What do you think of this project?


  • Total voters
    48
I call BS on that last statement. If there is no demand for residential then obviously Qualico, Maclab, Langham, Cidex to only name a few are just plain dumb for building their respective buildings. Why would the spend all that money if no one will want to move into them.
Precisely. If Qualico can build an apartment building literally across the back alley from a homeless shelter, there's no reason why you can't build something here.

Regency needs to sell this site to a more competent developer with a real vision with deeper pockets. Embarrassing
 
It's a stark reminder of the lack of institutional grade capital in our fair city as this would have undoubtably been picked up by now.

Not the end of the world as other players will eventually come forward, but it would have been nice to see a major player on a site such as this.
 
Nobody is interested, because there is no demand for office, there’s no demand for residential, there’s no demand for anything downtown given the state of our downtown
This is such a 2020-2021 excuse. If there's no demand for residential then why tf is Phipps McKinnon getting some residential units, or why is Qualico doubling down on a site right across the roughest/sketchiest part of the core, hell even Ian's Westrich is plopping down 6 story midrises at a pace not seen in a long time.

It's a lousy excuse designed to cater to people's perception and lack of knowledge of downtown. I'm extremely annoyed by this answer. Sell the lot to Katz or something at this point ffs
 
There are a number of items that I would put on a list of "musts" for Mayor and Councillor consideration for election acceptability and this one should sit at the top:
1. forced sale of Tower 101 where the City mediates the sale (purchase has to be accompanied with a bid offer, a design concept and an action plan).
2. stop the demolition of the Coliseum and rebook proposal concepts (Alberta Avenue has lost much of its industrial and entertainment raison d'être and there should be a plan to reenergize this area -- a Coliseum proposal would be a good start -- personally, I feel that it could be converted to a Travel Hub + world-class Aquarium + a retail theme centre)
3. provide incentives for downtown densification (the last effort had a measurable success; it should be repeated)
4. reopen the case for a cross-river aerial tram on the exact same route as was last proposed (this would have been a significant boon for downtown)
These would be minimum entry ideations for any participant in elected office at the Edmonton Municipal level.
 
I call BS on that last statement. If there is no demand for residential then obviously Qualico, Maclab, Langham, Cidex to only name a few are just plain dumb for building their respective buildings. Why would the spend all that money if no one will want to move into them.
Yes, I agree it is just BS. I feel the owner lacks resources, imagination or flexibility and is just trying to blame the market for his shortcomings.
 
It's a stark reminder of the lack of institutional grade capital in our fair city as this would have undoubtably been picked up by now.
Entirely on-point.

Recently, I was talking to a person that ran a sizeable division of a large Canadian institutional real estate company. I asked that person what they might have up their sleeves for Edmonton and the response was hard to hear: Why would we do anything in Edmonton? Nothing happens there any more.
 
Entirely on-point.

Recently, I was talking to a person that ran a sizeable division of a large Canadian institutional real estate company. I asked that person what they might have up their sleeves for Edmonton and the response was hard to hear: Why would we do anything in Edmonton? Nothing happens there any more.
Ouch, did they elaborate on that comment? Are they true with that assessment?
 
Entirely on-point.

Recently, I was talking to a person that ran a sizeable division of a large Canadian institutional real estate company. I asked that person what they might have up their sleeves for Edmonton and the response was hard to hear: Why would we do anything in Edmonton? Nothing happens there any more.
Lol the only thing happening here is the country's highest population growth for a major city. They are missing out.
 
Entirely on-point.

Recently, I was talking to a person that ran a sizeable division of a large Canadian institutional real estate company. I asked that person what they might have up their sleeves for Edmonton and the response was hard to hear: Why would we do anything in Edmonton? Nothing happens there any more.
I don't know where the person who said that comes from, but it sounds the like condescending type of comment from the "centre of the universe", that attitude is really nothing new, has been like that for decades.

Actually as pointed out, people are leaving there in droves, but perhaps the most smug and unaware just haven't realized it yet.
 
Very weird take indeed given it is the 4th largest city in the country and 5th or 6th largest (depending on the day) metro with a growing population, rising real estate prices, and pretty good average incomes. Edmonton needs a PR makeover it appears.
 
Lol the only thing happening here is the country's highest population growth for a major city. They are missing out.
I know this is all just based on some random anecdote, but to me this points to the irreparable damage our provincial government is doing. Why would big money even consider a backwards disgusting province of climate change denying, oil loving, trump supporting separatists…………………… I know that’s not Edmonton, and hopefully not the majority of Alberta… but that’s what we are because of the idiot Smith. There is so much intangible damage that’s being done on top of the obvious. Wake the fuck up.
 
Very weird take indeed given it is the 4th largest city in the country and 5th or 6th largest (depending on the day) metro with a growing population, rising real estate prices, and pretty good average incomes. Edmonton needs a PR makeover it appears.
Is Edmonton larger than Ottawa-Gatineau proper now? I could see that with the wild population growth we've been seeing.

1. Toronto
2. Montreal
3. Calgary
4. Edmonton?
5. Ottawa-Gatineau?
 

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