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Edmonton Real Estate Market

Sounds the cream of the crop so to speak will be there…..perhaps we’ll get some announcements on some projects?
 
MacLac said:
Sounds the cream of the crop so to speak will be there…..perhaps we’ll get some announcements on some projects?
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I don't think specific project announcements will be made at the forum, but yes definitely a good group of local and national industry leaders. The topics cover a wide range of development in Edmonton from greenfield, infill, different asset classes etc.
 
IanO said:
Do they? In all cases?

So then all of our neighbourhood rinks disappear and you are forced to drive further and this removes community skates and amenities.

Mega-centres are not the be all and end all.
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Agreed. People underestimate how much the consolidation of public facilities can drive up costs & drive down traffic.
 
Edmonton specific report from Colliers isn't out yet, but they've also got the downtown office market with small absorptions and vacancy reductions.

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Grain
IanO said:
A guy on SSP did some quick math on high-rise construction across Canada.
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Toronto 188
Vancouver 68
Montreal 31
Quebec-Levis 27
Calgary 23
Hamilton 12
Ottawa-Gatineau 11
Halifax 10
Kitchener-Waterloo 8
Winnipeg 6
Kelowna 5
Victoria 4
Edmonton 3
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Grain of salt Ian, grain of salt…..surprisingly that Skyscraper website is the LAST source I’d go to for Skyscraper info….ever since I got booted off it a few years ago…lol….it's a joke……of course
 
IanO said:
A guy on SSP did some quick math on high-rise construction across Canada.
---

Toronto 188
Vancouver 68
Montreal 31
Quebec-Levis 27
Calgary 23
Hamilton 12
Ottawa-Gatineau 11
Halifax 10
Kitchener-Waterloo 8
Winnipeg 6
Kelowna 5
Victoria 4
Edmonton 3
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Wow, this could also be used as a ranking of Cities where folks can least afford to raise a family. ;)
 
SarcasticMarmot said:
Wow, this could also be used as a ranking of Cities where folks can least afford to raise a family. ;)
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Yes, pretty much with an maybe an exception or so. Some of those projects were planned, funded or started a few years ago, particularly in the unaffordable, largest cities. I could see those numbers coming down a lot in the near future.
 
IanO said:
A guy on SSP did some quick math on high-rise construction across Canada.
---

Toronto 188
Vancouver 68
Montreal 31
Quebec-Levis 27
Calgary 23
Hamilton 12
Ottawa-Gatineau 11
Halifax 10
Kitchener-Waterloo 8
Winnipeg 6
Kelowna 5
Victoria 4
Edmonton 3
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Does this connect to the discussions around high rise buildings in Edmonton are not feasible due to the economics? I.E., can't command the rent that would cover the costs? Mind boggling and sad statistic none the less if it is in fact true.
 
JMatt88 said:
Does this connect to the discussions around high rise buildings in Edmonton are not feasible due to the economics? I.E., can't command the rent that would cover the costs? Mind boggling and sad statistic none the less if it is in fact true.
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Perhaps this is part of the downside of being one of the few remaining affordable major cities for housing, although I get the sense construction is slowing elsewhere and that just may not be reflected totally yet in these figures.
 
JMatt88 said:
I take back what I said about it being a sad statistic (if true). High rises aren't the only criteria for a vibrant city. Having mid rises in an established, neighborhood with walkability to amenities is also great to have!
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You're not supposed to reconsider your opinion when presented with new information on the internet. You must die on every hill, and learn nothing.
 
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