Momin
Senior Member
Article on the project: http://edmonton.skyrisecities.com/news/2017/01/stantec-tower-rising-high-ice-district
Archer | 17.98m | 5s | Truman | S2
- Thread starter Surrealplaces
- Start date
AJX
Active Member
Lol, I actually meant the building in Marda Loop and somehow mentioned Mission. The building I was trying to think of is Odeon.
UrbanRED
Active Member
Always_Biking
Senior Member
This is a nice little building. Any word on whether there has been progress toward getting built?
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zagox
Active Member
Construction fencing is up, demolition permit is in place, and the garages of the old SFH's were taken down today. Only sign of the previous renters is an empty case of Old Milwaukee on the front porch.
Attachments
haltcatchfire
Senior Member
Looking forward to this one. Truman has been doing great work. This one will bring up the mid-rise quality average on Memorial.
Habanero
Active Member
Anything happening with this one? It looks like it was getting ready to go.
zagox
Active Member
Liebherr LB24 foundation piling drill from Doublestar Drilling arrived on site last night. Same firm that did the secant pile wall for the Concord across the river.
I'm excited to see this one going ahead now.
zagox
Active Member
Can someone explain why Minto (Annex) and Graywood (Theodore) are hedging on starting construction until they get to a pre-sale target, but Anthem (Memorial) and Truman (Archer) are going ahead without even setting up a sales centre? Differences in capital structure? Just different risk tolerance? They all seem like similar projects targeted at a similar market.
Mountain Man
Senior Member
Rental vs Condo? that or Truman and Anthem have deeper pockets / are less risk averse...
I'm not sure. Truman's project on 17th was going to be condo and was changed to rental, maybe they are going this route. Companies definitely take a different approach to risk. Minto probably has the deepest pockets of those 4 developers, but have always been cautious from what I've heard. Some companies like to jump on the opportunity.
Spring2008
Active Member
Still surprising to me see to see so much new infill being built given our subdued economy. Was casually townhouse shopping in Killarney last week and so much new townhouses/duplexes out there. One thing for sure - we won't be experiencing any inner-city housing shortages anytime soon.