Edmonton Construction 13 (November 2015) - Page 301

Black Star · #**6001** Posted **Jan 19, 2017, 9:25 PM**

Quote:

Originally Posted by 240glt

I'm suprised they're still pushing forward with that. We'll see if it comes to fruition or just ends up another DC site in the for sale pile

True...surprised myself. Haven't heard squat about this in a long time and then this.

Hallsy's Toupee · #**6002** Posted **Jan 20, 2017, 4:52 AM**

Edmonton planners back new plan to sell marginal parkland for 80-storey tower
http://edmontonjournal.com/business/comm...ll-marginal-parkland-for-80-storey-tower

SHOFEAR · #**6003** Posted **Jan 20, 2017, 5:01 AM**

Lolz

Black Star · #**6004** Posted **Jan 20, 2017, 8:30 AM**

I cant take this shit seriously when they put out a goofy rendering like this lol.

Albicaulis · #**6005** Posted **Jan 20, 2017, 4:00 PM**

I think we can file this one under "Urbia".

Urban recluse · #**6006** Posted **Jan 20, 2017, 5:34 PM**

It looks like an Australian city (in a great way). Is this proposal not to be believed?

s4.audios · #**6007** Posted **Jan 20, 2017, 6:21 PM**

I think the building looks great other than that fin at the top.. which I think is just a weird lighting perception and not actually part of the building?

It is extremely ambitious, but the fact that it is residential and hotel and not commercial makes it doable.

Hallsy's Toupee · #**6008** Posted **Jan 20, 2017, 9:11 PM**

Toronto developer moving ahead with downtown Edmonton luxury high rise
http://edmontonjournal.com/business/real...-with-downtown-edmonton-luxury-high-rise

Quote:

Toronto developer Brad Lamb says Alberta’s economy is on the mend and he’s moving ahead this year with two downtown Edmonton residential towers.

Construction will start this summer or fall on Jasper House, a 37-storey luxury building slated for what has been parking lots along 106 Street north of Jasper Avenue, the president and owner of Lamb Development Corp. says.

“The environment in Alberta has not been kind to real estate developers of any kind in the last two years, but it’s changing,” he says.

“It’s not clear sailing in Alberta, but it’s way better than it was.”

He expects the 240-unit tower will be completed in about 2020, a year later than originally planned because of the energy industry downturn.

One- to three-bedroom condos are being advertised starting at $285,900.

Meanwhile, a public meeting is scheduled Wednesday to discuss rezoning the property next door for Lamb’s approximately 40-storey, 320-unit North Tower, although with a dozen projects across Canada in the pipeline he likely won’t start marketing it until 2018.

He estimates rezoning work will cost $1.5 million, but will boost the land value. He hasn’t decided if the tower will have rental apartments or condos, which aren’t selling as quickly as they were a few years ago.

Still, he has faith in the provincial capital’s future.

“I have lived through three bad real estate recessions in Canada … What I have learned is that they end, and when they end, real estate prices rise above what they were when it started, so I’m a big believer in Edmonton,” says Lamb, who got a realtor’s licence in 1988.

“Long term, it’s my intention to remain … I clearly see this (downturn) as going to end soon. I look at oil at $50-$55 a barrel, and I think it’s actually over.”

Coldrsx · #**6009** Posted **Jan 20, 2017, 10:11 PM**

^If true, that is a HUGE thing for our DT.

MalcolmTucker · #**6010** Posted **Jan 20, 2017, 11:04 PM**

He would have to give back deposits if he didn't plan to start eventually ... That being said, Calgary's did get out of the ground eventually. He is notorious for delays in Toronto and seems to be replicating that pattern.

240glt · #**6011** Posted **Jan 20, 2017, 11:21 PM**

^ We'll see. Developers will never say what's really going on and Gordon Kent is less a reporter and more a shill/ propagandist so this ain't legitimate news. Market is down on anything luxury and that's generously a "C" location for something like that.

