Edmonton Construction 13 (November 2015) - Page 809

Harrison · #**16161** Posted **Dec 15, 2020, 11:20 PM**

Quote:

Originally Posted by Coldrsx

$250k a pop...

Cost is higher due to much higher operational costs than typical apartment units.

Harrison · #**16162** Posted **Dec 15, 2020, 11:22 PM**

Quote:

Originally Posted by GreenSPACE

$20m from Feds for 80 supportive housing units, one building in Wellington and the other near Mill Creek in King Edward Park. GEC is the architect.

https://globalnews.ca/news/7523881/modul...rce=%40GlobalEdmonton&utm_medium=Twitter

Two more in Terrace Heights (along Terrace Road) and in Inglewood along 124 Street. GEC won't be the architect for these, however (they were only hired to do the concept designs, not for construction).

Coldrsx · #**16163** Posted **Dec 15, 2020, 11:23 PM**

Without knowing the details, it likely includes other soft and hard costs... not just the 'price' of the unit.

GreenSPACE · #**16164** Posted **Dec 16, 2020, 3:12 AM**

Quote:

Originally Posted by EdmTrekker

What do I know - but that seems awfully high. The article says this is modular construction built off-site. I wish they could stretch the available dollars further by building more units.

Also the timelines are very tight...must be up and running by next winter.

s211 · #**16165** Posted **Dec 16, 2020, 3:12 PM**

Quote:

Originally Posted by Coldrsx

$250k a pop...

Pft. That's farm league dollars. Vancouver gets the record for wasteful spending on social housing:

https://skyscraperpage.com/forum/showpost.php?p=9112855&postcount=19005

Coldrsx · #**16166** Posted **Dec 16, 2020, 5:00 PM**

Sure, but they also get tens of millions of dollars (sometimes per site) for community/social improvements...with one of the last sites rezoning providing $37mil alone.

CMD UW · #**16167** Posted **Dec 17, 2020, 4:36 PM**

Quote:

Originally Posted by Coldrsx

Sure, but they also get tens of millions of dollars (sometimes per site) for community/social improvements...with one of the last sites rezoning providing $37mil alone.

And is one major part why housing costs what it costs...Costs.Get.Passed.On.To.Buyers

s211 · #**16168** Posted **Dec 17, 2020, 5:38 PM**

Quote:

Originally Posted by CMD UW

And is one major part why housing costs what it costs...Costs.Get.Passed.On.To.Buyers

Oh don't worry. In Vancouver, the planning department had outside planning consultants do a report claiming that's never the case. Instead, land values should drop to compensate!

Sorry, in a hot market, that's just not the case.

CMD UW · #**16169** Posted **Dec 17, 2020, 6:57 PM**

Quote:

Originally Posted by s211

Oh don't worry. In Vancouver, the planning department had outside planning consultants do a report claiming that's never the case. Instead, land values should drop to compensate!

Sorry, in a hot market, that's just not the case.

Ha, of course. Nor is it related to an extremely onerous entitlement process either. It is astounding how difficult it is to add (desperately needed) housing supply in Vancouver - and reading some of the local councillors stances on density, esp. rental product all the while preaching for greater housing 'affordability' at every opportunity.

Coldrsx · #**16170** Posted **Dec 17, 2020, 9:20 PM**

Just read this...

---
Court of Queen’s Bench of Alberta Citation: Ice District Development Partnership v Hahn, 2020 ABQB 786
Date: 20201215 Docket: 2003 15921 Registry: Edmonton
Between:
Ice District Development Partnership, formerly EAD Development Partnership, by its Partners Katz Group Real Estate Inc. and One Properties Corporation; Legends Condo Development Limited Partnership, by its General Partner Legends Condo Development Corp.; Katz Group Properties Inc.; WAM EAD Limited Partnership by its General Partner WAM EAD GP Inc.
Plaintiffs
- and -
Larry Hahn, 1771354 Alberta Ltd., Michael Smith, 2014154 Alberta Ltd., 9676287 Canada Ltd., Adibi Hahn and Medina Hahn
_______________________________________________________
Reasons for Judgment
of the
Honourable Mr. Justice M. J. Lema _______________________________________________________
A. Introduction
[1]
persons, including family members, in the context of missing deposits on condominium-unit sales arranged, in whole or in part, by the realtor. The developer points to its agency agreement
A condominium developer seeks a Mareva injunction against a realtor and associated
Defendants

