One of the many
things that can make a city prosperous is its rate of urban
development; it could rake in major commercial real estate investors
and residential buyers alike.
If you are one of these people, you might find it great news to know
that Calgary has been ranked as having one of the most number of
high-rise and skyscraper projects in North America today.
Real
estate data giant Emporis recently unveiled its list of the cities
with the highest rate of urban development when it comes to high-rise
buildings. Not only did Calgary rank fifth with 22 projects, but the
top spot itself was nabbed by Toronto, with an impressive total of
130 projects. Other Canadian cities that made it to the Top 10
include Montreal (25) and Vancouver (23).
Essentially,
Emporis said that its list was based on a particular definition of
high-rise buildings as at least 35 metres high or, if the measurement
is unknown, anywhere from 12 to 39 floors. Moreover, skyscrapers are
those that range around 100 meters or more, or at least 40 floors.
As the majority
of these buildings are residential, prospective home buyers in
Calgary will have a lot of options for condominium units. There are
also many prospective investors who want to buy out units for
rentals.
No comments:
Post a Comment