03-06-2017, 09:32 AM
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#467
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Franchise Player
Join Date: Mar 2015
Location: Pickle Jar Lake
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Quote:
Originally Posted by GGG
Is that completed towers? I know some are being capped at grade and converted but I hadn't heard of completed towers switching.
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Here is one of them:
Quote:
Q: But most of these buildings weren't built for full time human habitation, how difficult is it to convert an office building into a residential space?
A: If you think about it, the main features that you need, plumbing, access to transportation is all there.
Developers found it was actually more difficult to modernize old Class C buildings to attract the needs of modern companies, than they did converting it into condo or apartment spaces.
With residential uses, you are at least getting something for that property.
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http://www.cbc.ca/news/canada/calgar...ndos-1.3954060
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