Central (Phase 1-3) | ?m | 9 fl | Completed

[amanfromnowhere]

the soil looks totally different from that dirty mess for Central 1

[J.OT13]

Crane is up for Central phase II

[kevinbottawa]

Crane is up for Central phase II

Here's a pic of it.

http://3.bp.blogspot.com/-U_ozYxcxSP0/T2PeE_BLIKI/AAAAAAAABj4/IMIHCVNd1ws/s640/IMG_1787(2).JPG

[J.OT13]

Thanks

[waterloowarrior]

18 March 2012 aerial update by southfacing
http://www.flickr.com/photos/23575605@N08/6995099741/in/photostream
http://farm7.staticflickr.com/6235/6995099741_b3ed7a6da0_z.jpg


http://www.flickr.com/photos/23575605@N08/6995100633/in/photostream
http://farm8.staticflickr.com/7185/6995100633_fbdbf67a77_z.jpg

[Shalaby]

The pit at Central 2 as of today:

http://i.imgur.com/5LGs3.jpg

[Davis137]

Wow, did the south tower of PH1 ever go up quickly! Cool to see that PH2 is going to be kicking off soon enough too...

[rakerman]

The Shoppers sign says it will open May 31, 2012.

I don't know when the Starbucks will open.

http://farm8.staticflickr.com/7066/7145651629_c9c39d43a4_z.jpg (http://www.flickr.com/photos/rakerman/7145651629/)
IMG_0407 (http://www.flickr.com/photos/rakerman/7145651629/) by rakerman (http://www.flickr.com/people/rakerman/), on Flickr

photo from April 28, 2012

[Dinan]

According to a local Starbucks manager, the new Starbucks at Central will open on May 20th.

[McC]

The Shoppers sign says it will open May 31, 2012.

I don't know when the Starbucks will open.

http://farm8.staticflickr.com/7066/7145651629_c9c39d43a4_z.jpg (http://www.flickr.com/photos/rakerman/7145651629/)
IMG_0407 (http://www.flickr.com/photos/rakerman/7145651629/) by rakerman (http://www.flickr.com/people/rakerman/), on Flickr

photo from April 28, 2012

not particularly inviting -- at least not yet -- is it? I hope they put out some planters and café tables, anything really to soften that up a little.

[McC]

http://www.southcentralottawa.com/flash.php
Looks like Urban Capital and Tamarack will have more projects to come in the area after the 3 Phases of Central. Burning self-interested question: How much older than their target market am I if I think South Central would be THE LAST name that you'd want to try and foist on an up and coming area...? holy cow does a name that evokes Boyz in the Hood, Rodney King, Crips, Bloods and race riots not spell "hip real estate, buy now!" to me...

[kevinbottawa]

http://www.southcentralottawa.com/flash.php
Looks like Urban Capital and Tamarack will have more projects to come in the area after the 3 Phases of Central. Burning self-interested question: How much older than their target market am I if I think South Central would be THE LAST name that you'd want to try and foist on an up and coming area...? holy cow does a name that evokes Boyz in the Hood, Rodney King, Crips, Bloods and race riots not spell "hip real estate, buy now!" to me...

So is it gonna be SoBa or South Central? This is a case of competing visions.

PS: I agree "South Central" is a horrible name.

[McC]

So is it gonna be SoBa or South Central? This is a case of competing visions.

PS: I agree "South Central" is a horrible name.

But SoBa's not terribly appropriate for this area either, because you haven't gone very far south on Bank yet, Old Ottawa South and Bank Street through South Ottawa are still kilometres away, and then Bank just keeps on going south from there: South Keys, Southvale, SoutheySoutherson...

[Davis137]

I agree...Bank and Hunt Club is Ottawa South...

[J.OT13]

Ok, so CeBa; Central Bank. Or maybe Midtown (and I'm not thinking about midtown Manhattan, obviously).

