Indx Condos, in the heart of the Financial District have sold out, as reported by the developer. It has been one of the last highly successful condo launches before the word of the Condo Crash started spreading around mid-summer. A Condo crash which has yet to happen, mind you. INDX Tower will rise 180 meters and 54 floors, and is located at 70 Temperance on the site of the historic Graphic Arts Building.
The building will provide access to the workers in Financial District to their own peid a terre's near their workplaces. Likely had a lot to do with it's quick sales sucess.
The Developer of the Property is Lifetime and Centercourt Developments.
Factoring The Toronto Economic Forecast 2013
What does the future hold for Toronto's Economy in the 2013 year? I'm doing a forecast based on a number of economic variables, to determine performance of our diversified economy and any external and internal impacts that might influence growth in the Golden Horseshoe Region (GTA). The factors that seem to have the most impact on Toronto is the Global Financial Markets, and Global Currency Markets, outside of that internal factors that determine the growth of the region are heavily tied to our skyscraper and construction industries now amounting to some 7% of Canadian GDP. And construction itself is tied to macro-economic factors such as National and Global Interest rates, or cost of money. So, one by one, we will factor each of these impacts on the Toronto Economy.
No comments:
Post a Comment