adamyyc
Active Member
Update on the Leonard Group development on 34 Ave SW
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Urban Development and Proposals Discussion
- Thread starter Surrealplaces
- Start date
JonnyCanuck
Senior Member
GWL Realty Advisors ... does anyone know where are they with these once planned projects? I believe the first one is now in the hands of Quadreal
2 big parking lots in Eau Claire (original proposal dates back to 2014)
8 St SW Beltline (proposal dates back to 2019)
www.google.ca
4 St SW Beltline (proposal dates back to 2019)
www.google.ca
The rest of the market has lapped them.
2 big parking lots in Eau Claire (original proposal dates back to 2014)
Google Maps
Find local businesses, view maps and get driving directions in Google Maps.
www.google.ca
Google Maps
Find local businesses, view maps and get driving directions in Google Maps.
www.google.ca
The rest of the market has lapped them.
MichaelS
Senior Member
The first one was always in the hands of Quadreal, back when they were called BCIMC. BCIMC used GWL for all of their planning services, but then they realized they were big enough to have those services in house, and created Quadreal. Not sure where they are at with the others.
CT (Chinese_T)
Active Member
GWL Realty Advisors ... does anyone know where are they with these once planned projects? I believe the first one is now in the hands of Quadreal
2 big parking lots in Eau Claire (original proposal dates back to 2014)
8 St SW Beltline (proposal dates back to 2019)
4 St SW Beltline (proposal dates back to 2019)Google Maps
Find local businesses, view maps and get driving directions in Google Maps.
Google Maps
Find local businesses, view maps and get driving directions in Google Maps.
The rest of the market has lapped them.
Links to the aforementioned projects:
https://calgary.skyrisecities.com/database/projects/eau-claire-west
https://calgary.skyrisecities.com/database/projects/1216-8th-street
https://calgary.skyrisecities.com/database/projects/1405-4th-street
outoftheice
Active Member
The City of Calgary's downtown strategy team is conducting a survey to see how Calgarians view downtown and what kind of things they want for the future. Thought the members of this forum might have an opinion or two to share on the subject.
www.surveymonkey.com
Online Survey Software: Closed Survey
www.surveymonkey.com
JonnyCanuck
Senior Member
Yes. I posted the same in the Downtown Dilemma thread under 'General'.The City of Calgary's downtown strategy team is conducting a survey to see how Calgarians view downtown and what kind of things they want for the future. Thought the members of this forum might have an opinion or two to share on the subject.
Online Survey Software: Closed Survey
outoftheice
Active Member
Hadn't discovered that thread before. Thanks for pointing it out!
MichaelS
Senior Member
So we all know the infamous parking lot that is being created after a commercial building was torn down at the corner of 4th Street and 11th Ave SW? And remember how @Bertie Wooster hinted it was bought by a reputable developer? Looks like it was Minto, and they are planning 27 stories there. Not much else for details, wonder if they will just build the approved DP that was used already.
myinvestmentbrokers.com
1108 Condos | Pre Construction Condos Investment
myinvestmentbrokers.com
potatopizzafan
Active Member
So we all know the infamous parking lot that is being created after a commercial building was torn down at the corner of 4th Street and 11th Ave SW? And remember how @Bertie Wooster hinted it was bought by a reputable developer? Looks like it was Minto, and they are planning 27 stories there. Not much else for details, wonder if they will just build the approved DP that was used already.
1108 Condos | Pre Construction Condos Investment
JonnyCanuck
Senior Member
The MyInvestmentbrokers website seems to be a popular marketing tool for several Calgary developers. All of Truman's projects are on there, Graywood, Avi, and couple from Rohit
MichaelS
Senior Member
Yeah, and Truman also appears on condosdeal.com as well. Either way, as long as the pipeline of Ontario money keeps flowing into Alberta.
UrbanRED
Active Member
Minto's going nuts with the Ontario investors, that's like 4 projects today? (This, Sovereign, East Village, and Kensington)
haltcatchfire
Senior Member
It's like Free Agent Frenzy day for Minto.
JonnyCanuck
Senior Member
There are 39 Calgary projects on that website and only 2 from Edmonton. I don't know how they are selling to outside investors in volume. Aside from rent guarantees, what else is there. Yes owning a condo in Calgary is much cheaper than a comparable condo in Toronto and Vancouver. However, what are the prospects of price appreciation in Calgary? If recent history is any indication ... there are none. Anyone buying a condo in this market 10-15 years ago has not seen any price appreciation and if you really need to sell, be prepared to sell for less that what you paid for it.