News   GLOBAL  |  Apr 02, 2020
 8.9K     0 
News   GLOBAL  |  Apr 01, 2020
 40K     0 
News   GLOBAL  |  Apr 01, 2020
 5.1K     0 

  1. Electrical Storm

    Urban Development and Proposals Discussion

    Quarry Bay Investments has a deal with Coop for their Dalhousie, Oakridge, and Winston (and possibly Silverado) stores, which have to be under redevelopment by a certain date. From what I know, Quarry Bay entered the deal with the intent of marketing the projects and bring them through the...
  2. Electrical Storm

    Urban Development and Proposals Discussion

    Yeah, University DIstrict and West District are huge long term plays for them.
  3. Electrical Storm

    Urban Development and Proposals Discussion

    Archer, West 17, Truman North, Gateway, Wilshire, Maple, Esquire (University District)... They have a lot on the go as is. The Legion project has been significantly de-risked and they've brought value to the land since they came in. Like Surreal said, its a bigger and riskier endeavour than...
  4. Electrical Storm

    Urban Development and Proposals Discussion

    Not sure where to post this; The Kensington Legion project as we know it is dead. Truman is looking to exit the Legion deal, and they are working with CBRE to sell the site. They are looking to raise capital for their other (ie: lower risk) projects.
  5. Electrical Storm

    Infill Development Discussion

    These are stunning - but they are going for $1.4M per unit (personally asked the builder as I was interested in these). Those rowhomes in Capitol Hill for $600k are pretty reasonable IMHO. Similar listings in the same community are asking similar pricing, without park views. RNDSQR stuff in...
  6. Electrical Storm

    General Construction Updates

    Great insight! Thanks for bringing this up. With CMLC's track record thus far, I'm sure they will be able to line a good partner. What's the depth of the Green Line tracks under that block?
  7. Electrical Storm

    General Construction Updates

    Currie is definitely still going ahead. Development has slowed down considerably since the downtrurn... keep in mind that the typical single detached home in Currie is well into the $800-900k to $2.0M range, so that market is certainly less resilient than it once was. Condominium projects like...
  8. Electrical Storm

    General Construction Updates

    CMLC now owns the site that was slated to be the Marriott Club Sport. My hope is that someone like BOSA picks it up from CMLC and they recreate something along the lines of Evolution in EV.
  9. Electrical Storm

    Calgary | The Royal | 114.9m | 34s | Embassy Bosa | Abugov Kaspar

    Canadian Tire has apparently backed, but Urban Fare is still committed AFAIK. Any word on who is taking over the Canadian Tire space?
  10. Electrical Storm

    Calgary | Aria | 22m | 6s | NORR

    Project is called 'Rhapsody'... 288 unit rental building. Really excited for this one!

Back
Top