[rodionx]

http://www.southcentralottawa.com/flash.php
Looks like Urban Capital and Tamarack will have more projects to come in the area after the 3 Phases of Central. Burning self-interested question: How much older than their target market am I if I think South Central would be THE LAST name that you'd want to try and foist on an up and coming area...? holy cow does a name that evokes Boyz in the Hood, Rodney King, Crips, Bloods and race riots not spell "hip real estate, buy now!" to me...

Lol. The flash animation reads: "South Central: the next great hood."

And if you get in trouble there, you end up in Attica. I mean, Attika. With Ice Kube.

[S-Man]

Hopefully Urban Capital will Do The Right Thing when it comes to naming the area.

[citizen j]

http://www.southcentralottawa.com/flash.php
Looks like Urban Capital and Tamarack will have more projects to come in the area after the 3 Phases of Central. Burning self-interested question: How much older than their target market am I if I think South Central would be THE LAST name that you'd want to try and foist on an up and coming area...? holy cow does a name that evokes Boyz in the Hood, Rodney King, Crips, Bloods and race riots not spell "hip real estate, buy now!" to me...

They knew exactly what they were invoking with that name, but are counting on a kind of collective, selective amnesia or flat-out ignorance. "South Central" for a young, relatively middle-class, predominantly white Canadian demographic = hip, urban, 'edgy' even (but not too edgy) -- and is it just me or does Barrymore's not look oddly like the arch in Washington Square in that ad? Better throw in some trees and single-family housing and a poutine truck in the image to make all feel safer. All of this rather than a lightning rod (like L.A.'s South Central has been) for a variety of much less 'glamorous' issues: urban decay, poverty, crime, social injustice, etc. It's like celebrating a sanitized white-friendly Cotton-Club-esque version of the Harlem Renaissance with no references to institutionalized racism and mobilized activism. Just some swingin' hot jazz and cool Langston Hughes poems.

[citizen j]

Hopefully Urban Capital will Do The Right Thing when it comes to naming the area.

Well done!

[kevinbottawa]

The About Us blurb says Urban Capital is teaming up with the BIA to "redefine and revitalize" the area. If they're really working with the BIA they'll have an advantage in defining the area.

I really wanna get into Urban Capital's head and figure out what they're trying to do. Lamb Developments tries to define a new district and then Urban Capital does the same with some parts overlapping with the district Lamb is trying to create. Perhaps it's just competition. Didn't Urban Capital work on some projects with Lamb? Mondrian, etc.?

I think competition would be good for the area. It would be nice to watch these two companies go at it.

[J.OT13]

and is it just me or does Barrymore's not look oddly like the arch in Washington Square in that ad?

Yup. I was kind of confused at first until I realized it was Barrymore's.

KevinOttawa, Brad J. Lamb did in fact work with Urban Capital for Central, Mondrian and East Market (as well as a bunch of other condos in TO, Montreal...). Not sure if they parted ways or what, but it does look like a competition. Well as a bunch of other condos in TO, Montreal...)

How about naming the district SoBaD (South Bank Downtown) to avoid confusion? :haha:

[Shalaby]

http://i.imgur.com/YuVBP.jpg

Not trying to change the subject, but here's an shot of Central II/III's pit.

[rakerman]

http://farm9.staticflickr.com/8001/7202771880_25f44d2707.jpg (http://www.flickr.com/photos/rakerman/7202771880/)
IMG_0540 (http://www.flickr.com/photos/rakerman/7202771880/) by rakerman (http://www.flickr.com/people/rakerman/), on Flickr

[rakerman]

I think the "South Central" branding is ridiculous, but I can't help but notice that it gets a free mention of "Central" in every time you discuss it.

[rakerman]

from May 6, 2012

http://farm8.staticflickr.com/7245/7238417758_ae472cc868.jpg (http://www.flickr.com/photos/rakerman/7238417758/)
IMG_0431 (http://www.flickr.com/photos/rakerman/7238417758/) by rakerman (http://www.flickr.com/people/rakerman/), on Flickr

[rakerman]

The Central 1 townhouses have doors on the street and individual street addresses on McLeod - very nice integration with the street.

http://farm9.staticflickr.com/8025/7241157652_fb9b77bcd6.jpg (http://www.flickr.com/photos/rakerman/7241157652/)
IMG_0380 (http://www.flickr.com/photos/rakerman/7241157652/) by rakerman (http://www.flickr.com/people/rakerman/), on Flickr

Photo from April 15, 2012.

