves through this neighbourhood. Full steam ahead.