Condos versus apartment construction

[Tommy McGraw]

I am currently designing a 25,000 sq. ft. mixed use project in a historic downtown setting. Ground floor commercial space to include a bank and gym, 2nd floor residential, and roof top bar/restaurant. The current plans for the residential level of the building consist of 8 condominiums ranging in size from 850 sq. ft to 1550 sq. ft. Initially, I decided to go with condominiums to offset the development costs by pre-selling them. Also, I wanted to bring a more financially stable resident into the building who, in theory, would be in a better position to pump money into local businesses vs. the average apartment renting college student or younger professional.

With the current Corona-lull, I have some time to go back over the concepts and numbers and I'm wondering what other investors opinions are in the apartment vs condo battle.