Posted Apr 10, 2020, 7:05 PM
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Registered User
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Join Date: Jul 2017
Location: SW Ontario
Posts: 946
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Glad to see that Alldritt Tower is still alive and still very much gigantic. I think this new massing design is much better and will age better. It sort of reminds me of Hudson Tower, which is currently under construction in Detroit.
Just parroting points from SkyriseEdmonton, the tower has 250 hotel units and less than 700 residential units. It's unclear what the breakdown will be, but considering that SKY Residences (the condos on top of Stantec Tower) sold poorly, I wouldn't be surprised to see rentals in the mix for this one.
It's hard to tell if this will make it through given the current circumstances, between the one-two punch of oilpatch economics and COVID. The project is already technically approved and the zoning just needs to be revised for the new design. My guess is that the project will be alright if both the recession and COVID don't extend into next year.
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