Telus Sky | 221 M / 725 FT | 58 FLOORS - Page 10

Spring2008 · #**181** Posted **Dec 14, 2014, 9:52 PM**

Looks like they're moving ahead. Existing building completely demo'd now and they were excavating out the existing foundation as of yest.

On a side note, had some visitors in this weekend, was pleased to see how busy the inner is becoming day and night. Stephen Ave and The Core Mall in particular are becoming real gems, and it's hard to get a resto table down any of the main strips around the core. Saw Ken King shopping yest, should have asked what's taking so long with the announcement lol.

Socguy · #**182** Posted **Dec 14, 2014, 10:21 PM**

Quote:

Originally Posted by ItsALondonThing

Telus aren't an oil company but is this project likely to be affected by a moderate downturn? Really hoping this and Brookfield can go ahead through 2015.

I'm with you, I really hope they go ahead.

I must admit, I know next to nothing about how developers finance these large structures but it seems to me that a moderate downturn might actually benefit these buildings due to a decrease in construction costs, unless they've already locked a price in. Also new buildings shouldn't be as affected by a depressed rental market as the older builds should take the hit first.

Of course I could be totally wrong and the bean counters decide to pull the plug.

DarthMalgus · #**183** Posted **Dec 16, 2014, 2:10 AM**

I am optimistic this project will still go ahead because it is mostly rental residential and Telus is taking up most of the office portion.

bt04ku · #**184** Posted **Dec 16, 2014, 4:24 AM**

Considering what Telus would charge me for roaming while I'm here in NY they had damn well better be going ahead with this thing.

I'm fine with morally bankrupt corporations, so long as they build wondrous looking skyscrapers.

The Fisher Account · #**185** Posted **Dec 16, 2014, 5:22 AM**

Quote:

Originally Posted by bt04ku

I'm fine with morally bankrupt corporations, so long as they build wondrous looking skyscrapers.

TallBob · #**186** Posted **Dec 16, 2014, 6:37 AM**

This building is getting Kudos over on SSC on the Minneapolis development thread!

Surrealplaces · #**187** Posted **Dec 18, 2014, 5:34 PM**

Quote:

Originally Posted by ItsALondonThing

Telus aren't an oil company but is this project likely to be affected by a moderate downturn? Really hoping this and Brookfield can go ahead through 2015.

Both of those are going ahead. Even though Cenovus is an O&G company they have booked space into Brookfield. It's Brookfiled that is putting up the money and they have Cenovus as the tenant. Cenovus still needs the space regardless of the price of oil. Also consider that by the time the building is completed it's anyone's guess where the price of oil will be.
Same for Telus, they have already committed to the project. The projects that are danger are the ones we haven't heard about yet.

ItsALondonThing · #**188** Posted **Dec 18, 2014, 11:29 PM**

Quote:

Originally Posted by Surrealplaces

Both of those are going ahead. Even though Cenovus is an O&G company they have booked space into Brookfield. It's Brookfiled that is putting up the money and they have Cenovus as the tenant. Cenovus still needs the space regardless of the price of oil. Also consider that by the time the building is completed it's anyone's guess where the price of oil will be.
Same for Telus, they have already committed to the project. The projects that are danger are the ones we haven't heard about yet.

Thanks for the information! Are you as confident with 707?

Design-mind · #**189** Posted **Dec 19, 2014, 3:17 AM**

Quote:

Originally Posted by ItsALondonThing

Thanks for the information! Are you as confident with 707?

I would be more confident in 707 as it is a smaller project and Manulife has had a very successful year this year.

Spring2008 · #**190** Posted **Dec 19, 2014, 10:02 PM**

Quote:

Originally Posted by Surrealplaces

Both of those are going ahead. Even though Cenovus is an O&G company they have booked space into Brookfield. It's Brookfiled that is putting up the money and they have Cenovus as the tenant. Cenovus still needs the space regardless of the price of oil. Also consider that by the time the building is completed it's anyone's guess where the price of oil will be.
Same for Telus, they have already committed to the project. The projects that are danger are the ones we haven't heard about yet.

I agree, this is still moving forward. Unfortunately, prob not going to see anymore BIG designs after this for awhile though, and new starts will def slow down going forward. Inner-city starts may still do decently well considering the big shift to inner-city living that is accelerating here.

Spring2008 · #**191** Posted **Dec 23, 2014, 6:42 PM**

Excavators were tearing apart that small building to the west of Art Central last weekend. Hope to see drilling start early Jan.

Luk_o · #**192** Posted **Dec 23, 2014, 7:39 PM**

Quote:

Originally Posted by Spring2008

Excavators were tearing apart that small building to the west of Art Central last weekend. Hope to see drilling start early Jan.

Tills13 · #**193** Posted **Dec 24, 2014, 9:26 PM**

more pictures, please!

Is there a construction cam for this one?

Chadillaccc · #**194** Posted **Dec 25, 2014, 8:08 AM**

Demolition...

Telus Sky by Chadillaccc, on Flickr

The Fisher Account · #**195** Posted **Jan 12, 2015, 2:49 AM**

Telus Sky

Tills13 · #**196** Posted **Jan 12, 2015, 4:31 AM**

Quote:

Originally Posted by The Fisher Account

Telus Sky

can't wait to see this one rise.

Spring2008 · #**197** Posted **Jan 15, 2015, 1:11 AM**

Construction's underway:

Quote:

Originally Posted by Chadillaccc

Here's the pic. It also looks like they're uninstalling those brutal art pieces on the building that TS will adjoin. Wonder what they're gonna do with them...

Source: Me.

speedog · #**198** Posted **Jan 15, 2015, 4:44 AM**

Those 'brutal' art pieces are just a small part of what's left of the old Herald building (demolished in 1972 and where the Len Werry building now stands) and I suspect they'll reappear in the new TELUS building. Would be a shame to see them lost.

Govertical · #**199** Posted **Jan 15, 2015, 5:52 AM**

I'm glad they're keeping those. Can't wait to see what's done with them.

Chadillaccc · #**200** Posted **Jan 15, 2015, 6:40 AM**

I hope so as well.