MCXavierL
Active Member
Proposed DP and RZ going to Edmonton Design Committee on October 19, 2022.
This is at 8940 106A Avenue.
This is at 8940 106A Avenue.
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- Thread starter MCXavierL
- Start date
Edmontonian
Active Member
EverTrust is new to the game in Canada but their founder did very well in China and supposedly has deep pockets. Not sure how high the chances are this gets built as a two tower project but I think if it does it'll be high quality.
https://renx.ca/evertrust-buy-final-development-site-edmonton-muttart-land
evertrustdevelopments.ca
https://renx.ca/evertrust-buy-final-development-site-edmonton-muttart-land
EverTrust – Delivering A Healthy & Happy Lifestyle
evertrustdevelopments.ca
archited
Senior Member
More info on this Condo project...
mycondopro.ca
Upper Vista Edmonton | Platinum VIP Pricing & Plans | MyCondoPro
Upper Vista Edmonton is a new condo development by Evertrust Development Group. Coming soon to Edmonton's Muttart Urban District.
mycondopro.ca
archited
Senior Member
Avenuer
Senior Member
I wonder if this project will actually be condos or go rental, considering the pressure on home sales of any kind right now with interest rates, price declines, etc.
archited
Senior Member
It's got that skinny-tower unit separation that is typical of a Condo, but your points are valid and it may end up being rentals.
IanO
Superstar
I'd bet rentals... and that would be wonderful to see for the area as it continues to evolve.
EtoV
Active Member
Not bad, but I always think it's a miss when projects of this density don't include commercial. If I'm living in a high density building like this, I want the benefits of a high density neighbourhood, which should be walkable amenities.
JuliallThat
Active Member
Oh I like this! Very very happy to see more interest around Stadium.
IanO
Superstar
Chicken and the egg... density is needed.
There are a few spots that are walkable along Jasper and there right now and Little Italy or 82st/112Ave are both reasonable walks as well.
northlands
Senior Member
What’s interesting to me is the non-local (to even Alberta) developers taking such an interest in this specific area. Exciting project… here’s hoping.
NateTheUrbanist
Active Member
Every time I take the LRT and pass that area, I’ve always wondered if anything was being planned for it. It's nice to see something is being planned to potentially happen there.
Stevey_G
Active Member
Hard to say. Rising rates are going to have a dramatic impact on any new development rentals included. Hopefully they can make a go of it though. The area needs projects like this.
Edmcowboy11
Senior Member
Looking at this whole area, that whole stretch along the LRT could be massively transformative.