No, just means the project pencils out better due to cost/ease of construction, amount of units they think that can be absorbed in that basin, timelines for completion, ROE/IRR, etc.
M2SC is only flipping this site, no intention of building. How many LOCs have we seen now in Inglewood that get approved for land flippers?
https://www.realtor.ca/real-estate/26682049/1336-1340-9-avenue-se-calgary-inglewood
Because mobility engineers make collector/arterial streets into unwelcoming stroads everywhere in this city. You’re trying to to force density onto unhospitable urban arterials like Macleod trail, 16 Ave North or apparently Bow Bottom. I would suggest you push the City to make these even...
I see, so would the shops/retail/active frontages orient towards Macleod Trail as the main street? What aspects of what Macleod Trail make building something like Brentwood or Metrotown unattractive to developers?
What kind of changes do you think could be made to Macleod trail to make redevelopment more attractive and what kind of developments would you like to see?
Wouldn't even need the trucks to reverse if they created a turning head on the SW corner of the subject parcel that could accommodate an SU-9 truck's turning radius and submit a swept path analysis to show it works, i don't see why that wouldn't be acceptable design to accommodate truck loading...
What moron in mobility engineering required two curb cuts onto a Main Street when the lane configuration could've provided the neccessary vehicular access? Or is this first submission on DP (pre-DTR1) that the applicant submitted?
Red entrance is the dead end lane that could be maintained but...
Well this is now my favourite project in the City. The arches, materials, scale and brick screening is perfect. 10/10 and it’s affordable housing, damn.
It’ll be a miracle if it makes it through tender with this level of design and materials, but here’s to hoping it does!
Yes one or two might be if they have a pension fund or a similar end user in tow to buy it. But this landowner almost guaranteed does not. If Cidex owned this, maybe that could happen
Land lift only matters when the land transacts as you eluded to. But in calgary so many people have inherited land or got in so low that they will just sit on it instead of selling for what makes sense today. The problem isn’t so much that I can’t lowball what the land is worth in a realistic...
So many other pre zoned sites for multi family, and condo prices don’t support concrete tower construction in this location (or almost anywhere in the city). Would take an eternity to build out as planned and the owner has no background in land development and home building.
Would work at a...