Quote:
Originally Posted by Bingo
Calgarians deserve something
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You sure throw the word "deserve" out a lot.
People forget that most cities of ~1MM population would trade us for our core in a second.
We don't "deserve" to be Manhattan.
Does the East Village "deserve" to stay half vacant lots because we double down on the amount of land made available for development in the vicinity of downtown?
No question if Calgary continues to grow the West Village will be redeveloped. Hopefully into something great. I don't think anyone argues that this won't be a great thing.
The timing? You have office vacancy at 30% and residential demand is drying up while condos continue to get built. As it stands the East Village could take another 20 years to fill out. If you cannibalize that development by offering up more land to developers, it gets worse.
Did we already forget it was 11 years between the twin towers of Banker's Hall going up? We are not in dissimilar times.