darwink
Senior Member
Yeah. In Bragg it would be basically building a 'new town' adjacent, with everything from water treatment up.
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- Thread starter Surrealplaces
- Start date
Morshed
Active Member
we are getting a Sunterra market or similar food market downtown by the Peace bridge soon, exciting news:
The result is that LaCaille Group is investing more than $1 million and a lot of energy — with the help of Frank Architecture & Interiors the two floors are being separated into independent business operations. The 4,000 square feet of space on the main floor is being marketed as a possible food store, with the idea that the area needs a quality grocer like a Sunterra Market. The 6,700-square-foot second floor is being gutted back to the walls, reconfigured to provide better restaurant space with all new windows from ceiling to floor offering better views along the Bow River and over the west area of the city.
The result is that LaCaille Group is investing more than $1 million and a lot of energy — with the help of Frank Architecture & Interiors the two floors are being separated into independent business operations. The 4,000 square feet of space on the main floor is being marketed as a possible food store, with the idea that the area needs a quality grocer like a Sunterra Market. The 6,700-square-foot second floor is being gutted back to the walls, reconfigured to provide better restaurant space with all new windows from ceiling to floor offering better views along the Bow River and over the west area of the city.
darwink
Senior Member
Nice- imagine something a bit larger than their Crowchild/Kensington road store. Or a similar offering from someone else.
That'll be nice, perfect location for it.
ByeByeBaby
Active Member
4000 sq feet is more-or-less the size of Bridgeland Market or Bite in Inglewood; with the proper mix of food, that could be a great location. Not enough to be a full grocery, but enough to do a mix of staples and grab-and-go.
1875
Senior Member
anyone know why theres zero work going on finishing the 5th ave underpass?
darwink
Senior Member
They probably got ahead of their contractors or some critical piece of equipment to install.
Rollerstud98
Active Member
Saw some form work going on at the 9th ave bridge today.
UrbanWarrior
Senior Member
Oh wow that’s very cool. I’ve been noticing a lot of work going on there as I work at The Concord every Friday. What an awesome adaptive reuse concept.
Alex_YYC
Senior Member
Sunterra or Urban Fare would be great, or maybe Byte. They would get great foot traffic at that location.
Morshed
Active Member
Saw a sign for a condominium development on Nose Hill dr, in SCENIC ACRES. Affinity condos, from their website it's going to be a Luxury development...not sure if it will happen since people don't want to buy condos cause of Covid restrictions and because no one buys condos in Calgary anyhow 
and with prices starting from 600k.
check it out: Affinity Calgary
and with prices starting from 600k.check it out: Affinity Calgary
MichaelS
Senior Member
Interesting location:
www.google.ca
With views out over the river valley, maybe they are looking at The Views by Statesman as a comparable:
www.theviewscalgary.com
Google Maps
Find local businesses, view maps and get driving directions in Google Maps.
With views out over the river valley, maybe they are looking at The Views by Statesman as a comparable:
The Views Calgary
www.theviewscalgary.com
darwink
Senior Member
I suspect some dormant parts of the market will become quite active again. After 18 months of little activity those who want to downsize and have a secure residence they can lock up and leave to go away for a month or more. Plus if they can sell their current place more easily, could unlock a whole lot of movement.
it is somewhat like started condos/apartments - there is 18 months of household formation and two pse graduating classes of pent up demand right now. If the market might be able to adapt fast to let’s say a 10% surge — what happens when the surge is 50% and sustained for two years?
Properly timed projects will make bank.
it is somewhat like started condos/apartments - there is 18 months of household formation and two pse graduating classes of pent up demand right now. If the market might be able to adapt fast to let’s say a 10% surge — what happens when the surge is 50% and sustained for two years?
Properly timed projects will make bank.
MichaelS
Senior Member
Let's hope, because condo sales are in rough shape. The market was bad even prior to Covid, so hopefully the pent up demand helps recover to higher than what it was.
DougB
Active Member
Interesting location:
Google Maps
Find local businesses, view maps and get driving directions in Google Maps.
With views out over the river valley, maybe they are looking at The Views by Statesman as a comparable:
The Views Calgary
What formerly occupied that site?