09-19-2016, 12:12 PM
Consider how quickly 100 Victoria sold out, and I don't think DTK is saturated yet. There is also relatively little recent, high-quality rental stock. And downtown employment keeps growing.
400K sq ft (in the first phase) could be about 400 units, assuming a relatively low 800 sq ft average, and maybe 600-800 more people living downtown. That will in turn bring more customers for restaurants and stores -- and more users for the LRT.
400K sq ft (in the first phase) could be about 400 units, assuming a relatively low 800 sq ft average, and maybe 600-800 more people living downtown. That will in turn bring more customers for restaurants and stores -- and more users for the LRT.