Regina Construction III

[BrutallyDishonest2]

Originally Posted by skphc08

Which fast food restaurants in particular are underperforming?

I am running a successful business in HL and while rent may be relatively high compared to the rest of the city the sentiment you have expressed has not been echoed by any of the businesses I have spoke to in the area. Business is good, generally.

I'm not going to specify anymore than that.

But it's important to keep in mind that Grasslands isn't relatively high, it's the highest.

[Regina Boi]

Originally Posted by BrutallyDishonest2

I'm not going to specify anymore than that.

But it's important to keep in mind that Grasslands isn't relatively high, it's the highest.

Lol, You obviously have no clue what you are talking about. Harvard is charging the same per square footage as every other developer for new construction I've talked with. And as I indicated in an earlier post, Harvard's lease terms were far more favorable.

[BrutallyDishonest2]

Originally Posted by Regina Boi

Lol, You obviously have no clue what you are talking about. Harvard is charging the same per square footage as every other developer for new construction I've talked with. And as I indicated in an earlier post, Harvard's lease terms were far more favorable.

Look you can impugn my knowledge all you want. If it makes you feel better you can think I'm a moron who has no idea what's going on.

But the fact is that I do know. And I do know that Harvard asks and gets typically $5 per square foot higher than virtually every other non-mall retail site in the city. So unless you're going to post your lease rate I will continue to call you out.

[skphc08]

Originally Posted by BrutallyDishonest2

Look you can impugn my knowledge all you want. If it makes you feel better you can think I'm a moron who has no idea what's going on.

But the fact is that I do know. And I do know that Harvard asks and gets typically $5 per square foot higher than virtually every other non-mall retail site in the city. So unless you're going to post your lease rate I will continue to call you out.

Are you surprised your "knowledge" was impugned?

You can't provide a source or even a simple example of one claim.

[Regina Boi]

Originally Posted by BrutallyDishonest2

Look you can impugn my knowledge all you want. If it makes you feel better you can think I'm a moron who has no idea what's going on.

But the fact is that I do know. And I do know that Harvard asks and gets typically $5 per square foot higher than virtually every other non-mall retail site in the city. So unless you're going to post your lease rate I will continue to call you out.

I think it's cute how much you claim to know about the city. You must be a very important and influential individual for all these business owners to be confiding in you what their lease rates and sales are. I own and run two very successful businesses in the city (one business I've even expanded into Mexico) and I don't know even a quarter of what you know. I'm very impressed!

Also, I had a little bit of an LOL moment with your comment that Marshalls is under-performing. Now does it really make a lot of sense for TJX Canada to invest millions more in Grasslands to build a Winners/Homesense?

I'll be sure to email you my lease. I'll also send you my tax returns, and my banking information. Seems everyone else does.

[BrutallyDishonest2]

Originally Posted by Regina Boi

I think it's cute how much you claim to know about the city. You must be a very important and influential individual for all these business owners to be confiding in you what their lease rates and sales are. I own and run two very successful businesses in the city (one business I've even expanded into Mexico) and I don't know even a quarter of what you know. I'm very impressed!

Also, I had a little bit of an LOL moment with your comment that Marshalls is under-performing. Now does it really make a lot of sense for TJX Canada to invest millions more in Grasslands to build a Winners/Homesense?

I'll be sure to email you my lease. I'll also send you my tax returns, and my banking information. Seems everyone else does.

You're missing the point. You know about your business you don't know the other businesses and you certainly don't know their leases.

If you're a such a successful businessperson than you shouldn't have too much trouble understanding why a massive corporation like TJX Companies might have the ability to operate differently than smaller firms. Firstly, the face rates for large format retail are nearly half the rate of the small bays. Secondly, "under-performing" doesn't mean losing money or facing ruin or anything. It means they are under under their projections or under their other locations. Thirdly, large corporations have the capital to allow their stores to build momentum. They can afford to wait while sales increase. Lastly, a large corporation can also choose to take the last available space for one of their brands in the knowledge that the sales will develop over time.

All you have to do is walk into Marshalls or walk into the existing Winners. If you can tell me their foot traffic is the same then I'll buy you lunch. It simply isn't. And that goes for a bunch of the other retailers with locations in Grasslands and East Regina.

[BrutallyDishonest2]

Originally Posted by skphc08

Are you surprised your "knowledge" was impugned?

You can't provide a source or even a simple example of one claim.

Nor can you and nor can Regina Koi.

The fact of the matter is that Grassland asks for about $40 per square foot and the high level mark elsewhere in the North and East is about $35. But hell, you can still find space some places on Quance for $25 with much more traffic than Grasslands.

[Regina Boi]

Originally Posted by BrutallyDishonest2

Nor can you and nor can Regina Koi.

The fact of the matter is that Grassland asks for about $40 per square foot and the high level mark elsewhere in the North and East is about $35. But hell, you can still find space some places on Quance for $25 with much more traffic than Grasslands.

This will be my last post on the subject. I AM NOT PAYING $40 PER SQUARE FOOT. The end.

[BrutallyDishonest2]

Originally Posted by Regina Boi

This will be my last post on the subject. I AM NOT PAYING $40 PER SQUARE FOOT. The end.

