[archited]

Monsieur le @Gronk! is onto something once again -- if it is in fact 75,000 sq. ft. (150' x 500') then it would be just the area shaded in light orange below, not including the Massey Ferguson property

 

[archited]

Nonetheless, it is still a sizable chunk of property that has real development potential; it sure would be interesting to know the buyer.

 

[MacLac]

Devils Advocate here but the picture is shaded to include both the building and lot…..could have been an overzealous shader but……..

 

[Kosy123]

I'm not too knowledgeable on this as much, but would the fact it's a foreign buyer (German REIT) make it likelier that the property is developed or less?

 

[yeggator]

Eleanor and Laurent but right by MacEwan? (pls I will sell my kidney for this)

I will sell your kidney for this

 

[Kosy123]

I will sell your kidney for this

I think that's a good trade. My liver is on the table if the Aldritt tower ever goes beyond our collective forum delusion.

 

[archited]

Devils Advocate here but the picture is shaded to include both the building and lot…..could have been an overzealous shader but……..

The building in the shaded area is included -- but not the Massey Ferguson Site.

 

[constance_chlore]

What's the story behind that garage that is in the shaded area?

 

[IanO]

Monsieur le @Gronk! is onto something once again -- if it is in fact 75,000 sq. ft. (150' x 500') then it would be just the area shaded in light orange below, not including the Massey Ferguson property

Ahem.

vs

 

[yeggator]

I think that's a good trade. My liver is on the table if the Aldritt tower ever goes beyond our collective forum delusion.

Never expected the success of my illegal organ-harvesting business to be tied to Edmonton real estate

 

[IanO]

The entire site is ~50m x 150m not sqft... or

 

[archited]

When the site was apportioned into lots the British system of measurement was the standard and you will notice that the realtor indicated the site was +/- 75,000 square feet. I believe the lots here are 150' deep which would mean that the frontage would be 500'; I did however, err in the length takeoff and I believe that it includes the entire block minus the historical portion of the Massey Ferguson site. That said this is all guess-work until someone can state the property size for certain.

 

[Barnaby]

Can we be assured that the historic facade of this building can be preserved? Losing it would be a tragedy.

 

[IanO]

When the site was apportioned into lots the British system of measurement was the standard and you will notice that the realtor indicated the site was +/- 75,000 square feet. I believe the lots here are 150' deep which would mean that the frontage would be 500'; I did however, err in the length takeoff and I believe that it includes the entire block minus the historical portion of the Massey Ferguson site. That said this is all guess-work until someone can state the property size for certain.

Previous listing.

'

The Massey Harris Ferguson Block in downtown Edmonton is for sale. (Courtesy CBRE)
CBRE has listed a city block with significant development potential for sale in Edmonton’s downtown warehouse district. The 74,884-square-foot Massey Harris Ferguson Block is close to MacEwan University and the Ice District.'

 

[Barnaby]

I'm not too knowledgeable on this as much, but would the fact it's a foreign buyer (German REIT) make it likelier that the property is developed or less?

REITs don't hold vacant land long term. They're also much less shaky from a capital perspective than traditional developer, atleast when you're on the outside looking in.

This is the kind of project that could be fully built out in a single large stage, if it is a REIT as @IanO believes.