News   Dec 06, 2019
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  1. J

    Calgary | NUDE | 63m | 18s | Battistella | S2 Architecture

    it depends on your covenant and your lenders risk view. I'd imagine Batistella is aroud 60%
  2. J

    Calgary | 1390 - 17 Ave SE | 49m | 16s | Hungerford

    I wouldn't say rezoning and flipping is anymore prevalant in Calgary as opposed to other markets. If it appears it so, its more of a function of the original developer changing tact and there not being that many developers who will buy someone elses development. FWIW the Hungerford's aren't the...
  3. J

    Calgary | The Theodore | 36m | 10s | Graywood | IBI Group

    unit plans are not that attractive really, will be a tough sell.
  4. J

    Calgary | Place 10 | ?m | 47s | Centron | Gibbs Gage

    fwiw newer purpose rentals are doing well actually. we have seen average go over $2 a foot. Incentives have started to be removed by landlords, so that is a positive.
  5. J

    Calgary | NUDE | 63m | 18s | Battistella | S2 Architecture

    or if your 3 months out of completion and don't want to close on the property and have the opportunity to walk away from the unit with no loss of deposit if you don't close. If you closed then put it on the market you would be responsible for GST payable, if you assign there is no GST as it...
  6. J

    Calgary | NUDE | 63m | 18s | Battistella | S2 Architecture

    They are offering $500 assignments for BC investors only, with the meltdown in YVR this might attract some more interest over the coming months.
  7. J

    Calgary | Annex | 30m | 9s | Minto Group | Nyhoff Architecture

    Exactly why i'm considering buying one, the location doesn't get much better and my goal is to generate some long term income so i can move to a slower pace of life (Penticton or Kelowna)
  8. J

    Calgary | Annex | 30m | 9s | Minto Group | Nyhoff Architecture

    I'm interested in this one, I may pick up an investment unit in it. Sales started in Feb and aren't going that hot, even though they have a 10% deposit structure. That will give lots of time till mortgage is required.
  9. J

    Calgary | Place 10 | ?m | 47s | Centron | Gibbs Gage

    Irony of the day, the Centre 10 was done up as residential and failed. It turned office, if Place 10 fails as office and turns residential then it would be uncanny.
  10. J

    Calgary | Arris - 5th and Third | 142m | 41s | Embassy Bosa | Amanat Architect

    Embassy Bosa is different than Bosa Properties, which is different than BlueSky Properties which is different again from Bosa Development and APPIA. These companies are all headed by different members of the Bosa Family, they are all well established and respected in the biz however compete in...
  11. J

    Calgary | The Hub | ?m | 28s | Campus Suites | ARK Inc.

    I'm aware of the holiday inn, however I never really considered it much of a density increase as it is a massing exercise. The current building uses the site more efficiently.
  12. J

    Calgary | The Hub | ?m | 28s | Campus Suites | ARK Inc.

    no worries, it for some reason is a difficult plan to find on the city website( no surprise) . From my understanding the community was asked for input, most of that input was regarding the city funding for the Crowchild trail improvements and pedestrian improvements. BTCA from what I have heard...
  13. J

    Calgary | The Hub | ?m | 28s | Campus Suites | ARK Inc.

    my rough calculations( I don't want to bother going to official, I am aware the site narrows to the north by about 10m) is a 75m X 95m site which allows for about 76500 sq ft site. At 6.0 FAR they would have upto about 460,000 sq ft of buildable space to be within the plan at max density. How...
  14. J

    Calgary | The Hub | ?m | 28s | Campus Suites | ARK Inc.

    You mean like this one: http://www.calgary.ca/PDA/pd/Documents/arp-asp/arp/banff-trail-station-arp.pdf
  15. J

    Calgary | The Hub | ?m | 28s | Campus Suites | ARK Inc.

    Its actually now funded and will be triggered by approval of this project, This was confirmed by transportation department about 1 month ago. Should this project not move forward, then it would remain in the medium term crowchild trail plan.
  16. J

    Calgary | The Hub | ?m | 28s | Campus Suites | ARK Inc.

    Actually the project shall help facilitate stronger traffic flow in the area.. An increase of density as proposed is enough to force the City to create the onramp from 16th W to Crowchild Trail N. This will help reduce traffic as major concerns of area residents is the increase traffic along...

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