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  #201  
Old Posted Jul 3, 2014, 2:48 PM
Spring2008 Spring2008 is offline
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Is this the best way to put it? Orchard's on the very eastern edge of the Beltline, basically surrounded by the empty Railtown yards

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Brad J Lamb @BradJLamb · 22h
Live on an orchard, in the middle of a city, where a river runs through. #TheOrchard #Calgary http://instagram.com/p/p9HSGhCBFM/
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  #202  
Old Posted Jul 3, 2014, 5:00 PM
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Originally Posted by Spring2008 View Post
Is this the best way to put it? Orchard's on the very eastern edge of the Beltline, basically surrounded by the empty Railtown yards
I know there's a lot of dislike for Mr. Lamb here, but Orchid is still in the middle of the city and very close to the Elbow and not that far from the Bow. So I'd say what he wrote is accurate.
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  #203  
Old Posted Jul 3, 2014, 6:32 PM
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^from the city as a whole viewpoint that makes sense, from the city centre pov it's def eastern edge and not surrounded by much. Location wise I think of condos like Mark, Calla, Telus Sky, Drake etc as middle of the city/heart of the action if that's what he's trying to imply.
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  #204  
Old Posted Jul 3, 2014, 6:33 PM
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Good news, but first residential project in the west end in a decade? I can think of at least a few depending on where the cut off is.
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Two-tower condo development planned for Calgary downtown west end

First residential real estate project in the area in over a decade

CALGARY - Construction has begun on Avenue, a two-tower condo development, which is the first residential real estate project in Calgary’s downtown west end in over a decade.

Grosvenor Americas and Cressey Development Group’s newest project is moving forward following a successful pre-sales campaign for the development at 10th Street and 5th Avenue S.W.

“A re-focus on development in downtown Calgary’s west end is a significant milestone for the city that signals a shift towards urbanism,” said Michael Ward, senior vice-president for Grosvenor Americas, adding that the Avenue project will set the benchmark for future development.

Avenue is a two-tower, 319-suite project designed by James Cheng. The towers will be 24 and 18 storeys.

The developers are re-focusing attention on the potential of the west end.

They say Calgary’s downtown is in the midst of a major growth cycle. With at least seven new condo developments and eight new office projects proposed or under construction in the city centre, the new buildings will create space for a projected 30,000 employees and thousands of new residents.

Improved transit and walkways for the downtown west end are also taking place to accommodate that growth.

In May, the Herald revealed that the west-end gateway to downtown Calgary along 9th Avenue will undergo a massive transformation in the years to come as two major residential projects are planned to revitalize the area.

The WAM Development Group is in the initial stages of planning and development for a huge residential condo project, on the site of the current home of the Metro Ford dealership, which will include 1,800 luxury residential suites in four towers located above 150,000 square feet of grade-related retail uses.

West Village Towers is another residential condo tower development planned nearby by Wexford Development Corporation and Cidex Developments, which will include three towers, totalling 575 units with 90,000 square feet of ground floor retail and second level office space, according to Wexford’s website.

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http://www.calgaryherald.com/business/re...Calgary+downtown+west/9997472/story.html
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  #205  
Old Posted Jul 3, 2014, 8:17 PM
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^from the city as a whole viewpoint that makes sense, from the city centre pov it's def eastern edge and not surrounded by much. Location wise I think of condos like Mark, Calla, Telus Sky, Drake etc as middle of the city/heart of the action if that's what he's trying to imply.
Not sure if that's what he's trying to imply or you're reading into it. On face value it seems quite factual. Orchid is in the middle of a city near a river. He doesn't say close to all the action or even implies it.
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  #206  
Old Posted Jul 3, 2014, 8:26 PM
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haha fair enough, i'm betting most people are sketpical to take anything he says at face value at this point though
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  #207  
Old Posted Jul 5, 2014, 4:25 PM
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Interest in condo living is on the rise
Stephanie Froese Jul 4, 2014 06:41:30 PM

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More and more Calgarians are considering condo living and taking it seriously.

Bill Kirk with the Calgary Real Estate Board says a maturing condo market downtown can be seen with new developments going up in various price ranges and more buyers looking for that kind of home.

He says, “We’ve continued to see condos as a viable lifestyle and forming more and more of a part of our real estate market, so there’s no question that they’re going to grow as a portion of our market over time.”

