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Renting Apartments Vs Condos | Downsizing Differences

In truth, there is no real physical difference between what defines an apartment and what defines a condominium . They typically offer the same range of amenities, but the ownership of the property is where the real difference exists . Apartment units contained within a single complex are generally owned by the corporation or business that built the complex in the first place. Those individual units are then leased by an overarching management system that controls all the units. Condos, however, are owned much differently. Each unit in a condo complex is owned by an individual, and a homeowners association typically handles property management . That means most condos are rented from the owner of the condo itself, and not an overarching owning entity like with apartments. There are still some differences in the rental experience that one should expect, which are outlined below. Financial Costs In terms of month-to- month rental fees , condos and apartments are usually priced sim...

Five big projects in Tampa; five big problems looming

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The city of Tampa is on the cusp of a total makeover. With billions of dollars in investment and dozens of new apartment, condo, office and cultural buildings in the pipeline, the city's skyline and surrounding communities are poised to look a whole lot different than what it does today. But dreaming up the future of Tampa doesn't come without its challenges. For all the promises of a new urban core filled with hotels, parks, food halls and stores, there are also potential pitfalls. The Tampa Bay Times identified the five key obstacles that stand in the way of some of the biggest projects proposed in Hillsborough County . Many of these challenges are ones local politicians and business leaders have been fighting for years to find a solution. Others are fairly new territory, but still pose a real threat to the region's continued growth. [LOREN ELLIOTT | Times] A construction site is seen just north of Amalie Arena in downtown Tampa , Fla., on Monday, May 1, 2017. Curr...

Wengle and Gluckstein Design North Drive's One Forest Hill

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A development proposal initially submitted to the City of Toronto in 2014 for 200 St. Clair Avenue West , just west of Avenue Road, is finally making it to the market, but with a brand new team and a completely re-imagined design. Originally proposed by Stafford Developments at 15 storeys, the proposal ran into opposition from the City and from some neighbours. Following months of negotiations and a trip to the OMB, approval was given for a 12-storey 110-unit building for the north side of St. Clair Avenue, with Forest Hill Road to its west and Glenn Gould Park on its east side. in the current plans for a 12-storey building with 110 condominium units. It has since been revealed that Stafford has pre sold the developed site to North Drive Investments  on the condition of the plans receiving an OMB approval. This has since taken place, allowing North Drive to begin marketing the development. North Drive is pursuing a new plan by  architect Richard Wengle with fewer but greatly expan...