Interesting article just published in The Coast on the building boom of new condos in Halifax. With the near and long-term state of the local market, is this a classic development bubble? What do you think?
27 developments that are changing Halifax's cityscape
Do you like condos, HRM? Here, have thousands of them.
Posted By Ashley Corbett and Jacob Boon on Wed, Jul 6, 2016 at 1:38 PM
Halifax's building boom has a way of getting in your face, whether you actively avoid the sidewalk closures, or not. Cranes are towering, drills be drillin', and neighbourhoods are being modified and developed. Whether it's all the result of densifying urban plans or an artificially-propped up real estate market remains to be seen. In any event, it's giving the peninsula a facelift. Here are some details on what's to come.
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Spring Garden West
Dexel Developments is proposing a massive two-towered structure for the corner of Spring Garden Road and Carleton Street, reaching a height of 28-storeys. Public engagement sessions on the project took place over the spring, and a finalized design application is scheduled to be submitted to HRM in September.
Former St. Pat’s High School site
The former Catholic high school for peninsula Halifax was torn down over the last year, and is now being prepared for future sale by the municipality.
Monaghan Square
Young Street Equities is building two 17-storey condo and apartment towers on a shared commercial base at 6100 Young Street (across the street from the Superstore).
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