Kirk adds new high-rises going up in the west end of downtown, as well as similar developments around the city, have seen a growing number of applications.
http://www.660news.com/2014/07/04/interest-in-condo-living-is-on-the-rise/
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  #208  
Old Posted Jul 9, 2014, 4:25 PM
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Guardian south 10 floors up already. The Met's at 3 throughout now, moving fast for such a huge floorplate.
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  #209  
Old Posted Jul 9, 2014, 4:32 PM
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I don't think any of us could imagine how massive The Met is going to end up. Look at neighbouring buildings and see how many are 14 storeys- it's going to be incredibly dominating because it has girth and, for the west Beltline, quite a bit of height.
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  #210  
Old Posted Jul 9, 2014, 5:04 PM
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^430 units is def something!


YTD first six months housing starts almost at 10k within the Calgary region, multi-fam starts from jan-jun at almost 6k:

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Housing starts soar in Calgary region

Multi-family construction buoys real estate market
By Mario Toneguzzi, Calgary Herald July 9, 2014 9:56 AM



The Calgary region is seeing a construction boom these days in the housing market.

Photograph by: Gavin Young Gavin Young , Calgary Herald


CALGARY - Housing starts in the Calgary region ballooned in June thanks to a stunning increase in the multi-family sector, according to Canada Mortgage and Housing Corp.

The agency said Wednesday that total starts rose to 2,407 units in the Calgary census metropolitan area from 912 last year - or a hike of 163.9 per cent.

The multi-family segment experienced a 397.2 per cent year-over-year increase to 1,780 units, up from 358 in June 2013.

The single-detached sector also saw a jump of 13.2 per cent to 627 units in June from 554 last year.

“The trend in total housing starts recorded a pronounced gain in June, primarily due to an elevated pace of multi-family construction,” said Richard Cho, senior market analyst in Calgary for the CMHC. “A low inventory of complete and unabsorbed units combined with elevated demand continues to support the rise in multi-family construction this year.

“Supply in both the resale and new home markets has been low, while demand has been supported by impressive job gains, low mortgage rates and elevated migration. This has contributed to the increase in new construction. Some demand has also shifted to multi-family units where prices on average are lower compared to single-detached homes.”

Year-to-date, total starts in the Calgary region are up by 67.1 per cent from a year ago to 9,294 units. Single-detached starts have risen by 7.7 per cent to 3,323 units while multi-family starts are up 141.0 per cent to 5,971 units.

Robert Kavcic, senior economist with BMO Capital Markets, said a surge in activity in Alberta was the big story in June.

“Housing starts in the province saw a massive burst to 53,700 annualized units, a level topped only in a handful of months during the pre-recession housing boom in 2006/07,” he said. “Given scant supply and very strong population growth, recent soft readings for starts in the province didn’t make a whole lot of sense, but June’s result quickly turns that story around.”

He said starts for the second quarter of this year in Alberta hit a six-and-a-half–year high, “the only province with clear upward momentum in building activity.”

Richard Goatcher, economic analyst with the Canadian Home Builders Association-Alberta, said the surge in multi-family construction pushed Alberta housing starts up strongly in the first half of 2014. At 18,137 units, total starts in the province’s cities over 10,000 population were up 12 per cent from the first six months of 2013.

“Demand for new homes in Alberta should remain strong for the balance of 2014 thanks to affordable mortgage rates, steady job creation and robust population growth,” he said. “A shortage of rental units and relatively tighter resale home markets are also helping to bolster consumer interest in new homes this year.”

Admir Kolaj, economic analyst with TD Economics, said Canadian housing starts continue to defy market expectations coming in at 198,185 annualized units, which is a slight increase of 0.6 per cent over May.

“Low interest rates are adding more fuel to the housing market’s tank,” said Kolaj. “Builders are clearly responding to the low interest rate environment and continued strong price growth in the existing home market by keep construction activity elevated.

“However, the market is still considered to be at least moderately overbuilt. Many of Canada’s biggest cities are already flush with condos for sale and still have a record number of units under construction, many of which will end up on the market once completed.”
http://www.calgaryherald.com/business/Housing+starts+soar+Calgary+region/10014198/story.html
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  #211  
Old Posted Jul 11, 2014, 4:24 PM
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Park Point condos boast high-end amenities and Beltline benefits

Twin residential towers will look down on park

By Josh Skapin, Calgary Herald July 10, 2014

Qualex-Landmark

A site in the amenity-rich Beltline District was quick to win the heart of a B.C.-based condo developer with a long history of building in Calgary.

Qualex-Landmark’s next development, dubbed Park Point, is a two-tower project headed for the location of the former CIBC Operations Centre building on 12th Avenue and 2nd Street S.W.

