Sandy Hill Condo Boom

Being one of the city's most popular neighbourhoods, it comes as little surprise to see the northwest corner of Sandy Hill undergo a condo boom. In fact, one could ask what took so long to develop this nook given that The Lanesborough, just off King Edward Ave, is probably Domicile's most sought after building on the resale market.

Directly across the street, construction is underway for Richcraft's Galleria II after a 5-month delay. This is the second phase of a premium project that has gotten off to a great start with quality construction and finishes in Phase I, and boasts an excellent location convenient to both the Market and the University:

To the north of The Galleria, Claridge has fenced off the National Bank and started demolition on the adjacent lots. With Claridge Plaza II nearing completion, construction on Claridge Plaza 3 is slated to start next month, a project that will add another 226 condos to the neighbourhood:

Last and least, the proposed site for Daly Square on the corner King Edward Ave remains devoid of any activity. The signage claims that 90% of its 47 units are sold, but there is no word as to when construction will begin despite the estimated occupancy date of August 2011: