ICE Condos - Construction Update
The latest from the ICE condo project in downtown Toronto. ICE Condo number 1 looks to be fully topped out and the second tower is making up ground at a pretty rapid rate.
Toronto is undergoing a massive Highrise construction boom and some have referred to it as a bubble because there are more than 186 Highrise projects currently on the go in the Greater Toronto Area which is more than any other city in the America's at the present. The federal government has tried to slow the Highrise development industry down with tough new rules for obtaining bank financing as well as making it harder for consumers to borrow for home ownership which seems to have slowed down the pace for now.
Toronto is undergoing a massive Highrise construction boom and some have referred to it as a bubble because there are more than 186 Highrise projects currently on the go in the Greater Toronto Area which is more than any other city in the America's at the present. The federal government has tried to slow the Highrise development industry down with tough new rules for obtaining bank financing as well as making it harder for consumers to borrow for home ownership which seems to have slowed down the pace for now.
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