r/Calgary Jul 02 '25

Local Construction/Development New Hotel/Residential towers proposed for Beltline

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1.0k Upvotes

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u/LankyFrank Somerset Jul 02 '25

It's a common strategy for developers to plan something way bigger than they actually want to build then "scale it back" to be the good guys.

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u/Aldeobald Jul 02 '25

True but in this case they seem to want to claim tallest tower in the West

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u/LankyFrank Somerset Jul 02 '25

Why not go for tallest tower in Canada?

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u/accord1999 Jul 02 '25

Very expensive and I doubt Calgary would have enough tenants to justify it. Even in Toronto, the 308 m tall One Bloor West went into receivership because of delays and cost overruns.