[Shalaby]

Here's an awkwardly taken panorama of phase II/III from yesterday:
http://i.imgur.com/i1FvM.jpg

[Davis137]

I purposely looked for Central from the Queensway this evening, and I could see it a little bit from the southwest, and it looks great from a distance, and these other phases are going to make it look even better.

[rakerman]

Not sure if it's been mentioned before, anyway the South Central website confirms: "7500 square foot LCBO will be going into Central 2".

[Shalaby]

Not sure if it's been mentioned before, anyway the South Central website confirms: "7500 square foot LCBO will be going into Central 2".

Wait, I'm a little confused. South Central just the collective name for the two phases of Central? I thought it was a new development all together from the posters I'd seen around bank street. Interesting.

Also, would that LCBO be taking up all the retail space in Central 2?

[Nepean]

Wait, I'm a little confused. South Central just the collective name for the two phases of Central? I thought it was a new development all together from the posters I'd seen around bank street. Interesting.

Also, would that LCBO be taking up all the retail space in Central 2?

My understanding is that South Central is the name for a series of projects that will take place on Bank, and which includes Central I and II, as well as Hideaway (Central Phase III).

In regard to the LCBO, I was under the impression that it would take up all of the retail space on the ground floor of Central Phase II, although I will defer to anyone else if they have more updated information.

[Shalaby]

My understanding is that South Central is the name for a series of projects that will take place on Bank, and which includes Central I and II, as well as Hideaway (Central Phase III).

In regard to the LCBO, I was under the impression that it would take up all of the retail space on the ground floor of Central Phase II, although I will defer to anyone else if they have more updated information.

Ah, thanks for clearing that up.

Here's a crappy camera phone picture of Centeral II/III from today:

http://i.imgur.com/UYmwr.jpg

[m0nkyman]

Not sure if it's been mentioned before, anyway the South Central website confirms: "7500 square foot LCBO will be going into Central 2".

Although its good to get a liquor store, I'm bummed that it won't be the grocery store it was originally rumored to be. Hartmans needs competition.

[rakerman]

I really like what Central 1 has done along McLeod, with (I guess townhouses?) that have their own street numbers and entrances on the street.

http://farm8.staticflickr.com/7083/7161686365_a28d999ae6.jpg (http://www.flickr.com/photos/rakerman/7161686365/)
DSC07638 (http://www.flickr.com/photos/rakerman/7161686365/) by rakerman (http://www.flickr.com/people/rakerman/), on Flickr

[Davis137]

Those towns look great on the street frontage. Are they 2-levels inside? Looks like they would be. There's a huge old condo complex in Brantford called Hayhurst Village, that is only 4 floors tall, but it's comprised of 2-storey condo/apartments. I think Central is turning out really well overall, and I can imagine that portions of Bank Street will soon have more nightlife than it does already, rather than being a ghost town after 5pm...

[rakerman]

Central 2 is at grade

http://farm6.staticflickr.com/5118/7439339590_94fde5c397.jpg (http://www.flickr.com/photos/rakerman/7439339590/)
IMG_0852 (http://www.flickr.com/photos/rakerman/7439339590/) by rakerman (http://www.flickr.com/people/rakerman/), on Flickr

[rocketphish]

June 25, 2012

http://farm8.staticflickr.com/7123/7443640142_6c236beb05_b.jpg

from southfacing (http://www.flickr.com/photos/23575605@N08/)

[Shalaby]

Looks like there is going to be a fourth phase for Central. This article in the citizen about urban capitals attempt to rebrand the strip of bank street says it is going to be going in at Bank and Flora on what is now European Glass and Paint. Here is a link to the article (http://www.ottawacitizen.com/homes/What+name/6893913/story.html).

