The parking lot has been closed off for about a month now, with cones and tape blocking the entrances. The parking payment machines have gone as well. People still drive over the tape and park anyway though, could use with a better method of blocking off
IMG_4521.jpg
 
I haven't been in the area for a while, but one might think the rent they receive from parking lot revenue is not enough to offset security cost. Wonder if they would just take to demolition of all the existing structures and then fence the lot.
 
Not sure what happened at CoA on February 13, but it's back on the agenda for tomorrow. Staff recommend approving the variance request to lower parking again. The new total is 246 parking spaces. The variance states "No parking spaces shall be required for residents, and a minimum of 2 plus 0.05 visitor parking spaces per unit shall be provided, whereas a minimum of 0.55 parking spaces are required per dwelling unit."
 
The February 13 CoA meeting was cancelled because of the storm, so now this is coming to the March 6 meeting. The parking payment machines have been gone for quite a while, but the yellow caution tape is a more recent addition. In a recent sales presentation, Slate claimed that demolition is "imminent." Hopefully construction is also imminent!
 
KingJames said:
I haven't been in the area for a while, but one might think the rent they receive from parking lot revenue is not enough to offset security cost. Wonder if they would just take to demolition of all the existing structures and then fence the lot.
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I imagine they wouldn't prevent people from parking like this unless they intend on doing something soon. That lot was popular
 
akiraredacted said:
I imagine they wouldn't prevent people from parking like this unless they intend on doing something soon. That lot was popular
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Home sales in general are in the dumps and the condo market does not have a pulse. Do these guys have enough units sold to actually begin construction?
 
There were some trucks and people in hi-vis vests out here a few days ago, working around a small hole with a pile of dirt. Didn't get a great look at it though
 
I sure hope so. The parking lot has been closed just over a month now (iirc), and they've been advertising it quite a bit too
 
Anyone have updates here? I have been reassured by Slate that despite taking my next deposit out over a month late.. they are still moving forward..
 
danimmclean said:
Anyone have updates here? I have been reassured by Slate that despite taking my next deposit out over a month late.. they are still moving forward..
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The parking lot is closed now, they were operating paid parking there up until a few months ago. I think they recently applied with the city to build less parking in this development, not sure how that went. Maybe that is what's holding it up
 
From a July 19 Spectator article:

https://www.thespec.com/business/co...cle_4f0557e4-73c2-5356-b6b7-162b22e36afb.html

"Slate Asset Management has planned three buildings of 27, 14 and eight storeys, with nearly 800 units between them, at the shuttered Corktown Plaza off John Street South.
Corktown
Slate Asset Management has planned three buildings of 27, 14 and eight storeys, with nearly 800 units between them, at the shuttered Corktown Plaza off John Street South.
Slate Asset Management
But “in light of changing market conditions for condos sales,” Slate has “proposed an amendment” to buyers of the first tower that would “extend our construction financing condition timeline by one year,” a company spokesperson said via email.
The only change for buyers who accepted the proposal is the extended timeline, but full deposits with interest were refunded to those who wanted out, Slate noted.
“We remain committed to finding ways to move forward with the project, and we are working hard to realize our vision for this community.” "
 
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