[SMayo]

I don't think Edmonton was ever geared towards building condo's for investors as Toronto (and to a much lesser extent) Calgary was.

So what I was trying to say is whatever is happening with that there is really irrelevant here. It neither makes condo development more or less likely here.

In previous work I did I met tons of people visiting from Tor, Van, Cal that were here for their investment condos. Maybe it’s purely anecdotal and just correlation, but the housing stall in the big markets is lining up with the fact that there’s no housing over 6 stories currently going up in Edmonton.

 

[David A]

My impression was most of the investment buying that was here was for existing and often older condo's because they were so affordable here, not really for new building like in TO.

The end of super low interest rates, higher costs and prices has made much of that new building in TO uneconomical, but most of the housing over 6 stories recently built here was purpose built rentals, not condos.

 

[Kosy123]

Ya know what, this is much better than another weed store.

 

[IanO]

Now how about phase 2!

 

[Kosy123]

Now how about phase 2!

A revised taller phase II

And then another Langham project lol

 

[fromyeg]

At YEG.

 

[bodsbods9090]

A revised taller phase II

And then another Langham project lol

Langham's gotta have something in the works I'd imagine...

 

[TAS]

Langham's gotta have something in the works I'd imagine...

In discussing the Student Housing Incentive fund today, an ammendment was passed to extend the priority project area to include both sides of 104st as far south as 100Ave.

What project on 104st on 100Ave could benefit from this ammendment? Hmmm

I'd say Falcon 2 is moving ahead.

The first housing applications must be received by the city by Sept 30 and then the city will identify those projects within 2 weeks so things can get moving as this federal funding has tight timelines.

 

[Kosy123]

That's going to be our first high-rise residential tower under construction pretty soon if that's the case. Figures it would be Falcon II that could take the jump.

 

[Gus Haynes]

I believe it can fly. I believe it can touch the sky.

 

[bodsbods9090]

In discussing the Student Housing Incentive fund today, an ammendment was passed to extend the priority project area to include both sides of 104st as far south as 100Ave.

What project on 104st on 100Ave could benefit from this ammendment? Hmmm

I'd say Falcon 2 is moving ahead.

The first housing applications must be received by the city by Sept 30 and then the city will identify those projects within 2 weeks so things can get moving as this federal funding has tight timelines.

 

[KreationYEG]

Life

 

[Garceyues]

Life View attachment 678218

The lights from all of those units provide a warm feeling. Great to see this fill up quickly in the ~1 year it's been open.

 

[IanO]

It should be getting close to 75-80%+ in this market and so I could see Tower 2, especially with the student housing initiative, getting lined up for spring 2026 or so.