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  #601  
Old Posted Aug 19, 2009, 1:31 AM
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Originally Posted by alps View Post
There was a bit in the paper today about Westwood (Gladstone Ridge) acquiring the CNIB building on Almon.
I imagine that has to do with their plans for the houses/vacant lots next door.
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  #602  
Old Posted Aug 19, 2009, 3:08 AM
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I received an invitation through Fusion for a lunch and learn session regarding a new residential development on South Bland street by Southwest Properties and Breakhouse Design. (ps they have a really cool website!)
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  #603  
Old Posted Aug 19, 2009, 2:53 PM
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From today's Herald.
Doesn't say much except that nothing is happening lol. I did find it odd how Kelly "hoped" all those approved projects would move forward. Seems odd he would have a genuine opinion.

City’s big projects still plodding to possibility

By MICHAEL LIGHTSTONE City Hall Reporter
Wed. Aug 19 - 4:46 AM
They’re proposed projects Halifax city hall has researched and debated for years. In a couple of cases, they have even been endorsed.

But whether the planned Bedford fast-ferry project, a new central library in Halifax, a proposed convention centre for the downtown core and controversial twin towers destined for the old Tex-Park site ever see the light of day remains to be seen.

The high-speed commuter ferry has been talked about off and on since a successful trial run in Halifax Harbour in 2005. Under the plan, a Bedford ferry terminal would be built for Metro Transit and vessels would make trips to downtown Halifax and back.

Supporters feel the $20-million fast-ferry scheme could help take commuters’ cars off the roads and would tap an underutilized harbour. Opponents say the city still doesn’t have a business plan for the project and needs time to review the system’s pros and cons.

The proposed project is to be included in next year’s municipal budget, city hall staffer Dave McCusker said Tuesday. He said if it’s approved by Halifax regional council, high-speed ferries should be running by the end of 2012.

Asked about a business plan, Mr. McCusker said much of that has been prepared. He said staff hope to approach council by the end of the year to see how willing the politicians are to include the project in the next budget.

"The intention is we’d go to council before they see a budget, just to get their indication of whether they’d have an interest in seeing that in the (2010-11) budget or not," said Mr. McCusker, a transportation planning manager with HRM.

The fast-ferry project, if approved by regional council, would include two new vessels, a ferry terminal in Bedford and parking spaces for commuters.

Metro’s proposed new library, for Halifax’s Spring Garden Road and Queen Street area, is another large project where progress appears glacially slow. It’s still on the books, but contingent on funding.

It’s been discussed at Halifax city hall for about 12 years and the planned site for the building is now a parking lot. The project’s price tag has climbed over the years — it’s now about $55 million — and that has attracted some controversy.

In April, council endorsed the proposed central library as a priority infrastructure project for the municipality. The city has submitted a list of its top infrastructure spending priorities to the provincial and federal governments. A planned convention centre complex for downtown Halifax was announced by the provincial and municipal governments earlier this year. Though a preliminary, non-binding agreement was signed between city hall and the former Conservative government, Mayor Peter Kelly is optimistic the New Democrats will honour that pact.

A cost estimate and business plan need to be done before a hole in the ground is dug prior to construction, the mayor told The Chronicle Herald. He said municipal and provincial officials have met to discuss the proposed $300-million complex, which could be built by 2013.

One of the most contentious developments to be approved by regional council in recent years is a set of 27-storey towers planned for the former Tex-Park site. Plans call for a hotel, condos and commercial space. Council approved the $150-million project in 2006, but the Granville Street property remains vacant.

Mr. Kelly said it is not the only major project that’s been approved for downtown that has not progressed. He said all these developments are market-driven, but hopes they can be built in the near future.

( [email protected])
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  #604  
Old Posted Aug 19, 2009, 5:22 PM
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The reality is that the time for approving the private-sector projects was back when they were proposed, when there was market demand. Instead, the city did not have its act together and missed out.

Similarly, the time to be building public projects like the library is right now while construction projects have slowed down and materials and labour are cheaper. Because there is little leadership and organization, Halifax will probably miss out on this too.
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  #605  
Old Posted Aug 19, 2009, 11:38 PM
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Not earth shaking news, but workers were installing the Bell Aliant sign on the top of Maritime centre today.
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  #606  
Old Posted Aug 20, 2009, 3:02 AM
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I thought I saw them doing work up there.
I have noticed that they have started cleaning the Centennial Building as well.
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  #607  
Old Posted Aug 20, 2009, 11:58 PM
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Originally Posted by Jonovision View Post
I thought I saw them doing work up there.
I have noticed that they have started cleaning the Centennial Building as well.
Yeah they sprayed me the other day when I was on my lunch break (the "water" was being blown down Hollis in the wind).
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  #608  
Old Posted Aug 26, 2009, 3:05 AM
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I was walking to work today and saw they put up a new panel beside the recently paved path behind Lock 4 in Dartmouth. It says that the future of the site is to recreate some of the old canal and to remove the Pine Street extention and also to build a replica of a piece of the track and train and barge that used to be on that site to pull the boats up into the canal.