You mean lease terms are negotiable? Amazing!

Some of your neighbours sure are.

All I originally said was to relay on how you do out there. You got uppity because I relayed some information about some the tenants in the area. You got uppity at the fact that someone else in the city might have different knowledge than you.

Good day.

[one_brick_at_a_time]

Hey gang, does anyone know when they will most likely start developing the Rail yard lands downtown?

[BrutallyDishonest2]

Originally Posted by one_brick_at_a_time

hey gang, does anyone know when they will most likely start developing the rail yard lands downtown?

2018+

[skphc08]

Originally Posted by BrutallyDishonest2

Some of your neighbours sure are.

All I originally said was to relay on how you do out there. You got uppity because I relayed some information about some the tenants in the area. You got uppity at the fact that someone else in the city might have different knowledge than you.

Which neighbours? Are you one of them? How do you know what everybody is paying?

A little context would make your "knowledge" a lot more helpful. If you can't provide specific examples or a source for your assertions, you are contributing little to the discussion.

[BrutallyDishonest2]

Originally Posted by skphc08

Which neighbours? Are you one of them? How do you know what everybody is paying?

A little context would make your "knowledge" a lot more helpful. If you can't provide specific examples or a source for your assertions, you are contributing little to the discussion.

For the same reason that Regina Koi can't disclose his actual lease terms I very well can't give away third party lease terms either. As a rule, however, banks pay the most by a signifcant margin, followed by fast food , general retail and then office uses at the bottom. Additionally large format leases pay significantly less as the majority of their space has little build out.

Suffice it to say, I see a lot of leases. If you don't believe that, oh well, doesn't change my day. Only he knows his actual lease but I guarantee you other tenants are, indeed, paying that much. I don't even know what type of business he runs. I was speaking about the general lease terms.

But the truth is that landlords will very their terms based on the tenant, build-out and desirability. That doesn't change the fact that Grasslands commands top retail rents in the city. He may have negotiated terms better than the ±$40 they set as their benchmark but it does't change the overall facts.

[thefourthtower]

http://leaderpost.com/business/local-business/hungerford-has-big-plans-for-titan-business-park
For its first foray in the Regina real estate market, Hungerford Properties is making a big splash with Titan Business Park, a multi-million-dollar redevelopment of a 176,000 square-foot warehouse and 33-acre property formerly owned by Sears Canada, says Michael Hungerford, a partner in the family owned, Vancouver-based property development company.

“It presents a great opportunity for us to make a statement to the (Regina) market, that we’re committed to the market and that we believe in making strong, long-term commitments like this property represents,” Hungerford said in an interview Monday. “Where some people see challenges, we see opportunities.”

Hungerford Properties was initially attracted to the Sears warehouse and distribution centre by its location, namely 33 acres of prime property in the heart of Regina’s industrial district, Ross Industrial Park, which is close to major highways and rail lines.

“That flexibility is important to attracting tenants, whether it’s extra yard (space) that they need or to able to bring more businesses into the city by providing subdivided parcels of one to 10 acres.”

But the key to the deal is the 176,000-square-foot warehouse facility that will form the nucleus of Titan Business Park. “It’s a fantastic, high-quality building that we’re going to be improving and bringing to the market for multiple tenants.”

The plan is to reconfigure the existing warehouse building into smaller spaces — 12,000 square feet and up — and make them available to industrial or commercial tenants. “For larger users and for small businesses, we’ve got the flexibility to accommodate them all. That’s part of our strategy.”

But redeveloping the adjacent 90,000-square-foot automated warehouse building — a Regina landmark for more than 40 years — is not part of the strategy.

“We looked at this from every angle possible to try to salvage the high-bay building,” Hungerford said. “Unless you can make use of 1970s technology — which companies today are not prepared to do — it’s really obsolete.”

Hungerford said the old automated warehouse will be recycled as part of the new development or as sold as scrap material. “The high-bay facility will be coming down in short order,” Hungerford said. “The silver lining for us is that over 96 per cent of that building will be diverted from landfill and will be reused.”

For example, the metal cladding on the building could be sold for scrap, while the concrete can be reused as a foundation for paving. “Things like that we can try to reuse, repurpose and recycle. That’s something that we try to do in all of our projects as much as possible. It makes economic sense and it’s good for the environment.”

Glen Hill, an industrial real estate specialist with Colliers International in Regina, said the automated warehouse, which was used to store and distribute “big ticket items,” like carpet and appliances, hasn’t been used in more than a decade. The building, which is eight storeys high, is filled with steel racking, which supports the walls. “It was state-of-the art in the 1970s. There were people from Japan and Europe that came here and learned how to build their own facilities.”

Vince Power, a spokesman for Sears Canada, said Sears will continue to operate out of a portion of the existing warehouse space.

“We have a local (Regina and area) home delivery operation running out of Park Street as well as a ‘peddle run,’ where trucks come in to pick up parcels that are destined for deliveries to catalogue merchandise pick up locations throughout Saskatchewan. Those two operations will continue to operate there on a leaseback type of arrangement with the new owners, so (there’s) no impact to Sears customer or employees,” Power said in a statement

bjohnstone@postmedia

[BrutallyDishonest2]

Don't get too excited thefourthtower, the part you bolded is simply talking about the existing building.

