[IanO]

 

[ChazYEG]

Conversion into an apartment it seems.View attachment 347918

Is that solid info? Because as much as having it as a hotel is nice, having people live there year-round would be incredible for the area!

 

[IanO]

Maybe I dreamed it but didn't we see a conversion permit?

 

[EdmTrekker]

Wow. It's going to take a lot of $$ to redo the electrical, stove ventilation, plumbing for ensuite laundry. But then maybe its transitional housing rentals and the city picks up the cost of doing all the renovations (which is significant)?

 

[EdmTrekker]

Maybe I dreamed it but didn't we see a conversion permit?

I don't recall seeing anything on that for this building.

 

[northlands]

I am hearing some really bad things going on internally with this hotel owner Prem Singhmar and the City of Edmonton. I have a feeling that it will and probably should be publicly released soon.
Really shady stuff

Was there anything further anyone heard RE this?

 

[archited]

Sounds like Gossip to me -- meet me at the laundromat!

 

[EdmTrekker]

Maybe I dreamed it but didn't we see a conversion permit?

Maybe you want to delete your post?

 

[Tommy2342]

That hotel must be losing SO much money, considering it's in a bad area, and it'll be years until its profitable again due to Covid. It makes sense to spend a couple million to revamp it into rentals and MAYBE still make financing payments to avoid foreclosure. Thanks Ian!

 

[IanO]

Maybe you want to delete your post?

I cannot confirm it so I will, but swear something was shared.

 

[northlands]

Here is a fun one, check out the Indeed employee reviews for AUM Group which owns this site: https://ca.indeed.com/cmp/Aum-Hotel-Group/reviews

 

[quit]

Maybe I dreamed it but didn't we see a conversion permit?

Major Development Permit

Reference Id: Job No 367417937-002 Description: To change the Use from a Hotel to a Lodging House (249 Sleeping Units) / Multi-unit Housing (6 Dwellings) building. Location: 9576 - JASPER AVENUE NW Plan 1323656 Blk 4 Lot 1 Applicant: INVISTEC CONSULTING LTD Status: More Information Required/Requested Create Date: 2020/07/09 Neighbourhood: BOYLE STREET Class Of Permit: Class A

This as well:

Reference Id:	Job No 384012627-002
Description:	To construct 2 rooftop Telecommunications Facilities (18 antennae, shrouded) with Accessory structures.
Location:	9576 - JASPER AVENUE NW
	Plan 1323656 Blk 4 Lot 1
Applicant:	LANDSOLUTIONS LP
Status:	Issued
Create Date:	2021/01/18
Neighbourhood:	BOYLE STREET
Issue Date:	2021/02/10
Class Of Permit:	No Development Permit Required

My guess is some of the original issues with the hotel are holding up the new DP since it was submitted last year.

 

[IanO]

That's the one. More flexibility in use and viability.

 

[EdmTrekker]

Wow. (249 Sleeping Units) / Multi-unit Housing (6 Dwellings). Is not the permitted use for either a hotel or not? Were they planning on giving up the permitted use as a hotel? Is there another property in the city that is multi-purpose permitted use of hotel, hostel, room house and apartment rental?

So this may be one of the transitional housing buildings the City is looking at buying ... if it were approved. Given the building is likely financed, I can't imagine the lenders are in a hurry to see their investment "downgraded" by a change in permitted use unless they have a guaranteed revenue stream that they find acceptable or they can off-load. .

 

[Aaron_Lloyd]

Just walked by this one the other day, lots of homeless just sitting on the concrete in front of the unleased retail bays, plenty of broken windows right now. I think it makes the whole city seem like a bad investment when a developer who takes a risk to build a nice looking building here is completely burned by it.

Adding further to the existing burden of the Quarters by turning this into transitional housing is just absolutely crazy, would turn this once beacon of change and improvement for the Quarters into an emblem of the city's continued abject failure to make the area more livable and vibrant.