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Everyone is moving back to the city. In Vancouver there was a long gap where there was no commercial building development in the downtown core, and there was ev
by Tiktaalik 14y ago
Everyone is moving back to the city. In Vancouver there was a long gap where there was no commercial building development in the downtown core, and there was even a short period where they were converting commercial buildings to residential, but there is a significant amount of commercial construction now.
The western Canadian telecom Telus is building[1] a new HQ downtown and is moving there from their current building in the Vancouver suburb of Burnaby. The Telus Garden complex will have a residential component as well, and their employees were offered priority and a bit of a deal on units in it. It sold out pretty much instantly.[2]
[1]http://www.theglobeandmail.com/report-on-business/industry-news/property-report/a-garden-in-the-sky-in-the-heart-of-vancouver/article4179465/ http://www.theglobeandmail.com/report-on-business/industry-n...
[2]http://www.theglobeandmail.com/news/british-columbia/teluss-vancouver-condos-fly-off-the-market/article4098423/ http://www.theglobeandmail.com/news/british-columbia/teluss-...