AJX
Active Member
Someone earlier gave the figure of $50,000 per parking stall. Agree 100% with you on this.
Thanks, yes that is a pretty commonly cited figure. But I think it also underestimates the schedule risk associated with extra parking being provided on behalf of the developer. Going from two floors of underground to 3 floors adds weeks of time and cost to project. I would imagine that it would make it more difficult to time your project for market conditions (i.e. you have to estimate demand for your product 3-4 years out if you have significant underground parking, while only a year or two if you start at grade etc.)Someone earlier gave the figure of $50,000 per parking stall. Agree 100% with you on this.
Thanks, yes that is a pretty commonly cited figure. But I think it also underestimates the schedule risk associated with extra parking being provided on behalf of the developer. Going from two floors of underground to 3 floors adds weeks of time and cost to project. I would imagine that it would make it more difficult to time your project for market conditions (i.e. you have to estimate demand for your product 3-4 years out if you have significant underground parking, while only a year or two if you start at grade etc.)
Someone earlier gave the figure of $50,000 per parking stall. Agree 100% with you on this.
Block by block, it's slow but continuous. A lot of empty lots have disappeared over the last decade.Crazy to see another entire vacant city block under redevelopment in this economy. I'm absolutely loving the categorical shift in urbanity that Calgary is currently going through.
Feels slow, but compared to the way Calgary was 15 years ago, it seems like a rapid improvement. I'm looking forward to seeing more empty lots get filled in.Block by block, it's slow but continuous. A lot of empty lots have disappeared over the last decade.
I love everything about your idea except the height. I would like to see something more low rise on that location. I would be totally happy with everything you mentioned, but at say 15 floors or so. i'm kind of a low-mid rise kind of guy A theater would kick ass.I'd be fine with that, but why not make it a fabulous mixed use building? 2 floors of retail, a large cinema space (similar to downtown Vancouver's Scotiabank Theatre), with a large residential or hotel portion on top. You could easily get to 200 meters with that sort of set up.