Avenuer
Senior Member
Still on the website: https://oneproperties.com/properties/paramount/
- Thread starter Daveography
- Start date
bodsbods9090
Active Member
Looks like they have nothing in the pipe for Edmonton, aside from the Paramount project.
David A
Senior Member
Its too bad the facility is not being put to more use while it languishes,waiting for redevelopment, possibly for years.
CaptainBL
Active Member
In my opinion, this is one of the properties that should fall under the city's new tax class for dilapidated properties. Does it?
Edit, it should as per the city's website for being boarded up and abandoned:
www.edmonton.ca
Edit, it should as per the city's website for being boarded up and abandoned:
Derelict Residential Tax Subclass | City of Edmonton
The City is establishing a new tax subclass that will allow the City to charge owners of derelict properties a higher tax rate in 2024.
runsamok
New Member
Since when is the Paramount a residential site?
CaptainBL
Active Member
It is zoned DC1 and has a proposed 369-unit residential tower under that zoning
Paramount Project | Mixed-Use Development Edmonton | ONE Properties
The Paramount project located on Edmonton's Jasper Avenue will feature 369 residential suites above ground floor retail space. Click here to learn more.
oneproperties.com
Also as an FYI, the old Dwayne's home is confirmed under this derelict properties, which is one block away.
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runsamok
New Member
It has lofty, unrealistic ambitions to become a residential property but currently is just yet another empty building in the core.
The difference between the Paramount & Dwayne's is that people lived at Dwayne's Home, nobody's ever lived at the Paramount. Because the Paramount isn't a residential property. It's not unfit for habitation because of neglect, it's because it's a goddamn movie theatre.
The difference between the Paramount & Dwayne's is that people lived at Dwayne's Home, nobody's ever lived at the Paramount. Because the Paramount isn't a residential property. It's not unfit for habitation because of neglect, it's because it's a goddamn movie theatre.
thommyjo
Senior Member
It was closed due to safety/core issues. Hence why it hasn’t been used.
Would be incredible to get this one going though. Badly needed.