Here is the link from their site but I'm having trouble loading the pdf so I'm not sure if it fully explains it or not.
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  #609  
Old Posted Aug 26, 2009, 8:49 PM
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Remove the Pine street extension? Good. I've never much cared for that bizarre convergence of one-way and two-way streets they call an intersection.
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  #610  
Old Posted Aug 27, 2009, 2:46 PM
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Good news about closing off pine street extension
Jon, you mention a link, to HRM site, or another? JET
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  #611  
Old Posted Aug 27, 2009, 3:04 PM
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  #612  
Old Posted Aug 27, 2009, 8:30 PM
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Some photos from last week (all by me);

BMO:


Young Ave Townhouses:



Harbourview:

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  #613  
Old Posted Aug 28, 2009, 12:17 AM
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From the CBC.ca/ns website,

No construction boom for downtown Halifax: real estate study

Downtown Halifax will likely not see many new office buildings over the next five to seven years, according to a recent real estate study.

The report, released Wednesday by real estate consultants Turner Drake & Partners Ltd., said the prospect of a construction boom in the downtown area "may not be so rosy."

"The effects of the 1990 recession were felt in the city for at least seven years," said Alexandra Baird Allen, who works for the company's economic intelligence division.

"We've had a short but deep recession here, and the effects, we anticipate that they'll be felt in Halifax for a long time to come," she said.

The consultants gathered information on operating expenses, rentals and vacancies from owners and property managers of 132 buildings in the urban areas of the Halifax Regional Municipality.

Baird Allen said the good news for the downtown area is the decreasing vacancy rate, which has gone from 7.2 per cent to 2.8 per cent in the last few years.

She said that indicates companies are looking for high-end office space, but the average rental price of $18.57 per square foot is too low for most developers to consider constructing that type of building.

"It's been quite widely reported that in order to make construction economically feasible, developers are going to need $25 to $30 a square foot rental rate," said Baird Allen. "We're a long shot from that."

The market survey is conducted twice a year for Public Works and Government Services Canada.

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  #614  
Old Posted Aug 28, 2009, 12:26 AM
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Those Young Avenue townhouses look really nice. Any idea of price (I dare to ask)?

Where is this Harbourview development and its $700K McMansions?
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  #615  
Old Posted Aug 28, 2009, 2:08 AM
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Originally Posted by Keith P. View Post
Those Young Avenue townhouses look really nice. Any idea of price (I dare to ask)?

Where is this Harbourview development and its $700K McMansions?
For some reason there is a 'For Sale' sign on one of the properties but its not listed on the MLS.

As for Harbourview they're on Harbourview Dr right next to Tower Road (all the backyards are the rail-cut).
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  #616  
Old Posted Aug 28, 2009, 3:14 PM
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Quote:
Originally Posted by Jstaleness View Post
From the CBC.ca/ns website,

No construction boom for downtown Halifax: real estate study

Downtown Halifax will likely not see many new office buildings over the next five to seven years, according to a recent real estate study.

The report, released Wednesday by real estate consultants Turner Drake & Partners Ltd., said the prospect of a construction boom in the downtown area "may not be so rosy."

"The effects of the 1990 recession were felt in the city for at least seven years," said Alexandra Baird Allen, who works for the company's economic intelligence division.

"We've had a short but deep recession here, and the effects, we anticipate that they'll be felt in Halifax for a long time to come," she said.

The consultants gathered information on operating expenses, rentals and vacancies from owners and property managers of 132 buildings in the urban areas of the Halifax Regional Municipality.

Baird Allen said the good news for the downtown area is the decreasing vacancy rate, which has gone from 7.2 per cent to 2.8 per cent in the last few years.

She said that indicates companies are looking for high-end office space, but the average rental price of $18.57 per square foot is too low for most developers to consider constructing that type of building.

"It's been quite widely reported that in order to make construction economically feasible, developers are going to need $25 to $30 a square foot rental rate," said Baird Allen. "We're a long shot from that."

The market survey is conducted twice a year for Public Works and Government Services Canada.

The report is so wrong its not even funny. There is a simple economics model ie supply and demand. Supply now is historically low, and demand is again starting to pick up. Therefore if someone wants space they are going to pay the rates for the new buildings, which the rates quoted are very subjective and misleading as there are other costs that tenants pay that would be significant lower then the existing buildings (ie offset the price of new).
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  #617  
Old Posted Aug 28, 2009, 5:41 PM
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Quote:
Originally Posted by sdm View Post
The report is so wrong its not even funny. There is a simple economics model ie supply and demand. Supply now is historically low, and demand is again starting to pick up. Therefore if someone wants space they are going to pay the rates for the new buildings, which the rates quoted are very subjective and misleading as there are other costs that tenants pay that would be significant lower then the existing buildings (ie offset the price of new).

I have always found Turner Drake & Partners Ltd. to be very negative on Halifax. I find their reports to be annoying and not quite right.
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  #618  
Old Posted Aug 28, 2009, 7:13 PM
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Well, one of the simple differences is that when you build a nice new building you don't have to charge the average price for it.

Another point in that article that is obviously misleading is the mention of the 1990 recession. The city's economic situation today isn't at all the same as it was back then.
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  #619  
Old Posted Aug 28, 2009, 8:27 PM
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Site work has started for the parking garage at the Bayers Road Shopping Center. It will be built by Strescon, all precast and similar in size to the one at the hospital.
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  #620  
Old Posted Aug 29, 2009, 12:55 AM
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Are they planning to add more office buildings in the future? The place has been pretty dead for a while, at least when it comes to retail..
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