Offworld
Active Member
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.
- Thread starter Daveography
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MattPT
Active Member
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
I know nothing about development land pricing, but 6 mil seems reasonable
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ChazYEG
Senior Member
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.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...
I know nothing about development land pricing, but 6 mil seems reasonable
David A
Senior Member
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.
Oilguy
Active Member
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.
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.
Offworld
Active Member
It absolutely needs to be tall. Otherwise, it'll be consumed by its surroundings and become nondescript.
ChazYEG
Senior Member
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.
Oilguy
Active Member
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.
thommyjo
Senior Member
I’m good with midrises in some areas. But really want to see this be a 30-45 story beast. Such a good location.
Mixed use hotel and residential please. Somebody convince Truman to come on up here once they’re done the 25 projects they’re doing in Calgary.
Mixed use hotel and residential please. Somebody convince Truman to come on up here once they’re done the 25 projects they’re doing in Calgary.
Offworld
Active Member
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.
MattPT
Active Member
40 story residential is really not that tall… same as Encore… not sure why that would be unreasonable on a site right in the core of downtown. If ever there was a site for height it’s this one.
The_Cat
Senior Member
Maybe something on par with Enbridge.
Agreed. Tall is so ... 2010! I have said this on the Calgary forum before as well, but I too would trade a 50 storey tower for a 20 storey nice one, or even a 50 storey tower for 8 x 6 storey buildings with nice streetscapes.
Romanov
Active Member
Truman would be nice but an Edmonton grown builder/developer might serve us just as well. Whereas Calgary has seen builders like Truman and Jayman evolve and step up their game, we are seeing similar evolution from the likes of Rohit and Cantiro. Here's hoping that whoever takes this on is ambitious and well capitalized. The caveat being that the current owners actually have to sell at a reasonable rate and the City is especially accommodating of construction at this constrained site.
husky
Active Member
Would be neat if someone did like an Enbridge 2 and used a similar design for continuity maybe with some hotel and residential.