[rocketphish]

Looks like there is going to be a fourth phase for Central. This article in the citizen about urban capitals attempt to rebrand the strip of bank street says it is going to be going in at Bank and Flora on what is now European Glass and Paint. Here is a link to the article (http://www.ottawacitizen.com/homes/What+name/6893913/story.html).

See new thread over here:
http://forum.skyscraperpage.com/showthread.php?t=200330

[amanfromnowhere]

2012/08/18 - from Southfacing:

http://farm9.staticflickr.com/8307/7827492568_ef74843541_b.jpg

http://www.flickr.com/photos/23575605@N08/7827492568/in/photostream

[Shalaby]

Took this today, looks like they're coming close to finishing the structure for the second floor:
http://imgur.com/eBJIJ.png

[bartlebooth]

http://i1064.photobucket.com/albums/u377/Oulipo/central001_zps98607d4e.jpg

[Davis137]

This project looks better and better all the time!

[Shalaby]

A letter went out the other day for owners that listed occupancy dates. They're also starting appointments for finishes and upgrades in November. They should have the samples and swatches to choose from in the showroom now.

[bartlebooth]

http://i1064.photobucket.com/albums/u377/Oulipo/central002.jpg

[rakerman]

http://farm9.staticflickr.com/8342/8173205477_515f08f5b1.jpg (http://www.flickr.com/photos/rakerman/8173205477/)
DSC09707 (http://www.flickr.com/photos/rakerman/8173205477/) by rakerman (http://www.flickr.com/people/rakerman/), on Flickr

[rakerman]

Hideaway (Central 3) says "Now 60% sold. Construction starting this fall."

http://www.hideawayatcentral.ca/

[Shalaby]

The facade work is going up. There's already a decent amount of brick work and glass in place. Seems like the sales center has also been moved into the vacant retail space in Central 1.

[bartlebooth]

Walked by this development the other day. Have to say I like the density that is building up here. I appreciate that the 1st and second phase while obviously similar, have enough differences to give the buildings their own identity (unlike Claridge Plaza 1, 2, 3, 4 for example). The ground floor retail and street level apartments in phase 1 are also nice. While the current retail tenants are lame, an LCBO will likely add a lot of pedestrian activity to this part of Bank for many parts of the day and night. Overall, I think this is a good project.

[Shalaby]

The ground floor retail and street level apartments in phase 1 are also nice. While the current retail tenants are lame, an LCBO will likely add a lot of pedestrian activity to this part of Bank for many parts of the day and night.

I'm curious as to what will take the retail space that the sales office is currently occupying. I guess they'll likely use it as the sales office for C4- so it'll be occupied by Urban Capital for the next few years.

[bartlebooth]

I'm curious as to what will take the retail space that the sales office is currently occupying. I guess they'll likely use it as the sales office for C4- so it'll be occupied by Urban Capital for the next few years.

Doesn't Urban Capital own the site of the James Street Pub as well? Like you said, it may be a few years (or more) before they turn that space over with all of their projects in the area.

[Shalaby]

http://i.imgur.com/sWRb2QQ.jpghttp://i.imgur.com/Olt0MNb.jpg
http://i.imgur.com/1Pft6mQ.jpg

[rakerman]

pilings going in around the edge of Central 3 site

http://farm9.staticflickr.com/8097/8599500387_aa0f35555b.jpg (http://www.flickr.com/photos/rakerman/8599500387/)
IMG_4810 (http://www.flickr.com/photos/rakerman/8599500387/) by rakerman (http://www.flickr.com/people/rakerman/), on Flickr

[rakerman]

Doesn't Urban Capital own the site of the James Street Pub as well? Like you said, it may be a few years (or more) before they turn that space over with all of their projects in the area.

My understanding is Central 4 (which is approved) will be on the European Glass site, and Central 5 (which I haven't seen the proposal for yet) will be on the James Street Pub site.

[bartlebooth]

My understanding is Central 4 (which is approved) will be on the European Glass site, and Central 5 (which I haven't seen the proposal for yet) will be on the James Street Pub site.

