bodsbods9090
Senior Member
Is this foreshadowing or a random picture?
- Thread starter Daveography
- Start date
thommyjo
Senior Member
Honestly blows my mind this hasnt been built yet. Like I know the market isn’t amazing. But surely a 30-40 story rental building would do great here.
yeggator
Active Member
I think we just needed to wait for interest rates to come down, cause demand is picking up.
cmd uw
Active Member
Demand has been steady but has slowed. This is not to say that it's dropped off a cliff or has shifted in favour of the renter, but it has 'softened'. Reality is we are experiencing high growth and this is expected to continue even as the Fed tighten the immigration spigots. Edmonton will continue to benefit from the flight to affordability. I suspect that we might see this tower position itself to start in 2025.
David A
Senior Member
I wouldn't be surprised because we have several projects downtown being completed now and earlier in 2024. So after they start to fill up and if demand continues to grow, something started in 2025 should be completed at a good time.
CplKlinger
Senior Member
Kosy123
Senior Member
"First three buildings are expected to be completed by 2028"
Barnaby
Senior Member
This isn't going to be a small building at $200 million.
Construction will need to start this year for these deadlines to be met.
Construction will need to start this year for these deadlines to be met.
Kosy123
Senior Member
For both this and the Ice District Village too. We're probably going to need a crane count metric now lol
MacLac
Senior Member
Strange…..I thought Katz bought the land for the old homeless shelter…..thusly followed by a quick demolition……here it says they are a “non-participating land owner.”
MacLac
Senior Member
Sorry? These 3 buildings are going to cost a cumulative $200M? Or they are not? Please clarify
Barnaby
Senior Member
I'd still really like to see something built above the Connect Centre. Even a 15-20 storey tower would add alot of life to 103rd St.
Not possible. I'd expect each highrise to be around $200-300 million.
archited
Senior Member
^ A 42-storey tower above the existing foundation infrastructure in ICE would cost ~$80 million leaving $120 Million for a 27-storey High rise connected to a 7-storey mid-rise with a revamped Mac Historical refit on 105th Avenue. This is possible.
Last edited:
IanO
Superstar
Except they this area would be far more receptive to seeing 20-25 (maybe 30) storey towers IMHO.
archited
Senior Member
^ Except it's already designed for 42 storeys compadre.