MacLac
Senior Member
What a turd burglar……let’s run him outta town!
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.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.
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.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
Two nice, decent buildings were demolished on this site over the decades and now it is vacant and this prominent location looks like crap.Why the F were they given a tax rebate for demolishing such a nice building?!
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.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.
Entirely on-point.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.
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.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 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.Lol the only thing happening here is the country's highest population growth for a major city. They are missing out.
Is Edmonton larger than Ottawa-Gatineau proper now? I could see that with the wild population growth we've been seeing.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.