Urban Development and Proposals Discussion

[CalgaryTiger]

Not my thought, but someone must be thinking: If the Green Line goes by this, elevated, the property value will nose dive again, but then they can sue the city so no issue there.

70 seems crazy but maybe if it has a small floor plate it can go higher.

 

[Albertasaurus]

Not my thought, but someone must be thinking: If the Green Line goes by this, elevated, the property value will nose dive again, but then they can sue the city so no issue there.

70 seems crazy but maybe if it has a small floor plate it can go higher.

The floor plate for the unbuilt tower is pretty small I believe, unless the plan is to rip out the entire foundation and start over again (not the impression I get from the article). If elevated rail does happen, I wonder if they might contemplate something like Bronconnier's new tower by Sunalta station with the first few floors being taken up by parkade?

 

[Joborule]

Not my thought, but someone must be thinking: If the Green Line goes by this, elevated, the property value will nose dive again, but then they can sue the city so no issue there.

70 seems crazy but maybe if it has a small floor plate it can go higher.

I don't understand a world where having a rapid transit line next door to your downtown building diminishes property value. Telus Sky must be really suffering.

The floor plate for the unbuilt tower is pretty small I believe, unless the plan is to rip out the entire foundation and start over again (not the impression I get from the article). If elevated rail does happen, I wonder if they might contemplate something like Bronconnier's new tower by Sunalta station with the first few floors being taken up by parkade?

Since it would likely be at 4/5 story level, I wonder - again referring to Telus Sky - if the first few floors could be CRU's/office floors as a buffer.

 

[CalgaryTiger]

I would think being at the corner of a couple of intersecting light rail lines would be quite nice. A tall lobby with lots of lights and greenery would be nice along 7th. The FCC lobby on 6th is quite cold.

For Decades this was its own The Bow south weird deck park thing. We'll see if they're all talk

 

[Albertasaurus]

I don't understand a world where having a rapid transit line next door to your downtown building diminishes property value. Telus Sky must be really suffering.

I think he is referring to the possibility of GL being elevated and how that might impact the marketability of the first few floors.

 

[Joborule]

I think he is referring to the possibility of GL being elevated and how that might impact the marketability of the first few floors.

That's what I'm referring to. I feel that saying the first few floors would be undesirable is overstated, compared to the convivence of being next door to what should be the most popular transfer station in the whole network when full build occurs. And they would have to the ability to adapt and take the elevated station into consideration to maximize possible value.

 

[Surrealplaces]

This is about as perfect a place as you can get for a really tall residential tower. Right on the Red and Blue line, where the Green line will intersect, and a large shopping mall across the street to boot. Might as well make it 80 floors!

Armco Buys First Canadian Centre In Calgary For $46.5M, Planning Second Tower

The First Canadian Centre sits at 350 7 Ave SW in Calgary and was acquired by G2S2 Capital Inc. through Armco Capital Inc.

storeys.com

I saw this article about First Canadian Centre on Reddit.
Fun fact: there was originally 2 towers proposed, but only the one was built. Armco seems to be interested in building a mixed-use/residential tower on the lot that was originally for the second tower.

Anyone has any thoughts on this?

 

[darwink]

but then they can sue the city so no issue there.

If they want to loose, sure.

 

[FCC1982]

This is about as perfect a place as you can get for a really tall residential tower. Right on the Red and Blue line, where the Green line will intersect, and a large shopping mall across the street to boot. Might as well make it 80 floors!

In the words of Austin Powers:
“Yeah Baby, Yeah!”

 

[FCC1982]

I'm not going to hold out hope for 70 storeys, but I would think to make purchasing that site worthwhile, probably as a bare minimum they'd be looking at 40 storeys (and more likely at least 50). It'd just be nice to see something go up on that site after 40 years.

Damn right - been waiting since I was a kid

 

[RolleyMakr_168]

Do we have a thread for this project by Truman in Yorkville?

 

[Golfing guy]

Do we have a thread for this project by Truman in Yorkville?


View attachment 622715

We need a thread just for all the Truman projects. Hard to keep track of all of them

 

[RolleyMakr_168]

We need a thread just for all the Truman projects. Hard to keep track of all of them

Honestly, dude. Just check this link. It's a lot...

Truman- Future Projects

 

[CalgaryTiger]

Do we have a thread for this project by Truman in Yorkville?


View attachment 622715

There's a community in Calgary called Yorkville... No creativity. Silverado, okay I get that. Belmont, I guess there's Spruce Meadows so connecting horse things. Creekstone is pretty weak as well.

 

[MichaelS]

Honestly, dude. Just check this link. It's a lot...

Truman- Future Projects

That isn't even all of them.....

I typically don't make threads for their more suburban, purely residential ones. It would be just too many, especially when you start considering all of the other developers doing similar projects (Logel Homes, Cedarglen Living, etc....).