11-29-2014, 02:26 AM
(11-28-2014, 09:14 PM)BuildingScout Wrote: By my estimate 256 Phillip, Icon 330, the Block, the Hub and Sage will put online over 5000 bedrooms. This is in addition to the numerous towers built during the last five years on King and Lester. Is it possible that this next batch of units might not see enough demand from students?
These new units are likely to be better than lots of older apartments around KW, and have better transit access. Demand isn't just from students, and hopefully these buildings do expand past what student-only demand can support.
Alternatively, once one- and two-bedroom units are more widely available, students will flock to those and perhaps force down the price for the 5-bedroom ones.