Saskatoon | River Landing Village | 88m-63m-50m-55m | 18-20-17-13 floors | Completed

[Scruff Bucket]

Nice! It looks like many people have an optimistic view of the future of the real estate market of Saskatoon! Now should be a good time to invest, with a presently cooler market. This response will likely send a positive message to the other developers who are currently idle!

Whether investors of this project will actually live there, or rent/lease or even flip (hopefully to a permanent resident) their properties should inject a healthy number of residences to help fill up some of the neighbourhood's and close by amenities, venues and restaurants/pubs. Eventually, more residences should follow when the office towers are completed and leased (ie. employees/-ers preferring to live close by work, or other people desiring to be close to amenities, shops or necessary services that can arise as the neighbourhood populates and evolves), which should enhance the area's attractiveness (both daytime and night time street activity). A nearby, mid-size to large scale grocer can help, too, but only if it doesn't adversely affect the Farmer's Market!

It would also be beneficial if downtown livelihood would appeal to more young families to reside there, as they seem to be a great motivator for much of the available services where they live outside of downtown, that aren't already downtown. They can also help to encourage/enable/enhance both daily and nightly neighbourhood safety. There's already Kinsmen Play Park, soon-to-be Children's Museum and, across the bridge, Children's (and Adult's) Hospital(s)! Elementary and high schools and day cares can't be too far away?

Originally Posted by prairieguy

Holy Expensive!!
I just got back from the appointment at the sales office....like many on here, my wife and I liked both units D5 and D6. Well the pricing on those is $692,000 (1075 sq ft) and $712,900 (1132 sq ft) respectively. ...

I was going to ask what floor(s) those suites are located?

Edit: Or is that the starting price on the lowest of the specified floors (floors 10-15)?

[saskatoonborn]

So I was looking at the No1 River Landing website and under the Features and Finishes tab I found these little gems:

"16 storey+ modernist glass building containing approximately 100 suites+, designed by Montreal-based Lemay Michaud Architects and Saskatoon-based aodbt Architects"

so I read further and found

"+ Builder reserves the right to change number of floors and units; see Condominium Documents for details. "

Now I am not sure where to find the Condominium Documents but given that they sold out in 4 days there may be some increase to the condo. Do I think they will push it to 27 stories, no, but we could see 19 or 20 (complete speculation), sure why not? It might be hard to increase the size now but its probably not completely impossible.

[skSK]

Originally Posted by saskatoonborn

So I was looking at the No1 River Landing website and under the Features and Finishes tab I found these little gems:

"16 storey+ modernist glass building containing approximately 100 suites+, designed by Montreal-based Lemay Michaud Architects and Saskatoon-based aodbt Architects"

so I read further and found

"+ Builder reserves the right to change number of floors and units; see Condominium Documents for details. "

Now I am not sure where to find the Condominium Documents but given that they sold out in 4 days there may be some increase to the condo. Do I think they will push it to 27 stories, no, but we could see 19 or 20 (complete speculation), sure why not? It might be hard to increase the size now but its probably not completely impossible.

Hopefully not... I quite like this particular building at its current height. The scale, shape, and massing are simple and elegant. Plus I like the height difference between the hotel portion and the condo portion.

Do you think it's an option to incorporate condos in the (larger) office tower?

I agree with others who hope that this will light the fire under other timid developers (and citizens as a whole to consider downtown living as a viable option). Granted, the demand may have been so high because of the building's stellar surroundings, but I think this could mark the start of a trend in downtown... I guess we'll see what happens in the coming months and years.

[mitchellk12]

personally id like to see the old 27 storey condo tower from the previous rendering still be used, even the spot for the middle office tower, or even parcel D/E. with that parcel saying it has to be 25+ storeys to be successful, id like to see something go there sooner than later.

with City centre towers being re-rendered, think there will be something bigger? i can see the office tower being trashed and having 2 new condo towers.

but nice to see it sold out in such short time. this is huge for the city. as i said before, with this project finally going, and with the sold out condo, i think this project will be the catalyst for future development downtown.

[saskatoonborn]

Originally Posted by skSK

Hopefully not... I quite like this particular building at its current height. The scale, shape, and massing are simple and elegant. Plus I like the height difference between the hotel portion and the condo portion.

Do you think it's an option to incorporate condos in the (larger) office tower?

Fair enough. I would like either the east tower or the hotel/condo building to be taller simply to break the contrast of 2 55ish meter towers and a 95 meter tower. I do like that about the old design.

I believe it is quite likely that they throw some condo floors at the top of the taller tower. That way they wouldnt feel the need to try and fill the whole building with business and it might get going sooner. Further it would prevent them from needing to go back to the city, MVA, Urban Capital, engineers and their contractors to get the right approvals and contract re-negotiations required for a larger phase1. Plus they already started on piling.

[prairieguy]

Just a cautionary reminder that the "sell out of condos" is based on a $2500 deposit that is fully refundable after 10 days...after that, balance to 5% of condo value is due after 30 days; another 5% in 6 months; additional 5% in December 2017. Having said that, I am also aware that a waiting list exists as well, for the units, so if some of these initial deposits withdraw their interest, there are others lined up to take their place.

If anyone has an inside line to North Prairie Developments, I would be very curious to hear of their "reaction" to the level of sales activity at No1 River Landing...has this provided them any incentive to move forward with City Centre tower project?

Also, the parcel of land that is on the West side of Sid Buckwold Bridge is zoned for residential tower, I believe...but the city did not have plans to sell this yet. Maybe they should be moving quicker on placing this land for sale, to allow potential developers to act on the more favourable current building construction costs and availability of labour!!

