Quote:
We keep hearing we are desperate for housing. |
Quote:
|
The ultra white exterior is not going to age well methinks
|
Quote:
If the purchase price of the sites were more reasonable, I believe we would have had a better building and more action on the balance of the site. This idea that the inflated sale price for the site should flow to CV to fund their operations may be one of the challenges to get the project off the ground. I would rather the land be sold for a $1.00 to stimulate a great building than over pricing the land and expecting the developers to also pickup all the costs of roadwork, sidewalks landscaping etc. In any case, I hope something gets built now but tenders are not in…. The $4,000,000.00 land cost should be adjusted to ensure project’s success … One has to wonder how RNDSQR’s The Bend and Alston’s Pump House projects were conceived and built while those in charge of Marketlands continue to navel gaze… Maybe someone can find that report / costing and fact check for me… Thx |
I have heard through a good source (not 100% verified though) that RNDSQR sold their other property on Gault. Too bad if that is the case, but leaves the window open for another developer to do something great.
|
Quote:
|
Quote:
I'm not sure selling city owned land for free to developers would be a popular idea. Land prices are below market, not inflated. The budget challenges had nothing to do with land costs. |
Quote:
|
Perhaps their leasing agency is part of the problem. I tried reaching out to them multiple times and never got a response.
|
Quote:
|
[QUOTE=trueviking;10091501]I thought you loved UWCRC.
I'm not sure selling city owned land for free to developers would be a popular idea. Land prices are below market, not inflated. The budget challenges had nothing to do with land costs.[/QUOTE I do love UWCRC and wish them well. I would say that if they got the land for a dollar the way CV did they would have another $4,000,000 to utilize towards the project. That would be a good thing. If the intent is for the government to build affordable housing I would suggest utilizing City owned land would also be a good thing. While construction costs have nothing to do with land costs, land costs have everything to do with PROJECT costs. Saving $4,000,000 would be helpful. I would also suggest that on this project the soft costs were out of wack as well. As for your idea the land cost are low and not inflated, I would suggest the latest land report by Colliers would suggest otherwise. I just hope something gets built… |
Quote:
Trueviking may be privy to the site’s true status… |
How is 90 Alexander fairing? I read a few days ago that they were having problems leasing it which seems strange as it is in a good location, has a modern design and downtown is not that bad depite what some posters think.
|
Quote:
I really hope it leases up… The good news is the project is finished and will not languish as a failed attempt at downtown housing… |
Quote:
|
Anecdotal, but I know one person who was all set to move in to it until the occupancy delay came up, at which point they bailed and found another apartment elsewhere.
|
Marketlands has heavy equipment on it, and what looks like a few piles have already been set up.
|
prob parked there for a santa action construction scene for an upcoming hallmark movie
|
Quote:
|
I was at City Hall this morning for a Wpg 150 reception.
We were provided with a salutation / certificate from the Mayor to honour my mother’s 100th birthday. She remembers as a little girl, blocks of ice from the Red River delivered to her home by horse & wagon. On my walk that way it does appear caissons / piles have commenced on the westerly boundary of the Market Lands site… A crawler crane was being assembled as well. Very hopeful news. |
All times are GMT. The time now is 2:13 PM. |
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2024, vBulletin Solutions, Inc.