Fenwick Place plans getting final touches
Cranes arrive in 2012
By BILL POWER
Business Reporter
Construction cranes will appear at the Fenwick Place site in Halifax in 2012, but in the meantime lots is happening with the estimated $150-million renovation and construction project.
Joe Metlege at Templeton Properties Ltd. said recently that architects are finalizing assorted details of an entire gutting and recladding of the 34-storey building that has dominated the skyline in the city’s south end for almost four decades.
“We’re also working out details for the entire site that includes two new buildings, of eight and 10 storeys, and a dynamic commercial and retail concept that will bring a vibrant village atmosphere to the ground level and triple the existing population density of the entire property," Metlege said.
Ten per cent of residential space has been set aside for affordable housing and a ground-level public art garden and groundbreaking environmental features are part of the project.
“The entire site, when rebuilt, including about 100,000 square feet of street-level commercial and retail space and two new buildings, will consume about the same amount of energy currently used by the existing tower."
A unique challenge of the reconstruction of Fenwick Place will be the logistics of keeping as many tenants in place as possible as work begins, tentatively beginning early summer 2012.
The project was approved by the city in February.
“The current plan will see us rebuilding 10 floors at a time, beginning at the top and working our way down. We’re just beginning to work out the logistics of how this will unfold."
There are now about 274 units in the existing tower and the reconstructed building will feature about 349 units, including luxury penthouse apartments.
The existing tower will be basically stripped down to bare concrete in phases while reconstruction is underway.
Available space in the tower will be increased, in part, by extending the existing facade and available living space outward by an average of four feet.
“The reconstruction of the tower is a unique undertaking in its own right that is generating lots of industry interest across the country," Metlege said. “As far as we can determine, a rebuild of this magnitude has never before happened in Canada."
The other two buildings will be the second and third phases of the project to be built over about seven to 10 years after renovations conclude at the tower.
“It is a lengthy build-out that minimizes disruption of the neighbourhood as much as possible," said Metlege.
He estimated that during construction, the entire redevelopment of the Fenwick Place property will generate about half a billion dollars in economic spinoffs, and when completed, will add about $1 million annually in tax revenue to the municipality.
Templeton Properties purchased the former Dalhousie University residence in 2009.
The university announced last May it will build a new $33-million student residence with space for 300 people on LeMarchant Street across from Risley Hall near the arena.
That complex is supposed to be ready for occupancy in September 2013. Three of four university-owned buildings at this location are slated for demolition, while one will be relocated on campus.
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