What do you think of this project?

  • Total voters
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Clearshades said:
OK... I'm curious how stock markets could be at an all time high when the whole globe was KO by COVID while most western nations are still in lockdown mode. The only country with positive GDP in 2020 of 2.8% was China when everyone else saw negatively declines. USA has nearly 29 trillion national debt with 86 trillion over all debt (all shown on the world debt clock). This does not include debt bonds other nations such as China (roughly 1 trillion) or Japan ( 1 trillion+) currently hold. If they sell those off. There are also stimulus debts to be tallied into the overall debts. Massive homelessness and on tle rise amongst other systemic issues. Stocks are for wealthier people, primarily the 10%, and they're not the true indicators imo.
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Can we just not talk about systemic off topic issues in development threads? Make a thread for it in the appropriate sub forum if you feel the need to go deep on it.
 
Chemco unit, probably for some sort of utility/infrastructure work
 
I also walk this block often during lunch, Chemco vehicles have been around the sites in the law few weeks, also saw ATCO at the 116th NW building today
 
I hope we'll see some movement on this soon. This sort of development is just what is needed along Jasper Avenue. I was driving through the area a few weeks ago admiring the progress on CNIB and Glenora Park, and the thing that struck me most was the distinct lack of substantial buildings fronting onto Jasper Avenue between about 112 and 119 Streets. This project will really help to give that stretch of Jasper Avenue the proper big city feel it needs.
 
Macroman520 said:
I hope we'll see some movement on this soon. This sort of development is just what is needed along Jasper Avenue. I was driving through the area a few weeks ago admiring the progress on CNIB and Glenora Park, and the thing that struck me most was the distinct lack of substantial buildings fronting onto Jasper Avenue between about 112 and 119 Streets. This project will really help to give that stretch of Jasper Avenue the proper big city feel it needs.
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I couldn't agree more. The big gaps in Oliver and the 108 to 106 warehouse park areas create immediate dead zones of crumbled concrete (I know this sentiment is obvious to the contributors of this forum).

I live in the south side of this Oliver dead zone, and it is vibrant with cyclists, dog walkers, and pedestrians of all ages and backgrounds long into the night. But walking on Jasper after 9 pm between 117 and 114 can be something else right now (lack of pedestrian, street front business)
 
CaptainBL said:
Great news, any timeline you can share?
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Nothing definitive, but according to Maclab they aren't experiencing any hardship with financing it. Maclab wasn't on the project team before (it was just Pangman and John Day originally if I recall correctly), so perhaps they were brought on to add some extra capital.
 
Avenuer said:
Nothing definitive, but according to Maclab they aren't experiencing any hardship with financing it. Maclab wasn't on the project team before (it was just Pangman and John Day originally if I recall correctly), so perhaps they were brought on to add some extra capital.
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Thanks, hopefully sooner than later. If I remember correctly, it was AIMCo and there was discussion of them backing out (which is corroborated by the link below). Would make sense if Maclab was brought in in place of AIMCo.

financialpost.com

AIMCo 'tilting' overweight investments away from Alberta real-estate and energy sectors

AIMCo sees strong tailwinds in logistics, data centres, health centres and multi-family housing and has been shifting investment dollars there
financialpost.com financialpost.com
 
7325C73E-2B44-44D1-B76B-CFE47387195C.jpeg
 
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