Edmonton Construction Part 14 (October 2023)

[Hallsy's Toupee]

Originally Posted by Coldrsx

ICE District Phase 2 - delayed due to the lingering impact from COVID.

https://www.cbc.ca/news/canada/edmon...lage-1.7178334

Other projects (Stationlands, Falcon, The Parks, Warehouse Park) are moving full steam ahead while ICE District 2 and Tower 101 continue to collect dust.

[Coldrsx]

^so too does:

-Frank Oliver Park Tower (whatever version)
-Clancey
-Paramount Site
-Sedona
-Procura 109st
-Edgar 106st x 2
-Westrich 106st
-North Tower site 106st
-MacKenzie Tower
-Manulife 2 Updated Tower
-Affordable Storage Tower
-ECC redo project
-Manulife podium redo

[Coldrsx]

JC YYC ca on SRC
Statistics Canada Reports II - Page 69 - SkyscraperPage Forum

[Coldrsx]

Phipps McKinnon going mixed-use.
https://edmontonjournal.com/business...-redevelopment

[Coldrsx]

Marty Pawlina
(He/Him)
Marketing + Placemaking | Residential, Commercial, Land, Mixed-Use and Master-Planned Communities

Introducing #FalconOne, a 30 storey, 234 unit, highly amenitized condo quality rental tower in Edmonton. Located on 104 street, residents will be steps away from Downtown's best restaurants and destinations, with stunning views overlooking the river valley. Occupancy August 2024.

Langham Developments is now accepting lease applications at rentfalcon.ca

Langham Developments | Graham | Arc Studio | FirstService Residential, Alberta | Project Marketing Marty Pawlina

#rentfalcon #yegrental #yegre #downtownedmonton #yegliving
https://www.linkedin.com/in/martypaw...0wQSvEHg%3D%3D

[Coldrsx]

Edmonton House sells for $51mil.
https://edmontonjournal.com/business...for-51-million

[Black Star]

I wonder what they will do will the exterior? I like the lights on the exterior now, but I wonder if there is a more extensive elaborate plan for the exterior Besides a lighting system?

[CMD UW]

Originally Posted by Black Star

I wonder what they will do will the exterior? I like the lights on the exterior now, but I wonder if there is a more extensive elaborate plan for the exterior Besides a lighting system?

I don't think they need to do anything. I believe Maclab carried out an extensive interior renovation a few years back. So other than some minor repairs and touch-ups here and there I don't think Leston needs to do much.

[Coldrsx]

Remember the penultimate exterior concept they had planned? It was quite a change and looked really good, but I would have also missed the original look.

Curious to see what they do.

[Jaws]

What is Procura waiting for? If they still own it (Sedona Keys Developments might own it now). Dwayne’s Home is still standing 7 months after the mandated demolition date. And they’re in arrears paying the property taxes. Bad look for one of these companies.

https://edmonton.ctvnews.ca/there-ha...ding-1.6866470

[TimB09]

Originally Posted by Jaws

What is Procura waiting for? Dwayne’s Home is still standing 7 months after the mandated demolition date. And they’re in arrears paying the property taxes. Bad look for this company.

https://edmonton.ctvnews.ca/there-ha...ding-1.6866470

They've been very quiet since they finished The Louvre at Century Park. Have a feeling they are getting out of the game.

[Coldrsx]

Highlights​

Strong housing starts: Total housing starts are forecasted to remain robust, propelled by economic fundamentals and a strong demand for lower-priced multi-unit housing developments.

Resale market growth: Resale market transactions are expected to grow modestly, accompanied by an increase in the average price. Potential homeowners may face challenges due to reduced borrowing capacity and limited inventory of lower-priced units.

Edmonton rental market outlook: The rental market in Edmonton is projected to stay tight, with rental demand surpassing supply, leading to lower vacancy rates and higher average rents throughout most of the forecast period.





https://www.cmhc-schl.gc.ca/professi...mpaign=hmo-org

[stefanYEG]

Originally Posted by Coldrsx

Highlights​

Strong housing starts: Total housing starts are forecasted to remain robust, propelled by economic fundamentals and a strong demand for lower-priced multi-unit housing developments.

Resale market growth: Resale market transactions are expected to grow modestly, accompanied by an increase in the average price. Potential homeowners may face challenges due to reduced borrowing capacity and limited inventory of lower-priced units.

Edmonton rental market outlook: The rental market in Edmonton is projected to stay tight, with rental demand surpassing supply, leading to lower vacancy rates and higher average rents throughout most of the forecast period.

I hope we start to see an explosion of projects get going soon with the market the way it is. Probably a good time for some of these developers to start projects that have been shelved since COVID.

[s13]

Originally Posted by TimB09

They've been very quiet since they finished The Louvre at Century Park. Have a feeling they are getting out of the game.

Didn't they just finish Century Gardens right after the Louvre, looks like they have activity for another project at Century Park too? ^ perhaps with the vacancy rate and LRT access, it makes sense in the immediate term to leverage that site as much as possible for them, rather than nascent one-off downtown projects?

[Coldrsx]

Chris Lane
https://www.linkedin.com/in/chris-l....ntjztan84B1YPw
Our EllisDon Special Projects division are excited to begin mobilization at Sir Frederick Haultain Building in Edmonton this week. This 8 storey building on 109 St, constructed in 1959, will undergo a complete interior building renovation, exterior glass replacement and stone improvements. Once complete, this building will provide best-in-class energy efficient office-space for our Client Alberta Infrastructure . Looking forward to seeing this beautiful building being restored to new glory.

[Coldrsx]

Grandin 4 - by TAS on SRC

https://edmonton.skyrisecities.com/f...4#post-2084542

[YegFan]

The last 2 days there's been work on the corner of 123 street and 103 Ave. I recall an old sign for Averton, but is this an approved project that may be potentially getting the go ahead?

[RHINO]

Someone should do a project run down for Edmonton. Be nice to see a full list with images and what the final looks will be.

[Coldrsx]

Originally Posted by YegFan

The last 2 days there's been work on the corner of 123 street and 103 Ave. I recall an old sign for Averton, but is this an approved project that may be potentially getting the go ahead?

It is indeed approved and good to go. RA9 or something 15-20 storeys.