Quote:
Originally Posted by Bill Bumface
I'm just not counting anything until it's above grade. I agree if everything that has broken ground or is planned goes ahead all the way, it will be getting closer for sure.
There have, however, been enough pits left as pits and buildings capped at grade in the past that I don't get too excited with the way economics are looking for some of these projects.
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Blue is completed, under construction, or likely to start construction in the next year or so.
Red is everything else. Probably about 75% of the total volume of units between say 2018 and 2035 (when I'd guess more or less full absorption, assuming a pretty strong economy ~500-600 units/yr).