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  #101  
Old Posted Apr 5, 2013, 11:34 AM
rakerman rakerman is offline
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IMG_4895 by rakerman, on Flickr
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  #102  
Old Posted Apr 5, 2013, 11:40 AM
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Assuming their "from $198,900" price is for their 408sqft A' studio

$487.50/sqft
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  #103  
Old Posted May 28, 2013, 2:17 AM
brentgaulois brentgaulois is offline
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I went to visit them today, and I would say they have great presentation (though I wasn't served by a salespersons). The book they give is very high quality, with sort of a rubbery cover and colourful, thick, glossy pages. They also had a model and a model suite.

For someone of my age (a young, urban "professional") or even if you're single or a couple, it's a decent space. Some units are not very big (around 400 sqft), which is a bit disappointing considering their price, but it is all about location. It's right by transit, in the middle of downtown, near Bank street, which may be getting a facelift with the BIA looking to get new retailers, and if you work downtown you live near your work. Despite the price per unit size, they're still affordable (mostly between 200-450k, with several 2-storey penthouses above 700k-900k).

So far they're 75% sold, and will start construction once they reach 80% (they're hoping between July and September), to be completed by September 2015.

Despite this being another box shape, I really like it's design, in particular the glass windows are set back with frames set out for the balconies. There's a separate entrance for the hotel, with the condo's elevators located in the back (I feel the space in front of the elevators may be a bit too small). There appears to be a gap of some sort between this building and the window-less building on Albert, but on the 5th floor overlooking Slater there's a terrace with a hot tub outside, games room, theatre, kitchen and dining, gym, lounge.

I hope that with this building and a potential building where the parkade is beside BMO the area will be enlivened, and hopefully the plaza in front can be redone to make it a wonderful open space in our downtown.

I hate the building behind it, though. Seven stories with no windows... It would be nicer if they could have demolished it and had this building open onto Albert. If that section is ever demolished, it might be a bit awkward to put another building in there.

Verdict: I actually really like this building and am excited for it. We don't have too many centrally located residential/hotels in Ottawa. Usually our CBD is just office buildings from Wellington to Gloucester, Lyon to Elgin; residential is located on the periphery (Mondrian is on Laurier, but other than that everything is outside the aforementioned area). Buildings are not mixed-use, either, so there isn't a whole lot drawing people into the CBD (it's like any intensified Tunney's Pasture - it's not very good or bursting with vitality).


Tribeca model, southern side by Shel DeF on Flickr


Tribeca model, southwestern side by Shel DeF on Flickr


Tribeca model, northern side by Shel DeF on Flickr

Last edited by brentgaulois; May 28, 2013 at 5:17 PM.
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  #104  
Old Posted May 28, 2013, 1:31 PM
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great update and thanks for pictures!
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  #105  
Old Posted May 28, 2013, 4:54 PM
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The big blank wall behind this one is the Bell Switching building, apparently serving all of eastern Canada. Not sure why it was built in Ottawa, and even less sure why it was built downtown.

But anyway, I like this project a lot and I'm glad as well as presently surprised of how many units have been sold. Seems like a wasted opportunity to open in September 2015, right after the FIFA Women's world cup.
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  #106  
Old Posted Jul 12, 2013, 12:00 PM
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According to Groupe Germain's website, the Alt Ottawa open's Spring 2014, which would be impossible. Not sure why I'm posting this;

Quote:
ALT Hotel Ottawa
A 148 room hotel in the heart of downtown Ottawa on Slater Street.

Opening Spring 2014
http://www.groupegermain.com/en/hotels/alt
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  #107  
Old Posted Jul 12, 2013, 7:56 PM
ThaLoveDocta ThaLoveDocta is offline
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Quote:
Originally Posted by J.OT13 View Post
According to Groupe Germain's website, the Alt Ottawa open's Spring 2014, which would be impossible. Not sure why I'm posting this;



http://www.groupegermain.com/en/hotels/alt
http://www.youtube.com/watch?v=Ps0DSihggio

They did is with ARK now do it with ALT!
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  #108  
Old Posted Jul 13, 2013, 1:25 PM
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Quote:
Originally Posted by ThaLoveDocta View Post
http://www.youtube.com/watch?v=Ps0DSihggio

They did is with ARK now do it with ALT!
Steel would be the way to go.
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  #109  
Old Posted Jul 26, 2013, 4:37 AM
canabiz canabiz is offline
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I heard construction will start for this project in October, can anyone confirm?

Look like quite a few units can still be bought, per Marnie Bennett's listings on MLS

http://www.realtor.ca/PropertyResults.aspx?ID=268976&Mode=7
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  #110  
Old Posted Jul 26, 2013, 4:22 PM
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Quote:
Originally Posted by canabiz View Post
I heard construction will start for this project in October, can anyone confirm?

