Regina Construction III

[BrutallyDishonest2]

Originally Posted by blacktrojan3921

I think it would make more sense to retrofit it to either turn it into a modern office complex or have it be used for warehouse lots.

Tearing it down is a huge fucking waste.

Well then I guess you put up the $60M+ it would require.

As it stands now the building does not work for residential, unless each unit is a bowling alley.

[Missinglink]

Originally Posted by BrutallyDishonest2

Well then I guess you put up the $60M+ it would require.

As it stands now the building does not work for residential, unless each unit is a bowling alley.

So is this your personal opinion or do you have access to some factual data for the 60M+ number that you would like to share?

[BrutallyDishonest2]

Originally Posted by Missinglink

So is this your personal opinion or do you have access to some factual data for the 60M+ number that you would like to share?

Basic construction costs for renovations are between $60-$100 psf. Residential is on high end and a lot more expensive, at least $120 psf.

500,000 x 120 = $60M. It's probably $80M+

[aberrant]

Exactly. It would cost a fortune.

500,000 sq ft of dingy old warehouse space is just an absurd amount of space to redevelop given the amount of space already available on the market for retail, office and residential.

I wish it wasnt so, but that is the reality.

Look at recent redevelopment projects. Old superstore (mostly govt tennants), old galleria (federal govt is the tennant), and old bay (mostly govt tennants).

[BrutallyDishonest2]

Originally Posted by aberrant

Exactly. It would cost a fortune.

500,000 sq ft of dingy old warehouse space is just an absurd amount of space to redevelop given the amount of space already available on the market for retail, office and residential.

I wish it wasnt so, but that is the reality.

Look at recent redevelopment projects. Old superstore (mostly govt tennants) and old galleria (federal govt is the tennant), old bay (mostly govt tennants).

Yep.

The only luck the warehouse would have is if government wanted it. And with the only real people looking for newer space is SaskPower and the Police. But then what would you do with those spaces.

[one_brick_at_a_time]

Any word on the Conexus Wascana Park design?

[Stormer]

Originally Posted by BrutallyDishonest2

Yep.

The only luck the warehouse would have is if government wanted it. And with the only real people looking for newer space is SaskPower and the Police. But then what would you do with those spaces.

It is adjacent to SaskPower's existing (too small) warehouse and yards.

[jigglysquishy]

SaskPower's downtown location at least makes sense to convert to condos

[Stormer]

Originally Posted by jigglysquishy

SaskPower's downtown location at least makes sense to convert to condos

Or hotel. It has a very narrow hotel-like floor plate.

[skphc08]

Originally Posted by Missinglink

So is this your personal opinion or do you have access to some factual data for the 60M+ number that you would like to share?

He just wants you to know how smart he is. Usually states what appears to be an opinion but often has some solid data or logic behind it. Funny, almost never a reference though...

[BrutallyDishonest2]

Originally Posted by skphc08

He just wants you to know how smart he is. Usually states what appears to be an opinion but often has some solid data or logic behind it. Funny, almost never a reference though...

Aww, did realty not fit your narrative? Poor baby.

Go look up the Altus or BYT Cost Guide yourself. Or just ask your insurer what the replacement cost is for your crappy house.

[jigglysquishy]

For reference, 500,000 square feet is roughly the size of all three Hill Towers combined.

[thefourthtower]

http://saskatoon.ctvnews.ca/census-shows...ant-population-in-saskatchewan-1.3648816.

Saskatchewan has a growing immigrant and Indigenous population, according to Statistics Canada’s 2016 census data.
Of the one million people who live in the province, 10.5 per cent were born in a different country.
The majority of Saskatchewan immigrants are from the Philippines, India, China and United Kingdom.
The percentage of new immigrants living in Saskatchewan reached four per cent, up from one per cent 15 years earlier.
The census also provided recent numbers on the Indigenous population.
More than 15 per cent of Saskatchewan’s population identifies as Indigenous.
According to Statistics Canada, since 2006, Saskatchewan’s Indigenous population has grown more than 20 per cent.
Saskatoon has a higher Indigenous population than Regina, with 9,700 more people identifying as Indigenous.
The census data was released on Wednesday.

