|
|
|
- Thread starter Surrealplaces
- Start date
Looks like one of them is Palliser One which was already being converted...or maybe went ahead because of the funding? The other two look like good candidates.
MissingMiddle
Active Member
For reference, there's about 14,100,000 sqft of vacant office space in Downtown. Works out to removing about 3% of the vacancy, or equal to the entirety of then office vacancy in the West End (~498k sqft) [ CBRE Calgary Q1 2022 Report ].
Not quite a tide shift, but a positive impact none the less.
I think we're pointed in the right direction. Keep building residential downtown, fill in those empty parking lots, and shift streets away from cars and towards people. The relatively low cost of living, proximity to the mountains, and a growing arts and culture scene will keep Calgary doing well. Get the Green Line, Arena, BMO, Glenbow, and Arts Commons built and for the love of god build substantially more midrise and 15 years from now the city will be unrecognizable compared to the late 90's.
darwink
Senior Member
TBH, with 100% flexible money that could have been spent on literally anything, this $30 million could have been used much more imaginatively. $3 million a year to support live music, pop up galleries, park activations would go much further.
JonnyCanuck
Senior Member
Palliser One was tendered and they were just waiting for confirmation of funding. So this should get started pretty soon.
It would be nice if they could do both. The conversion are nice as they are a one time cost, and hopefully never convert back to office. Going forward there will always be that extra population. But yeah, it's also important to draw people into downtown.
darwink
Senior Member
The number of units is small. The square footage is relatively small. The dollar amounts are going directly from our pockets with little but hand waiving in the way of modelling.
I just want a public benefit for public investment.
I just want a public benefit for public investment.
CalgaryTiger
Active Member
205 9th Ave is underrated. I know this era of architecture is looked down on but I actually think this is a well executed building of that era. Will be nice to have more people on this block, close to Culture and Entertainment District, Arts Commons, Glenbow, etc.
The other one in the SW is little meh.
adamyyc
Active Member
I'm in favour of the program, and I think that the incentive is a relatively small amount to pay for the level of investment that the developers will have to spend in order to get the $75/sqft up to a maximum of $10M per project (although it appears that Paliser One is getting $15M).
I really like the look of the HAT @ Arts Commons conversion (middle image below).
The only concern I have is that this program is going to suck all the oxygen from other programs/projects that I personally think will have a greater public benefit, whereas this program has a significant private benefit. The Main Streets program for example has moved at a glacial pace, and I personally would prefer to see those projects funded before this program.
When I saw that the 2021 budget surplus is $147M, the first thing I thought was that I bet a significant amount of that ends up going into the Downtown Calgary Development Incentive Program.
Regardless, more people in the core is a positive thing!
calgary.ctvnews.ca
www.calgary.ca
I really like the look of the HAT @ Arts Commons conversion (middle image below).
The only concern I have is that this program is going to suck all the oxygen from other programs/projects that I personally think will have a greater public benefit, whereas this program has a significant private benefit. The Main Streets program for example has moved at a glacial pace, and I personally would prefer to see those projects funded before this program.
When I saw that the 2021 budget surplus is $147M, the first thing I thought was that I bet a significant amount of that ends up going into the Downtown Calgary Development Incentive Program.
Regardless, more people in the core is a positive thing!
Vacant office space in 3 Calgary buildings being converted into residential housing
City officials have announced the first three downtown buildings that will see vacant office space repurposed into residential housing as part of Calgary's Downtown Calgary Development Incentive Program.
Downtown Calgary Development Incentive Program
www.calgary.ca
darwink
Senior Member
These projects will add less street life than the 2 hotel projects recently completed/near competition.
The city's vision is to literally do this but times 20. $500+ million bucaroos into private developments.
For Aspen, I'd rather the city had used the same money to attack the palliser podium, instead of the tower. Much more future public good to go on in that block. I'd rather have the city buy entire low class towers based on lowest $/acre and bringing them down and putting lawns on the sites instead of subsidizing market rents.
It is a poorly conceived program where the only measurable output is the input. I'm worried people will be so self congradulatory about it that it is inevitable that it will crowd out better projects.
The city's vision is to literally do this but times 20. $500+ million bucaroos into private developments.
For Aspen, I'd rather the city had used the same money to attack the palliser podium, instead of the tower. Much more future public good to go on in that block. I'd rather have the city buy entire low class towers based on lowest $/acre and bringing them down and putting lawns on the sites instead of subsidizing market rents.
It is a poorly conceived program where the only measurable output is the input. I'm worried people will be so self congradulatory about it that it is inevitable that it will crowd out better projects.
Last edited:
Duck Lightning
Active Member
Who owns the land (parking lot) to the east of 205 9th Ave SE? It would be perfect for Cidex to develop that land in conjunction with this project
haltcatchfire
Senior Member
That Cidex one is destroying the history of a super cool building. One of my favourites. Of course they choose dark blue. Probably most of it spandrel as well.
Beazley66
Active Member
Totally agree.
O-tac
Active Member
Palliser 1 finally looked good. I can't make out whether the white line pattern will continue in the area with balconies. Does the pattern stop halfway just like the balconies? Aspen spent a decent chunk of money redoing that exterior and now they're ripping it up again. Also agreed about the Hat (Does every Cidex project have that name?!?!?) destroying the integrity of the original building. I fully expect cheap and ugly spandrel to adorn most of the exterior. At least they're preserving the arches.
Cyric
Active Member
It's Cidex and yes they can screw up just about anything but cheap ugly spandrel already adorns most of the exterior on this building. The major architectural elements seem to be staying at least from this early rendering with the arches, the columns (ribs? I don't know what to call them) and the roof staying the same., The biggest changes look to be the colour of the spandrel and glass and the change to the mullions.