Winnipeg Construction

[esquire]

The hype machine is running at full speed... I wish them well, I really do, but from what we've seen there is little to get excited about at this point.

[Cyro]

^^^ I agree esquire, it's just the internal optimist in me that hopes it will all fall into place.

[armorand93]

10,002 posts... you know what that means!

[Shinook]

This time, can we format Winnipeg Construction thread to what is the norm here on SSP instead of just saying "Winnipeg Construction". I'm guessing this is like thread number 9 or 10 or more?

[headhorse]

110 James still only has 4 units sold... I think that's the same amount from April. hopefully things go a little better with the lower prices at 132 James.

[chrisallard5454]

That Proposed Subsidy could put sales on hold for a bit. If anyone who was previously interested in purchasing thinks that they could get an extra 10 000 dollars if they wait a few more months until things are either down the drain or official they will.

I personally have been looking into Condo's downtown, and this subsidy really looked favourable from my vantage point. Now hearing others opinions I can see the flaws, but at the same time, I am a student in major debt who will just be starting a career soon. I want to build some equity, and getting a mortgage will be quite difficult when I already have debt. Getting that 10 000 dollar loan seemed really attractive to me.

I say that only because of all the people talking about how the rich, and the developers are the only ones that this subsidy would serve. I am neither, and I am sure that there are others who are just below purchasing capabilities where the opportunity to purchase could be a viable option with such a civic boost.

[oftheMoon]

Originally Posted by headhorse

110 James still only has 4 units sold... I think that's the same amount from April. hopefully things go a little better with the lower prices at 132 James.

There are only so many hard loft warehouse conversions in Winnipeg, so for those looking to purchase, the options are limited despite the available units. The largest building in the Exchange proper is probably Ashdown followed by Fairchild. I could be wrong but think 132 James would be 3rd in size at 49 units.

Nothing has come up for sale in Fairchild this year, so put that aside for the moment. Half a dozen units or so have come up in Ashdown and they've all sold for over list very quickly.

Why is that compared to 110 James? 110 James is pricey (roughly $350/sq. ft.) compared to recent sales at Ashdown ($275 ish/sq. ft.) and the obvious - parking.

132 James base price is more reasonable at roughly $265/sq. ft. compared to 110 James, but there are differences in the buildings. As I understand it, 110 James was a more expensive development, but 132 has similar characteristics such as high timber ceilings and expansive brick.

Time will dictate how sales at 132 James go. Price/sq. ft. is more in line with established buildings like Ashdown, but the elephant in the neighbourhood is parking.

Build it and people will buy IMHO. Why else is Ashdown flying off the shelf, but the "new" conversions are not? Chances are I'm missing something here, but am not sure what that is.

[JamieDavid Exchange]

Originally Posted by oftheMoon

There are only so many hard loft warehouse conversions in Winnipeg, so for those looking to purchase, the options are limited despite the available units. The largest building in the Exchange proper is probably Ashdown followed by Fairchild. I could be wrong but think 132 James would be 3rd in size at 49 units.

Nothing has come up for sale . Fairchild this year, so put that aside for the moment. Half a dozen units or so have come up in Ashdown and they've all sold for over list very quickly.

Why is that compared to 110 James? 110 James is pricey (roughly $350/sq. ft.) compared to recent sales at Ashdown ($275 ish/sq. ft.) and the obvious - parking.

132 James base price is more reasonable at roughly $265/sq. ft. compared to 110 James, but there are differences in the buildings. As I understand it, 110 James was a more expensive development, but 132 has similar characteristics such as high timber ceilings and expansive brick.

Time will dictate how sales at 132 James go. Price/sq. ft. is more in line with established buildings like Ashdown, but the elephant in the neighbourhood is parking.

Build it and people will buy IMHO. Why else is Ashdown flying off the shelf, but the "new" conversions are not? Chances are I'm missing something here, but am not sure what that is.

You are absolutely right. Sales in my building are sold in 20 days or less. I strongly believe its because of available parking for most residents here. Yes, not all suites have available parking. There is 100 units here and only 49 underground spots. Theres about 40 spots in a parkade across the street. So, the faster they break ground on the James St parkade the better for their sales.