Thanks rakerman. I wonder if Urban Capital is negotiating for the empty site (at the corner of Bank and Florence) beside the James Street Pub as well? I remember a proposal for a five story condo building for that site but have not heard much about it since it was announced.

[rakerman]

Thanks rakerman. I wonder if Urban Capital is negotiating for the empty site (at the corner of Bank and Florence) beside the James Street Pub as well? I remember a proposal for a five story condo building for that site but have not heard much about it since it was announced.

Someone (not Urban Capital) was supposed to build 5 storey mixed use there.

http://farm9.staticflickr.com/8069/8268095822_f1c1f2447a.jpg (http://www.flickr.com/photos/rakerman/8268095822/)
[406-408 Bank Street] (http://www.flickr.com/photos/rakerman/8268095822/) by rakerman (http://www.flickr.com/people/rakerman/), on Flickr

I don't see anything in DevApps.

[TMA-1]

That little Florence lot, across from Staples, is owned by my Camera Pusher - Galaxy Camera. He's been held up by Holmes, and I suppose plenty of other things, for a few years. It's not always Holmes' fault.



Someone (not Urban Capital) was supposed to build 5 storey mixed use there.

http://farm9.staticflickr.com/8069/8268095822_f1c1f2447a.jpg (http://www.flickr.com/photos/rakerman/8268095822/)
[406-408 Bank Street] (http://www.flickr.com/photos/rakerman/8268095822/) by rakerman (http://www.flickr.com/people/rakerman/), on Flickr

I don't see anything in DevApps.

[rakerman]

http://farm8.staticflickr.com/7339/8753224477_06076f6e50.jpg (http://www.flickr.com/photos/rakerman/8753224477/)
DSC00351 (http://www.flickr.com/photos/rakerman/8753224477/) by rakerman (http://www.flickr.com/people/rakerman/), on Flickr

http://farm4.staticflickr.com/3737/8754350604_62e2f39382.jpg (http://www.flickr.com/photos/rakerman/8754350604/)
DSC00354 (http://www.flickr.com/photos/rakerman/8754350604/) by rakerman (http://www.flickr.com/people/rakerman/), on Flickr

[Shalaby]

It's looking good. It's a shame with the elevator and roofers unions striking that construction is slowing down everywhere.

[brentgaulois]

I visited their sales office in the base of Central phase 1, and I looked at condos for the building they'll be constructing behind phase 2, which they have decided to call Hideaway. They are still selling some units in phase 2, but they are 1 bedroom+den that are between 600-700 sqft, costing between $310-340,000. Occupancy expected this autumn 2013.

The Hideaway (phase 3) will be ready in early 2015. They have a studio, called Blue Palace, that is 435 sqft and $217,900 (cheapest on their price list), with a terrace or balcony available. The largest is 852 sqft, 2 bedroom penthouse called Deseo, and is worth $381,900. In fact, some penthouses are two floors.

Parking is $35,000 for certain units, condo fees are $0.45/sf, it includes all utilities except for electricity, concierge, common expenses and a reserve fund contribution. Property taxes at 1.3%. 9 ft ceilings, but 10ft for 7 and up.

Ground floor will be retail, specifically the LCBO (taking up the entire space, I believe of phase 2).

I liked this project, particularly the Deseo unit, which has a terrace. It would suck to have a northern unit because you wouldn't get as much sunlight due to Phase 1, but it's still worthwhile. It's going to have decent finishing, it's a decent location for restaurants and, if the Bank Street BIA is successful, lots of fun shops and places to entertain oneself. It's near the 14 bus, but if you're willing you can walk several blocks to the LRT (too bad it isn't closer, though). There is space to park your bike, a storage space, and for the Hideaway, at least, a pool/ patio space. It is pet-friendly, as well.

They offered to take me up to a completed unit, but socially awkward me, I declined because the lady was taking another couple and I was still looking around.

