zzkwilliamcanada
Active Member
the first Pic is amazing .Well I was wrong. Driller is definitely drilling, cement truck spinning. Lincoln is under construction.
View attachment 621598View attachment 621599
the first Pic is amazing .Well I was wrong. Driller is definitely drilling, cement truck spinning. Lincoln is under construction.
View attachment 621598View attachment 621599
Thanks man! I was pretty happy with it toothe first Pic is amazing .
DP2024-04809 is approved now and past the appeal period.So I did some sleuthing and it turns out Truman has applied for a partial BP for foundation which makes me think they are doing a "Scotia Place" and proceeding with shoring & excavation right away, regardless of appeal period.
Very impressive when you consider the size of Calgary and the fact we aren’t geographically locked like many other cities.
They aren't building on spec. Most Truman developments are pre sold.We all need to write Truman a Christmas card.
They have really put themselves out there and I hope a crazy US-Trump thing doesn't derail the Canadian Dollar, Canadian Economy, and Canadian Oil. Truman is on a limb but damn do I commend their courage.
So I guess what could suffer then is Truman's next wave. I don't recall them having anything proposed but not under construction downtown. Broward, 1900, Imperia, First and Tenth, and Lincoln (I'm forgetting one) are all underway.They aren't building on spec. Most Truman developments are pre sold.
They have an enormous development planned called Stampede Station, on Macleod... I think between 15th and 17th. Mixed use residential and hotel. No renders yet, but now that all their current inner city projects are underway, I imagine we'll be seeing something about it soon.So I guess what could suffer then is Truman's next wave. I don't recall them having anything proposed but not under construction downtown. Broward, 1900, Imperia, First and Tenth, and Lincoln (I'm forgetting one) are all underway.
Right, they're behind that... Thank you!They have an enormous development planned called Stampede Station, on Macleod... I think between 15th and 17th. Mixed use residential and hotel. No renders yet, but now that all their current inner city projects are underway, I imagine we'll be seeing something about it soon.
I’m not talking about the city as a whole, only the 3357 being added to a relatively small core.Not really. It's not 3357 units being delivered in a year. It's averages to a 1000 units per year at a time when Calgary is adding 80 to 100,000 people every year. Development is slowly catching up to the growth. 60 plus high rises under construction in the city is gonna happen if these population numbers continue for the next decade; the bulk of which will happen in the core neighbourhoods.
Total units in Calgary completed annually are about 20,000 in 2024 I think. More typical range is 12,000-15,000 units complete a year. So 1,000 in the city centre is about 5% of annual units at our current pace.I’m not talking about the city as a whole, only the 3357 being added to a relatively small core.
For the whole city, yes, it’s not very much in a city growing as fast as Calgary.
I think overall it's impressive. Core growth might only be 5% typically, but 5% of the city's growth in an already developed area (DT and Beltline) that's less than 1% of the city's size sq km, is impressive. I don't think any city outside of the big three is seeing that much consistent growth in an area that size, which I think is what Taurus was getting at.Total units in Calgary completed annually are about 20,000 in 2024 I think. More typical range is 12,000-15,000 units complete a year. So 1,000 in the city centre is about 5% of annual units at our current pace.
Two ways to look at it - a reasonably good number, given how there’s very little growth constraint exists in greenfield, and the outer inner city is also strong and competing for infill.
A lot of that success in the core comes back to your point here, and I agree. I think it has been the case for quite a while, where neighborhoods surrounding the core were seeing growth limited to the odd multi-family and lots of duplexes.Or underperforming number as more mature cities see higher share of growth in the cores - though I don’t know if this is a totally good thing, means there’s limited capacity to grow elsewhere. This may be good if the competition is inefficient sprawl, but may signal a lack of ability to redevelop in good areas too. Therefore the core picks up a greater share of growth.
A lot of that success in the core comes back to your point here, and I agree. I think it has been the case for quite a while, where neighborhoods surrounding the core were seeing growth limited to the odd multi-family and lots of duplexes.
I'm excited about the growth in the core, but I'm just as excited about the small 5/1s and all the 4-16 unit builds that are suddenly popping up everywhere in the inner city in neighborhoods like Parkdale, Altadore, Erlton, Capitol Hill, Renfrew etc..
Really like the infill development boom of ground-oriented stuff. Over time it’s bringing huge swathes of the city from a 3,000-5,000 people / square kilometre to a more sustainable 6,000-10,000 + / square kilometre.-70s/80s/90s the name of the game was as many single family homes as possible and the further from the core, the better. Also multifamily was evil.
-Mid 90s duplexes replacing sfh in inner city neighborhoods starts to take off.
-Early 2000s residential high rises in the core start taking off, with the rest of the city mostly single-family home builds.
It’s either high density in the core or low density for the rest of the city.
-2010ish we start seeing new suburban neighbourhoods building much higher density multifamily builds
-2015ish we start seeing more low rise builds all around the city
-2024 we see a new trend take off. Multifamily builds anywhere from 4 to 16 units popping up everywhere in older inner city neighbourhoods.
-2027 another trend takes off, multifamily, mixed use development around LRT stations? (here’s hoping)
To sum it up our diversity and density of housing builds has vastly improved from 30 years ago.
We now have density being built in the new suburbs, density being built in the older inner city neighborhoods, and density being built in the core. The last and toughest part of increasing density and diversity is going to be those neighbourhoods from the 70s and 80s, neighbourhoods like Beddington and Douglasdale and etc.. let’s hope the new blanket zoning can help fix some of that.