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I'm not a huge fan of these huge buildings within communities. I think the step-back look is ugly and really dates this era. Far prefer more smaller-plated buildings that are shorter and blockier. Squares are very efficient and work great all around the world. Extremely dense cities like Paris...

This would be a fantastic addition. Just wish it wasn't Arlington at the helm. If the franchise isn't chosen, this can be a serious vetting process that can take 12 months +. Boutique brand makes sense, I really like Kimpton as well. However, all the big brands have boutique labels now and...

In this market, either you go rental and maximize your value or your investment restrictions force you to go condo because you will not make as much money. CMHC has 40-year amortization for investment product and consumers can get a max of 25-year debt. Check out the Teranet for pricing strength...

And units rent on a gross $ basis. That is what tenants see...totally depends on unit sizes. The $PSF shakes out based on how accurately the individual units are priced. Retail, office, and industrial are quoted on $PSF.

I've valued literally hundreds of projects.

It is surprising. I think this is actually a fantastic add in the neighbourhood, and looks great. If I were on their investment team, I would be strongly advocating for rental in this location with every bit of firepower I had. If you look at success of projects in Marda Loop for example in...

Is this building going to be rental or condo? Given the location, I am really hoping for rental. Their website doesn't give any hints. The banners make one think it will be a condo. Anyone have the inside scoop?

Out to market $444k / unit. Hah! Probably the worst kitchen package of any new condo in the city. Unbelievably bad. Terrible floorplans too. Dear Lord. Even the townhomes are a mess with narrow corridors, small bedrooms, oversized closets. First swing and a miss!

This is dead. Someone will probably come in and make this is a rental because market has spoken at its height that it doesn't really want this product. It's back out to market for sale but prices not close to penciling for us at least.

Looks like a big mansard roof poop. I applaud these guys for the full-fledged attempt to make pizza hut look sexy though. They are doing cool things on the interior and doing something different than everybody else. It is a good mix for what is needed in the market demographically, so a big win...

Hi 1875, I work for the company that is the equity behind the development of Marda Lyfe Residences (nice pics by the way). I was wondering if you would be agreeable to our use of one of the exterior photos you used on...

@LloydBraun hundreds of units in Edmonton.

I think it is a good for the site and a win for the neighbourhood. I love the interior courtyards, especially if we can have paving as that works well in Calgary and there is not shortage of amenities with the river valley. My sole suggestion is having the potential for live/work units as I...

Miles better than previous render. Still kitty corner to the Shell but an improvement for sure. Very strange they are running under a different development flag. My understanding was that the investors from The National were rolling their investment into this property. To my knowledge, Arlington...

I think the best way would actually to create a limited dividend program. Get the government to securitize a product that pays down blocks of rent in neighbourhoods at select projects to make the rents affordable. Money is raised from the BOC auction on a 30 year interest and return of...

It's cool for the area, nice small addition.

IMHO: 1) Looks like a suburb condo development. Why do we keep building these silo buildings? 2) The stepped back look is dumb. Just built it square with some nice architecture and get the extra units. This sun paranoia makes no sense for a city that wants to urbanize. Near a transportation...

Maybe have a bonfire with Westbrook mall and start from scratch?

This is a great addition. Not because it is great on its own but this combined with Underwood, taking away some holes. My preference is the one on the left actually. I like the brutalist throwback although could go for more podium variety / height.

Reminds me of the old Pizza Hut buildings. I like a lot of what MoDA does but not crazy about this at all.