The developer has built a number of projects in the city, including most recently, Mark on 10th, Calla and Luna. Its new site faces the two-hectare Central Memorial Park.

“Central Memorial Park is a thriving meeting place for the community,” says Parham Mahboubi, vice-president of marketing and new developments.

“Residents, downtown office patrons, tourists and others descend to the park daily to take in the views, the sun or to meet with friends or co-workers for lunch at the Boxwood Cafe or line up at food trucks along 12th Avenue, fronting the park.”

The benefits of Beltline don’t end there.

Its walkable shops and services will also stand out to purchasers, says Mahboubi.

“Residents are close to every conceivable neighbourhood amenity, including repurposed warehouses, restaurants, boutiques and the world’s most extensive pedestrian skywalk system – Calgary’s Plus 15 network,” Mahboubi adds.

Park Point’s first tower will be 34 storeys and include 286 residences. Sales are expected to launch in early 2015.

Most of the apartments are a two bedroom-plus-den orientation. The homes are available in three designer colour palettes.

They also feature controlled cooling and heating systems with soaring energy-efficient windows.

Kitchens boast Armony Cucine cabinets, a fully-integrated appliance package, gas cooktop and natural stone counters.

High-end amenities are also part of the building, with a private owners’ lounge, guest suite and yoga and Pilates studio.

There’s also a steam room and sauna with change rooms and a 24-hour concierge service.

“Understanding the needs and desires of urban-focused customers has been our No. 1 priority,” says Mahboubi.

“It has allowed us the opportunity to continue to redefine the urban home and continue to offer centralized, luxury living solutions to the Calgary professional.”

The building has a sundeck and open air lounge with a barbecue and seating space overlooking the park.

There’s also a secured parking lot and bike storage area along with bike and dog wash stations.

For more information, visit qualex.ca/parkpoint.

[email protected] Twitter.com/CalHeraldHomesFacebook.com/CalHeraldHomes
© Copyright (c) The Calgary Herald
http://www.calgaryherald.com/homes/Park+...es+Beltline+benefits/10018835/story.html
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  #212  
Old Posted Jul 11, 2014, 4:25 PM
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Cidex has added a few yellow painted strips to Aura 1, similar color to Pixel. Every time I see that tower it's looking better.
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  #213  
Old Posted Jul 12, 2014, 6:37 AM
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I was walking along the newly completed sidewalk in front of Aura yesterday and ran into Dave Bronconnier and the owner of Cidex. Owner says that both towers are rentals (I guess we assumed that, but he confirmed) and the streetfront spaces are live-work two-storey units, not retail, for both towers. So, so much for retail there. Still I agree Aura looks great.
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  #214  
Old Posted Jul 12, 2014, 1:34 PM
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Originally Posted by Rusty van Reddick View Post
I was walking along the newly completed sidewalk in front of Aura yesterday and ran into Dave Bronconnier and the owner of Cidex. Owner says that both towers are rentals (I guess we assumed that, but he confirmed) and the streetfront spaces are live-work two-storey units, not retail, for both towers. So, so much for retail there. Still I agree Aura looks great.
If the live-work units are used as intended there could be some interesting retail there. I always envision them like the shops on the side streets in Amsterdam, where little boutiques can open. Given they'll be rentals maybe this is something that we'll see where new shops can start out until they get the customer base to move to a larger/dedicated space.
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  #215  
Old Posted Jul 19, 2014, 3:23 PM
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Waterfront is advertising "more Waterfront". Not sure how many phases they have left to build, but it is good to see something going ahead in Eau Claire.
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  #216  
Old Posted Jul 23, 2014, 3:07 AM
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Waterfront is advertising "more Waterfront". Not sure how many phases they have left to build, but it is good to see something going ahead in Eau Claire.
Outlook's now sold out, so I'd expect phase 4 to launch ASAP.
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  #217  
Old Posted Jul 23, 2014, 3:10 AM
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First is 4 floors above grade now, been 2 pile drivers working say for awhile now at District, Aura 1 now has landscaping and most of the finishing touches in; I'd expect occupancy to start soon, Aura 2 is working on floor 2 now, Met's 5 floors up, glass going up at The Park, working on floor 3 at Mark etc etc

Both Guardian towers going up at blistering speeds, would love to see Hon/Axiom build more here!
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  #218  
Old Posted Jul 23, 2014, 3:39 AM
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Outlook's now sold out, so I'd expect phase 4 to launch ASAP.
Outlook has got to be one of the fastest moving projects in the city right now. On with the next one!
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  #219  
Old Posted Jul 23, 2014, 1:08 PM
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Aura 1 now has landscaping and most of the finishing touches in; I'd expect occupancy to start soon
there is exactly zero information regarding leasing in this building though.
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  #220  
Old Posted Jul 25, 2014, 4:01 PM
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Lots of talk, no walk. Hopefully Bosa gets going on their MRV project. Very little condo supply left in the Beltline that isn't already accounted for. Almost all the upcoming batch will be rental.

