^ yes but the discussion here is that this is a purpose built rental building rather than a strata that currently permits rentals (At the whim of owners).
I can't even think of one large rental building built anywhere in the core in the last 15 years.
Yes, I realize what we're talking about. What I'm suggesting is that perhaps the concept of purpose-built rentals is an antiquated model because there are no longer the incentives there once were, therefore rendering them uneconomcal. Couple that with the increased prevalence of rentable condos (where the builder gets paid and the risks/responsibilities are spread around amongst the unit owners), and you start to see why you haven't seen a new purpose-built rental building built in the core for 15 years.