Edmonton Construction 13 (November 2015) - Page 261

noodlenoodle · #**5201** Posted **Nov 3, 2016, 6:29 PM**

Or the City of Edmonton is killing two birds with one stone: stopping the $50,000 annual maintenance of a deteriorating, not-commercially-viable building while providing much needed construction staging area without needing to appropriate or rent one of the nearby parcels it doesn't own.

240glt · #**5202** Posted **Nov 3, 2016, 6:31 PM**

^^ think the difference tho is that the city owns that land and it is next to the construction zone. They've already filled up the lot just east of there with construction trailers and equipment.

And both those buildings are in terrible shape. It's just time for them to go unfortunately

^ yup 100%

Daveography · #**5203** Posted **Nov 3, 2016, 7:02 PM**

Quote:

Originally Posted by noodlenoodle

Or the City of Edmonton is killing two birds with one stone: stopping the $50,000 annual maintenance of a deteriorating, not-commercially-viable building while providing much needed construction staging area without needing to appropriate or rent one of the nearby parcels it doesn't own.

Didn't they buy it for just this purpose, though? I could be wrong, but I don't think they owned it up until recently.

s4.audios · #**5204** Posted **Nov 3, 2016, 7:19 PM**

I hope they 'accidentally' tear down that awful liquor store as well..

240glt · #**5205** Posted **Nov 3, 2016, 7:24 PM**

Demo permit for the liquor store was already issued I thought ?

Liquor store moving a block north of its current location

rapid_business · #**5206** Posted **Nov 3, 2016, 7:26 PM**

Fixed that for you:

Quote:

Originally Posted by Daveography

This one will be very interesting to watch unfold, since, so far as a city, don't have any examples TOD yet that we can point to.

The reality is as much as TOD developments can work, outside of Toronto and Vancouver, there is little to no TOD development. Why? Because people are not willing to pay a premium to live near a transit station alone in mid-size Canadian cities, traffic isn't as bad, and alternative housing costs are not out of reach. The premium works if there are adjacent amenities as well that justify the higher per sq. ft price: ie. downtown, river valley views and access, strong adjacent commercial street, etc. As much as Fort Road and Century Park were failures due to the chief developers involved, the market has shown that TODs with the amenity of transit alone isn't worth a premium in Edmonton. Is it a benefit? Absolutely. And this is coming from a big LRT fan. But you won't get an additional $100/sq ft. because of transit alone. I hope Regency understands this. They sure paid a lot for that parcel of land.

Black Star · #**5207** Posted **Nov 3, 2016, 8:25 PM**

Quote:

Originally Posted by Daveography

^ I don't know if the demolition is a bad thing in itself, but the reasons and process leading up to it was kinda fucked.

Agree. This sitting City Counsel is a bit of a mess. Whats next.

A Glass partition in counsel chambers.

Daveography · #**5208** Posted **Nov 3, 2016, 9:04 PM**

^ Yeah not happy about that one either, but I think the decision on the Artery land and buildings was Admin, not council.

Daveography · #**5209** Posted **Nov 4, 2016, 1:37 AM**

Quote:

Originally Posted by rapid_business

The reality is as much as TOD developments can work, outside of Toronto and Vancouver, there is little to no TOD development. Why? Because people are not willing to pay a premium to live near a transit station alone in mid-size Canadian cities, traffic isn't as bad, and alternative housing costs are not out of reach. The premium works if there are adjacent amenities as well that justify the higher per sq. ft price: ie. downtown, river valley views and access, strong adjacent commercial street, etc. As much as Fort Road and Century Park were failures due to the chief developers involved, the market has shown that TODs with the amenity of transit alone isn't worth a premium in Edmonton. Is it a benefit? Absolutely. And this is coming from a big LRT fan. But you won't get an additional $100/sq ft. because of transit alone. I hope Regency understands this. They sure paid a lot for that parcel of land.

Speaking personally (not as an HCL rep or anything), that's my concern overall. If TOD is not taking off as a concept on established LRT lines, what makes this one different? Regency certainly has the means to build it, but is the market there?

The article is online now:
http://edmontonjournal.com/news/local-ne...olyrood-property-next-to-valley-line-lrt

Quote:

...the developers indicated during a meeting last month that they’re looking at erecting seven towers, one 26-storeys tall and the rest between 22 and 24 storeys.

They also want to put in apartments less than six storeys high and townhouses...

