[IanO]

Now how about that retail...

 

[IanO]

 

[Barnaby]

Construction is going on in the north most CRU. It looks to me that it's been leased.

 

[mcr]

Construction is going on in the north most CRU. It looks to me that it's been leased.

Looks like it was originally to be a general retail store and is now being fit out as childcare

 

[archited]

Old news...

 

[edm13]

An ad on my Facebook says there are only 8 units left… surely that means phase two will go ahead?

 

[Canadian 001]

Damn Tower one is Basically Full

 

[IanO]

The last time I spoke with Reza, they were prepared to move Tower 2 forward once they had a better indication and understanding of how the market responded to Tower 1; but the key was getting it stabilized.

That's great to hear if so.

 

[Kosy123]

If every higher priced multi-unit rental that’s been recently built downtown is doing well, I think it’s safe to say there’s a pretty significant demand to live downtown. ,

 

[IanO]

Similar to office, 'a flight to quality'?

Or perhaps a change in perspective away from ownership to tenancy and with that no downpayment, freedom and flexibility?

 

[Barnaby]

Similar to office, 'a flight to quality'?

Or perhaps a change in perspective away from ownership to tenancy and with that no downpayment, freedom and flexibility?

I sold my house in St. Albert to rent DT...

 

[thommyjo]

I think it’s well known that Edmonton condos have struggled historically, so people are probably bearish on buying. But that’s why central neighborhood infills are important, plus high quality rentals people can stay in long term.

With all the investors underwater in Toronto and Vancouver, I doubt we see much ability to get condos sold here for a while still. In Calgary their recent projects have only been possible due to out of province investors. I suspect those wells are drying up.

 

[David A]

I think it’s well known that Edmonton condos have struggled historically, so people are probably bearish on buying. But that’s why central neighborhood infills are important, plus high quality rentals people can stay in long term.

With all the investors underwater in Toronto and Vancouver, I doubt we see much ability to get condos sold here for a while still. In Calgary their recent projects have only been possible due to out of province investors. I suspect those wells are drying up.

I really doubt how condos are faring in Toronto where prices are still around 4 times higher than here will have much impact on Edmonton and unlike Calgary very few condo's have been built centrally or elsewhere here in the last 5 years.

 

[IanO]

I think it’s well known that Edmonton condos have struggled historically, so people are probably bearish on buying. But that’s why central neighborhood infills are important, plus high quality rentals people can stay in long term.

With all the investors underwater in Toronto and Vancouver, I doubt we see much ability to get condos sold here for a while still. In Calgary their recent projects have only been possible due to out of province investors. I suspect those wells are drying up.

We need single fam to increase by about 15-20% more to see much condo action as the delta is too small and we are too cheap of a city for housing at the moment; a blessing and a curse.

 

[TAS]

We need single fam to increase by about 15-20% more to see much condo action as the delta is too small and we are too cheap of a city for housing at the moment; a blessing and a curse.

So increase price by building less SFH in the burbs? So containing sprawl?