Arris - 5th and Third | 142.03m | 42s | Embassy Bosa | Amanat Architect

[GoVertical]

 

[trtcttc]

Most of this seems to rehash stuff that was already announced but good to see they’re seeing more activity. Now we just need more of these projects to start!

East Village bounces back as private investment returns: CMLC - Calgary | Globalnews.ca

East Village developer CMLC says after some troubling times, investors are back buying into Calgary’s unique vision of downtown living.

globalnews.ca

 

[Albertasaurus]

Interested to see what One Properties' plans are.

 

[Mountain Man]

Minto does decent stuff too.

 

[MichaelS]

We have a bit of a preview on the Minto one:

Vita | 24m | 7s | Minto

It looks like Minto is launching an East Village project. I have no idea how accurate this image is, no application has been made, but the project is being marketed to investors in Ontario by the looks of things: https://myinvestmentbrokers.com/projects/east-village/

calgary.skyrisecities.com

I have heard East Village is a lower priority for One Properties though. Who knows how long it will be before we see something from them. Also reading that article, it sounds like the deal with Hines fell apart on the Riff Block.

 

[Mountain Man]

Riff block is still the part I'm most looking forward to. Once that happens and there is more of a destination in EV, things should move quickly.

 

[Albertasaurus]

I wonder if Minto will "value engineer" their project down to a more conventional 6 storey wood frame? That proposal looks great but I could see it being expensive to build...

 

[trtcttc]

This may belong in a different thread but what are people's opinions on why there hasn't been a lot of retail growth for the record population growth we're seeing? UD seems to be the only one the last few years.

 

[badc0ffee]

I would chalk it up to the aftereffects of the COVID era. More people started shopping online, and inflation and stalled wages led to less consumer spending. And for EV specifically, the street life in that part of downtown made it less desirable.

 

[ByeByeBaby]

This may belong in a different thread but what are people's opinions on why there hasn't been a lot of retail growth for the record population growth we're seeing? UD seems to be the only one the last few years.

I disagree with your premise, but I've replied in a different thread:

Calgary Retail Thread

https://renx.ca/good-news-retail-cre-owners-retail-demand-outstrips-supply Retail sales seem to be going strong in Calgary. Despite inflation and higher interest rates, retail seems to be busy as ever. Malls are busy, restaurants and pubs are busy. Even the +15s seem busy. I thought the +15...

calgary.skyrisecities.com

 

[Beltline_B]

Looks like marketing for Calgary condos isn’t limited to just Toronto or Vancouver investors.

 

[trtcttc]

Looks like marketing for Calgary condos isn’t limited to just Toronto or Vancouver investors.
View attachment 550539

Wouldn’t surprise me if that’s just their Vancouver marketing material

 

[Mountain Man]

Sounds like some glass fell off this one over the weekend, not a good sign for a new building.Article