TEK Tower (30 Francis) | 45 fl | U/C

[cherrypark]

What tools does the City have to encourage larger units? (ie 750+ sq feet, or even *gasp* a two or three bedroom, non-penthouse suite that would appeal to a family with children?)

With new construction pushing $900 square foot, how much demand is there for $700,000 - $1,000,000+ 2 or 3 bedroom condos?

$700k at 20% down is in the ballpark of $2500 monthly. Considering the current cost of renting for a new 2-bed I don't think its too far out of line, and with the type of buyer moving to town, as high as those costs are.