Coldrsx · #**16171** Posted **Dec 17, 2020, 9:30 PM**

Paramount Site - construction 2022, opens 2024

Once completed, the tower will feature 346 residential suites (approx. 525 residents) above 13,800 sq. ft. of ground floor retail space with most units facing Jasper Avenue for maximum exposure.

About a dozen smaller scale (obviously able to combine them) retail bays on both Jasper & 103st.

https://oneproperties.com/assets/Properties/Paramount/paramount-retail-brochure-september-2020.pdf

Black Star · #**16172** Posted **Dec 17, 2020, 10:10 PM**

When i see it.. i will believe it.

Great location...it would be nice if they did keep the Paramount sign.

Hallsy's Toupee · #**16173** Posted **Dec 17, 2020, 10:31 PM**

If this does go ahead, any relocation ideas for the Remedy? or the Black Ship?

Coldrsx · #**16174** Posted **Dec 17, 2020, 10:46 PM**

Premature given the timelines, but for fun:

Blackship - The old shoe place next to the Wee.

Remedy - I'd love to see it kitty corner in that placement CRU in the Melcor building.

s211 · #**16175** Posted **Dec 17, 2020, 11:21 PM**

Quote:

Originally Posted by Coldrsx

Paramount Site - construction 2022, opens 2024

Once completed, the tower will feature 346 residential suites (approx. 525 residents) above 13,800 sq. ft. of ground floor retail space with most units facing Jasper Avenue for maximum exposure.

About a dozen smaller scale (obviously able to combine them) retail bays on both Jasper & 103st.

https://oneproperties.com/assets/Properties/Paramount/paramount-retail-brochure-september-2020.pdf

I'd give it more of a thumbs-up if they could do a riff on the IPL building cap next door. Not doing that would be a missed opportunity.

kcantor · #**16176** Posted **Dec 17, 2020, 11:31 PM**

Quote:

Originally Posted by Black Star

When i see it.. i will believe it.

Great location...it would be nice if they did keep the Paramount sign.

from the rendering it seems like they're keeping both the marquee and the "theatre box" albeit with an atrium cut into it.

the building itself has no heritage designation but i believe the marquee has a provincial heritage designation.

GreenSPACE · #**16177** Posted **Dec 17, 2020, 11:49 PM**

^Instantly makes your development more interesting incorporating a marquee like that.

CMD UW · #**16178** Posted **Dec 18, 2020, 3:50 PM**

Quote:

Originally Posted by GreenSPACE

^Instantly makes your development more interesting incorporating a marquee like that.

Yes, yes it does. Although it is more difficult and costly to incorporate these into a new development the it's the story behind it that one can (and should) leverage into marketing of the new space, building, etc.

Airboy · #**16179** Posted **Dec 18, 2020, 5:18 PM**

Quote:

Originally Posted by kcantor

from the rendering it seems like they're keeping both the marquee and the "theatre box" albeit with an atrium cut into it.

the building itself has no heritage designation but i believe the marquee has a provincial heritage designation.

I'm wondering if the Marque is a ghost image as we see Remedy in there as well.

I hope this goes ahead. I will miss the Paramount since I saw so many great shows there. But I do hope this does not become another parking lot.

Hallsy's Toupee · #**16180** Posted **Dec 18, 2020, 10:53 PM**

Beljan's latest proposal: https://www.stationparkyeg.com/

Looks good! Kudos to CMD UW and his gang.
Only downer is that the MKT Fresh Food & Beer Market is missing, so I assume it is not long for the world.