[Friendmonton]

And that’s before the student incentive too.

 

[Pro.N]

Not at all surprised at the occupancy rate. Visited a couple friends there about a month ago (forgot to take pics). Units are pretty typical for new rentals, small-ish open layouts but meets the needs. Amenity spaces are ridiculously well thought out and planned. Security is top notch as well.

 

[NicolBolas]

Not at all surprised at the occupancy rate. Visited a couple friends there about a month ago (forgot to take pics). Units are pretty typical for new rentals, small-ish open layouts but meets the needs. Amenity spaces are ridiculously well thought out and planned. Security is top notch as well.

That's really good, if this building can start gentrification of that area I'm all for it.

 

[archited]

This is turning about to be one classy development that is setting a high standard for Edmonton -- three cheers!

 

[Barnaby]

Hopefully they push the height on the tower as much as technically possible.

 

[Garceyues]

With that solid occupancy rate and the park being completed in the hopefully not too distant future, hopefully the next tower is not that far off either.

 

[Glenco]

 

[MacLac]

192/258 leased = 74.4%

https://switchyeg.securecafe.com/onlineleasing/the-switch/floorplans

Btw, first Ozzy now the Hulkster has passed?!

 

[kcantor]

This is turning about to be one classy development that is setting a high standard for Edmonton -- three cheers!

Turning out to be??? It's always been one classy development setting a high standard for more than just Edmonton!

 

[David A]

That's really good, if this building can start gentrification of that area I'm all for it.

Yes and the nice thing about gentrification here is this land was undeveloped so nobody has been displaced by it

 

[Kosy123]

192/258 leased = 74.4%

https://switchyeg.securecafe.com/onlineleasing/the-switch/floorplans

Btw, first Ozzy now the Hulkster has passed?!

With leasing numbers like that, I don't think that tower is going to be reduced at all. If anything this should tell developers to build higher and more. Like this is right beside the Hope Mission, probably the most undesirable area in all of downtown.

AND ITS 75% LEASED. BY THE HOPE MISSION.

 

[Out of Towner]

Yes and the nice thing about gentrification here is this land was undeveloped so nobody has been displaced by it

Qualico's project is an example of responsible inner city development. Who knows what city council was thinking when it changed the zoning bylaws to allow higher density housing in established inner city communities. Higher density zoning increases property values making inner city housing less affordable - not more affordable. The end result of the higher density bylaws is that it forces anybody wanting an inner city single family dwelling to pay more, accept less, or accept the suburbs. And vice versa for anybody moving from the suburbs to an established inner city community. Qualico's project doesn't create the same issue because it's located in an area with a low land use value.

 

[Barnaby]

Qualico's project is an example of responsible inner city development. Who knows what city council was thinking when it changed the zoning bylaws to allow higher density housing in established inner city communities. Higher density zoning increases property values making inner city housing less affordable - not more affordable. The end result of the higher density bylaws is that it forces anybody wanting an inner city single family dwelling to pay more, accept less, or accept the suburbs. And vice versa for anybody moving from the suburbs to an established inner city community. Qualico's project doesn't create the same issue because it's located in an area with a low land use value.

Yeah, no thanks. Government regulations aren't the answer.

 

[constance_chlore]

Qualico's project is an example of responsible inner city development. Who knows what city council was thinking when it changed the zoning bylaws to allow higher density housing in established inner city communities. Higher density zoning increases property values making inner city housing less affordable - not more affordable. The end result of the higher density bylaws is that it forces anybody wanting an inner city single family dwelling to pay more, accept less, or accept the suburbs. And vice versa for anybody moving from the suburbs to an established inner city community. Qualico's project doesn't create the same issue because it's located in an area with a low land use value.

Hot take: I don't think renters and condo/townhouse owners should be relegated to "low land use value" areas.

 

[Garceyues]

Qualico's project is an example of responsible inner city development. Who knows what city council was thinking when it changed the zoning bylaws to allow higher density housing in established inner city communities. Higher density zoning increases property values making inner city housing less affordable - not more affordable. The end result of the higher density bylaws is that it forces anybody wanting an inner city single family dwelling to pay more, accept less, or accept the suburbs. And vice versa for anybody moving from the suburbs to an established inner city community. Qualico's project doesn't create the same issue because it's located in an area with a low land use value.

Limiting housing supply through restrictive anti-density zoning in established neighborhoods doesn't increase property prices? Give me a break with these textbook NIMBY arguments, real estate is not exempt from basic supply-demand economics. I'm super pleased with Qualico's development so far, but the need for reasonable densification with infills is very much present.