Quote:
Apple trees complement 31-storey downtown residential towers


BY CLAIRE YOUNG, CALGARY HERALD JULY 24, 2014



STORYPHOTOS ( 1 )

Apple trees complement 31-storey downtown residential towers

Lamb Development Corp. An artist’s rendering of The Orchard. The two towers in the development are linked by an apple-producing orchard..
Toronto-based condo developer Brad J. Lamb is looking to seed Calgary’s downtown with a new crop of residential towers and harvest a new concept in urban living.

Germane to the plan is a 66-tree apple orchard featuring two varieties, flanked by a pair of slender towers anchoring the east and west corners of this 1.5-acre (0.6-hectare) property in Victoria Park.

The Orchard will offer about 440 to 450 apartments in a pair of 31-storey towers set on a piece of property overlooking the Elbow River. Nestled between the east and west towers will be the south-facing orchard, to be tended by a professional team.

The Orchard reflects core concepts of environmental responsibility, functional public space and a beautiful development, says Lamb, CEO of Lamb Development Corp.

“We wanted this to be a sustainable, local food source to prove that it could be in a city,” says Lamb. “What if every house in Canada grew an apple tree in their backyard? What would that do for the requirements of trucking or freighting apples in from the States or Chile or Japan or wherever we get our apples. There’s a huge cost to the environment for that. If we’re going to have parks, and every city has parks, why don’t we dedicate a certain amount of these parks to fruit and then have markets where the city can sell the fruit?”

Piquing Lamb’s interest in urban agriculture is the case of Detroit, where he has been buying distressed industrial property. Detroit’s population has shrunk from 1.8 million in 1950 to around 700,000 today. Vast swaths of the city are simply abandoned, and there is now a movement to turn this fallow land into arable land.

“I thought, that doesn’t have to happen only in failed cities — that could happen in any city. This was my first opportunity to do it because it’s such a large property,” Lamb says.

The Orchard is the second project in Calgary by Lamb Development Corp., with the first being 6th and Tenth in the Beltline.

Lamb Development Corp. was able to gain more density in the towers through Calgary’s building rules, which reward building public realm into plans.

“Everything you do beyond the basic city building, they’ll reward you with extra density,” Lamb says. “We wanted an extra 45,000 square feet of total density on the site to achieve 31-storey buildings, so we merged all the ideas collectively. This is what development has to be — it has to win for the buyers of the units, for the city, for the citizens and for the developer.”

The towers, in turn, are tall and slender, with small floor plates for better unit layouts and more distance between the buildings to provide for better views. Instead of a concrete piazza between the buildings, Lamb came up with the orchard idea.

“I thought let’s do something environmentally sensitive — trees eat carbon dioxide, they breathe oxygen, they eat pollutants of every kind,” he says. “They make cities cooler, through shade and other means. And they are beautiful to look at, from above and at grade.”

The buildings will have balconies walled with fritted glass, a translucent material which gives privacy to the balconies without impeding the view from the homes, while also shielding what people have on their balconies from below. Designed to flow uninterrupted, they resemble ribbons wrapping around each floor, Lamb says.

“The towers are the statement, that’s the bold statement. The orchard isn’t secondary, but it’s a complement to these beautiful, bold Mies van der Rohe- influenced towers. The fritted balconies hide things on the balconies, and they also provide a sheath, another layer of glass. The balcony glass is more beautiful than building glass,” he says.

One-bedroom units start at $249,900, with about 550 square feet. There will also be one-bedroom and dens, junior two-bedroooms, two bedrooms, penthouse floors and a sky penthouse.

“There is one spectacular sky penthouse that is beyond belief. Phenomenal. With a huge terrace and amazing views. On the next five floors, we have only four suites per floor. They are all penthouse-style units with square footage ranging from 1,100 square feet to 1,700 square feet.”

On the lower levels, the suites range from 550 square feet to 1,000 square feet. There will be a little bit less than one parking stall per unit.

The Orchard sales office is being built on site, with plans to open in September or October.
http://www.calgaryherald.com/homes/Apple...n+residential+towers/10059903/story.html
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