The Future of High-Rise Condo Buildings

April 2015

High-rise living began with apartment rentals. Today, high-rise condominiums are an attractive alternative to houses as a form of home ownership.

As high-rise living in condos evolves, the condo community may evolve to become a micro community where one can live, work and play. The beginnings of this evolution are occurring as condo buildings increasingly are multi-use facilities.

Many condo buildings have diversified and now incorporate small scale retail such as restaurants and convenience stores.

Hullmark Corporate Centre combines residential and commercial condominiums with a Whole Foods supermarket, Rexall Drugs, Royal Bank, restaurants and other retail.

Gibson Square, recently opened, will include an Aroma Espresso café. Emerald Park condos, when complete, will include a Metro supermarket.

A proposed apartment building in Regent Park is to include a daycare facility and retirement units. A new 94-bed Red Door Family Shelter will be housed in a proposed Leslieville seven-storey boutique condominium project.

Private exercise clubs locating in condo buildings are seen as increasingly desirable.