This week Elon Musk’s Boring Company ran a Tesla through its 1.14 mile-long test tunnel in Hawthorne, California. This was accomplished by using a set of tracking wheels that Elon said, “turns a car into a rail-guided train & back again.” Apparently it is safe up to 150 miles per hour. Here is a video from yesterday’s unveiling (click here if you can’t see it below):
Some, or perhaps many, are skeptical of how this could work at scale in a dense urban environment. The company is imagining a world where every house or office building has one of these lifts (shown in the video) in their garage or basement. But there’s no question it is very cool and apparently this test tunnel only cost about $10 million per mile to dig. That’s progress in and of itself.
This week Elon Musk’s Boring Company ran a Tesla through its 1.14 mile-long test tunnel in Hawthorne, California. This was accomplished by using a set of tracking wheels that Elon said, “turns a car into a rail-guided train & back again.” Apparently it is safe up to 150 miles per hour. Here is a video from yesterday’s unveiling (click here if you can’t see it below):
Some, or perhaps many, are skeptical of how this could work at scale in a dense urban environment. The company is imagining a world where every house or office building has one of these lifts (shown in the video) in their garage or basement. But there’s no question it is very cool and apparently this test tunnel only cost about $10 million per mile to dig. That’s progress in and of itself.
Today we released the above rendering for Junction House and announced that sales will begin this fall.
144 condominium homes. A mix of 1, 2 and 3 bedroom suites, including our Two-Storey House Collection and our Laneway House Collection. Prices starting in the $400s.
One of our partners also happened to serendipitously send me this Globe & Mail article today talking about the increasing demand for and shortage of mid-rise housing:
“The market is substantially undersupplied in mid-rise,” said Mr. Hildebrand, who notes that mid-rise projects in the GTA [Greater Toronto Area] were just 31 of 2017’s new launches, accounting for 3,833 units (12 per cent of the total).
“There’s a huge appetite for medium density in Toronto. Many don’t want to live in the downtown core, this buyer is more interested in being in a community and there is a greater propensity to buy larger more livable units.”
Given the huge influx of inquiries we received today after the above announcement was made, I would say that feels right. And our focus at Junction House is very much on “larger and more livable.”
If you’re at all interested in a new home at Junction House, I would encourage you to get on our priority list, here.
This past week Studio Gangunveiled its first project in Los Angeles, a curvaceous apartment (300 rental units) and hotel (149 rooms) tower in Chinatown.
The developer is Paris-based Compagnie de Phalsbourg and the hotel component is expected to be operated by the European brand, MOB Hotel.
Above is the only rendering I could find. If you would like to read a bit more about the project, check out Curbed LA.
Today we released the above rendering for Junction House and announced that sales will begin this fall.
144 condominium homes. A mix of 1, 2 and 3 bedroom suites, including our Two-Storey House Collection and our Laneway House Collection. Prices starting in the $400s.
One of our partners also happened to serendipitously send me this Globe & Mail article today talking about the increasing demand for and shortage of mid-rise housing:
“The market is substantially undersupplied in mid-rise,” said Mr. Hildebrand, who notes that mid-rise projects in the GTA [Greater Toronto Area] were just 31 of 2017’s new launches, accounting for 3,833 units (12 per cent of the total).
“There’s a huge appetite for medium density in Toronto. Many don’t want to live in the downtown core, this buyer is more interested in being in a community and there is a greater propensity to buy larger more livable units.”
Given the huge influx of inquiries we received today after the above announcement was made, I would say that feels right. And our focus at Junction House is very much on “larger and more livable.”
If you’re at all interested in a new home at Junction House, I would encourage you to get on our priority list, here.
This past week Studio Gangunveiled its first project in Los Angeles, a curvaceous apartment (300 rental units) and hotel (149 rooms) tower in Chinatown.
The developer is Paris-based Compagnie de Phalsbourg and the hotel component is expected to be operated by the European brand, MOB Hotel.
Above is the only rendering I could find. If you would like to read a bit more about the project, check out Curbed LA.
