SkyCity Centre Winnipeg | 45F | 575 Ft | 175.26 M | Cancelled - Page 71

esquire · #**1401** Posted **Jul 12, 2016, 9:25 PM**

Quote:

Originally Posted by buzzg

Working at a restaurant downtown I talk to a LOT of travellers from out of town and it's crazy how many people have booked at the Malbrough and been horrified when they got there. The pictures online are at least 5 years old so it actually looks pretty good (lets not forget it is beautiful building), but when they get there and see the majority of patrons, try going to the Alt or Radisson.

It's been pretty well known that the owner decided to house the relocation of the flood evacuees because it was guaranteed full-rate money for a few years — no one ever expected it to take this long. As they are now just starting to send some people back home, hopefully as the numbers dwindle, more money will be reinvested and it will turn around. They have actually put quite a bit of money into the main floor and exterior of the newer half, so we could see more change coming.

The Marlborough was getting a bit down at the heels even 10 years ago, so it's probably badly in need of a reno by now. The hotel has good bones, though... the ballrooms on the top floor are amazing spaces. It would be spectacular with a good renovation.

But don't people read reviews? Or perhaps wonder why the Marlborough is $80 a night when the other downtown hotels are double that?

Cyro · #**1402** Posted **Jul 12, 2016, 9:39 PM**

Quote:

Originally Posted by lilwayne

as far as sky city condo goes I went to the sales office today it was really quiet there never seen any potential buyers walk in. I had a chance to look at the floor model and had a lengthy discussion with the salesman. Basically they have between 160 and 170 units sold so far and are hopeful to reach their target of 200 units by October November.. He expressed frusteration over the fact that skycity wasn't listed at other websites like kiji or by real estate agents showing what was available. all clients have to go too the website to even see that skycity is on the market.

also their holding about 30 units for Ontario investors he they are going to release them to probably at the end of the month or next month.

every unit on the top 2 floors is sold... and all the cheap ones except for one are sold aswell.. theres still plent of unit left on the lower floors and I think that the project will proceed I just don't like the idea of putting 10 percent down on a project that hasn't had shovels on the ground yet.. me and the salesmen both agreed that skycity shouldn't be so stupid and release the units to Ontario and get the shovels on the ground.. When this happens everyone knows their getting paid and ppl will want to take the risk of investing knowing tha the thing is getting built.

No issue with the Ontario investors, this is business..

Ouch, a representative of this developer actually said this to you in the actual sales centre ???? Hope they're not following these posts...

lilwayne · #**1403** Posted **Jul 12, 2016, 9:58 PM**

Quote:

Originally Posted by Cyro

No issue with the Ontario investors, this is business..

Ouch, a representative of this developer actually said this to you in the actual sales centre ???? Hope they're not following these posts...

what I meant was that they should stop holding the units and just release them to the Ontario investors already since that would give them the sales boost they need to get the shovels on the ground.

once the shovels are on the ground more people will start buying

Cyro · #**1404** Posted **Jul 12, 2016, 10:25 PM**

Quote:

Originally Posted by lilwayne

what I meant was that they should stop holding the units and just release them to the Ontario investors already since that would give them the sales boost they need to get the shovels on the ground.

once the shovels are on the ground more people will start buying

Thx for the clarification lilwayne, Makes sense now.

Riverman · #**1405** Posted **Jul 13, 2016, 3:13 AM**

Quote:

Originally Posted by lilwayne

what I meant was that they should stop holding the units and just release them to the Ontario investors already since that would give them the sales boost they need to get the shovels on the ground.

once the shovels are on the ground more people will start buying

What do you mean by "release them to the Ontario investors"? Any individual in Canada can invest in any property no matter what province they live in. There is no such thing as releasing to investors.

The salesman was just feeding you a line of bullshit.

FFS DO NOT give these people any of your money!

lilwayne · #**1406** Posted **Jul 13, 2016, 3:55 AM**

not sure what they mean by that exactly

call the skycity salesman to get clarification on it.

apparently they reserved 30 units for some Ontario investment fund or investors not sure man, maybe these are like Ontario companies that are just going to by a ton of units off them than rent them out...

CoryB · #**1407** Posted **Jul 13, 2016, 2:57 PM**

The only way the Ontario investor unit hold back would make sense is if the group somehow fronted some of the costs early on with the agreement to sell those units could be resold before completion. It just wouldn't make sense to have a buyer walk in today and tell them that they can't have a specific unit as there is a hold for some Ontario investors that have yet to be found.

bmyers · #**1408** Posted **Jul 19, 2016, 5:16 PM**

Going on the Radio to chat SkyCity https://twitter.com/benmyers29/status/755414246729678850

bmyers · #**1409** Posted **Jul 19, 2016, 5:24 PM**

Quote:

Originally Posted by bmyers

Going on the Radio to chat SkyCity https://twitter.com/benmyers29/status/755414246729678850

I should have posted this an hour ago!

Cyro · #**1410** Posted **Jul 19, 2016, 6:02 PM**

^ Bummer, Any pre-sale figures you can toss our way as of this week Ben?

Biff · #**1411** Posted **Jul 19, 2016, 6:06 PM**

If you go to CJOB Audio on Demand and select 12:00 pm you can find it by scrolling to the 17 minute mark.

http://www.cjob.com/audio-on-demand/

Cyro · #**1412** Posted **Jul 19, 2016, 6:10 PM**

^ Thx Biff

bomberjet · #**1413** Posted **Jul 19, 2016, 6:11 PM**

I caught a bit of it. Ben said 160. I think we've heard recently they were at 167 from someone who visited the sales office.

bmyers · #**1414** Posted **Jul 19, 2016, 6:57 PM**

Quote:

Originally Posted by bomberjet

I caught a bit of it. Ben said 160. I think we've heard recently they were at 167 from someone who visited the sales office.

In that range, a few deals still in progress and not firm. Summer is always a bit slower at our sales offices across the country.

Design development and costing exercises currently underway. Work on the full construction drawings will begin in the fall. We will start applying for the full set of building permits towards the end of the year.

A few interesting things percolating... stay tuned.

Urban recluse · #**1415** Posted **Jul 19, 2016, 7:10 PM**

When will demo of the St. Regis start?

LilZebra · #**1416** Posted **Jul 19, 2016, 8:03 PM**

Quote:

Originally Posted by esquire

But don't people read reviews? Or perhaps wonder why the Marlborough is $80 a night when the other downtown hotels are double that?

When I had bedbugs in my apt. block in 2011 and didn't want to tell my family, AND I had two cats that I needed to take with me, I stayed at the Marlborough.

I had one incident where a middle-aged aborignal man knocked on my door. I didn't let him in.

Who knows what would have happened?

Ando · #**1417** Posted **Jul 19, 2016, 8:20 PM**

Quote:

Originally Posted by esquire

This says it best for me:

They already built that one.

http://www.renx.ca/images2/13mar7-flyingsaucer-condo.jpg

esquire · #**1418** Posted **Jul 19, 2016, 8:37 PM**

Quote:

Originally Posted by Ando

They already built that one.

http://www.renx.ca/images2/13mar7-flyingsaucer-condo.jpg

Good one

lilwayne · #**1419** Posted **Jul 19, 2016, 10:23 PM**

I think 167 units sold is still pretty good considering it's only been on market for half a year... I can see it reaching 200 in 5 months times.. That's only 6 a month I think that's doable

Urban recluse · #**1420** Posted **Jul 19, 2016, 10:29 PM**

Does anyone think the number would be higher if it was being developed by someone else?