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  #2921  
Old Posted Jul 22, 2020, 2:57 PM
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Authentic_City Authentic_City is offline
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Sure, we can quibble over how much money a downtown surface parking lot will generate (50K, 100K, more??), but the fact is, they are a low cost, low tax, revenue generating business that requires virtually no investment. The problem is, once they are allowed downtown, they seem impossible to get rid of because there is no incentive to redevelop or sell. Many owners see it as a long term investment. A lot at Portage and Main adjacent to the Exchange District will be popular. Lots of folks will park in a surface lot before going into a Parkade because it seems easier and faster. This lot will do just fine. I just hope it's truly temporary, but we all know how these things go. Just look at the "temporary" parking lot by Upper Fort Garry Park.
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  #2922  
Old Posted Jul 22, 2020, 3:31 PM
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^^^Just look at how long this "Temporary" gravel lot has been there - 30-40 years? Imagine how long it will be there when it starts generating income.
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  #2923  
Old Posted Jul 22, 2020, 5:09 PM
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Originally Posted by Biff View Post
^^^Just look at how long this "Temporary" gravel lot has been there - 30-40 years? Imagine how long it will be there when it starts generating income.
41 years and counting.
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  #2924  
Old Posted Jul 22, 2020, 5:13 PM
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41 years and counting.
Bleak, man
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  #2925  
Old Posted Jul 22, 2020, 5:39 PM
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Originally Posted by Spocket View Post
What's the fuss about the parking lot? It's just a gravel lot now, isn't it? Hell a parking lot might actually add something to the area in this case.
The fuss is that before only 2/3 of that lot was allowed to be a parking lot (separate parcels) and the city had a moratorium on new surface lots. They finally caved after years of not allowing it and has allowed Harvard to increase the size of the lot by ~50%. Now even less incentive to do something there.
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  #2926  
Old Posted Jul 22, 2020, 11:06 PM
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The silver lining here I suppose is that it will be easier to build a future tower on a parking lot than it would be if the owners had built, say, a three-storey office building on that site.
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  #2927  
Old Posted Jul 23, 2020, 4:17 AM
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^^ oh yay, a bigger surface lot that's cool ...
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  #2928  
Old Posted Jul 23, 2020, 5:50 AM
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Originally Posted by zalf View Post
The silver lining here I suppose is that it will be easier to build a future tower on a parking lot than it would be if the owners had built, say, a three-storey office building on that site.
I would 100% take a three storey building on that site.
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  #2929  
Old Posted Jul 23, 2020, 7:00 AM
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Labroco Labroco is offline
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Quote:
Originally Posted by Authentic_City View Post
Sure, we can quibble over how much money a downtown surface parking lot will generate (50K, 100K, more??), but the fact is, they are a low cost, low tax, revenue generating business that requires virtually no investment. The problem is, once they are allowed downtown, they seem impossible to get rid of because there is no incentive to redevelop or sell. Many owners see it as a long term investment. A lot at Portage and Main adjacent to the Exchange District will be popular. Lots of folks will park in a surface lot before going into a Parkade because it seems easier and faster. This lot will do just fine. I just hope it's truly temporary, but we all know how these things go. Just look at the "temporary" parking lot by Upper Fort Garry Park.
I agree with you... The best investment downtown is in fact a parking lot! Harvard owns the whole block and the site has been parked for 40 years! At least you will get lighting, drainage, paving and some landscaping on Main Street. Even Centre Ventures owns a couple of parking lots now! The income helps to pay for their office overhead.

On a positive note, a “temporary” parking lot on Notre Dame is about to be rezoned mid September for an apartment Bldg 6/8 floors. Let’s see if the City cooperates or if they really want it to stay parking... stay tuned...
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  #2930  
Old Posted Jul 23, 2020, 12:49 PM
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Calvary Temple?!
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  #2931  
Old Posted Jul 23, 2020, 1:04 PM
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Calvary Temple?!
That's what came to my mind as well. Let's hope. That stretch of Notre Dame from Princess to Carlton is just an embarrassment of surface parking... it could use some help.
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  #2932  
Old Posted Jul 23, 2020, 6:19 PM
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Calvary Temple?!
Nope..
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  #2933  
Old Posted Jul 23, 2020, 9:04 PM
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Omg is it THE triangle lot?!
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  #2934  
Old Posted Jul 23, 2020, 9:18 PM
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^ Haven't had too close of a look at the Mormon Temple but from the glimpse I got it looks like a pretty nice building. Most newer houses of worship just look like big box stores, but that one is definitely a cut above that sort of thing.
Looks like it has a slate roof. $$$
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  #2935  
Old Posted Jul 23, 2020, 9:21 PM
Glenn99 Glenn99 is offline
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Originally Posted by BariasEC View Post
Lots of projects in Waverly west are moving along quite nicely.
Ironclad is going full throttle on its “Bravado” mixed use building right next to save-on. While PPP seems to be speeding up on “The District”, on the south tip of Bridgwater Centre, the second 7 storey “The Rise” building by street side is also moving along.
Further south, “Murano Gardens” in South Pointe is looking pretty good too.
Also looks like there’s some roadwork going for the commercial designated land in south / prairie pointe at Kenaston and Waverly.
The mormon temple seems almost finished as well.
All together it seems the area will be looking much more dense within a year or two. .

Check this out:
https://cwstevenson.ca/wp-content/up...ater-Lands.pdf
Is it still Murano Gardens? There is signage or display center any longer.
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  #2936  
Old Posted Jul 23, 2020, 9:30 PM
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Something does not smell right. On Kothari's website there is no mention of this project. Plus, if sold out why did sit stalled with little to no development for a 6 months or more. http://kotharigroup.com/development
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  #2937  
Old Posted Jul 24, 2020, 1:51 AM
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Originally Posted by Labroco View Post
Nope..
the lot next to the st charles?
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  #2938  
Old Posted Jul 24, 2020, 4:23 AM
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Somebody mentioned in the spring about a pretty good nice development for downtown that was going to be announced in summer , was it the Portage Place redevelopment or is there something else in the works ?
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  #2939  
Old Posted Jul 24, 2020, 6:59 AM
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Originally Posted by 1ajs View Post
the lot next to the st charles?
No...

I can’t say right now still waiting on the City.

Has anyone heard what is going into to the new Ace Art space now that the organization has basically self destructed? That was a great spot for them...

So unfortunate...
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  #2940  
Old Posted Jul 24, 2020, 9:36 PM
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Originally Posted by Labroco View Post
On a positive note, a “temporary” parking lot on Notre Dame is about to be rezoned mid September for an apartment Bldg 6/8 floors. Let’s see if the City cooperates or if they really want it to stay parking... stay tuned...
Unless this is on Notre Dame outside of the downtown boundaries (west of Hargrave or so), why would the property need to be rezoned? Isn't a residential building of this height allowed pretty much everywhere downtown?
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