[Stoney Creek] 860 Queenston Road | ?m | 14 fl | Under Construction

[lachlanholmes]

Originally Posted by LRTfan

I've said this before: I'm VERY nervous about the OMB having reduced powers and cities having more.
Hamilton needs the OMB so builders can build housing that we need. Council is led around the nose by small groups of NIMBYs who only want sprawling suburbs to be built here.

totally agreed- there's a good chance development in Ontario will flatline without the OMB.

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[Innsertnamehere]

A $46 million building permit was issued here in April.

I last drove by about a week ago and didn’t see any signs of construction - but it must be imminent if they are getting their permits issued. Good to see it moving forward, especially with the LRT now running to Eastgate again. This will be easy walking distance from the terminal station.

[johnnyhamont]

edit: wrong thread

[Innsertnamehere]

That's this project, a bit further down Highway 8:

https://skyscraperpage.com/forum/showthread.php?t=230899

[Innsertnamehere]

A rendering for this project from 2016, when it was proposed at 19 storeys. I don't believe it has changed a ton other than had 5 storeys lopped off since.

Also, despite a permit being issued in April, no activity has occurred on site as of Saturday.

[Innsertnamehere]

Jason Thorne tweeted a photo of the groundbreaking for this today with the Mayor in attendance.

[johnnyhamont]

Is this the first time New Horizon has done purpose-built rental?

[Innsertnamehere]

I believe so.

See tweet from Jason Thorne Below:

https://twitter.com/JasonThorne_RPP/status/1440106402949722116?s=20

Get used to scenes like this Hamilton! A 500 metre walk from the future “Eastgate” LRT station … a ground-breaking today for
@LiveNewHorizon
’s new 219-unit rental tower on a former brownfield site w/ 20% below-market affordable units.

[ScreamingViking]

Get used to scenes like this Hamilton!

Hopefully we won't have to get used to five-and-a-half years between proposals and shovels-in-ground.

Though projects in neighbourhoods like this will continue to get a rough ride from area residents, even if they're on a major arterial street.

[Innsertnamehere]

I can report that an excavator was finally on site here last week when I drove by. Took them a while.


[Stoney Creek] 860 Queenston Road | ?m | 14 fl | Proposed >>>> [Stoney Creek] 860 Queenston Road | ?m | 14 fl | Under Construction

[ScreamingViking]

6 years from the proposal to the dig. Six.

Yeah, this one was more controversial than many others, but I commend the developer for their patience.

[Innsertnamehere]

To be fair the last year or so is on their end entirely.. The city issued the first permit here almost a year ago (April 2021). There has been nothing in their way in terms of the City since then, as far as I can tell..

Regardless, it's good to see. Stoney Creek's apartment market seems quite healthy and we seem to be seeing 1-2 large apartment building starts each year in the area - right as The Jackson and Casa Di Torre finish up, this one and Muse are starting.

This one is a rental too, which is particularly unique for a suburban location like this. Really shows how rental buildings are making a come back.

[ScreamingViking]

What's the "norm" between permit issue and construction? And did the pandemic affect the process for many builders?

[Innsertnamehere]

Originally Posted by ScreamingViking

What's the "norm" between permit issue and construction? And did the pandemic affect the process for many builders?

typically permits are issued and construction starts almost immediately, though it varies. Some builders even start without permits (Vrancor does this almost every time and Knightsbridge did it for the McMaster residence downtown).

It depends on financing and contractor availability though, as this is a rental they may have struggled to line up financing for a bit which delayed it getting a true construction start.

[Berklon]

Expect rents to be at around $2,000+/month for just a 1bdrm 600+ sqft unit, and probably $2300+ for a 2bdrm. - not including utilities.

[TheRitsman]

Originally Posted by Berklon

Expect rents to be at around $2,000+/month for just a 1bdrm 600+ sqft unit, and probably $2300+ for a 2bdrm. - not including utilities.

The thing about rentals is they decrease in price over time. All the affordable rentals in Hamilton were premium market rate rentals at time of completion. The big reason we don't have enough rental supply and therefore a contributor to the housing crisis is because we didn't built rental for 20 years.

[urban_planner]

No pictures unfortunately, however when I drove past here today their were 2 shoring rigs on site. I'll be in the city tomorrow morning flying the drone around so if I get a chance I'll take a look from above.

[Berklon]

Originally Posted by urban_planner

No pictures unfortunately, however when I drove past here today their were 2 shoring rigs on site. I'll be in the city tomorrow morning flying the drone around so if I get a chance I'll take a look from above.

Since you'll be sorta in the neighbourhood-ish, any chance you could do a quick drone fly-by on The Jackson on King St? Would love to get a better view of the back.

[urban_planner]

Originally Posted by Berklon

Since you'll be sorta in the neighbourhood-ish, any chance you could do a quick drone fly-by on The Jackson on King St? Would love to get a better view of the back.

If i remember I will.