The Hat Elbow River | 177.99m | 56s | Cidex Group | NORR

[FCC1982]

I wonder if they will make a move on this one this year. Looks to still be front and center on Cidex's front page. Have we seen this render before?

https://www.cidexgroup.com/
View attachment 629617

I’ve never seen that render - thanks for posting.
I’d be excited to see this proceed in this location.

 

[Golfing guy]

IMHO I think this is a great project. It’s a couple blocks from the proposed Truman project. Also not that far from the stampede entrance and CTrain station. Podium isn’t great but parking probably has to be above ground when your that close to the river. I say build it!

 

[trtcttc]

I wonder if they will make a move on this one this year. Looks to still be front and center on Cidex's front page. Have we seen this render before?

https://www.cidexgroup.com/
View attachment 629617

I thought they'd start WVT 3 first, that holes been there forever and now they have an anchor tenant (No Frills) for the retail.

 

[1875]

much rather have the equivalent number of units in 6-20 storey buildings spread over victoria park

 

[Rollerstud98]

much rather have the equivalent number of units in 6-20 storey buildings spread over victoria park

What about a bunch of 12 storey mass timber buildings? Has that come to pass yet?

 

[FCC1982]

much rather have the equivalent number of units in 6-20 storey buildings spread over victoria park

Booooring & yuck.

Give me the 56 storey tower!

 

[CalgaryTiger]

It’s a couple blocks from the proposed Truman project.

Funny we're talking about this like it is a sure thing but only insiders seem to know it is coming.

 

[maestro]

IMHO I think this is a great project. It’s a couple blocks from the proposed Truman project. Also not that far from the stampede entrance and CTrain station. Podium isn’t great but parking probably has to be above ground when your that close to the river. I say build it!

In my opinion, best to build something then that requires fewer than 8 floors of above ground parking.

It's not one tower. It's three close together. It doesn't soar. It creates a wall. It's not a fancy corporate office. It's housing in spandrel glass on a garage that will take some 20 minutes to exit. It won't be the pinnacle of living.

 

[Golfing guy]

Funny we're talking about this like it is a sure thing but only insiders seem to know it is coming.

With Truman’s track record. Seems all of their proposals seem to get built

 

[heritageguy]

Doubt they will move on this within a year. The recent immigration change is bad news for rental developers. Rents are dropping and no sight of when that may stop. High rise is very tough to make sense of

 

[RolleyMakr_168]

Doubt they will move on this within a year. The recent immigration change is bad news for rental developers. Rents are dropping and no sight of when that may stop. High rise is very tough to make sense of

International immigration will slow down a bit, the city will still grow by numbers that would be considered boom numbers in past years- especially due to interprovincial migration from BC and Ontario.

 

[CalgaryTiger]

Q1 numbers for immigration will be interesting. Can't compare to the last couple years but if we compare to normal boom years then we can get a better idea of if our population growth is continuing on a similar trend.

 

[haltcatchfire]

Doubt they will move on this within a year. The recent immigration change is bad news for rental developers. Rents are dropping and no sight of when that may stop. High rise is very tough to make sense of

If that’s what it takes to avoid this being built then it’s all good news.

 

[Albertasaurus]

Most sources still anticipate growth of 30-50k a year even with the lower immigration numbers.