[armorand93]

Originally Posted by Shinook

This time, can we format Winnipeg Construction thread to what is the norm here on SSP instead of just saying "Winnipeg Construction". I'm guessing this is like thread number 9 or 10 or more?

I definitely vote in favor. A little change is nice

10,008 and counting!

[Shinook]

Originally Posted by JamieDavid Exchange

You are absolutely right. Sales in my building are sold in 20 days or less. I strongly believe its because of available parking for most residents here. Yes, not all suites have available parking. There is 100 units here and only 49 underground spots. Theres about 40 spots in a parkade across the street. So, the faster they break ground on the James St parkade the better for their sales.

It's the parking, no doubt. This is a good conversation, but may I ask that we bring it over to the Exchange thread, since it's relevant to this area of town?

[GORDBO]

Originally Posted by Shinook

This time, can we format Winnipeg Construction thread to what is the norm here on SSP instead of just saying "Winnipeg Construction". I'm guessing this is like thread number 9 or 10 or more?

I agree with that.I think were on #9 now.

[rrskylar]

I've done a 180 on this but we need is :

SSP: Local Winnipeg

Getting tired of reading all the pie in the sky Saskatchewan threads where nothing ever materializes, ie: New Grain Elevator in Climax to be Provinces Tallest Structure.

[Cyro]

As a relatively new poster,7 months I'll only make one post on this as it is the construction thread and would discuss it in ie: Expresso, etc.

I agree with 90% of posts on this page. ^^^^^. The few questions I've posted to find out about making any change(s) have all ended in "no, it aint gonna happen", not in those terms but generally the jist of the answer I recieved.

So I guess it's up to the long time posters and experts to decide if they would like to make "any" change to this particular forum. I hope so, but from what I've seen nothing is going to change.

[Shinook]

Originally Posted by Cyrodill

The few questions I've posted to find out about making any change(s) have all ended in "no, it aint gonna happen" nothing is going to change.

It's called "Dictatorship lead by the Old Boys Club", and that is apparently how things are run here in the Winnipeg thread, much like at City Hall. If you are not part of the club, then your opinion does not matter.

[Jeff]

i'm all for Winnipeg local! I think we never wanted it split in the past because there wasn't as much development as there is now ever. Winnipeg threads dominate this section completely now more or less. we should get some sask. forumers' opinions as well

[rypinion]

Originally Posted by Shinook

It's called "Dictatorship lead by the Old Boys Club", and that is apparently how things are run here in the Winnipeg thread, much like at City Hall. If you are not part of the club, then your opinion does not matter.

Where does this come from? Aside from 1ajs being a moderator there's no one in the Winnipeg forums that's 'above' anyone else (unless I've just been oblivious to it for the time I've been here). Skyscraperpage.com sets the rules, no one here.

[headhorse]

I have come around on an SSP: Winnipeg local as well. I think it might encourage a bit more forum activity, even.

[Shinook]

Originally Posted by rypinion

Where does this come from?

It comes from the fact that the thread containing the last vote on whether Winnipeg should have it's own subsection, there was a clear numerical indication that people wanted that change, yet a certain moderator and a few vocal long-time posters basically told all us newer posters to be quiet and accept that there won't be any change because it might upset a few people, despite the fact that more people wanted change. Then abruptly the thread was locked.

That is where it comes from.

[armorand93]

19 past new thread...

going downtown this afternoon, lets see whats going on!

[Cyro]

Originally Posted by Shinook

It comes from the fact that the thread containing the last vote on whether Winnipeg should have it's own subsection, there was a clear numerical indication that people wanted that change, yet a certain moderator and a few vocal long-time posters basically told all us newer posters to be quiet and accept that there won't be any change because it might upset a few people, despite the fact that more people wanted change. Then abruptly the thread was locked.

That is where it comes from.

>>>>>>>> http://forum.skyscraperpage.com/showthread.php?t=204407