Edmonton Construction 5 - Page 81

IKAN104 · #**1601** Posted **Dec 20, 2006, 2:21 AM**

Quote:

Originally Posted by murman

Edmonton, this is nothing short of a F*CKING embarrassment.

I've seen nicer Super 8's. You really don't care about your city, do you?

Where's your vaunted design review committee? Too busy on a junket to Vegreville to study their take on 21st century architecture?

Will you PLEASE stop doing this to your city???????

Amen! I can't believe these developers. Do they honestly think anything better won't sell here? Or do they actually think this looks good?

IKAN104 · #**1602** Posted **Dec 20, 2006, 2:37 AM**

Quote:

Originally Posted by Coldrsx

FYI .....

Thank you for expressing interest in The Planning Academy or taking at least one of our courses.
As someone on our contact list, we’re pleased to inform you we have set the dates for our spring offerings of the three core courses, transportation planning elective and our brand new urban design planning elective. We invite you to register in sessions of interest at www.edmonton.ca/planningacademy. To find the spring course schedule click on Course Descriptions under Additional Information and then at the bottom of that page select Course Dates and Times.

If you have any questions regarding The Planning Academy registration process or for more information about The Planning Academy, call (780) 496-6242, or e-mail [email protected]. Space is limited so be sure to register early. We look forward to seeing you at one of our courses.

Please note: If you registered for a course on-line before, you need to register as an existing customer. If you haven’t registered on-line with us before (even if you took a course) you’ll register as a new customer.

A cost effective parking option is the parkade under City Hall; it costs $0.25 per hour in the evenings and on weekends.

We should all take these planning academy courses. Educate ourselves a bit so we can ramble on slightly more intelligently. (o.k. I'm mostly talking about myself)

Jasper and one o nin · #**1603** Posted **Dec 20, 2006, 2:42 AM**

Quote:

Originally Posted by Auditor

Like any other business venture there is always a risk involved. To say the risk in Edmonton is abnormally high is BS. Labour costs must be more expensive in Calgary- would make sense.

Honestly if I had the capital I would be all over an upscale development in downtown Edmonton.

then what is it Auditor. you think the developers in this City are too dumb to know better.? I dont think so. This City buys crap, so developers build crap.

If you had the capital to build something "upscale" you would lose your shirt.
Frankly, developers dont use their own capital when they develop a building. they sell half first, use 25% of their own dough and leverage the rest.

IKAN104 · #**1604** Posted **Dec 20, 2006, 2:48 AM**

Quote:

Originally Posted by Auditor

Out of curiosity, how many people that post here live in/around Downtown Edmonton?

Castlebrook for me (which is further north than Castle Downs for those who don't know)

though if I had no wife and kids I would definitely be downtown.

Jasper and one o nin · #**1605** Posted **Dec 20, 2006, 3:02 AM**

it takes much longer to build aconcrete bldg vs. stick.. cost costs inflate what? 3% a month.. a high rise condo can take 24-36 months to build. its very difficult to forecast costs. and how many people will pay that extra price? developers are not stupid. if people are buying stick built for inflated prices, then why would they not build?

(i live one mile from downtown)

IKAN104 · #**1606** Posted **Dec 20, 2006, 3:35 AM**

Quote:

Originally Posted by Coldrsx

some awesome new robbins pics:

That is hot! Looks a lot better than I thought it would.

Quote:

Originally Posted by Coldrsx

some awesome new robbins pics:

Unfortunately this pedway to the main campus will not be built. Well, I guess it's not really necessary seeing as there is already a pedway from the parkade to the main building.

rapid_business · #**1607** Posted **Dec 20, 2006, 3:36 AM**

Quote:

Originally Posted by Jasper and one o nin

it takes much longer to build aconcrete bldg vs. stick.. cost costs inflate what? 3% a month.. a high rise condo can take 24-36 months to build. its very difficult to forecast costs. and how many people will pay that extra price? developers are not stupid. if people are buying stick built for inflated prices, then why would they not build?

(i live one mile from downtown)

at Jasper and 109, or is that something else?

Jasper and one o nin · #**1608** Posted **Dec 20, 2006, 3:54 AM**

nope...

WhipperSnapper · #**1609** Posted **Dec 20, 2006, 3:59 AM**

Quote:

Look at what cove does in Calgary compared to the shit they build in their home city.....developers just plain and simple aren't interested in our city.

I'd be mighty pissed to have Sasso/Vetro sticking their ugly asses high into my skyline

rapid_business · #**1610** Posted **Dec 20, 2006, 3:59 AM**

better then TNP.

Auditor · #**1611** Posted **Dec 20, 2006, 4:05 AM**

Quote:

Originally Posted by Jasper and one o nin

then what is it Auditor. you think the developers in this City are too dumb to know better.? I dont think so. This City buys crap, so developers build crap.

