Based on current renters preferences both a dishwasher and in-suite laundry are a must. As someone who a few moons ago rented with and without either in various places I can attest that they would be a 'must have' for me today.

The price is what the 'market' is willing to pay for it. It doesn't matter what price you, I or anyone else thinks is justifiable or not. The price makes sense to those who are signing the purchase contract. Over n' out.

Hey, I'd give Qualico some love too. They took on a big risk acquiring the CN lands back in the late 90's. It wasn't until the late 2000's that they developed the first phase, Epcor Tower, and now are developing the next phases, which is another big risk. If they can build enough critical mass...

I know plenty of wealthy people who can (and have) shelled out millions on homes here. They also have homes in the US, Mexico and Vancouver/Victoria, etc. but their homebase is YEG. Most of these folk aren't really looking at making money when they sell. They want what they want and they will...

I noticed a lot of storm piping laying around when driving by last week and still moving a lot of dirt.

Station Pointe - poor market fundamentals. Claireview - I would argue they have experienced a decent amount of development around this station over the past 10-15 years. The majority of the surface parking is City-owned Park n' Ride...

Do older neighbourhoods that are predominantly low density residential 'pay' for the services they require even with their higher assessed values....no. The reality is commercial and industrial properties provide the bulk of the tax revenue. Low density residential properties are leaches with...

No. it is not considering how many costs are front ended by private developers.

So, should the City no longer provide incentive grants to land owners in Business Improvement Areas to renovate facades or build new commercial/mixed use buildings? Same thing with the Brownfield Grant for old gas station sites?? It's not rocket science in that providing some type of incentive...

Meanwhile...some notable DP's central/downtown. Major Development Permit Reference Id: Job No 504319417-002 Description: To construct exterior alterations to an exisitng Accessory Surface parking lot to develop an outdoor patio amentiy space to a multi-Use commercial building (Dental...

^I'm going to say probably not. Likely just call it The Exchange. Easier. I wonder what will take the main floor space in OEX2 where Plum Apartment was supposed to go.

They should have known this market well enough given that Minto had owned a few buildings in this city for awhile. Not sure what's to be 'perplexed' about, do your f*cking homework. There are plenty of 'outside' companies that have been in Edmonton for awhile that aren't perplexed - CAPREIT...

I can see a PWHL team here soon...and it would do well.

I was skeptical as it was a company I never heard of. Track record makes a difference.

People said that when we were developing OEX - can't blame them. A site not located on a major corridor in a primarily residential area. Look what happened. Sometimes things just come together. And I am quite bullish on 102 Avenue becoming a more of a retail corridor, especially in areas that...

^There will be plenty of retail/commercial at grade where it makes sense. This is an optimal site for this type of redevelopment given that you have a major employer literally two blocks north - Grey Nuns. That in itself is a major driver.

And UofC Properties have been at this for longer 2011....

There's plenty of things happening that many are unaware of. And no, not all this growth is taking place 'outside the Henday' either, plenty of infill projects going on. Not.Everything.Is.Going.To.Be.Highrises.Either

There is absolutely nothing wrong with the scale of this proposal. You see many of these being built in the core of other cities such as Nashville, etc. Development economics dictate this in general.

If this gets going and concrete is above grade I will buy those who like this post a beer (or whatever beverage) one day to celebrate. Not joking.