SOHO Champagne [111 Champagne Ave S] | 66+82m | 22+25f | U/C

[rocketphish]

http://sohochampagne.com/construction.html

[S-Man]

Went by here today and it looks to be up to the 14th floor. Is this building the 20-floor one or the 24-floor one?

[JackBauer24]

Phase 1: 20 levels
Phase 2: 24 levels

If they're at 14 now, by mid-May they should be done pouring concrete.

Originally Posted by S-Man

Went by here today and it looks to be up to the 14th floor. Is this building the 20-floor one or the 24-floor one?

[JackBauer24]

It's all relative.

While it may appear sales are low, when you consider the direct competition in the neighbourhood (Claridge Icon - sales around 10% - & Nuovo by Domicile - sales around 15% last time I checked), sales at Soho Champagne are not bad at all - over 70%. And once you factor in that Soho Champagne isn't really bought by investors as opposed to the investor-popular Dow's Lake facing 1 bedrooms at Icon, sales really aren't bad at all.

As for missing the completion dates, the project is under construction and they're currently pouring concrete on the 14th or 15th floor, the Vendor has until Oct. 2016 to complete - giving them about 2.5 years to go. I doubt very much that they won't be done in time.

Originally Posted by TOexpat

Well weren't the first floors sold when there was actually a tonne of demand for condos? The lack of units sold on the newer releases is pretty pathetic.

I wonder how many of the folks on the lower floors will walk away if the developer misses its deadlines??

[JackBauer24]

Especially in a city like Ottawa. Once any major employers starts messing with job security here, the economy often slows dramatically.

Originally Posted by sam2020

No but when any citys does lose a good amout of jobs it has a impact.

[JackBauer24]

I was at the sales centre last weekend picking my colours. According to the staff, Italia may be released for sale later this year and will be more similar to Soho Lisgar than Soho Champagne - in their words "Soho Champagne is to be the flagship Soho in Ottawa". What that translates to me - Soho Italia will have a cheaper price/sq ft than Soho Champagne.

Along the same lines as what TOExtpat was saying, instead of lowering prices at Soho Champagne and angering the early purchasers, they can introduce a similar but less expensive product (Soho Italia) in the same market while maintaining the prices at Champagne.

Plus it makes sense from a marketing stand point - Phase 2 at Soho Champagne will presumably be identical to Phase 1, so introducing that to the market is unlikely to bring in more or different buyers. But Soho Italia give the developer a chance to offer something new and hopefully attract more people.

As a buyer at Champagne, although I am disappointed the theatre, wine room, pool and saunas won't be ready immediately, it's not the worst thing in the world - those are most likely going to be the more expensive amenities to maintain. Since Phase 1 is the smaller of the two towers, meaning there's a smaller budget to maintain common elements, the condo fees would be much higher if those items were part of Phase 1 amenities. Plus, phase 1 amenities still include a hot tub, gym, 2 party rooms w/ kitchen, board room and BBQ area/terrace.

Originally Posted by Skipper

Does anyone know what the sequencing for the two remaining Soho towers to be built in the Preston/Civic Hospital Area will be?

Given how they are having difficulties selling some condos at the Soho Champagne Phase I, what is the likelihood of Champagne Phase II and Soho Italia to be built?

A number of amenities, namely the kitchen, the wine tasting room, the change rooms, steamrooms and saunas, the Soho Theater and the lap pool are all part of the Champagne Phase II.

One would hope that Mastercraft Starwood will focus on Phase II of Soho Champagne prior to moving on to the Soho Italia

[S-Man]

This one looks to be getting close to topping out - I drive by here semi-regularly.

Already, it's visible from quite a few angles, including peeking over the hill as one drives north on Prince of Wales (at the roundabout). It's actually surprising how much height and density this adds to the area, given the height of what's around it.

[Urbanarchit]

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[ortelius]

[MountainView]

Cool picture!! Imagine what this view might look like in 7-10 years.

[rocketphish]

from: http://sohochampagne.com/construction.html

[Urbanarchit]

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[Urbanarchit]

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[1overcosc]

I get a view of this building from Carling Avenue twice a day on my bus trip to and from work. I must say, from that angle it looks a little lost due to the giant parking lot separating it from Carling, but I'm sure from within Little Italy it looks fine.

[MountainView]

Originally Posted by defishel

I walked by today. If this is the 20-storey building, they have one floor more before it's topped off. Glass cladding is approximately up to the 12th floor on the South and West sides.


Soho Champagne Construction by Shel DeF on Flickr

Chap 1: Excuse me Sir... I believe that is my red Mercedes you are trying to get into.
Chap 2: Jolly Oh Sir I do believe you are correct...
Chap 3: Excuse me chaps that is actually MY red Mercedes you're looking at.

THIS IS WHAT IS GOING TO HAPPEN!!

Great Pictures yet again Mr Defishel!

[Urbanarchit]

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[cityguy]

I thought this tower was 24 floors

[harls]

I was driving on Bronson the other day, northbound right at the canal.. it's pretty prominent from that vantage point. If all of these other projects get off the ground, that bridge will be a spectacular photo spot.

[JackBauer24]

Phase 1 - 20 levels
Phase 2 - 24 levels

Originally Posted by cityguy

I thought this tower was 24 floors

[Boxster]

Very nice looking building with its extensive use of glass.

Only drawback I see are the small balconies.