Clearshades
Senior Member
Looks like how some parkades in CBD should look. Well done!
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strata
Active Member
Yup, that's correct
IanO
Superstar
Heard from someone involved that this underachieved in sales and that future phases are being reviewed as to product type, positioning and overall strategy.
Not really surprising given the $/sqft, but it looks great and once LRT is there (and construction completed) it will be more attractive to more people.
Not really surprising given the $/sqft, but it looks great and once LRT is there (and construction completed) it will be more attractive to more people.
Clearshades
Senior Member
The area requires some revamping not just this site itself.
thommyjo
Senior Member
Lots of 1.2-3.5m units. Tough to sell when those same prices get you a nice house 2mins south with no condo fees locked in and a yard if you wanted that.
Beautiful units, but a lot were super pricey
archited
Senior Member
Does "someone" have a name or this another 'O for goodness sakes.
IanO
Superstar
I regularly speak with former colleagues, friends and counterparts back in Edmonton and often inquire about projects they are involved with; so yes, they have a name.
cmd uw
Active Member
That's not new news bud. They've said the commercial has performed better than the condos. They were positioning the next phases to be rental pre-2020.
IanO
Superstar
Not saying it is, but in light of the new parking lot it deserved a mention.
cmd uw
Active Member
Surface parking doesn't bother me when it is done right, like this. I also don't blame them as this parking is quite important for their commercial tenants and will be even more important when the LRT construction creates some temporary disruptions along Stony Plain Rd. Access to 'easy' parking is key even when it's paid.
Canadian 001
Active Member
Impark is NOT Temporary this is now a Permanent parking lot and is now owned by Impark Corporation
strata
Active Member
Impark may be running the lot, but I do not believe they own the piece of land.
Agree with @cmd uw that this was necessary to support all the commercial businesses there that will need quality parking while LRT construction is underway. People that don't live in walking distance would probably keep their distance from the nuisance of the construction unless they knew they had a convenient place to park.
It is a good way to create some cash flow in the meantime as well. I was under the impression the tower on the La Roma site was the next stage anyways, so I wouldn't take this as a white flag that they are giving up on developing that piece.
Agree with @cmd uw that this was necessary to support all the commercial businesses there that will need quality parking while LRT construction is underway. People that don't live in walking distance would probably keep their distance from the nuisance of the construction unless they knew they had a convenient place to park.
It is a good way to create some cash flow in the meantime as well. I was under the impression the tower on the La Roma site was the next stage anyways, so I wouldn't take this as a white flag that they are giving up on developing that piece.
Canadian 001
Active Member
oops My bad
archited
Senior Member
^^^^ You are getting quite good at spewing misinformation.
cmd uw
Active Member
Incorrect. Impark manages the parking lot. Site is still owned by Cantiro (or whatever the company name might be tied to Westblock).