thommyjo
Senior Member
Upper vista towers are already dead I believe. But I like the rest of this list!!
|
|
|
2024 Predictions
- Thread starter bodsbods9090
- Start date
dunno
Active Member
Oh really? I missed that news. That sucks... it seemed promising!
MacLac
Senior Member
I concur with your “Parks” sentiment. I believe that Maclab was hesitant on the city’s ability to fulfil their promise of actually building the “Warehouse” park. Once we/they see shovels in the ground…..it should accelerate the second tower.
occidentalcapital
Senior Member
Housing is going to get more expensive, especially rental as people are priced out of the purchase market. 1bd rents will reach or be close to $1800/mo.
Announcement of YEG getting direct flights to Paris and New York
Another 50-100 units move forward in Blatchford
Province gives some money to Ice District phase 2
City Centre mall sees 1 or 2 new stores
Another luxury retailer or two is announced for WEM
2-3 new large scale industrial projects are announced or given the go ahead
2-3 new head office relocations to downtown are announced
Hydrogen fuelling stations open and city starts to embrace Hydrogen vehicles. At the same time 2024 will see more and more electric vehicles on Edmonton's streets
YEG cargo hub starts to break ground
Service frequency is improved on the 747 route bus
Province reveals early plans for regional rail around Edmonton
2-3 new food processing/manufacturing companies or facilities select Edmonton or area for new offices and plants
New biotechnology headquarters announced for Edmonton
New AI and Machine Learning institute launches or if U of A
MacEwan business building starts to rise
Maybe 3-4 new towers are announced depending on how far rents have increased and vacancy
Edmonton will see a huge influx of Calgarians priced out of Calgary not to mention ongoing in migration from BC and Ontario
Announcement of YEG getting direct flights to Paris and New York
Another 50-100 units move forward in Blatchford
Province gives some money to Ice District phase 2
City Centre mall sees 1 or 2 new stores
Another luxury retailer or two is announced for WEM
2-3 new large scale industrial projects are announced or given the go ahead
2-3 new head office relocations to downtown are announced
Hydrogen fuelling stations open and city starts to embrace Hydrogen vehicles. At the same time 2024 will see more and more electric vehicles on Edmonton's streets
YEG cargo hub starts to break ground
Service frequency is improved on the 747 route bus
Province reveals early plans for regional rail around Edmonton
2-3 new food processing/manufacturing companies or facilities select Edmonton or area for new offices and plants
New biotechnology headquarters announced for Edmonton
New AI and Machine Learning institute launches or if U of A
MacEwan business building starts to rise
Maybe 3-4 new towers are announced depending on how far rents have increased and vacancy
Edmonton will see a huge influx of Calgarians priced out of Calgary not to mention ongoing in migration from BC and Ontario
fromyeg
Active Member
Any guesses on which Valley Line SE station will be the first to have a new multi family building built near it? (Say minimum 4 storeys).
And will construction on said building start in 2024?
Bonnie Doon and MWTC don’t seem to be redeveloping soon. Grey Nuns, Millbourne and Avonmore, Muttart, and Churchill don’t really have any land suitable for such a project at the moment. (Correct me if I am wrong.)
I would love to see development get going at Holyrood but not sure when things are going to get moving. (Same goes for Strathearn, and the Tower 101 site.)
I would love even more to see the parking lots around the Quarters disappear.
I’d guess Holyrood sees some action first, but no new construction starting in 2024.
Anyone else? (Please let me know if I am way off base on anything!)
And will construction on said building start in 2024?
Bonnie Doon and MWTC don’t seem to be redeveloping soon. Grey Nuns, Millbourne and Avonmore, Muttart, and Churchill don’t really have any land suitable for such a project at the moment. (Correct me if I am wrong.)
I would love to see development get going at Holyrood but not sure when things are going to get moving. (Same goes for Strathearn, and the Tower 101 site.)
I would love even more to see the parking lots around the Quarters disappear.
I’d guess Holyrood sees some action first, but no new construction starting in 2024.
Anyone else? (Please let me know if I am way off base on anything!)
ChazYEG
Senior Member
First half of the year will probably be very quiet, more stuff happening on the second half, including announcements.
The good:
Parks II and Falcons II confirmed for groundbreaking in spring 2025
Qualico Stationlands second tower breaks ground on Q3-2024
The Shift announced for groundbreaking in late 2025.
Cantiro Grandin tower announced for 2025
The Jameson restarts construction in spring 2024
VLW ends 2024 slightly ahead of schedule
Holyrood mid-rise buildings break ground between spring and summer 2024
At least two multifamily buildings break ground in Blatchford
Another 100-150 townhomes start construction in Blatchford throughout the year
The Hat @ Old Strathcona announces the second phase will go ahead immediately after phase I finishes.
Another 2-3 luxury retailers open stores in the WEM
VLSE is a resounding success and reaches high levels of ridership
A few infill projects throughout the inner neighborhoods will keep the current momentum, especially in Oliver, Ole Strathcona and Garneau
The bad:
Housing becomes more expensive, especially in the core
Homelessness and the opiod crisis will remain being a major issue (thanks to the UCP)
Warehouse district park construction will have delays
Jasper Ave renovations will not be included in the budget
The good:
Parks II and Falcons II confirmed for groundbreaking in spring 2025
Qualico Stationlands second tower breaks ground on Q3-2024
The Shift announced for groundbreaking in late 2025.
