Regina Construction III

[Stormer]

No tower crane yet at Ag Place. Classic Regina.... close an entire street for nothing. Reminds me of when they shut half the Ring Road to get drivers acclimatized to construction that wasn't supposed to start until the next week. Other examples are:

• when there is a fender bender and the police block 3 lanes of traffic.
• when work is being done in the ditch on the ring road and they block the shoulder and another whole lane.
• the morning rush hour the day after a farmers market and 12th is still blocked by barricades.
  
  I could go on.

[SkydivePilot]

Originally Posted by Stormer

No tower crane yet at Ag Place. Classic Regina.... close an entire street for nothing. Reminds me of when they shut half the Ring Road to get drivers acclimatized to construction that wasn't supposed to start until the next week. Other examples are:

• when there is a fender bender and the police block 3 lanes of traffic.
• when work is being done in the ditch on the ring road and they block the shoulder and another whole lane.
• the morning rush hour the day after a farmers market and 12th is still blocked by barricades.
  
  I could go on.

I'm 700+ miles away, and I still know that the crane is being erected.

[jigglysquishy]

To be fair, the street was scheduled to be closed this whole week. As long as it's open by next Monday everything is on schedule.

[Stormer]

Originally Posted by SkydivePilot

I'm 700+ miles away, and I still know that the crane is being erected.

They are still preparing the base

[Chaps]

Originally Posted by Regina Boi

I'm not sure why people in Regina put so much emphasis on office towers. Saskatoon in my opinion, is far ahead of Regina in terms of redeveloping their downtown. Recent additions include expanding the riverfront, building a farmers market, movie theater expansion, a brand new art gallery and a performing arts center. Saskatoon is also fortunate enough to have a ton of locally owned shops, restaurants, and pubs downtown. I love the fact that I can walk through downtown at 11pm on a weeknight, and see the streets packed with people. This is what makes a downtown.

I'm in Saskatoon for work frequently and always stay downtown. I can't say I've ever seen too many people walking around downtown once the sun sets. A few sketchy characters and smokers hanging around the doors of Hudson's. But I'm not convinced it's much more lively than Regina at night.

[thefourthtower]

http://javapost.ca/work/item?id=27
Wascana at Sunset
http://javapost.ca/work/item?id=19
Regina The Queen City
http://javapost.ca/work/item?id=20
Hang in There Golfers
http://javapost.ca/work/item?id=23
Saskatoon

http://javapost.ca/work/item?id=24
The Queen City Marathon
http://javapost.ca/work/item?id=26
Wascana Park Regina

Amazing aerials of Regina and Saskatoon love it

[BrutallyDishonest]

Originally Posted by SkydivePilot

Normally, yes - no shit Sherlock. FCC needed to expand anyway. And, Regina's office vacancy is still relatively low.

No, it's not. Regina's office vacancy was low. There are now hundred's of thousands of square feet of vacant space and we are edging from having one of the lowest to one of the highest vacancy rates in Canada.

[hoeding]

Originally Posted by BrutallyDishonest

No, it's not. Regina's office vacancy was low. There are now hundred's of thousands of square feet of vacant space and we are edging from having one of the lowest to one of the highest vacancy rates in Canada.

Citation needed.

[micheal]

Originally Posted by BrutallyDishonest

No, it's not. Regina's office vacancy was low. There are now hundred's of thousands of square feet of vacant space and we are edging from having one of the lowest to one of the highest vacancy rates in Canada.

Here are the stats:

http:// https://www.google.ca/url?sa=t&source=web&rct=j&q=office%20vavancy%20in%20regina&ei=XW27U57fKsm3yASgtYKgAw&url=http://www.collierscanada.com/~/media/Files/Research/2014/2014%2520Q1%2520Regina%2520Office%2520Report%2520-%2520Final%2520V2.ashx&cd=2&ved=0CCYQFjAB&usg=AFQjCNHsduac6XEEwGnjC9-YSdv62SraQw

[Stormer]

That is just class A from one source. avison still forecasts we will have one of the lowest overall office rates in 2014.

[sask1982]

Originally Posted by BrutallyDishonest

No, it's not. Regina's office vacancy was low. There are now hundred's of thousands of square feet of vacant space and we are edging from having one of the lowest to one of the highest vacancy rates in Canada.

I agree. Just being downtown at least 5 days a week is citation enough. Vacant space literally everywhere.

[Drofmab]

Was driving by Wascana School yesterday... or should i say, Ecole Connaught School?

I find it odd that they bothered phyiscally renaming the school... I doubt the people who are for tearing down/building a new school care what school name appears on their their kid's transcript; and this definitely won't win over the people trying to block Connaught's demolision ("oh - so Wascana's called Connaught now? Oh, cool - that's what I was worried about..tear the old sucker down! I'm good")

[Stormer]

Originally Posted by jigglysquishy

To be fair, the street was scheduled to be closed this whole week. As long as it's open by next Monday everything is on schedule.

But if they did not need the street Monday why block it? I am not just saying this because it personally inconveniences me


Anyway two giant mobile cranes arrived today so the tower crane should arrive at any time.

[TechnicalRecession]

Originally Posted by Stormer

But if they did not need the street Monday why block it? I am not just saying this because it personally inconveniences me


Anyway two giant mobile cranes arrived today so the tower crane should arrive at any time.

The semi truck carrying the first part of the crane just drove by my office window!

[Stormer]

Originally Posted by Stormer

That is just class A from one source. avison still forecasts we will have one of the lowest overall office rates in 2014.

Avison 2014 forecast:



http://www.avisonyoung.com/fileDownloade.../AY2014CanadaUSForecastJan16_14Final.pdf

[Stormer]

It looks like the Ag Place Tower Crane will be full height to start - i.e. taller than Tower III.

[Chorduroy]

Originally Posted by Stormer

Avison 2014 forecast:



http://www.avisonyoung.com/fileDownloade.../AY2014CanadaUSForecastJan16_14Final.pdf

I think that this is based on 2012's actuals for its most recent data. I am betting that the actual vacancy will come in significantly higher than what they are projecting in the link.

Just walking/driving in various commercial districts including downtown seems to indicate to me that we're headed for a lull in office development. I hope I'm wrong, since I would love to see more office towers go up, but if there is not a market, what can you do?

[thefourthtower]

All it takes is a few companies to expand or set up shop , the good thing is the space is available they don't have to wait to build it

[thefourthtower]

April 21, 2014 Updated: June 21, 2014 | 9:35 am Adjust Text Size
Regina’s office space vacancy rate to hit record high in 2014, says new report
By Marco Vigliotti
Metro Regina
Share this Article


A new survey suggests office vacancies in Regina’s downtown core could top record levels in 2014, only two years after the city was in possession of the tightest commercial real estate market in North America.

The study by Colliers International predicts the vacancy rate in the city’s central business district to rise to over 12 per cent later this year in response to a “sizable amount” of new commercial buildings.

“The increase of new buildings in the marketplace has created a vacancy uptick,” said Michael Kelsey, associate vice-president and broker with the Regina chapter of the commercial real estate services firm.
http://metronews.ca/news/regina/1009202/...hit-record-high-in-2014-says-new-report/

[thefourthtower]

Originally Posted by Stormer

It looks like the Ag Place Tower Crane will be full height to start - i.e. taller than Tower III.

Pictures please thank you , oh the start of yet another tower and a beauty at that , well not that high lol