We'll see

Hallsy's Toupee · #**6012** Posted **Jan 22, 2017, 12:20 AM**

ICE District Tower B pit in foreground; Stantec and JW towers plus Rogers Place in background; COE tower shrouded in fog

Hallsy's Toupee · #**6013** Posted **Jan 22, 2017, 12:32 AM**

I really like how Stantec's retail podium is looking

Black Star · #**6014** Posted **Jan 22, 2017, 2:43 AM**

I like the curvature and sleekness of it. By the initial rendering I think it will be clear glazing.

SpongeG · #**6015** Posted **Jan 22, 2017, 10:46 AM**

Quote:

Originally Posted by Airboy

don't know how this missed my notice. Far NW Alberta, west of Manning. Yah its not Edmonton but it is being serviced from Edmonton.

Iron / Vanadium Mine and Mill Buildings

https://www.ironstoneresources.com/

oh tei think I heard about that a couple years ago, they were saying its chinese company

CMD UW · #**6016** Posted **Jan 22, 2017, 3:48 PM**

Quote:

Originally Posted by s4.audios

I think the building looks great other than that fin at the top.. which I think is just a weird lighting perception and not actually part of the building?

It is extremely ambitious, but the fact that it is residential and hotel and not commercial makes it doable.

While I do not question Aldritt's financial capacity to pull this off, regardless it has to make 'economic' sense to justify the investment. Given the scale of the project I question whether the market is there to support it. Place me in the "Prove me wrong category" just like I have with the Edmontonian proposal.

kcantor · #**6017** Posted **Jan 22, 2017, 5:54 PM**

Quote:

Originally Posted by CMD UW

While I do not question Aldritt's financial capacity to pull this off, regardless it has to make 'economic' sense to justify the investment. Given the scale of the project I question whether the market is there to support it. Place me in the "Prove me wrong category" just like I have with the Edmontonian proposal.

while i am not party to aldritt's financial capacity, i am quite familiar with the outside doubt regarding qualico's ability to pull off epcor tower...

as for whether the market is there, this proposal is much like others already under construction. there might not be a market deep enough for an office tower of stantec's height or a hotel the height of j.w.marriott but in combination with the residential components - and with the synergy those other components provide - this one seems achievable to me...

as for the edmontonian, the issue isn't one of height or even combining uses in order to reach it. i think the issue for the edmontonian is simply a site that is too small to provide the core services and site services needed in order to be able to combine those uses (i.e. lobbies, exit stairs, elevator cores, mechanical shafts, loading etc.). that's not to say there won't be similar issues for aldritt to solve, just that the space needed to solve them is actually available.

CMD UW · #**6018** Posted **Jan 23, 2017, 2:48 AM**

Quote:

Originally Posted by kcantor

while i am not party to aldritt's financial capacity, i am quite familiar with the outside doubt regarding qualico's ability to pull off epcor tower...

as for whether the market is there, this proposal is much like others already under construction. there might not be a market deep enough for an office tower of stantec's height or a hotel the height of j.w.marriott but in combination with the residential components - and with the synergy those other components provide - this one seems achievable to me...

as for the edmontonian, the issue isn't one of height or even combining uses in order to reach it. i think the issue for the edmontonian is simply a site that is too small to provide the core services and site services needed in order to be able to combine those uses (i.e. lobbies, exit stairs, elevator cores, mechanical shafts, loading etc.). that's not to say there won't be similar issues for aldritt to solve, just that the space needed to solve them is actually available.

Like I said prove me wrong.

s13 · #**6019** Posted **Jan 23, 2017, 4:43 PM**

^ hopefully the new Hyatt does really well in the quarters, might go a long way to helping Aldritt secure a hotelier and financing for their tower...

Coldrsx · #**6020** Posted **Jan 23, 2017, 5:12 PM**

The Armature opening is at 415 on 96st if you are interested and also join after at the Hyatt. See you there.