MacLac
Senior Member
That's what it sounds like OR perhaps Ian knows something as he alluded to the fact that these might be cut down to "10 storey buildings," if that's the case then maybe 3 X 10 storey buildings?
- Thread starter Daveography
- Start date
MacLac
Senior Member
Clearly not as it's a Calgary based author writing it.
MacLac
Senior Member
Where's the "It's happening" GIF when we need him?
Alberta’s booming rental market braces for change
The province has seen more than 30,000 purpose-built rental units break ground between the first quarter of 2022 and the third quarter of 2024www.theglobeandmail.com
"Next year, Mr. Edgar plans to begin construction on a purpose-built rental project located three blocks west from Maclab’s The Parks, in downtown Edmonton. Capitalizing on the City of Edmonton’s investment to revitalize Warehouse Park, Autograph Group’s proposed 300-unit building would cater to the higher end of the rental market.
Mr. Edgar’s vision, however, is significantly different to the initial plan for the site, which included two high-rise towers and 780 rental units. 'We just feel that [300 units] is a more appropriate level of density to build on the site,' he says. 'With the demand we’re forecasting, we feel really optimistic about the success of a building of that size.'"
David A
Senior Member
Well you know, 80% or more of Edmonton is NW, so it must be a bit confusing for someone from the city to our south.
Although it is nice to see while this article is about both of Alberta's major cities, Edmonton seems to get a of the coverage in it. Pardon the pun, but it feels like a bit of shift happening here.
Kosy123
Senior Member
Lovely to see tbh, especially since Ximena Gonzalez (the author of the article) is from Calgary.
MacLac
Senior Member
These 2 lots right? Next door to Autograph's HO.
HappyJazzz
Active Member
These 2 lots right? Next door to Autograph's HO.
Wasn't that the site of the North tower? I think Shift is on the east side of the street.
Good to hear this one's got some life though, really hope the park spurs more projects on 106, most important street DT to focus on for new builds right now IMO.
Not thrilled to hear they downsized the project, but if that gets another developers tower started sooner, that's a better outcome for the area.
Munanyo
Active Member
Definitely exciting that things are moving ahead with this one, even though it will be revised from what we initially thought. I won't lie, I'm a bit disappointed we won't likely see two taller towers here as that would give downtown a nice big city jolt, but as long as these are quality and unique builds that inject much needed residency into the core, I cannot complain.
Curious if this may be one tall tower, or three mid-rises. Hopefully we get some info in the new year.
Curious if this may be one tall tower, or three mid-rises. Hopefully we get some info in the new year.
MacLac
Senior Member
Should be 30ish floors or so if the Parks 1 is 358 units and 35 floors……
degrandprix
Active Member
The article did say this will "cater to the higher end of the rental market", so I think that would mean good architecture and minimal value engineering.
strata
Active Member
I wonder when that interview was done because there are some pretty significant changes coming to the CHMC MLI Select program that are going to push a lot of projects back to conventional financing
David A
Senior Member
There is still some work to fill in this area, but as it fills in it also probably becomes more desirable, so this project going ahead soon is good news and probably will lead to others in the future.
Greenspace
Senior Member
10-12 stories is what I'm hearing with brick facade, townhouses and corner CRU. Similar massing to Mercury.
MacLac
Senior Member
Hmmmmm......but Edgar said "1 building with 300 units." Might be a wide 10 storey building if that's the case....lol
Gronk!
Senior Member
Any word on which space it will occupy? That parking lot is big enough for another Warehouse Park.
