Gallery First & Tenth | 60m | 19s | Truman

[Spring2008]

Already at grade in about 10 months

 

[UrbanWarrior]

 

[Dubs147]

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Wow. I wonder if they will make the January 1st closing or if it will be delayed. They are ripping on this project

 

[Surrealplaces]

Wow. I wonder if they will make the January 1st closing or if it will be delayed. They are ripping on this project

It's tight but doable. Kit at Kensington which is a slightly smaller sized building was at the stage Gallery is at now, back in mid May, and 6 months later it has topped out averaging 1.6 floors a week. Going by that average, it would be roughly 7.5 months for Gallery to top out, which would put it at around June. Then they'd have 6 months to finish interior and the rest of the exterior. Things of course are going to be different between the two buildings, but it gives a rough idea.

 

[Dubs147]

It's tight but doable. Kit at Kensington which is a slightly smaller sized building was at the stage Gallery is at now, back in mid May, and 6 months later it has topped out averaging 1.6 floors a week. Going by that average, it would be roughly 7.5 months for Gallery to top out, which would put it at around June. Then they'd have 6 months to finish interior and the rest of the exterior. Things of course are going to be different between the two buildings, but it gives a rough idea.

Thanks for the good info man. What do you think the condo market will look like by then? I know in toronto a lot of the projects people bought pre sale are appraising for a ton less. Leaving the buyers unable to close due to not having the funds to make up for the shortfall. Hopefully the appraisals come back the same as what we paid and not less. Could be devastating for most people. Guess thats the risk you take. I have been abit worried with the market

 

[Cowtown]

I think the condo market will be fine Calgary. For about the past 15 years it’s been fairly steady. It hasn’t been really hot or really cold. Sort of in the middle. We won’t have the over supply problems in Toronto or Vancouver.

 

[1875]

 

[UrbanWarrior]

Pouring the main floor slab…

 

[DiscoStu]

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For a split second, I thought I was looking at the downtown portion of the new Green Line.

 

[FrancoZ]

Pouring the main floor slab…

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Wow! Truman is going fast with this project! According to your experience, if Truman keeps this pace, when do you think Gallery could be completed? January 2027 as they were stating (as the earliest) or maybe mid-2027?

 

[1875]

 

[UrbanWarrior]

 

[Makarov]

Pouring the main floor slab…

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Those parking lots suck.

 

[Mountain Man]

Wow! Truman is going fast with this project! According to your experience, if Truman keeps this pace, when do you think Gallery could be completed? January 2027 as they were stating (as the earliest) or maybe mid-2027?

I'd say they are about a year away, so Jan 2027 seems reasonable.

 

[FrancoZ]

I'd say they are about a year away, so Jan 2027 seems reasonable.

Oh wow! Right on schedule! I guess if they keep this pace with the construction, it's not hard to have the project almost done by Jan 2027.