[David A]

Downtown as home: Falcon Tower - Transforming Edmonton

For Shelby Krishka, living downtown is about enjoying her vibrant, busy lifestyle with ease and convenience. Every day offers something new, from cafés to restaurants to live music and the never-ending excitement of the Ice District. And, as an Oilers fan, the best part about living near 104...

transforming.edmonton.ca

"Langham Developments is a key player in revitalizing 104 Street with other projects, such as Icon Tower and Fox Tower, bringing more residents to the downtown core. Falcon Tower was the next progression in this journey, with Falcon Two on the horizon for 2025."

That'd be especially great if they keep Falcon 2 exactly the same as #1, as they said they would, because the majority of the units in Falcon 1 have two or more bedrooms; making it more likely that some families will live there. My rough napkin math is that it has ~26 3-bedroom units, 114 2-bedroom units, and 94 1-bedroom units.

Yes, this seems like a nice mix and the over 2,300 units in various buildings noted in the article is also good news, that will bring a good boost to the number of people living in the core.

 

[Out of Towner]

2025? HERE WE GO BOYS AND GIRL

Downtown as home: Falcon Tower - Transforming Edmonton

For Shelby Krishka, living downtown is about enjoying her vibrant, busy lifestyle with ease and convenience. Every day offers something new, from cafés to restaurants to live music and the never-ending excitement of the Ice District. And, as an Oilers fan, the best part about living near 104...

transforming.edmonton.ca

"Langham Developments is a key player in revitalizing 104 Street with other projects, such as Icon Tower and Fox Tower, bringing more residents to the downtown core. Falcon Tower was the next progression in this journey, with Falcon Two on the horizon for 2025."

That'd be especially great if they keep Falcon 2 exactly the same as #1, as they said they would, because the majority of the units in Falcon 1 have two or more bedrooms; making it more likely that some families will live there. My rough napkin math is that it has ~26 3-bedroom units, 114 2-bedroom units, and 94 1-bedroom units.

Wouldn't be a surprise if single young people rent and share the 3 bedroom units as opposed to families. Either way it's good.

 

[CplKlinger]

Wouldn't be a surprise if single young people rent and share the 3 bedroom units as opposed to families. Either way it's good.

That could very well be too. When I first moved out on my own, I rented a room in a small house that had five other guys living there. It was... an experience.

 

[IanO]

Falcon Tower I story

Downtown as home: Falcon Tower - Transforming Edmonton

For Shelby Krishka, living downtown is about enjoying her vibrant, busy lifestyle with ease and convenience. Every day offers something new, from cafés to restaurants to live music and the never-ending excitement of the Ice District. And, as an Oilers fan, the best part about living near 104...

transforming.edmonton.ca

'with Falcon II on the horizon for 2025'

 

[archited]

Old news (oxymoron that that is)

 

[whattheheck]

^^Why are tax dollars being used for this propaganda?

 

[Seamusmuldrew]

Propaganda for private businesses, otherwise known as advertising. Considering how much we payed for the arena, this isn’t all that shocking

 

[Avenuer]

^^Why are tax dollars being used for this propaganda?

Pretty minimal cost for publishing those stories tbh - Edmonton needs to market itself after all.

 

[IanO]

Not to mention that it was a win-win on ROI for public dollars.

If anything, we need more of these stories, not less.

 

[TAS]

Not to mention that it was a win-win on ROI for public dollars.

If anything, we need more of these stories, not less.

Since this did work out well, I wonder why developers/downtown boosters didn't advocate for this same grant structure again, which didn't require the city to pay out any money from its budget.

Instead, when they came back to council for support, they focused on a grant per sq.ft and that didn't seem to be as favorable with council nor the public.

 

[David A]

Since this did work out well, I wonder why developers/downtown boosters didn't advocate for this same grant structure again, which didn't require the city to pay out any money from its budget.

Instead, when they came back to council for support, they focused on a grant per sq.ft and that didn't seem to be as favorable with council nor the public.

IMO, probably not a good time to ask the city, which is financially strapped and already having to increase taxes more than it knows citizens can bear, for money.

I suppose, if they don't like the answer, they can always try again, but unless the above noted fundamentals change I feel that would probably be a waste of time.

 

[IanO]

My understanding is that there was a XX$sqft that was palatable and on the table, but folks got a little greedy.

 

[Avenuer]

My understanding is that there was a XX$sqft that was palatable and on the table, but folks got a little greedy.

Yup, they wanted something like $100/sq. ft. while the City was proposing $50 per sq. ft. at the most. They got greedy and ended up getting nothing.

 

[Gronk!]

https://twitter.com/x/status/1862587537698488475

 

[MacLac]

Walked by on Saturday night.....a LOT of lights were on at Midnight....by the looks of it at least half of the units on the West facing side......not bad....