What do you think of this project?


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It’s also probably a better outcome to not have warehouse park surrounded completely by large towers. Some variability in heights will be good.
I sorta liked the idea of the SW and NE corners having towers, and then the south side hopefully getting more of a midrise format. Better connecting 104st to 108st with a few towers would be nice for the skyline too. But I guess we’ll take what we can get! Beats parking lots.
 
Townhomes will compliment the park feel for a more residential, people friendly, green street. Commercial is great, but there is lots nearby. I’m sure future developments will also have commercial.

Some of the best streets in DT Vancouver are lined with townhomes on both sides.
 
Autograph can pretty accurately predict the price of midrise concrete construction as well as anyone in Edmonton now. The cost per unit in Mercury Block compared to The McLaren came out to be significantly lower despite the more favourable wages at the time of The McLaren's construction.

Rough estimate is $180k/unit vs. $220k/unit (this isn't Gospel, the Edgar team can always correct me).

I have faith in Autograph's ability to build people first spaces, so I'll be happy if they choose to go this route. They could plop another element themed/ MB 3 here, and I'd be happy. More brick this time to fit the area, please 😉.

This is very insightful. Does someone mind giving me the quick notes on why the lower heights have such a big profitability advantage right now in our market? It seems like this must have shifted over the last few years since high-rise residential starts dried right up (and replaced with Mercury Block-scale developments).
 
Stick-frame/wood is much more economical, even if partially hybrid with various composites, systems, steel or concrete.

The general rule of thumb is that concrete high-rise is ~$100/sqft more to build and at the moment people are not paying premiums for that product, let alone making the numbers work to have most projects proceed.
 

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