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Calgary transforms old offices to apartments: experts say other cities to follow (calgary.ctvnews.ca)

submitted 11 months ago by [email protected] to c/[email protected]

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[–] Delphia 3 points 11 months ago

Its not strictly speaking a lie that its cost prohibitive, like all things it depends on...

Building codes. Age and condition of the existing building. Layout of the existing building. Property values vs residential propery values. Current value of construction labor and materials. Fire codes.

Refiting a modern 20 story open plan building with no openable windows and a central bathroom for each floor in a city where commercial realestate is strong and residential is fair is a different story to an old 4 story with a series of smaller offices for different businesses and theres a massive oversupply of commercial and a housing crisis.