If you had the capital to build something "upscale" you would lose your shirt.
Frankly, developers dont use their own capital when they develop a building. they sell half first, use 25% of their own dough and leverage the rest.

Too lazy not enough confidence in the Edmonton market? You make it sound like its impossible to build nice condos in Edmonton- Look at Icon, Illuminada and Century Park projects all are upscale for Edmonton and all will take 2-3 years to complete.

So now why would these developers keep developing if they are losing $$$. Buyers here buy crap because they don't have much else to choose from,

I am aware people leverage but you still need capital to purchase the land and acquire the financing.

Even some wood buildings are giving 2 year completion periods now.

r.age · #**1612** Posted **Dec 20, 2006, 1:56 PM**

Hi Guys,

New poster here…. I started following the Calgary board and then Edmonton board here 16 months ago after an investment in Calgary’s beltline district. I am certainly no expert and I have no formal training, just the love of vibrant inner cities and urban design. I believe in Edmonton we have come a long way over the last 6 yrs. I remember when I bought my first place at 5th st Lofts in ’98… nobody wanted to live downtown… I loved it back then and I love it now ( I live in Skunk Hollow now). I think a large part of Edmonton’s uninspiring multi unit developments have happened because we have a large proportion of uninspiring single residential architecture. Again, in the past 5 years you are starting to see a shift in that trend. I think the changing taste of this city to support projects like Icon, and Century Park are the result of people slowly starting to see and like more contemporary residential architecture. I for one hope this trend continues. I love the vibe of Yaletown type areas in Vancouver. I would have loved to see a development of the shipping yard just north of GMCC in that vein. We see much more high quality development in that city and in Vancouver because these cities support this type of design by selling of the homes and units built. Do you think 6 yrs ago if Century Park was proposed with its design philosophy it would have sold so quickly even at adjusted prices . I for one don’t. Edmonton’s tastes have changed and I love it. We are slowly demanding better design.

murman · #**1613** Posted **Dec 20, 2006, 3:21 PM**

Quote:

Originally Posted by r.age

Edmonton’s tastes have changed and I love it. We are slowly demanding better design.

I've seen faster-moving glaciers.

feepa · #**1614** Posted **Dec 20, 2006, 3:24 PM**

Quote:

Originally Posted by IKAN104

Don't believe everything you hear.

I'm pretty sure there's no McD's on the 19th floor of Scotia Tower 2.

Which one is 2? west/east?

HomeInMyShoes · #**1615** Posted **Dec 20, 2006, 3:42 PM**

Scotia 2 is the shorter one located on the NW corner of the block as opposed to SE.

Coldrsx · #**1616** Posted **Dec 20, 2006, 6:25 PM**

" I would have loved to see a development of the shipping yard just north of GMCC in that vein."

north edge redevelopment will be just that...

Kevin_foster · #**1617** Posted **Dec 20, 2006, 6:29 PM**

Man things are getting exciting now.....

So, everyone ready for xmas?

Jasper and one o nin · #**1618** Posted **Dec 20, 2006, 6:55 PM**

Quote:

Originally Posted by Auditor

Look at Icon, Illuminada and Century Park projects all are upscale for Edmonton and all will take 2-3 years to complete.
.

I agree, but I thought we were saying why there are not more Icons, Illuminadas and Century Parks, and why there are so many stick built.

my answer is, people are paying top dollar for crap - so developers are building crap.
Also, when icon and illuminada was proposed, the cost to build was much cheaper. The more construction costs inflate, the less higher end buildings IMO. Viva City one was nearly scrapped because of rising costs (and still could be) Omega 2 has been scapped for that very reason. I would guess that corner one, and founders ridge will not happen either. At least not until construction inflation comes down to realistic levels.
I predict construction inflation will level off.

Coldrsx · #**1619** Posted **Dec 20, 2006, 7:21 PM**

"The more construction costs inflate, the less higher end buildings IMO. Viva City one was nearly scrapped because of rising costs (and still could be) Omega 2 has been scapped for that very reason. I would guess that corner one, and founders ridge will not happen either. At least not until construction inflation comes down to realistic levels.
I predict construction inflation will level off.
-------------------------------------

Vivacity was a mess...it wasnt construction pricing to begin with....

Omega 2 - wrong

Founders is going ahead...corner 1 in a few years

Jasper 109.....i dont think you know what you are talking about...

Coldrsx · #**1620** Posted **Dec 20, 2006, 7:31 PM**

im lazy so ill ask...

can someone begin to make a list of "U/C", "proposed", and "rumour" that is all pretty with names, floors, location etc.