Fairmont is an operator who also owns certain hotels they could have picked it up in personal interest. But possibly they have interest in the north building I'm doubting that, however, this property is a development nightmare!!!

Honestly I don't see this property even receiving a proposal for development for the next 10-15 years. I feel this is a short sighted decision for Accorhotels and more importantly the fairmont. I'm surprised there wasn't an under the table deal between the two organizations.

I figured with the RA9 it will be taller however the lot isn't that big. Honestly thought an 8 storey would have been great on that location. mix of engaged TH's on the street and maybe a coffee shop on the corner with some decent condos on top.

Used to work in the building across 124st. This lot was always one I felt held strong opportunity for the missing middle.

Can someone explain to me how DOSC was able to alter the exterior finishings of the building by adding the neon signs? I'm not opposed I just thought it was a protected historically designated site?

Does anyone know who originally built those condos behind this Mill?

Well I live in the building beside this the Time Square building. It's interesting that's for sure. This would definitely help the area out. There's some interesting stuff that goes on in that Parking lot late at night. I enjoy the entertainment.

What the heck I'm so curious about the construction of this building!

This is great I love it!

@Daveography I agree it's more than just the diamond but what right does Melcor have to dispute what other owners do up to their property line?

It would be fun if Melcor would just let them incorporate the diamond in the new building and call it a day. Heard Melcor tried to purchase this building on numerous occasions. If they would Melcor would own most of the block with a strong redevelopment potential in play.

So from what I read on this tread this project is now as a rental? Are we sure it's not just the units committed to rental (The owner was offering management of rentals at a guaranteed price for 24 months)? Is it something other than that?

They are definitely tight units I expect maximum sliding doors if any but when you walk beside the site and realize they are fitting 4 units on that tiny floor plate you understand why there are only sliding doors.

Dave Did you have the chance to talk to anyone from Maclab? Wondering who was there what they had to say.

Looks good but I'm scared they are going to price this way too high. I believe this would make an excellent rental property.

I have to agree with you @Daveography it is definitely the most interesting project in Edmonton and I don't know much about Calgary at the moment. I wonder what their construction timeline looks like.

These have been available for nearly a year. It would be nice to see those properties sell finally.

Hesitant that it was Rohit that received this project. Not always the highest quality but there is hope. We'll see what comes out.

How quickly do you think they could build something like this?

I'm assuming due to a lack of sales centre and brutal website that these properties will most likely be rentals?