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Old 03-19-2014, 11:39 AM   #1036
Bunk
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Quote:
Originally Posted by Bigtime View Post
Apparently there may be a condo tower in the works for East Village that will have no parking. It was probably only a matter of time until we saw a building like this proposed in Calgary. Thoughts?

http://www.calgaryherald.com/news/ca...tml?rel=841484
It's a niche market and has potential. In any given building downtown there's sure to be a proportion that don't own a car, don't want a car. This allows people to self select and aggregate into one building. The benefit is none need to pay for the cost of parking they do not use, whereas in other condos they will share that cost as part of that home purchase whether they use parking or not.
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