Claridge Icon [505 Preston St] | 143m | 45 fl | U/C - Page 104

OttawaCondo · #**2061** Posted **Sep 2, 2021, 1:52 AM**

Quote:

Originally Posted by OTSkyline

Insides look bare as well.. wonder how the interior construction is coming along.

I thought the new occupancy date was something like Sept-Oct of this year. Doesn't looks like it. Anybody have any info on when that will be?

Occupancy starting in November, 1 floor per week. Not a guaranteed move in date though. For something like the 40th floor, occupancy would be like 48 weeks away , so they have time to complete the interiors for sure

hokiefans · #**2062** Posted **Sep 3, 2021, 11:38 AM**

Quote:

Originally Posted by OTSkyline

Insides look bare as well.. wonder how the interior construction is coming along.

I thought the new occupancy date was something like Sept-Oct of this year. Doesn't looks like it. Anybody have any info on when that will be?

Still on track to begin occupancy in November; owners received letters last week. Work on the balconies has restarted where the glass "connects" to the windows/frames. Also, they were prepping to pour the new curb on the Preston Street side last night when we drove by which will allow them to finish up the sidewalks.

OTownandDown · #**2063** Posted **Sep 17, 2021, 4:15 PM**

So...did Claridge to bankrupt or...

Why is there zero action on the exterior? Those balcony rails have been stagnant for more than two years, approaching three?

Just wild considering the building at Westgate is almost complete in essentially one season.

zzptichka · #**2064** Posted **Oct 7, 2021, 2:20 PM**

Dzingle Bells · #**2065** Posted **Oct 7, 2021, 3:37 PM**

so is Ottawa officially a city now we have one of these photos?!

all kidding aside, very cool shot. just wait till there are three poking through the clouds!

Quote:

Originally Posted by zzptichka

Hamada · #**2066** Posted **Oct 19, 2021, 9:57 PM**

Just wondering if work on the balcony re-started. It is on hold? I do not see any activity for months. I heard a company that make glasses for balcony run out of business is that true?

ponyboycurtis · #**2067** Posted **Oct 20, 2021, 6:45 AM**

Quote:

Originally Posted by Hamada

Just wondering if work on the balcony re-started. It is on hold? I do not see any activity for months. I heard a company that make glasses for balcony run out of business is that true?

If memory serves work on the balconies ended prior to the start of pandemic. I'd say it's been 2 years easily.

OTSkyline · #**2068** Posted **Oct 20, 2021, 1:17 PM**

And occupancy was supposed to start soon. Not sure if they can start that if balconies and railings are still unfinished - seems like it could be a huge liability issue.

"Your unit is ready for occupancy. Feel free to move in! Oh but please don't open your patio door or try to use your balcony okay? Do you pinky promise?"

kwoldtimer · #**2069** Posted **Oct 20, 2021, 1:31 PM**

Quote:

Originally Posted by OTSkyline

And occupancy was supposed to start soon. Not sure if they can start that if balconies and railings are still unfinished - seems like it could be a huge liability issue.

"Your unit is ready for occupancy. Feel free to move in! Oh but please don't open your patio door or try to use your balcony okay? Do you pinky promise?"

Aren't any of the balconies completed? I've been wondering what was delaying occupancy.

SidetrackedSue · #**2070** Posted **Oct 20, 2021, 1:36 PM**

Quote:

Originally Posted by mykl

We've seen this play out before, HERE

Thank you for a pleasant diversion this morning! I'm not feeling like focusing today so following your link (and then links from the comments) I enjoyed a non-Covid distraction. Not a happy story but interesting.

c_speed3108 · #**2071** Posted **Oct 20, 2021, 1:36 PM**

It is possible to get occupancy without the balconies done.

I have seen this in a few new buildings, including another Claridge one quite recently.

Obviously, the balconies would be a no-go zone for occupants until they pass inspection.

I have even heard of a condo where in the early days the residents were issued hard hats that they had to wear coming in and out of their units.

SidetrackedSue · #**2072** Posted **Oct 20, 2021, 1:48 PM**

Quote:

Originally Posted by c_speed3108

It is possible to get occupancy without the balconies done...

I have even heard of a condo where in the early days the residents were issued hard hats that they had to wear coming in and out of their units.

Thanks for sharing that info. That is not what I would have instinctively guessed.

Now to speculate how much profit the owners will make immediately. Housing prices are up a lot in the past 4 years. And original units would have been slightly discounted to the anticipated 2017 value, you'd think it would be easy to double one's money. Or even more.

On the other hand, imagine being a regular Joe buying into that property and selling one's home for March 2018 (allowing lots of time for overrun) and losing out on the real estate boom, plus having to rent a home while waiting for this nightmare to be over. To me, the lesson learned is to not buy into a construction project unless I'm doing so with the intention of flipping or investment, not as a primary or even secondary residence.

As someone without skin in the game, it is interesting to watch what the outcome will be. I hope I live that long. Who knows, maybe when the Icon is finished, the Carling LRT line will opening, increasing the value of the units even more! (More likely, the unit holders will move in just in time for Carling to be torn up for the installation of the rails and "stations".)

Harley613 · #**2073** Posted **Oct 21, 2021, 2:37 AM**

Todays Balcony (Non)Update:

DJI_0605 by harley613, on Flickr

DJI_0606 by harley613, on Flickr

DJI_0607 by harley613, on Flickr

DJI_0608 by harley613, on Flickr

ponyboycurtis · #**2074** Posted **Oct 21, 2021, 3:27 AM**

Holy geez.. They actually put some rectangles up on the rest of the balconies.

We just need to insert some rectangles into those rectangles so we can have some rectangles with our rectangles!

Davis137 · #**2075** Posted **Oct 21, 2021, 1:43 PM**

Man, those Bird's-Eye Views you are posting are all killer, no filler...well done!

rocketphish · #**2076** Posted **Oct 21, 2021, 5:18 PM**

Very much agree. Nice job, Harley.

Do you ever make a cameo in your pics? I keep checking to see if there's a tiny little guy on the sidewalk holding a controller and waving

Harley613 · #**2077** Posted **Oct 21, 2021, 5:51 PM**

Quote:

Originally Posted by rocketphish

Very much agree. Nice job, Harley.

Do you ever make a cameo in your pics? I keep checking to see if there's a tiny little guy on the sidewalk holding a controller and waving

Sometimes when I'm travelling like this one from last weekend

_DSC7096 by harley613, on Flickr

OTownandDown · #**2078** Posted **Oct 21, 2021, 6:20 PM**

Bulgaria! Very cool

Quote:

Originally Posted by Harley613

Sometimes when I'm travelling like this one from last weekend

, on Flickr

Harley613 · #**2079** Posted **Oct 21, 2021, 6:38 PM**

Quote:

Originally Posted by OTownandDown

Bulgaria! Very cool

Missed my flight in Istanbul coming back from Dubai, ended up taking a four day unplanned road trip in Bulgaria, and it was VERY cool actually.

gosouth · #**2080** Posted **Nov 15, 2021, 8:45 PM**

Quote:

Originally Posted by OttawaCondo

Occupancy starting in November, 1 floor per week. Not a guaranteed move in date though. For something like the 40th floor, occupancy would be like 48 weeks away , so they have time to complete the interiors for sure

Any update on occupancy?