[mitchellk12]

Originally Posted by prairieguy

Just a cautionary reminder that the "sell out of condos" is based on a $2500 deposit that is fully refundable after 10 days...after that, balance to 5% of condo value is due after 30 days; another 5% in 6 months; additional 5% in December 2017. Having said that, I am also aware that a waiting list exists as well, for the units, so if some of these initial deposits withdraw their interest, there are others lined up to take their place.

If anyone has an inside line to North Prairie Developments, I would be very curious to hear of their "reaction" to the level of sales activity at No1 River Landing...has this provided them any incentive to move forward with City Centre tower project?

Also, the parcel of land that is on the West side of Sid Buckwold Bridge is zoned for residential tower, I believe...but the city did not have plans to sell this yet. Maybe they should be moving quicker on placing this land for sale, to allow potential developers to act on the more favourable current building construction costs and availability of labour!!

ive emailed NPD regarding their city centre towers, she usually gives me a brief update whenever i ask for one. i asked if there are any significant major changes since the interest in NO.1 is sold out.

cross our fingers, lets hope this project gets bigger.

[prairieguy]

Great Mitchellk12...keep us posted!

[WoodlandCritter]

Originally Posted by mitchellk12

personally id like to see the old 27 storey condo tower from the previous rendering still be used, even the spot for the middle office tower, or even parcel D/E. with that parcel saying it has to be 25+ storeys to be successful, id like to see something go there sooner than later.

I think keeping the scale more modest and person friendly along the riverbank is important. In the heart of the downtown eat your heart out for height I say. But then again I enjoy dense midsize scaled cities over skyscraper cities myself.
As long as its designed well i'm happy though. That damn apartment building behind the Remai Modern is an eyesore.

[Brutopian]

River Landing condo development sells out in 4 days
Developer calls response 'overwhelming'

CBC News, Nov 21, 2016

This weekend, a steady lineup of buyers swamped the No. 1 River Landing show suite in Saskatoon. By the end of four days, all of the condominium project's 105 suites had been sold.

John Nasser couldn't believe it.

"We were hoping we would get 30 sales in the first weekend," said the president of Saskatoon development company Victory Majors. "We're beside ourselves. It's just very exciting."

[........]

Read more:
http://www.cbc.ca/news/canada/saskatoon/river-landing-condo-development-1.3860751

[rrskylar]

Originally Posted by Brutopian

River Landing condo development sells out in 4 days
Developer calls response 'overwhelming'

CBC News, Nov 21, 2016

This weekend, a steady lineup of buyers swamped the No. 1 River Landing show suite in Saskatoon. By the end of four days, all of the condominium project's 105 suites had been sold.

John Nasser couldn't believe it.

"We were hoping we would get 30 sales in the first weekend," said the president of Saskatoon development company Victory Majors. "We're beside ourselves. It's just very exciting."

[........]

Read more:
http://www.cbc.ca/news/canada/saskatoon/river-landing-condo-development-1.3860751

Good news, now add 10 more floors!

[Brutopian]

Wait list growing for Saskatoon’s River Landing condos on Parcel Y

By Ryan Kessler, Global News
November 22, 2016

Prospective homeowners continue to sign up for the wait list to get into No. 1 River Landing, the sold-out condominium planned for Parcel Y in Saskatoon.

In four days, all 105 suites were sold.

“We never dreamed this would happen with the sales,” said Urban Capital designer Grant Algar, adding that a 30-unit target was expected for the opening weekend.

[........]

Read more:
http://globalnews.ca/news/3082396/wait-l...atoons-river-landing-condos-on-parcel-y/

[KoolKool]

Yea now the homeless will have more place to sleep lol, this project is like exactly 1 block away. It's so funny the others day i drove past by that homeless light house block and i saw someone actually sleep like next to it and sort of camp there .... so what is the point of the freaking light house then lol.

if they sold out so fast then they should add 10 more floor

[saskatoonborn]

Originally Posted by KoolKool

Yea now the homeless will have more place to sleep lol, this project is like exactly 1 block away. It's so funny the others day i drove past by that homeless light house block and i saw someone actually sleep like next to it and sort of camp there .... so what is the point of the freaking light house then lol.

if they sold out so fast then they should add 10 more floor

With recent cuts from the province the Lighthouse has deminished hours and services and has needed to start turning people away... So that was probably it, he had no where else to go and just stayed anyways.

[WoodlandCritter]

Originally Posted by saskatoonborn

With recent cuts from the province the Lighthouse has deminished hours and services and has needed to start turning people away... So that was probably it, he had no where else to go and just stayed anyways.

Are these diminished hours due to the fact they cannot pay staff to run the place?

[prairieguy]

Originally Posted by WoodlandCritter

Are these diminished hours due to the fact they cannot pay staff to run the place?

I believe so....the really ironic (and sad) thing is they had recently done a renovation (in the last year?) to expand their bed capacity (especially for the 'detox' area) and now cannot open it because of funding cuts. So they have space, but not the dollars to open it up.

[Echoes]

Application for east office tower to be considered by the MVA on Dec. 2: http://meewasin.com/about/development/public-notices/applications-for-consideration/

I'll post some screenshots from the submission package.

[Echoes]

Source

[Crisis]

I'd initially thought that the angled office towers portrayed in the early renderings were just some pie-in-the-sky fantasies, however, speaking with an engineer involved in the project, it was confirmed that the office towers are to be angled, as shown in the MVA submission posted above.

Reminds me of a couple of the angled towers in the City Center development in Las Vegas. Pretty cool for 'Toontown.

[saskatoonborn]

Originally Posted by Echoes

Source

Now all we need is a second major development nearby to raise a tower high enough to have this view. Dare to dream forum goers, dare to dream.

Stunning.