Quote:
Originally Posted by frinkprof
Phasing. The developers incur less risk by building two smaller towers one at a time rather than a single bigger one that may take longer to be fully leased upon occupation. By spreading the finite demand over time, they can spread costs over time which makes financing their project more viable.
|
Is it just my own perception or is this more often in Calgary? It seems to me other cities don't have as many of these. If my perception is correct, why is this so common in Calgary?