Edmonton Construction 11 (November 2011) - Page 118

Black Star · #**2341** Posted **Apr 1, 2012, 6:10 PM**

Yeah I guess that would be a good litmus test for Edmonton to see central properties moving for close to asking price and above.

CMD UW · #**2342** Posted **Apr 1, 2012, 6:37 PM**

Quote:

Originally Posted by tallisgood

That's great to hear, now let's hope he gets enough of a budget to actually do something sublime.

'Good' architects and designers know how to deliver a good product with thin budgets. It's about knowing where to cut without compromising aesthetics that much. I am actually quite excited about this project. Congrats to Manasc!

CMD UW · #**2343** Posted **Apr 1, 2012, 6:44 PM**

Quote:

Originally Posted by 240glt

^ exactly

I only follow transactions in my area, but the assumption would be that what's going on in my area is reflective of the city, for the most part. And as these properties are in a typically lower valued part of central Edmonton it's a good sign that people are interested in investing in central areas of Edmonton. Properties being sold for asking value or above means multiple offers and perhaps bidding wars for properties, which would indicate that the local real estate market is getting hot.

Actually these neighbourhoods are attracting a number of young professional couples or families. From a location perspective they are comparable to other 'established' neighbourhoods such as Strathcona, Crestwood, Grosvenor, etc but at a much lower price. This allows them to carry out extensive renovations and/or a total re-build. IMO these two neighbourhoods are going to see a greater price lift over the coming years.

Coldrsx · #**2344** Posted **Apr 2, 2012, 4:00 AM**

Quote:

Originally Posted by 240glt

A convenience store might be good, maybe on the NW corner of the project... from our place on 104th st it's a real pain to hike up the stairs at 11pm to the Macs' for milk or a deck of smokes....

Rossdale place has a convenience store, not 24hrs but plenty good.

Coldrsx · #**2345** Posted **Apr 2, 2012, 4:02 AM**

Quote:

Originally Posted by tallisgood

In other news MacEwan has named Bing Thom Architects and Manasc Isaac Architects to design their new Fine Arts building on 104th Ave. Don't know much about either.

Cannot to wait to see this progress

Coldrsx · #**2346** Posted **Apr 2, 2012, 4:35 AM**

Just back from JPL and marmot. 25cm fri night, 10 last night = most ridiculous skiing there ever. GET UP THERE.

rapid_business · #**2347** Posted **Apr 2, 2012, 3:58 PM**

Did we miss this article about John Day proposing a 28-storey office/hotel for the Kelly-Ramsey block?

bulliver · #**2348** Posted **Apr 2, 2012, 4:02 PM**

^ Wut? I thought the plan was to add 2-3 floors to the KR.

Coldrsx · #**2349** Posted **Apr 2, 2012, 4:09 PM**

Quote:

Originally Posted by bulliver

^ Wut? I thought the plan was to add 2-3 floors to the KR.

Many moons ago. There has been mention of a hotel/office/condo/podium of 24+ floors for a few months now.

He has acquired the entire block south of the BOM and is planning a comprehensive redevelopment.

This may be THE redevelopment of the decade.

240glt · #**2350** Posted **Apr 2, 2012, 4:13 PM**

Quote:

Originally Posted by CMD UW

Actually these neighbourhoods are attracting a number of young professional couples or families. From a location perspective they are comparable to other 'established' neighbourhoods such as Strathcona, Crestwood, Grosvenor, etc but at a much lower price. This allows them to carry out extensive renovations and/or a total re-build. IMO these two neighbourhoods are going to see a greater price lift over the coming years.

there are indeed a lot of young professionals and families moving in, for exactly the reasons you noted. The demographics of the neighborhood are changing rapidly as the area becomes a viable alternative to other more expensive areas

240glt · #**2351** Posted **Apr 2, 2012, 4:18 PM**

sounds like Staples lot has been sold. I wonder who could have bought it ?

SHOFEAR · #**2352** Posted **Apr 2, 2012, 4:20 PM**

The grocery store in the Icon II was opened Friday. They had hardly anything in stock and was mostly to meet the staff. Thankfully this thing is almost done.

Coldrsx · #**2353** Posted **Apr 2, 2012, 4:27 PM**

^good to hear... more fresh options.

^^ I think I could guess.

Airboy · #**2354** Posted **Apr 2, 2012, 5:41 PM**

After my 2 days in EPCOR last week I can now say I have officially done work in Every High-rise office in Edmonton.

bulliver · #**2355** Posted **Apr 2, 2012, 5:52 PM**

BoM Demo:

Boyle Renaissance:

etown · #**2356** Posted **Apr 2, 2012, 6:33 PM**

I had supper at Noodle Noodle on the weekend and staff told me that the twin tower seniors complex is going ahead on the restaurant site with demolition starting in May.

I don't know how reliable that info is but the Singapore noodles were good.

Coldrsx · #**2357** Posted **Apr 2, 2012, 6:39 PM**

^good to hear. That area needs some more injection of people and life.

Boyle looking good.

Airboy - nice

Airboy · #**2358** Posted **Apr 2, 2012, 6:44 PM**

Quote:

Originally Posted by Coldrsx

^good to hear. That area needs some more injection of people and life.

Boyle looking good.

Airboy - nice

When your as old as me, you get around. My father on the other hand looks downtown and says the buildings he helped design are being torn down now.

Kevin_foster · #**2359** Posted **Apr 2, 2012, 7:27 PM**

Seeing the BOM being torn down makes me want to throw up a little. Fairwell sweet prince

240glt · #**2360** Posted **Apr 2, 2012, 7:28 PM**

^^ My repertoire of central facilities I have done work in:

Manulife
Commerce
ING
Bell
Oxford
TD tower
City Centre Place
Telus Plaza North & South
Milner Building
Atco
Sterling Place
108 Street Building
Univeristy of Lethbridge building
Old Meloche Monnex (now CWB)
City Hall
Princeton Place
Telus Toll
Telus Main Wire
Canada Place

I think that's most of them