I thought maybe they were looking at tearing the resto portion down and building residential suites in that spot, or building residential with commercial at base. I suppose they would have that option if the land use gets approved.
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Urban Development and Proposals Discussion
- Thread starter Surrealplaces
- Start date
YourBoy007
Active Member
I noticed One Properties freshened up their brochure on 9th Avenue Project a bit. No new renders or timelines but at least we know they're still working on it.
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Mountain Man
Senior Member
Seems like the perfect spot for a restaurant / lounge. Facing south so the patio can be used longer, prominent street corner with great visibility. Cactus club was just one that came to mind, could be a National, Earl's, Joey's, OJs.... All that being said, I do love the brew pub idea, that's more my jam!
Urban Outdoorsman
Active Member
It's funny that the rendering shows 9th Ave as a two way street
I guess a 4 lane one way car sewer isn't as good a look...
Nimbus
Active Member
There is stuff in the works for that existing Kensington Gate apartment building.
Mountain Man
Senior Member
And the westbound lanes are only HOV!It's funny that the rendering shows 9th Ave as a two way street
I guess a 4 lane one way car sewer isn't as good a look...
Thrillhou
Active Member
I came across this property for sale with and old proposal 919 5 Ave SW. Obviously it's dead but I can't remember seeing this before
Mountain Man
Senior Member
I remember that one, was quite a while back. Would love to see a nice modern condo go there, not the fake NYC stuff LaCaille loves to build!
adamyyc
Active Member
Hope the revenue from the parking lot covers the property taxes, because it’s going to be a parking lot for a long time!
Calgary experiencing record demand for multi-family living
“Affordability is dictating the market demand right now,” says Ann-Marie Lurie, chief economist with the Calgary Real Estate Board.
calgaryherald.com
1875
Senior Member
not alot of property selling at 2014 prices anywhere in the world.
ahuch
Active Member
This plot has been sitting vacant for at least 30 years best I can tell, TOD if you count the green line / bus station directly north of 114. No documents on DMAP yet but will keep an eye on it!
JonnyCanuck
Senior Member
Well ... one month sales does not necessarily make a trend. All I know is that a unit in my building, that was recently featured in the Globe & Mail real estate section sold for about $20 K less than asking and was on the market a couple of months. The selling price is about $150,000 less than what the 2 BD condo would have sold brand new for in 2007. So, I don't think the condo market, at least in the core, is coming back with a roar.Calgary experiencing record demand for multi-family living
“Affordability is dictating the market demand right now,” says Ann-Marie Lurie, chief economist with the Calgary Real Estate Board.
Golfing guy
Active Member
I think new condos are more in demand than older ones. New ones come with low condo fees, while older ones usually have very high fees
DougB
Senior Member
That site had a crazy three tower proposal around 2005