There are a number of new and exciting downtown condo buildings popping up on the market here in Halifax. Interestingly many of these condos or mixed use buildings are projected to near completion around the same time. Here is the quick rundown of what’s happening in condo news downtown:
This new development is proposed by Toronto developer Urban Capital as the South End’s first loft-style condos. Located between the Atlantic Superstore and Tim Hortons at the southern end of Barrington street. The condos are expected to be directed toward condo buyers with prices starting in the low $200,000.00’s.
The existing Roy Building at 1650 Barrington street is slated to be razed to the ground beginning sometime in the coming months. The building will be Barrington’s first luxury condo high-rise featuring 24/7 concierge services, year round pool facilities, rooftop cabanas, fitness centre and ultra high-end finishes not to mention unobstructed views of Citadel Hill and Halifax Harbour. These condos are expected to start in the $500,000.00 range and up from there. The Roy will be a 22 story mixed use building with retail and commercial space as well as condos. The Roy condominium complex is one of a few developments in the downtown that will be allowed the height of 22 stories as Halifax By Design no longer allows buildings of this height. The developer, Starfish Properties, who own many buildings along Barrington street, has already begun to help with the revitalization of downtown with their reconstruction of the old Sam The Record Man building.
It is interesting to note that these new developments are expected to be complete around 2015 when the Nova Centre is expected to be completed. It will be a long couple of years for traffic, but Halifax will feel like a whole new city when it is all complete!
If you have any questions or info to add, please feel free to contact us!