(Please excuse the glare).

https://farm8.staticflickr.com/7281/8930050676_f57093c400_z.jpg (https://www.flickr.com/photos/sheldef/8930050676/in/set-72157633649790447)
Hideaway (https://www.flickr.com/photos/sheldef/8930050676/in/set-72157633649790447) by Shel DeF (https://www.flickr.com/photos/sheldef/) on Flickr

https://farm8.staticflickr.com/7435/8929439757_15a2fddf61_z.jpg (https://www.flickr.com/photos/sheldef/8929439757/in/photostream/)
Central 2 and Hideaway (https://www.flickr.com/photos/sheldef/8929439757/in/photostream/) by Shel DeF (https://www.flickr.com/photos/sheldef/) on Flickr

[DowntownDensity]

The pit being dug for Hideaway is now several storeys below-grade. (At least 2, looked like potentially 3. ...Didn't walk up to the site, only drove by rather quickly). Hopefully we'll see the final phase of this fantastic project spring up to-grade and above throughout the Fall season!

This portion of Bank is going to be a whole new world once the Hideaway, "Central 4" down the street, and SoBa are up. While I'm confident this area will remain distinctly part of Centretown it will very much have its own flavour within the grander setting of Centretown. This area is already so much more lively and communal feeling than just a few years ago when the old parking lot was there.

[Mikemwalsh]

Ground floor will be retail, specifically the LCBO (taking up the entire space, I believe of phase 2).


I saw this when walking by central phase 2 last week. I think it pretty much confirms that the LCBO will be taking up the lower level of Phase 2. Should be a pretty big LCBO location for the area, much bigger than the other locations near by.

(zoom in on the binder)
http://i.imgur.com/K6qu4aP.jpg

:cheers:

[waterloowarrior]

welcome to the forum Mike! great shot :cheers:

[rakerman]

Central 2

http://farm8.staticflickr.com/7368/9966857053_c872cbfece.jpg (http://www.flickr.com/photos/rakerman/9966857053/)
DSCN3010 - Version 2 (http://www.flickr.com/photos/rakerman/9966857053/) by rakerman (http://www.flickr.com/people/rakerman/), on Flickr

[J.OT13]

Central 2

http://farm8.staticflickr.com/7368/9966857053_c872cbfece.jpg (http://www.flickr.com/photos/rakerman/9966857053/)
DSCN3010 - Version 2 (http://www.flickr.com/photos/rakerman/9966857053/) by rakerman (http://www.flickr.com/people/rakerman/), on Flickr

I just got a flash of East Market.

[teej1984]

I saw this when walking by central phase 2 last week. I think it pretty much confirms that the LCBO will be taking up the lower level of Phase 2. Should be a pretty big LCBO location for the area, much bigger than the other locations near by.

(zoom in on the binder)
http://i.imgur.com/K6qu4aP.jpg

:cheers:

Im guessing this LCBO will replace the one that used to be next to Loblaws/The Queensway.

The side of the building looks pretty industrial... I like it!

[Chris-R]

Im guessing this LCBO will replace the one that used to be next to Loblaws/The Queensway.

The side of the building looks pretty industrial... I like it!

Nope: it's remaining too. It's the Beer Store that's leaving that location. In some tentative and limited ways, the LCBO is trying to be in more places.

[MattRichling]

The first four floors are starting occupancy this week (phase 2)....

[Rally2006]

I'm thinking of purchasing ph8 in central 3, on level 8 with the terrace. Can anyone give me their opinion as to whether that unit would be relatively a good purchase.

[McC]

Relative? Relative to what?

[gjhall]

I'm thinking of purchasing ph8 in central 3, on level 8 with the terrace. Can anyone give me their opinion as to whether that unit would be relatively a good purchase.

Don't know what the price is, but I'm a sucker for a terrace. Faces EAST though, so you'll only really enjoy it if you're a morning person or prefer a bit of shade in the afternoon. Pretty good interior layout and what's not to like about a 400 square foot main living/dining/kitchen area for entertaining.

My 2 cents.

