Stampede Station | 277.3m | 71s | Truman | NORR

[trtcttc]

Honestly, for me a "high-end retail street" is way down in my list of things we are missing right now. I'd prefer something that us plebes can enjoy. Really digging the movie theatre idea, especially since we've lost the Eau Claire cinemas. Just generally, I'd like to see more amenities that make day-to-day living and working in and around the city centre easier.

It's also very hard to "create" a high end retail street, or any type of street. They have to develop organically because no developer can buy an entire street to redevelop the whole thing. We see 17th transform over time and extend with each new building proposed/developed. Whatever Truman is looking at is probably contained to one location.

I wonder if they're looking to diversify their business and will be part of city initiatives like GamePlan where they're the development partner on recreation centres to help improve cashflow and buttress against some of the challenges in the condo market.

 

[randomuser]

Honestly, for me a "high-end retail street" is way down in my list of things we are missing right now. I'd prefer something that us plebes can enjoy. Really digging the movie theatre idea, especially since we've lost the Eau Claire cinemas. Just generally, I'd like to see more amenities that make day-to-day living and working in and around the city centre easier.

Agreed - but a higher-end retail street (or few blocks) makes for a destination, and this has a knock-on effect with restaurants, cafes, other amenities, etc.

 

[CtrlAltDel]

I noticed this sign on site today (not sure how long it’s been up:
View attachment 678749
You’ll see a website noted:
wjwmarriotbytruman.ca.

I checked it out and noticed there is an info webinar on Sept. 4th but you need to register:
View attachment 678752

Not sure if anyone else listened in, but it was pretty informative. There was a Q&A session afterward, and overall, most people seemed satisfied with the development. A couple of people were concerned about their view (or lack thereof), but that was to be expected. Another person went on about it damaging to the environment and the migratory path of birds.

I believe they said the shorter tower would be constructed first. I was a little disappointed to hear that. Edit: Taller tower will go first!

 

[Canadian 001]

shorter Tower Constructed first = 6-8 year gap between First tower Completed and 2nd Tower Commencing
Hopefully we Don't end up with a half realized project then a Mismatched weird looking 2nd tower

Or even worse a First Canadian Centre like outcome

 

[DiscoStu]

Boo, that's like a decade. I think the chances of a new tallest coming to fruition is greatly reduced with that timeframe. We need to beat Shelbyville NOW!

 

[Golfing guy]

shorter Tower Constructed first = 6-8 year gap between First tower Completed and 2nd Tower Commencing
Hopefully we Don't end up with a half realized project then a Mismatched weird looking 2nd tower

Or even worse a First Canadian Centre like outcome

Are these actual numbers? Or just hyperbole? C.A.D said believe they’re starting with shorter tower. Nothing about 6-8 years. As far as we know could be starting taller tower a month later

 

[Roaring Flames]

Shorter tower will be completed first, but all the stuff Truman has handed out has indicated the taller will be completed a year later.

 

[Mountain Man]

I think these are the numbers they want, will depend on whether they can sell units, inflation due to tariffs, interest rates and a million other things. I still think this entire development is pretty pie in the sky, especially for a developer that's never built a building even close to this scale.

 

[CalgaryTiger]

Well that timeline changes things... it is understandable but still a bit of a buzz kill.

 

[zzkwilliamcanada]

6-8 years?....oh man...when they might start for the first tower ?

 

[CBBarnett]

I think these are the numbers they want, will depend on whether they can sell units, inflation due to tariffs, interest rates and a million other things. I still think this entire development is pretty pie in the sky, especially for a developer that's never built a building even close to this scale.

New tallests are often proposed towards the end of the development cycle - lots of frictions out there in the local, national and global economy right now and a massive slowdown in immigration is well underway. Calgary has learned how to build rapidly, putting downward pressure on rents and house prices as well.

It would be great if these towers came to fruition quickly... but it also wouldn't be the first time that great optimism and a awesome render for a sleek new tower project comes back down to earth with changes to economic conditions, and the inherent financial and logistical challenges of building something so large.

 

[trtcttc]

6-8 years?....oh man...when they might start for the first tower ?

I don't think this is what Truman said. It is just what the poster thinks would happen in this case

 

[zzkwilliamcanada]

I don't think this is what Truman said. It is just what the poster thinks would happen in this case

you makes me happier!

 

[CalgaryTiger]

Reading back, I think that was just that person's opinion and that's all it is, that one person's opinion. Friday mood saved!

 

[FCC1982]

I logged on last night also. The timeline presented was still for construction to commence in early 2027 with completion of both towers by 2030. They did say this was the “most optimistic” schedule but that seemed to be more in relation to getting approvals & permits.

And yeah that one gal went on and on about the geese and that this is a “natural area” (it’s actually currently a parking lot but whatever). It was like this was being proposed in the heart of Fish Creek park or something

It’s still a Happy Friday as far as I’m concerned.