Mikemike · #**5210** Posted **Nov 4, 2016, 4:28 PM**

Re: holyrood, I suspect TOD will do better here where it's better integrated into an existing attractive neighbourhood, and being closer to the core won't hurt either.

Sounds like it will be a solid row of towers along 83, with the low-rise in between the high-rise and the alley.

240glt · #**5211** Posted **Nov 4, 2016, 6:05 PM**

I hope that the development model allows for a wide mixture of housing, including a social housing component. The area is a mix as-is and could certainly support it, along with different types of market housing.

This build-out, if it proceeds will likely take a decade or more. But I'd say it's the most likely to happen. I think people are going to be horribly disappointed with what ends up happening at Bonnie Doon mall

Xelebes · #**5212** Posted **Nov 4, 2016, 6:43 PM**

Well, taxes are going up on Capilano Mall.

http://www.cbc.ca/news/canada/edmonton/c...capilano-mall-s-property-taxes-1.3836859

240glt · #**5213** Posted **Nov 4, 2016, 6:47 PM**

^ yup. Because what's there now is a hell of a lot more valuable than what was there before.

So in spite of the owner fighting the tax increase, it's a positive reflection on the value of the property after the redevelopment, and every single CRU is occupied, unlike the half vacant mall that was there before

Hardhatdan · #**5214** Posted **Nov 4, 2016, 9:44 PM**

I wanted Cap Mall to get a proper redevelopment, something a bit unique, but it fell prey to the easy answer of power centering, but what works in Edmonton works.
Liquor Depot has a top notch growler bar...so it ain't all bad.

ue · #**5215** Posted **Nov 4, 2016, 10:01 PM**

Quote:

Originally Posted by Hardhatdan

I wanted Cap Mall to get a proper redevelopment, something a bit unique, but it fell prey to the easy answer of power centering, but what works in Edmonton works.
Liquor Depot has a top notch growler bar...so it ain't all bad.

Unfortunately I don't think there's demand for much else in Capliano yet. And the trend is away from neighbourhood malls towards neighbourhood power centres. It's only regional malls that have staying power now. I don't really like this paradigm but I'm also not surprised by it. That being said, due to location, I could see Bonnie Doon redeveloping into something more than what Capilano, Westmount, Meadowlark, Northtown/gate, and Mayfield have gone through.

240glt · #**5216** Posted **Nov 4, 2016, 10:23 PM**

Quote:

Originally Posted by Hardhatdan

I wanted Cap Mall to get a proper redevelopment, something a bit unique, but it fell prey to the easy answer of power centering, but what works in Edmonton works.
Liquor Depot has a top notch growler bar...so it ain't all bad.

Nice thing about pad sites though is at least they are easily redevelop-able, at least there's stuff there now. And yeah that Liquor Depot is pretty good.. They carry one of my favourite beers, Nelson Brewing Company Honey Ale.. Only place I have found it in Edmonton

Who knows what'll happen at Bonnie Doon.. But I suspect an interim plan followed by a long term plan

Hardhatdan · #**5217** Posted **Nov 4, 2016, 10:26 PM**

As it stand Capilano 2.0 is better than Bonnie Doon right now. The place is hurting.
My major concern is the bowling alley because, well, I don't care about being rational. I like that place.

Alright, I don't really want it to be Capilano 2.0, that seems like a waste with the LRT being right there. A lot more non-vehicular potential.

240glt · #**5218** Posted **Nov 4, 2016, 10:29 PM**

^ the bowling alley kicks ass. Went there with friends for my birthday last month. I thought it would be dead but it was packed. We had a great time

But yeah aside for that there's really not much there, and what is there is a little sad

ue · #**5219** Posted **Nov 4, 2016, 10:35 PM**

I remember Bonnie Doon being fairly busy not too long ago but aside from the lanes and the Safeway, it doesn't seem very well utilized anymore.

etown · #**5220** Posted **Nov 4, 2016, 10:45 PM**

Quote:

Originally Posted by ue

I remember Bonnie Doon being fairly busy not too long ago but aside from the lanes and the Safeway, it doesn't seem very well utilized anymore.

Now that Sears is closing, Bonnie Doon is a perfect candidate for redevelopment. Keep the Safeway, there is a library and public Health centre, public pool across the street, easy access to U of A and future LRT. Build some residential there and I could see it becoming a great little TOD.