[thefourthtower]

https://www.winnipegfreepress.com/local/...portion-of-new-immigrants-453034843.html

Regina leads the nation

[Drofmab]

Originally Posted by PhotoJim

I wouldn't rule Canada out. Amazon is already having some consequences from the change in appetite in the U.S. for immigrants. (A friend of mine works for them with a TN visa, and they're sponsoring his green card so that he gets rid of uncertainty; they probably wouldn't have bothered if not for all these changes.) With Canada being quite welcoming to professional immigrants, and Calgary and Toronto being quite ethnically welcoming, and convenient to access from Seattle (both have non-stop flights; Toronto has better access to a talented employee pool, including from nearby Kitchener-Waterloo-Cambridge, but Calgary is a very short flight from Seattle and can be driven in a day [I just did that earlier this month]. I'm not sure Canada will get this second headquarters, but I think Amazon would be unwise not to think long and hard about it.

Ottawa's pitch video for Amazon HQ2 is impressive. I've lived there - they're really not stretching the facts mentioned in the video. While I initially thought Ottawa was a looooooong shot, I actually think it checks a lot of Amazon's boxes.

• 1.3million metro;
• waterfront space available downtown for an 8million sqft campus with capacity for 50,000 people;
• campus is at the junction of their new light rail/transit corridor;
• 4 universities & 5 colleges;
• natural recreational (white water; skating; hiking; etc) options within a 5min walk of the campus;
• vast cycling paths;
• 130+ embassies;
• 200million people within a 2 hour flight;
• YOW is consistently in the top 3 airports in North America (overall), and top 3 with fewer than 5million passengers;
• 2nd highest concentration of IT professionals & scientists in north america;
• most educated populace in Canada;
• access to numerous government offices;
• US embassy within walking distance;
• etc

They're far from a shoe-in - Calgary & Toronto give them a run for their money among the Canadian contenders - but they aren't the long-shot I originally thought.

[blacktrojan3921]

Originally Posted by Drofmab

Ottawa's pitch video for Amazon HQ2 is impressive. I've lived there - they're really not stretching the facts mentioned in the video. While I initially thought Ottawa was a looooooong shot, I actually think it checks a lot of Amazon's boxes.

• 1.3million metro;
• waterfront space available downtown for an 8million sqft campus with capacity for 50,000 people;
• campus is at the junction of their new light rail/transit corridor;
• 4 universities & 5 colleges;
• natural recreational (white water; skating; hiking; etc) options within a 5min walk of the campus;
• vast cycling paths;
• 130+ embassies;
• 200million people within a 2 hour flight;
• YOW is consistently in the top 3 airports in North America (overall), and top 3 with fewer than 5million passengers;
• 2nd highest concentration of IT professionals & scientists in north america;
• most educated populace in Canada;
• access to numerous government offices;
• US embassy within walking distance;
• etc

They're far from a shoe-in - Calgary & Toronto give them a run for their money among the Canadian contenders - but they aren't the long-shot I originally thought.

Honestly, any Canadian city, including the fore-mentioned, have a slim chance of getting Amazon's HQ2 for one simple reason: Subsidies.

I'm not familiar with the tax codes for Canada and the US, as well as supplying subsidies for businesses, but I can't help but think that Canada as a whole is more stingy when it comes to using the subsidized money for corporations.

[skphc08]

Does anyone know what is the nature of the work being done behind Golden Mile Mall?

[Stormer]

[QUOTE=blacktrojan3921;7965482]Honestly, any Canadian city, including the fore-mentioned, have a slim chance of getting Amazon's HQ2 for one simple reason: Subsidies.

I'm not familiar with the tax codes for Canada and the US, as well as supplying subsidies for businesses, but I can't help but think that Canada as a whole is more stingy when it comes to using the subsidized money for corporations.[/QUOTE]

Except in Quebec. They even subsidize cement plants there (but only if the owners are well connected).

[Drofmab]

Originally Posted by skphc08

Does anyone know what is the nature of the work being done behind Golden Mile Mall?

I assumed it's just utility connection to the new apartments/condos on Rae. Not certain though.

[Drofmab]

[QUOTE=Stormer;7965724]

Originally Posted by blacktrojan3921

Honestly, any Canadian city, including the fore-mentioned, have a slim chance of getting Amazon's HQ2 for one simple reason: Subsidies.

I'm not familiar with the tax codes for Canada and the US, as well as supplying subsidies for businesses, but I can't help but think that Canada as a whole is more stingy when it comes to using the subsidized money for corporations.[/QUOTE]

Except in Quebec. They even subsidize cement plants there (but only if the owners are well connected).

Your point is valid, but you're being polite.
In the QC context, "subsidize" = "kick-backs/protection fees" & "well-connected" = "organized crime/corrupt union bosses."