SkyCity Centre Winnipeg | 45F | 575 Ft | 175.26 M | Cancelled

[cheswick]

Originally Posted by bomberjet

Oooh, I didn't notice on my bus ride this morning. I usually take a look, but figured they'd just let the 130+ number sit. Good news.

Considering roughly 200 units needed to break ground. It's taken about 4 months to sell the additional 10 units. So if the pace remains they'll be at 200 in two years time. I think they're initial goal was reaching that in 18-24 months time of units going on sale. So slightly below pace but maybe things will pick up in the summer.

[bomberjet]

Pretty slow time of year right now all around. I would expect things to pick up entering the spring and summer, when more people are looking to move.

IIRC, they wanted to hit around 200 units by end of 2016. So another 50-60 units over the next 10 months. That's 1-2 units per week. Which doesn't seem like a huge stretch.

Then of course the task of selling the remaining 200 units. Which I think would be a bit easier if the building was under construction. I would be more inclined to purchase something if it were maybe 1-2 years away from being real. As opposed to putting my money down now and waiting 5 years for the possibility of something happening.

[bomberjet]

Latest board posted on SkyCity Twitter. The colours have me confused again.
https://twitter.com/SkyCityWinnipeg/status/700388394724032512

[Cyro]

Originally Posted by bomberjet

Pretty slow time of year right now all around. I would expect things to pick up entering the spring and summer, when more people are looking to move.

IIRC, they wanted to hit around 200 units by end of 2016. So another 50-60 units over the next 10 months. That's 1-2 units per week. Which doesn't seem like a huge stretch.

Pretty much the case, mid-winter tends to be a quieter time of year for condo/home investments of this kind.

Not worried yet, It was an aprx: target number, with the retail and office tenants an important feature in the equation to proceed. It's a first of it's scope and size. Even if they don't reach their targets by year end they could still push it into the 1st quarter of 2017..

[cheswick]

Originally Posted by bomberjet

Latest board posted on SkyCity Twitter. The colours have me confused again.
https://twitter.com/SkyCityWinnipeg/status/700388394724032512

Firmed sales are red, yellows are in cooling off, blues are combos and greens are holds.

[bomberjet]

Ah thanks. There were moreblues last time. Maybe they change to red after the sale is firmed up?

[cheswick]

Originally Posted by bomberjet

Ah thanks. There were moreblues last time. Maybe they change to red after the sale is firmed up?

That's my assumption. Blue are unsold combos.

So by my count that's 143 confirmed sales, 5 cooling off, and 4 on hold.

[Bluenote]

Originally Posted by cheswick

That's my assumption. Blue are unsold combos.

So by my count that's 143 confirmed sales, 5 cooling off, and 4 on hold.

So technically they are 75% to their goal. Far cry from this time last year with all the " it's a scam ". " no one will buy into it " etc etc.

[Urban recluse]

I am looking forward to seeing the surface lot become a massive hole in the ground; construction too of course.

[Cyro]

Ah yes, the sales boards..

Dec.12th

...
.....
Feb.18th

Originally Posted by cheswick

Firmed sales are red, yellows are in cooling off, blues are combos and greens are holds.

On Hold is interesting, could actually become 147 in short order..

---------------

Just for the hell of it..



EDIT: Are the images appearing? I'm on a crap Wi-Fi device, PC has been down, hence lack of posts and time on site for weeks..Never mind I'll host them

[buzzg]

^The Richardson silhouette is hilarious.

[blueandgoldguy]

The Vaughn and the Albert appear to be the residence of choice for prospective buyers.

[3de14eec6a]

Originally Posted by blueandgoldguy

The Vaughn and the Albert appear to be the residence of choice for prospective buyers.

They're of the cheaper options (Albert being the cheapest), and if they're bought in a combo, the cost per sq ft is pretty good.

[scryer]

Let me get this straight, they're selling units on a building that hasn't been approved yet?

I'm not too familiar with condo sales, so is this normal?

[bomberjet]

That's how condos work. Virtually all the time.

[Only The Lonely..]

I found myself day dreaming about what our skyline would have been like had they built the Hydro tower at Portage & Main and Skycity came into being.

We would have had a much more dramatic skyline, that's for sure.

[Urban recluse]

I completely forgot about that proposal. Yes, what a great addition it would have been. The shorter tower with larger floor plates chosen: mistake.

[crocket]

Originally Posted by esquire

Metro reports that the group behind SkyCity is going to make an announcement by March as to which grocery store will be setting up shop in their complex, among other details:



http://www.metronews.ca/news/winnipeg/20...town-grocery-store-expected-by-spri.html

This is great, 10k feet is decent for an urban grocery store. I do believe a Whole Foods or Urban Fare would do well in Winnipeg. Either way, the more amenities downtown the better.

[Finessing]

Originally Posted by Bluenote

So technically they are 75% to their goal. Far cry from this time last year with all the " it's a scam ". " no one will buy into it " etc etc.

You might want to wait until the thing is built (it won't be) before you start gloating. Find me a single development these guys have built.

[Cyro]

Originally Posted by Finessing

You might want to wait until the thing is built (it won't be) before you start gloating. Find me a single development these guys have built.

I don't believe you can make this assumption either at this time. They are farther along at this point then anybody could have imagined initially. They are apprx: 50 units away from their approximate target for pre-sales. We can all speculate either way but I suggest you let it go for know. Thanks