[Dubas]

Do we know when the second tower and the podium will break ground? Or are those still on the agenda for MacLab at all?

I heard it may not be until 2029, and a few of the initial investors have pulled out.

 

[MacLac]

It's definitely still on the agenda. The Infill Infrastructure Fund has an unspecified project (Project 05) that has over 450 units. The only thing even close to that sort of project in the area shown is the Parks Phase II.

https://www.edmonton.ca/sites/default/files/public-files/October-2025-Infill-Infrastructure-Fund-Status.pdf?cb=1768233284

Too bad we didn’t know someone on here that could detail all of those “numbered” projects that had no “titles.” Hmmmmmm……..who do we know…..who do we know?

 

[itom987]

I mentioned this on August 5, 2025:

I am not surprised at all, the building itself looks to be complete, by itself. I'm not sure how serious the developer is in building the second phase but it does look like they set it up to walk away if necessary.
From my experience, this is never a good sign in the Edmonton market.

 

[MacLac]

I heard it may not be until 2029, and a few of the initial investors have pulled out.

Hmmmmmm…..how confident are you with that statement? Initial investors would “pull out” even with HAF bucks secured?

 

[Edmcowboy11]

Well I hope that something does happen sooner than later. Perhaps with lotus and lilac both being under construction right now and if the construction moves forward on the old Funeral Home area and additionally the next big NorQuest expansion that might help with the movements on this development.

 

[Avenuer]

It's definitely still on the agenda. The Infill Infrastructure Fund has an unspecified project (Project 05) that has over 450 units. The only thing even close to that sort of project in the area shown is the Parks Phase II.

https://www.edmonton.ca/sites/default/files/public-files/October-2025-Infill-Infrastructure-Fund-Status.pdf?cb=1768233284

They also got the 2021 Construction Grant for this site and they risk an agreement breach if they don't finish the second tower, just unsure of how long they have to get that done though.

 

[TAS]

They also got the 2021 Construction Grant for this site and they risk an agreement breach if they don't finish the second tower, just unsure of how long they have to get that done though.

Oh? That's good to know. I thought the grant would have just been for the one building.

 

[ForestedImagination]

Well I hope that something does happen sooner than later. Perhaps with lotus and lilac both being under construction right now and if the construction moves forward on the old Funeral Home area and additionally the next big NorQuest expansion that might help with the movements on this development.

The site just by Westrich's G4 and the proposed Grandin 2 tower? Is that actually moving forward still?