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  1. cmd uw

    Edmonton Real Estate Market

    Many homes in highly sought after neighbourhoods such as Westmount don't stick around. And if they do they are either overpriced or require a lot of work relative to the asking price.
  2. cmd uw

    Blatchford Development | ?m | ?s | City of Edmonton

    In 12-15 years those elms will be big enough to provide a wonderful tree lined promenade. Just watch. In fact I expect those elms to do really well given the amount of space they have for their roots to grow.
  3. cmd uw

    Oliver and 124st - Infill Thread

    And many developers in Toronto 'hate' those stepbacks. They do it because there is a stupid planning policy that compels them to do so.
  4. cmd uw

    Edmonton Real Estate Market

    Walton has been primarily focusing on the US. They also went through some financial troubles a few years ago and had to sell a number of properties in Canada.
  5. cmd uw

    Downtown Real Estate

    100% concur....
  6. cmd uw

    124 Street BIA / Westmount General Discussion

    Flirtybird just didn't make it. Bloom outgrew their space and relocated once their lease expired and Credo closed once its lease expired, my understanding is that the main reason was that they had too big of a space to make their margins compared to 104 and Enbridge.
  7. cmd uw

    Brighton Block | 24m | 6s | Primavera | Hodgson Schilf Evans

    Give it up on complaining about these sorts of stores. FFS. I mean how many cannabis joints are there downtown really???
  8. cmd uw

    Edmonton City Centre Mall (Renovations) | ?m | 2s | LaSalle Investment Management

    Yeah, same. Not sure what David's talking about.
  9. cmd uw

    Bateman Lands Mid-Rise | 34m | 8s | Bateman Properties | Next Architecture

    So would you rather have a developer build space that remains vacant for an extended period of time or have spaces that can be immediately occupied by people and activated? A lot of things need to be in place in order for main street retail to be successful - from the design of the adjacent road...
  10. cmd uw

    Bateman Lands Mid-Rise | 34m | 8s | Bateman Properties | Next Architecture

    Not really, the retail asset class has been performing well and continues to do so. About 10 years ago a looooot of people were predicting that bricks and mortar retail was doomed but we've soon realized that while many retailers (both small and chains) have found there's a balance between...
  11. cmd uw

    The Mezzo | 53.95m | 16s | WestOak Development | RAW Design

    This is looking good. Nice to see this take out a dusty lot.
  12. cmd uw

    Army & Navy Redevelopment | ?m | 6s | Edgar

    Typically before the actual sale you 'tie up' (AKA get it under contract) the property for a period of time so you can complete the necessary due diligence (commission reports such as Environmental Site Assessments, Hazardous Building Materials Assessments, figure out the development programme...
  13. cmd uw

    The Clifton | 55m | 15s

    To clarify she played a pivotal role in getting the Clifton approved through the planning approvals. Which they have. The only thing holding this back right now is sales. It's all about financing right now. I suspect you'll see this one start up come the fall.
  14. cmd uw

    The Mercury Block | 21.7m | 6s

    Did Credo on 124 Street officially close?
  15. cmd uw

    Bateman Lands Mid-Rise | 34m | 8s | Bateman Properties | Next Architecture

    I do believe they should have some retail (and it's marketable) but to mandate the entire podium is not ideal.
  16. cmd uw

    Blatchford Development | ?m | ?s | City of Edmonton

    The BIGGEST difference between University District and Blatchford is the location where they decided to initiate development. The decision to start Blatchford where it is was based on the proximity to services (less cost). As development advances east-southeast towards NAIT and the LRT Station...
  17. cmd uw

    The Shift | 113.08m | 38s | Edgar | MCM Partnership

    I am not worried how Parks leases up. It'll be just fine.
  18. cmd uw

    Saint A Square | ?m | 7s | Niche Developments

    You will be judged based on your results. These guys build one project and struggle to get anything else going. Yes, amateur hour indeed.
  19. cmd uw

    Edmonton Real Estate Market

    It has more to do with how long it takes to repatriate equity and profit. In condo projects there is a defined exit based on the velocity of sales. In and out. Rentals provide a return over a longer term horizon. Capital is tied up for longer.

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