Edmonton Construction 11 (November 2011)

[240glt]

Originally Posted by Airboy

Interesting, Stantec's lease is up about that time.

that IS interesting

[240glt]

Originally Posted by SHOFEAR

I know it's one of those first hand stories that may or may not show a trend....but My Gf's uncle just bought a place downtown, her other uncle is currently looking and her parents are now looking as well...All approaching their 60's and all looking at selling their houses in the city for something easier to maintain as they all have vacation properties out of town and last of their kids are preparing to move out. I really do believe that we have reached the tipping point where people like this who have spent all their adult lives in affleuent suburban neighbourhoods see the benefits of such a lifestyle. I wouldn't be surprised if we start to see the kind of massive change calgary went through 2006-2008.

I've always looked at the cycles and how things (trends, styles, music, real estate) flow through the different cities.... seems like there's always a lag between what happens in Vancouver and what happens in Calgary, and a similar (but maybe somewhat elongated) lag between what happens in Calgary and what happens in Edmonton. If things flow the way they typcially do.... I think you might be on the money with that prediction, as 2012-2014 would be right around the typical lag (+/- 6-8 years)

[Hallsy's Toupee]

Originally Posted by Airboy

Interesting, Stantec's lease is up about that time.

Which locations? They have the main HQ on 112 St north of Jasper Ave, and the red building attached to Bell.

[sdimedru]

Originally Posted by Hallsy's Toupee

Which locations? They have the main HQ on 112 St north of Jasper Ave, and the red building attached to Bell.

And the Devonian on 111st

[craner]

Wow - I really hope this means liftoff for Manu 2.
Crossing fingers.

[CMD UW]

Originally Posted by 240glt

^ It'll be curious to see what the market will bear... I, like others, do believe that there's been a lack of new product in central areas in this city for some time, now with Pearl, Corner 1, Ultima, Fox 1, and perhaps one or two more happening very soon it appears that the market is finally reacting, as we really didn't even see this type of activity or quality of product in the last boom cycle.

I found out the other day that one of our contractors pre-purchased three units in Ultima as investment properties. I am curious to see what the ratio is of owner occupants vs. inverstors are buying in.

I think that there are a number of investors who bought into Ultima. This is a similar trend we've seen in Toronto, Vancouver and to a lesser degree Calgary with these types of buildings...I also think that this trend will continue.

[Airboy]

Originally Posted by sdimedru

And the Devonian on 111st

They are in a number of buildings. Plus with over 1000 staff locally they could fill a few floors.

[SHOFEAR]

This lot is owned by Blue Cross, correct?

[240glt]

114471388-003
21-Sep-2012
BELVEDERE
6507 - 129 AVENUE NW
Plan 1221876 Blk 2 Lot 40
To construct a 12 unit apartment
building - Highstreet Belvedere
Apartments.
HIGHSTREET BELVEDERE
DEVELOPMENTS LTD.
Value: $1,492,000

120542105-002
21-Sep-2012
DOWNTOWN
10700 - 104 AVENUE NW
Plan 1025859 Blk 20 Lot 100
To enclose an existing outdoor
patio to expand an Accessory
Indoor Participant Recreation
Service (fitness area) for a Public
Education Service building (Grant
MacEwan).
CHANDOS CONSTRUCTION (DARRYL) Value: $4,800,000

126730291-001
25-Sep-2012
UNIVERSITY OF ALBERTA FARM
6903 - 116 STREET NW
Plan 4663AK Blk X
To construct interior and exterior
alterations (addition) to an
existing medical examiner building,
"Edmonton - Medical Examiner
Building".
DELNOR CONSTRUCTION LTD, (ROB) Value: $12,020,000

Anyone know what this is for ?

129544185-001
25-Sep-2012
DOWNTOWN
10640 - 100 AVENUE NW
Plan 0724911 Blk 6 Lot 52A
To construct Covered Hoarding -
115 feet long parallel 107 Street.
FORZA CONSTRUCTION LTD., LUCA Value: $7,500

118027037-007
25-Sep-2012
5151 - WINDERMERE
BOULEVARD SW
Plan 0822568 Blk 8 Lot 1
To consturct a footing and
foundation for an apartment
building with 237 dwelling units
and a two story parkade.
WESTRICH PACIFIC CORP Value: $0

[s211]

Originally Posted by SHOFEAR

This lot is owned by Blue Cross, correct?

Is that a gravel lot? Downtown?

[ExcaliburKid]

It's not the only one. Why so surprised?

[Coldrsx]

SHO - yes, that is owned by Blue Cross.

[Coldrsx]

Peter Kageyama talk last night in the 'Start Up' Edmonton space was well attended and quite informative. He spoke about being engaged and attached to where you live, regardless if that is downtown or in the burbs.

[s4.audios]

Ultima is taking out one ugly and bumpy gravel lot. Can't remember is fox lot is gravel or not but very important to develop nonetheless. Slowly but surely! Edmonton's gravel lots will be a thing of the past.

[240glt]

He spoke about being engaged and attached to where you live, regardless if that is downtown or in the burbs

I think most people already realize that

[Coldrsx]

Originally Posted by 240glt

I think most people already realize that

Apparently not... there was a study of 40,000 Americans and only 29% said they were 'engaged or involved' with their city.

[Albicaulis]

Originally Posted by s4.audios

Ultima is taking out one ugly and bumpy gravel lot. Can't remember is fox lot is gravel or not but very important to develop nonetheless. Slowly but surely! Edmonton's gravel lots will be a thing of the past.

Fox will be taking out a gravel lot (along with the unfortunate "decorative" fencing). Hopefully the similar fencing at Jasper and 102 is next.

[kcantor]

Originally Posted by Albicaulis

Fox will be taking out a gravel lot (along with the unfortunate "decorative" fencing). Hopefully the similar fencing at Jasper and 102 is next.

do you mean this "decorative fencing":

http://www.theworks.ab.ca/placesfolder/tour/pages/009.html

from the above link:



"Artwork Description: Drawing on the awesome inspiration of the Northern Lights, this sculpture represents the endless human capacity to innovate. It is a quality embodied in Syncrude’s Aurora Mine, the catalyst for "Aurora’s Dance". As well, it depicts our potential to conceive, design and apply advanced technologies in many fields of human endeavor."

syncrude was the piece's "sponsoring partner".

the rest of the "piece" is on 102 street south of jasper.

i would happily arrange for another home for either/both if they need it and throw in some of the TLC they currently need.

[Daveography]

^ Another case of art and context not jiving. Just because the context is wrong doesn't invalidate the artwork itself. (Same goes for the "pipes" at Jasper & 109)

I'd love to see these mounted to the alley-facing sides of buildings, perhaps in the Alley of Light just north of Jasper.

[240glt]

Originally Posted by Coldrsx

Apparently not... there was a study of 40,000 Americans and only 29% said they were 'engaged or involved' with their city.

Canadians and Americans are different in many regards


It's pretty clear that many, many people in our city are engaged in their communities.