[MattRichling]

I'm thinking of purchasing ph8 in central 3, on level 8 with the terrace. Can anyone give me their opinion as to whether that unit would be relatively a good purchase.

Not to knock the terrace... but they can be a hard sell sometimes in Ottawa with such limited use due to our winters, for the extra money. If you can make the most of it, (grasses, hot tubs, seating, etc) then it can be worth it. The unit is pretty open on the inside as well so I do like that, but overall its still only 863sqft. Did you walk through the building heights? You will be over the "retirement home" next door, and be up around the terrace level for Opus - which is good...plus good views north and south. Overall "gjhall" pretty much hit it on the head.

Depends on price really... (I don't have my price list here at home with me)

[JackBauer24]

As the other two have posted - it depends on the price premium they are charging for this terrace. IMO a terrace can be a huge asset for a condo, especially if you are able to BBQ (many projects don't have gas bbq outlets on their balconies, but they offer them on terraces) and enjoy most of it year round (again many terraces are partially covered by the balconies above providing some protection from snow, rain, etc..).

I have lived in a few different condos and my current residence has a very large terrace, it's only me of 5 condos in a 100+ Condo building that has one, so it's a feature that makes my condo unique. The premium the vendor charged me for the terrace was $10,000 for 600+ sq ft. Terrace, which I thought was more than fair value. Now having lived with a terrace, it'll be difficult for me to go back to a condo without one - personally, if I was considering two condos - one with a view and one with a terrace, the terrace would win me over every time.

How big is the terrace and how much extra does it cost?

I'm thinking of purchasing ph8 in central 3, on level 8 with the terrace. Can anyone give me their opinion as to whether that unit would be relatively a good purchase.

[Rally2006]

Terrace is about 370 square feet, extra charge is 15k. Ceiling height for the unit is 10"1. I walked up to the 8th level of central 2, the retirement home does not block the view at all and is about a level or two below I would say.

@McC relative to other layouts of condos in that region

[Rob64]

As the other two have posted - it depends on the price premium they are charging for this terrace. IMO a terrace can be a huge asset for a condo, especially if you are able to BBQ (many projects don't have gas bbq outlets on their balconies, but they offer them on terraces) and enjoy most of it year round (again many terraces are partially covered by the balconies above providing some protection from snow, rain, etc..).

I have lived in a few different condos and my current residence has a very large terrace, it's only me of 5 condos in a 100+ Condo building that has one, so it's a feature that makes my condo unique. The premium the vendor charged me for the terrace was $10,000 for 600+ sq ft. Terrace, which I thought was more than fair value. Now having lived with a terrace, it'll be difficult for me to go back to a condo without one - personally, if I was considering two condos - one with a view and one with a terrace, the terrace would win me over every time.

How big is the terrace and how much extra does it cost?

Brother, you're scaring me. lol. I'm taking interim occupancy of a new condo next month and the condo itself is 600 sq/ft. Your terrace alone is 600 sq/ft.:(

[K-133]

Terrace is about 370 square feet, extra charge is 15k. Ceiling height for the unit is 10"1. I walked up to the 8th level of central 2, the retirement home does not block the view at all and is about a level or two below I would say.

@McC relative to other layouts of condos in that region

In my personal opinion, terrace space is worth about 30% of the cost per square foot of the indoor space of a unit. So I'd evaluate $10,000 for 600 square feet as a great deal.

[JackBauer24]

Brother, you're scaring me. lol. I'm taking interim occupancy of a new condo next month and the condo itself is 600 sq/ft. Your terrace alone is 600 sq/ft.:(

Mines about 850 sq ft on the interior and it's a 2 Bdrm, so it wouldn't be competition to yours.

But don't worry, terraces aren't everything, but they are a great feature. There's lots of demand for 600 sq ft 1 bdrm condos.

[JackBauer24]

Terrace is about 370 square feet, extra charge is 15k. Ceiling height for the unit is 10"1. I walked up to the 8th level of central 2, the retirement home does not block the view at all and is about a level or two below I would say.

