4th Street Lofts | 115m | 29s | Western Securities | Gibbs Gage

[Urban Outdoorsman]

Yeah I'm really tired of all the parking lots in the greater downtown area. It totally ruins the urban fabric. I'd definitely prefer several smaller towers over a few massive ones.

 

[UrbanWarrior]

maybe thats why “lofts”

haha well no shit. But that’s usually a gimmick added to the title of a building. This would make this project one of the few that are actually what they say they are.

 

[Alex_YYC]

dont mind seeing the slightly shorter tower. ill take three 27 story towers or four 20 story towers over two 40 story towers at this point.

Or even 14 X 6 storey buildings Scattered around downtown, Beltine, Sunnyside and Inglewood etc.

 

[UrbanWarrior]

No actual full renders of the project on either the developer or architects websites. Wompwomp.

 

[JoeUrban]

Has there been any update to this one? I haven't had a chance to be in the area in a long time.

 

[ThujaPlicata]

Has there been any update to this one? I haven't had a chance to be in the area in a long time.

The whole site has been fenced out except for Reds Diner

 

[ThujaPlicata]

 

[DougB]

haha well no shit. But that’s usually a gimmick added to the title of a building. This would make this project one of the few that are actually what they say they are.

 

[GoVertical]

Interior demolition well underway on all three buildings adjacent to Red's:

 

[Surrealplaces]

It's too bad about the little brick apartment building tho.

 

[Disraeli]

Same with the Winston Manor on 4th. But as long as the design is solid and it doesn't sit as an empty lot it will be a good trade off for 4th

 

[UrbanWarrior]

It's too bad about the little brick apartment building tho.

Very little character transforming into a high density, high quality high rise with street activation on a major downtown corridor is more than a fine tradeoff for me

 

[Surrealplaces]

Just too bad that a cheap rental stock building is being lost, but the overall tradeoff is good.

 

[GoVertical]

I felt the same way about the rentals that the Fifth replaced, but I always wonder what the inside of these places look like too. The rusted shades might tell us something...

 

[CBBarnett]

Do we know how many units are being lost in this project? 270 units in the new tower is obviously a large net increase, but important to acknowledge the lost units in the older brick buildings are some of the more affordable options. My guess would be 10 - 15 units for each brick building, so 30 or so units overall? Net gain of about 240 units?

It's probably worth it in the long run as it's a large boost of supply in a prime location, which will ultimately help affordability and access - but it's still a trade-off, and cold comfort to anyone kicked out of the more affordable existing structures.