Edmonton Construction 12 (December 2013) - Page 210

Daveography · #**4181** Posted **Aug 12, 2014, 6:39 PM**

^ Agree on all counts. It's not there yet, but the number and quality of retailers moving into the area is very positive.

SHOFEAR · #**4182** Posted **Aug 12, 2014, 6:58 PM**

Quote:

Originally Posted by GreenSPACE

I have a friend that is a senior economist with the City. Residential lots do not make money for the City. Industrial does. Because of the all the road infrastructure, required rec centres, police and fire stations, etc there is no way new suburbs are paying for themselves. Nice try though.

Did 1910 residential development make the city money? 1930? 1950? 1970? (excluding city owned development like Millwood's)

Newer neighborhoods come closer than ever before to breaking even, and are designed to require significantly less maintenance and longer lifespans in infrastructure.

ue · #**4183** Posted **Aug 12, 2014, 8:04 PM**

Quote:

Originally Posted by ScottieA

Okay, now I know what they've been doing with the hoarding at Mayfair. They've been prepping it so that they can attach ads for Century Park's new phase on them. Sorry for the picture quality, my cell phone camera has been acting up recently. That's Central Tower and Time Square on the 108 St side.

Mayfair Construction 4 by ScottieA_1982, on Flickr

lol are they ever going to break ground on this thing?

GreenSPACE · #**4184** Posted **Aug 12, 2014, 8:57 PM**

Quote:

Originally Posted by SHOFEAR

Did 1910 residential development make the city money? 1930? 1950? 1970? (excluding city owned development like Millwood's)

Newer neighborhoods come closer than ever before to breaking even, and are designed to require significantly less maintenance and longer lifespans in infrastructure.

They do come closer to being tax neutral, but do not contribute to city-wide civic projects like rec centres, bridges or the like, from what I understand.

GreenSPACE · #**4185** Posted **Aug 12, 2014, 8:58 PM**

Columns for first floor of Ultima tower going up.

Coldrsx · #**4186** Posted **Aug 12, 2014, 9:21 PM**

Picture or it didn't happen.

Coldrsx · #**4187** Posted **Aug 12, 2014, 9:26 PM**

(http://www.procura.ca/homepage/images/slide-4.jpg)

ue · #**4188** Posted **Aug 12, 2014, 9:29 PM**

Quote:

Originally Posted by Coldrsx

(http://www.procura.ca/homepage/images/slide-4.jpg)

I still don't get how you can't credit images properly after all this time...

Coldrsx · #**4189** Posted **Aug 12, 2014, 9:59 PM**

In the newest Avenue Dialog is interviewed and they talk about KR being 21 storeys.

GreenSPACE · #**4190** Posted **Aug 12, 2014, 10:08 PM**

^Huh, lame.

s211 · #**4191** Posted **Aug 12, 2014, 11:34 PM**

Quote:

Originally Posted by Coldrsx

(http://www.procura.ca/homepage/images/slide-4.jpg)

Complete in 2015? Is this underway?

bulliver · #**4192** Posted **Aug 13, 2014, 12:13 AM**

I don't think so. Isn't there still a few years on the lease for the park and ride?

s13 · #**4193** Posted **Aug 13, 2014, 2:49 AM**

Quote:

Originally Posted by Coldrsx

In the newest Avenue Dialog is interviewed and they talk about KR being 21 storeys.

Guess they never landed another tenant then yet? Disappointing but makes sense from an economic standpoint.

Harrison · #**4194** Posted **Aug 13, 2014, 4:26 AM**

Edgewater is gaining some decent height, one tower around 12ish storeys and the other possibly 8-9.

Coldrsx · #**4195** Posted **Aug 13, 2014, 2:40 PM**

http://cdn1.avenueedmonton.com/avenue-digital-issues/aug2014/index.html

kcantor · #**4196** Posted **Aug 13, 2014, 2:57 PM**

Quote:

Originally Posted by GreenSPACE

They do come closer to being tax neutral, but do not contribute to city-wide civic projects like rec centres, bridges or the like, from what I understand.

they contribute to city-wide civic projects like rec centres, bridges or the like including lrt and downtown revitalization and blatchford etc. on exactly the same basis as every other resident in the city of edmonton. they pay property taxes. on what basis do understand different?

hilman · #**4197** Posted **Aug 13, 2014, 3:04 PM**

KR looks pretty — to me

Coldrsx · #**4198** Posted **Aug 13, 2014, 3:15 PM**

Had a great meeting/update on the Healy lands project on 106st/north of 103ave. Unable to say much out of respect and privacy, but the architect chosen has done some great work in other cities. The scale of this project is still evolving, but I think it will surprise many of you

ScottieA · #**4199** Posted **Aug 13, 2014, 3:21 PM**

Quote:

Originally Posted by bulliver

I don't think so. Isn't there still a few years on the lease for the park and ride?

The park and ride parking lot would be relocated to another section of the land, with a reduction of 50 spots. It was in the news months ago that Procura was trying to work with the city to do this.

Black Star · #**4200** Posted **Aug 13, 2014, 3:32 PM**

KR at possibly being chopped from 29 to 21.

2 trains of of thought.

IMO.

They recognized between Epcor stantec and COE tower that there is just to much office space up for grabs.

Or Maybe KR should have more faith in their product and marketing team!