Urb
Active Member
Can anyone confirm that Hines bought this site from Procura? I just did a title search and it looks like Procura still owns it.
Value engineering? or re-evaluating the project in general?I can confirm that there is another round of budgeting that is going on with respect to this project.
Thanks Jonny! 400 units is pretty hefty, but will be good for that part of the Beltline. How does the podium look?This latest construction tender is for (1) 35 storey tower with 277 residences plus (1) 7 storey building with 186 residences. Last year's budgeting exercise was based on a preliminary concept so I viewed it as high level.
A more detailed rendering and specification package was included in this recent package. The design architect is Solomon Cordwell Buenz and the architect of record is Kirkor Architecture. The project name is now 500 Block South.