Quote:
Originally Posted by Innsertnamehere
London's new tallest is really adding some heft to the skyline. A couple more big highrises downtown and the city is going to start looking quite impressive.
|
There are 7 buildings over 20 stories that aren't even shown on the shot, several major buildings nearly completion in the inner city, and a whole plethora of new proposals. The downtown office vacany rate in London is very high at 28% but thankfully some new office conversions are in the works.
Downtown London has taken a pounding over the last 6 years. Dundas, the main drag, was ripped up in 2018 to create the new flex-street of Dundas Place in 2018, and as soon as it opened Covid hit. Then when Covid started to wane, the new Downtown BRT Bus Loop started construction with huge sections of downtown streets being torn up to accommodate it with new sewers put in place at the same time, COVID also caused the office vacancy rate to soar, and when compounded with the surge in homelessness and drug addiction, it's a wonder the downtown is still there.
Thankfully, the Bus Loop will be done in a few months, there are thousands who will be moving into the downtown/inner city in the next year, the City is finally getting some affordable rentals onto the market to help with homelessness, the East Link BRT nearing completion, and Wellington Gateway BRT will be completed to Commissioners by next year greatly increasing the ease of getting from downtown from the south/401 as right now it has to go down ripped up Wellington, the city's busiest road.
In a couple years when this is all behind her, I think downtown will move into a real renaissance.
Prev
Linear Mode
