What do you think of this project?

  • Total voters
    50
I would be perfectly happy with a very standard condo/apartment building going here (standard meaning no fancy hotel partnerships or multi use office/res) . 45-60 stories, good amenities, commercial main floor, patios facing rice Howard. If teglar is incorporated, have loft style units or one bedrooms in teglar portion, and 2-3 bedrooms units in the tower. Don’t over complicate it. Would be a needed injection of eyes on the streets.

It’s an awkward lot to do a hotel on, because your lobby/valet/underground parking entrance would take up the whole main floor and hurt rice Howard rather than help. And there’s still many many lots nearby for hotel or hotel apartment.
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Probably not room for twins but would be cool.
 
MattPT said:
And there’s still many many lots nearby for hotel or hotel apartment.
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I mean, not as many hotels DT as we'd like, but I would still take it as a 40-50 story condo/rental tower with units ranging from bachelors to 3 bedrooms, too.
 
fromyeg said:
This has been for sale before.

Really hope someone with the ability to deliver a project buys this!

Any guesses?

Westrich? Cidex? Qualico? Maclab?

Someone from outside of Edmonton?
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With Edmonton's trajectory these days, I would say the best you'll see is Ever Red: clapboard plus. They have got to be one of the most ghetto developers I've ever seen.
 
omada-cre.com

Downtown Core Development Land - Omada Commercial

Downtown Core Development Land On behalf of the Vendor, we are pleased to release this unique downtown land parcel for sale. 10199 101 Street is ideally situated in the heart of Edmonton’s financial core and the dense downtown neighborhood. This site is an opportunity for a developer to...
omada-cre.com omada-cre.com

I know nothing about development land pricing, but 6 mil seems reasonable
 
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MattPT said:
omada-cre.com

Downtown Core Development Land - Omada Commercial

Downtown Core Development Land On behalf of the Vendor, we are pleased to release this unique downtown land parcel for sale. 10199 101 Street is ideally situated in the heart of Edmonton’s financial core and the dense downtown neighborhood. This site is an opportunity for a developer to...
omada-cre.com omada-cre.com

I know nothing about development land pricing, but 6 mil seems reasonable
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It feels very reasonable, although considering how much remediation/demo work will be needed to actually develop the site, $6M is probably on the high end of realistic, and will probably be discounted if someone makes a serious proposal.
 
ChazYEG said:
It feels very reasonable, although considering how much remediation/demo work will be needed to actually develop the site, $6M is probably on the high end of realistic, and will probably be discounted if someone makes a serious proposal.
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Potential buyers would not be getting the nice tennis court green bare lot as shown in the picture, but I suspect most of them already realize that.
 
My guess is up at the recommendations of legal counsel to demonstrate they are trying to do something. This is not the first time if I recall this property has been listed.

As for what could go there, I’m not even obsessed with height here, great street presence with mid rise boutique type hotel with awesome amenities and I’m all in. We have lots of land to develop, this doesn’t need to be tall.
 
Oilguy said:
My guess is up at the recommendations of legal counsel to demonstrate they are trying to do something. This is not the first time if I recall this property has been listed.

As for what could go there, I’m not even obsessed with height here, great street presence with mid rise boutique type hotel with awesome amenities and I’m all in. We have lots of land to develop, this doesn’t need to be tall.
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It absolutely needs to be tall. Otherwise, it'll be consumed by its surroundings and become nondescript.
 
Offworld said:
It absolutely needs to be tall. Otherwise, it'll be consumed by its surroundings and become nondescript.
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Tall would be nice, but a high quality shorter high-rise or even a midrise could become much more of a landmark and create much more interest from a street view perspective than an uninspired tall building.

I'd trade a 50 story glass box for a 20 story architectural masterpiece any day of the week.

I love tall buildings as much as the next guy in this forum, but I do feel like as I grow older I care a lot less for what the city looks from afar than about how it looks and feels when you're actually on the streets.
 
Offworld said:
It absolutely needs to be tall. Otherwise, it'll be consumed by its surroundings and become nondescript.
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To clarify I am thinking on the taller end of the definition of mid rise,, so 12-15 stories here. We need to see this developed in a great way, but expecting Edmonton to suddenly pop up another 40-50 story building just doesn’t seem realistic.

Great architecture doesn’t get lost if it’s not tall. Hell, this forum would go crazy to have Tegler back on this corner, and it wasn’t tall. We have ample space to develop downtown, very little of it is going to be developed over 15-20 stories in my opinion.
 
Oilguy said:
To clarify I am thinking on the taller end of the definition of mid rise,, so 12-15 stories here. We need to see this developed in a great way, but expecting Edmonton to suddenly pop up another 40-50 story building just doesn’t seem realistic.

Great architecture doesn’t get lost if it’s not tall. Hell, this forum would go crazy to have Tegler back on this corner, and it wasn’t tall. We have ample space to develop downtown, very little of it is going to be developed over 15-20 stories in my opinion.
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I'm not for tall, for tall's sake. I'm saying that anything like a mid-rise would get swallowed by its surroundings and feel claustrophobic. As a residential site, that'd be oppressive.
 
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