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  1. M

    NOMI | 38m | 11s | Kasian

    How tiny are these units to go from 90 bedrooms in 18 units to 90 units? Shared living areas? The balcony would be bigger than one of units.
  2. M

    526 - 4th Ave | 112m | 32s | LaCaille Group | S2

    More important is the urban form of a building and within the context of the broader neighbourhood and the broader neighbourhood's provisions itself. However, aesthetics do matter in attracting dollars from outside of the neighbourhood and outside of Calgary. Critical mass hasn't been...
  3. M

    Urban Development and Proposals Discussion

    My point has been that they are not building anything and that they are banking on the existing office towers which they purchased for a bargain for their growth. An actual developer building anything on the FCC site during the next 25 years won't be building office. The investor residential...
  4. M

    Urban Development and Proposals Discussion

    No clue. Declining overall vacancy and positive absorption (the decline doesn't all have to come from positive absorption) will raise these deflated values.
  5. M

    Urban Development and Proposals Discussion

    Boom was the wrong choice of word. The purchase prices are so heavily devalued For FCC and BVS that a modest recovery with vacancies dropping to the mid to high teens would positively affect valuation. Armoyan is the majority stakeholder in Slate which is teetering on insolvency so he needs a...
  6. M

    Urban Development and Proposals Discussion

    I just can't see them building a 65 storey tower. This is just a flip betting on an office boom. They could buy several more major office towers for the cost to build a 65 storey tower.
  7. M

    Scotia Place | 36.85m | 11s | CSEC | HOK

    I can't get passed vendors working for clients and not the other way around. There is just cause for large institutional clients to be a little skittish. A client such as Calgary presents opportunities for vendors that wouldn't exist for a MLSE funded development.
  8. M

    Beltline Block | 118m | 36s | ONE Properties | Gibbs Gage

    I've been thinking about this. A conventional concrete residential tower would require so many modifications to the parking structure that I can't see it being worth saving. A concrete core and steel structure (column free spaces) would require fewer modifications but, would be structurally...
  9. M

    Urban Development and Proposals Discussion

    Why bother having them play away during Monster Jam? They aren't much of a football team. They may preform better on the track
  10. M

    Beltline Block | 118m | 36s | ONE Properties | Gibbs Gage

    Are two levels of underground parking really enough for what is planned? If I recall correctly, it's two towers with around 1000 units An empty office building costs money. A weed lot costs less. (and there is that high rise contractor signage up)
  11. M

    Beltline Block | 118m | 36s | ONE Properties | Gibbs Gage

    Note the ITC sign if it hasn't been mentioned already.
  12. M

    Urban Development and Proposals Discussion

    The townhouse proposal is alright but, what is wrong with lower multi-family densities that allow for mature trees and gardens? I don't know if the motivation is sprawl which is low density however, the issues aren't because of low density. Higher densities won't change the isolation and how...
  13. M

    Urban Development and Proposals Discussion

    Only as a legacy build as part of an international event and partnered with 7 Nations for Federal dollars. I don't think you can build one for under $400 million and that doesn't make any sense.
  14. M

    The Brooklyn | 37m | 10s | Ayrshire | EFG Architects

    There isn't really a street level. I guess it's a flood mitigation measure but there has to be more creative solutions to address this than a first floor above the street level accessed by steps. It's too tall next to the street without setbacks. It's has too long a frontage. It's just plain...
  15. M

    Frontier | 30m | 8s | Truman | S2

    Seafoam wouldn't be my favourite shade of green. There's too much grey spandrel in the world. The podium's grey composite panels are the most disappointing part of the tower. Some black brick would be richer and more solid. The same brick covering the blue skin up the sides of the tower would...
  16. M

    General Construction Updates

    Dinosaurs are cool even mechanical ones.
  17. M

    Urban Development and Proposals Discussion

    $140 million is crazy cheap for 1.4 million square feet. The Bow sold for $1.25 Billion for 2 million square feet a few years ago. Sitting on the space could pay out better than a massive conversion.
  18. M

    Glenmore Landing | 115m | 35s | RioCan | NORR

    They are dense medium rise cities with a welcoming scale. This development is not remotely comparable. It's increasing overall density in the area by piling it all in one spot. These will fill up with population growth and that seems to be the barometer of success on this forum. The long term...
  19. M

    526 - 4th Ave | 112m | 32s | LaCaille Group | S2

    That's what was inferred by serious issues. The construction cost per square foot has risen beyond mortgages by traditional lenders for large scale housing. Everyone is talking about the prime rate and housing development but, in my understanding, it's a complete non factor when it comes to a...
  20. M

    526 - 4th Ave | 112m | 32s | LaCaille Group | S2

    My first mortgage was 15%. I just smile at 5% being astronomically high. There are serious issues with the upfront costs for developers not proceeding without federal insurances that 50bps won't remedy. There's also that matter of whether Canada can really afford it should defaults start to...

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