Look like quite a few units can still be bought, per Marnie Bennett's listings on MLS

http://www.realtor.ca/PropertyResults.aspx?ID=268976&Mode=7
Back in May, brentgolois said they "they're hoping between July and September". To me, October seems plausible.
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  #111  
Old Posted Jul 28, 2013, 6:15 PM
JackBauer24 JackBauer24 is offline
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Quote:
Originally Posted by J.OT13 View Post
Back in May, brentgolois said they "they're hoping between July and September". To me, October seems plausible.
They've got their % of sales needed and the builder has increased his prices - that usually means they'll break ground within a month or two. That all being said, if the city takes its time issuing their demolition or construction permits, they could end up starting in 2014.
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  #112  
Old Posted Aug 7, 2013, 4:00 PM
OTSkyline OTSkyline is offline
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Just got an email from them. Here's what it says:

NEED ANOTHER REASON TO BUY AT OTTAWA'S FASTEST SELLING CONDO?

BUY NOW AND SAVE $5,000 BEFORE CONSTRUCTION STARTS ON SEPTEMBER 16!

PRICES START FROM $205,000

So apparently this is the "fastest selling condo in Ottawa"?
And construction starts Sept 16!! Woot woot! Happy to see this one start, it will make a big different and take away from the dead lot with concrete walls.
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  #113  
Old Posted Aug 7, 2013, 4:27 PM
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Quote:
Originally Posted by OTSkyline View Post
Just got an email from them. Here's what it says:

NEED ANOTHER REASON TO BUY AT OTTAWA'S FASTEST SELLING CONDO?

BUY NOW AND SAVE $5,000 BEFORE CONSTRUCTION STARTS ON SEPTEMBER 16!

PRICES START FROM $205,000

So apparently this is the "fastest selling condo in Ottawa"?
And construction starts Sept 16!! Woot woot! Happy to see this one start, it will make a big different and take away from the dead lot with concrete walls.
I could definitely see it being the fastest selling currently, but it hasn't broken any records. It might have broken the record between release and construction. It's been less than a year.

Glad to see this one so close to construction.
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  #114  
Old Posted Aug 7, 2013, 9:33 PM
canabiz canabiz is offline
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Quote:
Originally Posted by J.OT13 View Post
I could definitely see it being the fastest selling currently, but it hasn't broken any records. It might have broken the record between release and construction. It's been less than a year.

Glad to see this one so close to construction.
I agree. It is possibly the fastest to go from release to construction and that is impressive in today's slower market but we can't compare this to the heyday of 2007-2010 where people lined up overnight to secure a spot.

I actually attended the opening (after the VIP) and the lineup was about 25 people long. You could still buy an unit at this point. We didn't jump in because we went another direction but I will be glad to see this coming up. Broccolini has a good track record here.
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  #115  
Old Posted Sep 24, 2013, 7:30 PM
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from their facebook page:


Quote:
The Slater

September 18.

Last chance to visit our Presentation Centre and our fully furnished model suite at 199 Slater Street...Construction will be starting in a few weeks!
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  #116  
Old Posted Nov 13, 2013, 1:38 AM
canabiz canabiz is offline
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Does anyone know if construction has started for this project? Sorry I haven't been in that part of town for a number of weeks.

Marnie Bennett used to have 18 listings for this building on MLS in the summer and now it has exploded to 43 listings! Are they releasing more units or are they breaking up bigger units into smaller ones now?
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  #117  
Old Posted Nov 13, 2013, 12:31 PM
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nothing happening on site so far
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  #118  
Old Posted Nov 13, 2013, 2:53 PM
JackBauer24 JackBauer24 is offline
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They didn't create more, they just put their remaining inventory on MLS. When a builder puts listings on MLS, its normal for them to put 1 of each style instead of listing all available units. But since their sales office is shutting down, I would imagine they are looking for the most exposure on their remaining condos hence why the number of listings for that site has increased.

Quote:
Originally Posted by canabiz View Post
Does anyone know if construction has started for this project? Sorry I haven't been in that part of town for a number of weeks.

Marnie Bennett used to have 18 listings for this building on MLS in the summer and now it has exploded to 43 listings! Are they releasing more units or are they breaking up bigger units into smaller ones now?
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  #119  
Old Posted Nov 13, 2013, 2:55 PM
JackBauer24 JackBauer24 is offline
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They had a furniture sale at their sales office on the weekend - selling off the furniture, stereo, etc... from their model since their sales office is closing shortly.
I would expect the office to be torn down soon.

Quote:
Originally Posted by cityguy View Post
nothing happening on site so far
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  #120  
Old Posted Nov 28, 2013, 6:14 PM
canabiz canabiz is offline
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I drove by the site today and there was no sign of any construction activities. My take is they may wait until after the New Year to start.
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