200 Victoria St S | 45 fl | Proposed

[SF22]

If you are able to, please explain why it wouldn't work.  I am not an engineer or architect..

I hate how cynical I sounded there. Obviously there is always a technical way to get things done, but within the constraints of financial feasibility there are limits. 

- 3 underground levels is very difficult due to the poor soil and shallow water table. Just makes the system very expensive (waterproofing, treatment system since the groundwater is very contaminated, expensive shoring system). I've heard that KW is basically limited to one below ground level, and any project that has attempted lower has seen millions in extra cost. This is made even worse by how they're showing the 3-4ish buildings on the corner remaining. They somehow have to secure those properties while digging down 3 levels in crappy soil. Hard to justify any of this when parking stalls are only selling for 50-60k here 

- There seems to be a majority of 800 sqft+ units. These still need to sell for above $1000 a square foot, the market for that is pretty small.

I mean, rumour is that there's a housing crisis in this province. Odds are good that the units will sell regardless of their size.

Interesting that you say KW is limiting to 1 underground level, because the plans at 146 Victoria (directly across Park St from this site with presumably similar land issues) is planning for 2 underground levels, and is bordered by single-family homes directly on both sides of the property on Victoria and Park. It's clearly allowed and possible to do the work, and maybe it is more expensive, but these companies have obviously decided that they are going to make their money back on the project.