[thefourthtower]

http://leaderpost.com/sports/hockey/regi...preparing-a-pitch-for-100th-memorial-cup

The Regina Pats are officially throwing their hat in the ring for the 2018 Memorial Cup tournament.

The Regina Leader-Post has learned that the Pats will inform the WHL office later this week of their intention to bid for the Canadian Hockey League’s showcase event, which celebrates its 100th anniversary in 2018.

The timing coincides nicely with the Pats’ own centennial in 2017-18.

“It’s an opportunity we couldn’t turn away from,” said Pats owner Anthony Marquart, whose storied club is named after the Princess Patricia’s Canadian Light Infantry. “We’re the world’s oldest major-junior hockey franchise and intuitively it makes sense that we host the Memorial Cup that year, especially when the Memorial Cup was named after those brave soldiers that fought and died for our country in World War I.

“(The connection) brings out the passion in our organization and we believe it’s the right fit.”



The Memorial Cup is typically staged on a rotation between Canada’s three major-junior leagues: The WHL, OHL and QMJHL.

Red Deer hosted the tournament this spring and Windsor, Ont., has been awarded the 2017 championship.

The WHL’s turn normally wouldn’t come again until 2019.

However, the CHL announced this summer that the 100th Memorial Cup would be open to bidders from all three leagues/regions: The West, Ontario and Quebec.

The Ottawa 67’s have already gone public with their intent to pursue the event, coinciding with the franchise’s 50th anniversary. The Oshawa Generals have also expressed interest.

Regina is the first WHL suitor to be revealed and Marquart is taking the opportunity to heart, expressing his desire to host “the greatest Memorial Cup in history.”

“It’s no small undertaking,” he admitted. “There will be a number of people involved with assisting and putting together our application. That’s one great thing about Regina, the ability for people to come together to pull off great events. We’re putting together a team as we speak. We feel very confident that we’ll have the right people in place.”

According to the national guidelines released by the CHL on July 6, interested clubs must submit their intent to bid for the 2018 Memorial Cup by Sept. 1, 2016.

Each league is to conduct its own bid process and submit a maximum of two finalists by Nov. 15.

From there, the CHL is to release its short list no later than Nov. 30. Following the subsequent bid presentations, a national selection committee is slated to choose the 2018 host city by the first week of February.

“The application is substantial in terms of what we need to achieve,” said Marquart. “It’s certainly going to be a team effort.”

One of the main criteria is to ensure that the host team can put a championship-calibre squad on the ice. Fortunately, Regina is approaching the peak of its competitive cycle under the guidance of head coach and general manager John Paddock.

The Pats are hoping to be among the WHL’s top teams this season and again in 2017-18, building their club around a strong nucleus which includes first-round NHL draft pick Sam Steel.

Regina last played host to the Memorial Cup in 2001, when the team was owned and operated by the Parker family. The Parkers sold the franchise in the spring of 2014 to Marquart and four other local businessmen — known collectively as Queen City Sports and Entertainment Group (QCSEG).

One of their biggest challenges could be the team’s home arena, the aging Brandt Centre, which required significant upgrades for the 2001 Memorial Cup, including the addition of temporary seating. That brought the building’s capacity to about 7,000, which is in line with the Enmax Centrium in Red Deer.

Saskatoon hosted the 2013 tournament at SaskTel Centre, which holds 15,000 people.

The 6,200-seat Brandt Centre turns 40 next year and would need another substantial facelift — with a short turnaround time — for the 2018 Memorial Cup.

“We’re currently working with the Western Hockey League to understand the basic requirements that we will ensure are in place before we can be considered a serious contender in hosting the Memorial Cup,” said Marquart, the president of QCSEG. “We’re not certain who the other applicants may be throughout the country or the quality of their facilities. We’ve been told, though, that improvements are required at the Brandt Centre.”

[email protected]

​

[thefourthtower]

Originally Posted by brutallydishonest2

don't get too excited thefourthtower, the part you bolded is simply talking about the existing building.

stop being so negative on everything

[BrutallyDishonest2]

Originally Posted by thefourthtower

stop being so negative on everything

LOL. I'm simply helping you parse articles better. There's nothing negative about pointing out that it's not a construction project!

[jigglysquishy]

Originally Posted by thefourthtower

stop being so negative on everything

He's not wrong though.

The site has immense potential, but so far I haven't seen anything outside of talk.

The Memorial Cup news is exciting. It's a fantastic week long hockey party and it's always nice to have thousands of tourists in town. The one in Saskatoon in 2013 was phenomenal.

[W.W. La Chance]

Originally Posted by jigglysquishy

He's not wrong though.

The site has immense potential, but so far I haven't seen anything outside of talk.

The Memorial Cup news is exciting. It's a fantastic week long hockey party and it's always nice to have thousands of tourists in town. The one in Saskatoon in 2013 was phenomenal.

I'm not really a hockey fan and the arena isn't exactly near the action, but I don't remember the Memorial Cup in Saskatoon at all.