Cantiro Grandin tower announced for 2025
The Jameson restarts construction in spring 2024
VLW ends 2024 slightly ahead of schedule
Holyrood mid-rise buildings break ground between spring and summer 2024
At least two multifamily buildings break ground in Blatchford
Another 100-150 townhomes start construction in Blatchford throughout the year
The Hat @ Old Strathcona announces the second phase will go ahead immediately after phase I finishes.
Another 2-3 luxury retailers open stores in the WEM
VLSE is a resounding success and reaches high levels of ridership
A few infill projects throughout the inner neighborhoods will keep the current momentum, especially in Oliver, Ole Strathcona and Garneau
The bad:
Housing becomes more expensive, especially in the core
Homelessness and the opiod crisis will remain being a major issue (thanks to the UCP)
Warehouse district park construction will have delays
Jasper Ave renovations will not be included in the budget
dunno
Active Member
Avonmore could theoretically have the homes closest to the station demolished in favour of 4-8 storey apartments or condos. Like around 73rd and 83rd. Grey Nuns... yeah not unless those churches on the corner go. Maybe if some of those townhouse developments nearby get redeveloped but I doubt that'll happen anytime soon. Millbourne would've had a lot more potential if they actually placed the station in the heart of the community (at the mall) instead of where all the low-density homes turn away from the station and have little densification potential on 66th and 38th.
Gronk!
Senior Member
I'm willing to bet the farm on some proposed highrise residential development around the Davies LRT station within the next couple of years. Surely all those acres of parking lots could be better utilized amirite?
dunno
Active Member
It does feel a bit strange of a location for the park n' ride. If you live in Mill Woods, it seems a bit far, past existing LRT in Mill Woods, to drive to. If you live nearby in Avonmore and King Edward Park, you'd probably just walk to the nearest LRT stop. If you live in Hazeldean/Ritchie, you'll probably just walk to 99th and take the 523.
David A
Senior Member
I agree the first part of the year will probably be fairly quiet, but most importantly I feel this will be a year that a lot of the angst and gloom, especially related to the downtown, finally starts to lift some.
This and lower interest rates during the year might help lead to some more projects in the second half of the year, which will help it seem like we have started to recover our momentum. Frankly, 2023 has been a real grind in so many ways, I feel that 2024 the overall mood will improve and as we see some progress that may help even more.
archited
Senior Member
Additional to @ChazYEG projections...
-- Westrich Pacific announces 3 new towers on 104th Street in 2024 with all three beginning construction in 2025
-- Katz announces 2 new ICE District towers in 2024 with one beginning in late 2024 and the other scheduled to start in 2025
-- (and sure to bring on the wotchutokinbout crowd) Alldritt finalizes plans for Quarters tower in 2024 with a planned start in 2025
-- A concept for a downtown Stadium is announced in 2024 (and that initiates a development fever that gives Downtown Edmonton back its MoJo)
-- Norquest announces plans for a high-rise classroom addition on land that they own on 108th Street in 2024 with plans to begin construction in 2026
-- A land transaction is completed for the BoM/Zellers site on 101st Street with plans released in early 2025 and with construction planned for 2026
-- The "Hat" crew doubles down on the Quarters and announces plans for their land adjacent to their existing tower in 2024 with plans to begin construction in 2026
-- Westrich Pacific announces 3 new towers on 104th Street in 2024 with all three beginning construction in 2025
-- Katz announces 2 new ICE District towers in 2024 with one beginning in late 2024 and the other scheduled to start in 2025
-- (and sure to bring on the wotchutokinbout crowd) Alldritt finalizes plans for Quarters tower in 2024 with a planned start in 2025
-- A concept for a downtown Stadium is announced in 2024 (and that initiates a development fever that gives Downtown Edmonton back its MoJo)
-- Norquest announces plans for a high-rise classroom addition on land that they own on 108th Street in 2024 with plans to begin construction in 2026
-- A land transaction is completed for the BoM/Zellers site on 101st Street with plans released in early 2025 and with construction planned for 2026
-- The "Hat" crew doubles down on the Quarters and announces plans for their land adjacent to their existing tower in 2024 with plans to begin construction in 2026
cmd uw
Active Member
Here we go:
1. Merc 2 hits hard and fast.
2. MacEwan Business School starts.
3. Williams Hall finally gets moving along.
4. Maclab presents redevelopment concept for MWTC.
5. Jameson finally starts by mid-2024.
6. Renovation of Manulife podium starts mid-2024.
7. Canderel/LaSalle provide more details on the renovation of ECC East/West.
8. Milner building repositioning starts.
1. Merc 2 hits hard and fast.
2. MacEwan Business School starts.
3. Williams Hall finally gets moving along.
4. Maclab presents redevelopment concept for MWTC.
5. Jameson finally starts by mid-2024.
6. Renovation of Manulife podium starts mid-2024.
7. Canderel/LaSalle provide more details on the renovation of ECC East/West.
8. Milner building repositioning starts.
Last edited:
thommyjo
Senior Member
Avenuer
Senior Member
Lowering interest rates will single-handedly get more projects started than anything else. That, tied to increasing rents and migration to the city should make Q2 - 4 2024 quite busy.
IanO
Superstar
I will be more positive, but continue to be pragmatic and realistic when posting, which may come across as negative to some.
That is all.
That is all.