The ironic reality though is that it is easier to get financing for affordable residential in areas like this than it is to get financing for commercial / retail. Reason being is that the residential assuming it is deemed "affordable" would qualify under CMHC financing, and given the low vacancy...

I saw surveyors on that plot a couple weeks ago. Makes sense seeing this permit now. Edit - given the location and looking at SPAN's website I am guessing this will be a generic looking commercial building: http://www.spanarch.ca/

https://dailyhive.com/edmonton/edmonton-real-estate-searches-quadruple https://financialpost.com/news/top-searched-cities-real-estate-canada

1. "Updates from City administration, for example, report that the City has invested over $186 million into Blatchford and seen only $38 million in the way of revenues. While those would be eye-watering margins in the private sector, the project has the benefit of an abnormally resilient...

Ya you're probably right CTV must have some weird obsession with sensationalizing downtown crime while other media networks wouldnt do such a thing. Take your tin foil hat off once in a while it might be screwed on too tight.

Poor comment. 96st is downtown and I am not sure why the location or proximity to an event matters more than the actual crime in this case. To the individual who was stabbed, I dont think he cares if it as 96st, 104st, 112st.

Absolutely ridiculous this continues to happen over and over and over to every day people minding their business downtown.

Its not use I gave up lonnnggggg time ago, he doesnt understand anything outside of the four walls of his bobcat.

*Verde, yes that was their plan last I spoke with them

That’s correct. It’s been the owners’ vision to have three restaurants all named after the colours of the Italian flag in Italian (rosso and bianco mean red and white, so last I heard they’re working on green).

https://www.cbc.ca/news/canada/edmonton/aviation-training-hub-1.6916372 Would be great if CBC Edmonton, which wrote the article, discussed more how this would impact aviation and training in Edmonton instead of Calgary, U of C, Mount Royal, WestJet in Calgary, etc...

You cant charge higher rents just for the sake of charging higher rents. Multifamily buildings like this only work under CMHC financing (all multifamily projects that move forward today only move forward if they have CMHC financing and not traditional bank financing given the state of interest...

I am not quite sure how to even respond to your post given I spoke nothing about permits or residential housing, but focused sharing comments on developments in the core specifically on tower 101, which is the topic of thread. My personal experience is that I work with developers all day, every...

Smartest people in the room syndrome with city admin and council.

Shhhhhh you're just spreading negativity (as some would say on this forum). This is the same sentiment I have heard (among many other non forward moving messages) in the development circles. I was speaking recently with a large-name Edmonton developer last week and their comment was that the...

There is a theme by some on this forum that if you make critical statements or highlight certain shortcomings then you are labelled as negative. The irony is that we are all on this forum because of our interest in Edmonton and I do believe that many (including myself) are critical of certain...

Ken, yes while you are absolutely correct and to summarize for others on this forum (in layman’s terms Ken is effectively saying developers are looking for a return), some developers or owners will look at a specific return on investment (say that they need a 20% return) but justify it based on...

Do you? Because you like to make a lot of claims and in certain cases “stake my reputation” on things that don’t end up turning out as you claim (I guess your reputation isn’t worth much). See Kens post. There are no permits of a tower.

Havent you noticed lately? EIA is busy talking to everyone BUT airlines. YEG management actually does a really good job at business development, except everything but business development with airlines...

I followed up on this for those that are interested and as I predicted in my note above from March for the reasons I listed this piece of land is STILL publicly listed for sale. There have been some can kickers but the fact that a piece of land in the commercial district of the downtown of a...