Gronk!
Senior Member
Yup, still an empty lot
- Thread starter Daveography
- Start date
MacLac
Senior Member
Is it common practice to bring in a packer to a site when construction on said site is imminent?
IanO
Superstar
Not for the whole site necessarily, but prior to excavation you may want to have more of a consistent site for site prep, shoring, weight bearing, trucks, site trailers etc. etc.
But who knows in this case.
But who knows in this case.
Canadian 001
Active Member
Some Outcomes
1. Parking lot for 2 years then Project gets built
2. A slight reduction in scale (shrunk by 3 floors)
3. Construction site in a few months
4. Site sold and Major reduction in scale (Rebuild strip mall)
5. 6-floor wood frame by westrich
6. The city buys the site and builds a park
7. Parking lot for 15 - 30 years?
1. Parking lot for 2 years then Project gets built
2. A slight reduction in scale (shrunk by 3 floors)
3. Construction site in a few months
4. Site sold and Major reduction in scale (Rebuild strip mall)
5. 6-floor wood frame by westrich
6. The city buys the site and builds a park
7. Parking lot for 15 - 30 years?
MacLac
Senior Member
Hoping we didn't get duped on this one. Coincidentally enough, I read yesterday on LinkedIn that Nearctic is offering investors into their newly minted, "Industrial Property REIT," that they are starting. So maybe that's where their dollars are going.......
mcr
Active Member
Put me down for #8 - empty lot for 10-15 years. Not even a parking lot. I pray I'm wrong
northlands
Senior Member
Foolworm
Active Member
It's infuriating because there are literally no other restaurants (the Red Ox Inn is gone too) in a 2 km radius. Literally have to go to Whyte unless you call for delivery.
northlands
Senior Member
Duggans & Bulgogi house I think are within 2 km, but I totally understand your point and frustration with this.
Yeggy
Active Member
I talked to a city planner about this site when we were doing the district plannjng.
I told them to go to council with a bid to buy the whole strathearn heights parcel. I am
so tired of the city taking on all these high risk parcels of land with site remediation and social issues. I said buy it and parcel it out with restrictions Nd build timelines. Be Bold like Calgary and stop p**** footing around. This site and owner have been nothing but a bunch of (insert multiple swear words) We literally built them an LRT, if that wasnt enough incentive buy the whole dam thing.
I told them to go to council with a bid to buy the whole strathearn heights parcel. I am
so tired of the city taking on all these high risk parcels of land with site remediation and social issues. I said buy it and parcel it out with restrictions Nd build timelines. Be Bold like Calgary and stop p**** footing around. This site and owner have been nothing but a bunch of (insert multiple swear words) We literally built them an LRT, if that wasnt enough incentive buy the whole dam thing.
Avenuer
Senior Member
Yup, Nearctic is a joke.
Yeggy
Active Member
Well now we can have the best food truck festival ever… in this gravel lot… next to a billion dollar train we built for it.
Btw someone was asking why start the redevelopment here? this site is to house the community amenities for the other buildings. Also, i suspect, best opportunity for relocation of existing tenants.
scyeg
Active Member
https://www.nearctic.com/property/strathearn-heights-apartments/ LOL. The page for this no longer exists on their website. So it's been canceled, I guess? How can the city possibly be okay with this?! Just mind-boggling stuff.
MacLac
Senior Member
northlands
Senior Member
Their entire residential portfolio section of their website is apparently removed at this time: https://www.nearctic.com/properties/residential/
Industrial & Office both still remain