@McC relative to other layouts of condos in that region

Are you able to negotiate that price down a bit? I'd say its worth it if you could get it for $8-10k. And 10' ceilings will make a big difference too, it'll feel much bigger.

[Boxster]

Brother, you're scaring me. lol. I'm taking interim occupancy of a new condo next month and the condo itself is 600 sq/ft. Your terrace alone is 600 sq/ft.:(

As we are talking terraces, I am moving into a new condo early next year that has a 856 sq ft covered terrace. This was the selling point for me as I cannot see myself on a 100 sq ft balcony.

[gjhall]

As we are talking terraces, I am moving into a new condo early neat year that has a 856 sq ft covered terrace. This was the selling point for me as I cannot see myself on a 100 sq ft balcony.

What do you mean by covered?

[McC]

it's in the parking garage!
:)

[Boxster]

What do you mean by covered?

Covered by another terrace one floor up.

[Boxster]

it's in the parking garage!
:)

That was funny!!!! :laugh:

But its bigger than 4 parking spots....

[Rally2006]

My understanding is that condo prices have very recently fluctuated (went down as of a couple of days ago), does anyone have or know where I can get the updated price list online for this developement? Thanks in advance!

[JackBauer24]

My understanding is that condo prices have very recently fluctuated (went down as of a couple of days ago), does anyone have or know where I can get the updated price list online for this developement? Thanks in advance!

Try contacting the sales office or contact a realtor.

[Boxster]

Try contacting the sales office or contact a realtor.

REALLY???

:koko:

[JackBauer24]

REALLY???

:koko:

Yup, really.


In general, i answer obvious questions with obvious answers.

[rocketphish]

Yup, really.

In general, i answer obvious questions with obvious answers.

:tup:

[Boxster]

:surrender::tup:

[YOWetal]

My understanding is that condo prices have very recently fluctuated (went down as of a couple of days ago), does anyone have or know where I can get the updated price list online for this developement? Thanks in advance!

I would be surprised if they had dropped any prices. They might have promotions but lowering prices is the kiss of death for a condo development and therefore rare in a normal market.

[waterloowarrior]

https://twitter.com/jchianello/status/398824331846758401
by Joanne Chianello
https://pbs.twimg.com/media/BYjondnCMAEwAwS.jpg:large

[rakerman]

The LCBO in Central 2 is supposed to open November 19, 2013.

[.-:t-mac:-.]

Was at the LCBO in 240 Sparks (aka Holt Renfrew building) and they mentioned they are closing due to the new Bank location in 5 days.

Not sure how the 20,000 or so employees who work within a 10 minute walk will feel about this....but there it is....

[MountainView]

Was at the LCBO in 240 Sparks (aka Holt Renfrew building) and they mentioned they are closing due to the new Bank location in 5 days.

Not sure how the 20,000 or so employees who work within a 10 minute walk will feel about this....but there it is....

If this is true...which would suck, there is another one at WEP (111 Albert)

[McC]

Good riddance, that LCBO is terrible, meager selection, and their vintages are stored in a south facing window for Pete's sake. WEX and your heart are both worth the extra five minutes' walk.

[waterloowarrior]

Just wanted to confirm... Phase 2 is complete? Anyone have a Phase 3 update?

[phil235]

Just wanted to confirm... Phase 2 is complete? Anyone have a Phase 3 update?

Was by last weekend. I believe they are around the third floor.

[Urbanarchit]

Hideaway is up to 6 stories right now.

https://farm8.staticflickr.com/7411/13526339065_b40e518004_c.jpg (https://www.flickr.com/photos/sheldef/13526339065/)
Central Phase 2 and 3 (https://www.flickr.com/photos/sheldef/13526339065/) by Shel DeF (http://www.flickr.com/sheldef) on Flickr

[waterloowarrior]

https://farm6.staticflickr.com/5114/13922911847_2ded6f9745_o_d.jpg

from this afternoon

[JackBauer24]

Is it the glare, time of day, etc... or are the windows slightly tinted? If so, I like it - more privacy for residents, and a sleeker exterior look.