What do you think of this project?

  • Total voters
    26
I liked this tidbit from the EJ linked above. "“The terms of our lease agreement with the Katz Group reside in a larger real estate agreement and that I am not able to comment on publicly.” Makes me wonder what is in the "larger real estate agreement" and why since Boyle Street sold it they would be privy to anything in a Katz project.
 
while the decisions are between boyle street and their new albeit temporary landlords (and those landlords’ other tenants) i’m pretty sure the comments about all of the new spaces being handicap accessible isn’t actually the case for the mercer building.
 
EdmTrekker said:
I liked this tidbit from the EJ linked above. "“The terms of our lease agreement with the Katz Group reside in a larger real estate agreement and that I am not able to comment on publicly.” Makes me wonder what is in the "larger real estate agreement" and why since Boyle Street sold it they would be privy to anything in a Katz project.
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Is it possible the Katz Group threatened to pull funding for the new Boyle Street building if they didn't vacate? That's a rumor I've heard.
 
Glenco said:
What do you know for sure? Otherwise best not to spread rumours.
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There wouldn't be much on this site if people didn't share rumours ;) It does add up though.

Boyle Street could surely afford the unchanged "nominal" lease the Katz Group was charging. If building maintenance/immediate repairs were too expensive, that's something they could probably just say outright.
 
It does sound like the building needed some major work. I suspect in the end neither the tenant or the landlord wanted to spend signifcant money on a building that may not be around much longer.
 
Reference ID:Job No 485385111-002
Description:To Operate a Professional, Financial and Office Support Service and Community Recreation Service (NDPR)
Location:10363 - 104 STREET NW
Plan NB1 Blk 3 Lots 187-188
Applicant:THE BOYLE STREET SERVICE SOCIETY
Status:No DP Required
Create Date:2023-09-21T10:26:57Z
Neighbourhood:DOWNTOWN
 
Boarded-up
GhMkidL.jpg
 
I do wonder if the hurry and rush on boarding this up (and hopefully demolition to soon follow) means development of Ice District 2.0 is closer than some of us might be thinking? I might be optimistic here but I'm curious.
 
Munanyo said:
I do wonder if the hurry and rush on boarding this up (and hopefully demolition to soon follow) means development of Ice District 2.0 is closer than some of us might be thinking? I might be optimistic here but I'm curious.
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It could be, but it could also just be from Fan Park event organizer complaints.
 
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