East Junction | 86m | 25s | Regency Developments | DER + Associates

[David A]

Most folks don't really care about architecture.

SS appliances, 'hardwood', 'granite' - SOLD!

That's true, the interior of the unit where people will spend most of their time and live is really what matters to most people.

Also, Edmonton is definitely less concerned about outward appearances than other places. Sometimes its almost like people here want to hide or downplay the fact they are living comfortably, whereas in other places they often want to flaunt it.

However, when this building is not so new, the drab outside appearance might become more of an problem.

 

[Oilers99]

But land costs may be higher in a central area

You would expect some premium from a more central location.

Land costs on concrete high rise are often less than 10% of the overall cost and sometimes less than 5%, so while it does have an impact on rental and sale rates it's not as material as it would be on horizontal housing.

 

[Stevey_G]

can people fill me in why Regency gets so much hate?

I just don’t like them.

 

[BASE]

Hate is a strong word for sure but there have been a ton of disappointments with ugly empty sites. The ugly build execution in Holyrood speaks for itself. Even some earlier nicer aesthetic builds like Pearl and High street district properties both had envelope issues requiring big cash calls for owners.

Always cheer for groups to be successful but Regency hasn’t had a great track record.

 

[David A]

I feel its more than disappointment although that is part of it, maybe more towards anger than hate. They don't seem to be making an effort or really care anymore.

 

[positive1]

 

[JNO1]

This beast set the design clock back to 1980. Good gawd!!!

 

[quit]

There were lights on the other evening. Not sure if people are already moving in or they are staging show suites. Multiple units though and you could see things on the walls. Top floor lights were also on. Regardless of my disdain for the building, it will be really good for the population of the area when this building rents up.

Hopefully they sell to an owner that hires a reputable property management company. I've heard mixed reviews about the Edgewater Buildings, but that is on the new owners/property management company rather than Regency.

 

[MCXavierL]

This afternoon

 

[IanO]

I will entitle this '2023 meets 1973 Mother Russia'.

 

[David A]

I take it you are not a big fan of brutalist architecture. It probably won't win many awards, but at least they got this one built.

 

[ChazYEG]

I take it you are not a big fan of brutalist architecture. It probably won't win many awards, but at least they got this one built.

I'm with @IanO on this one. I'm just not a fan of ugly architecture.

 

[EtoV]

Calling this brutalist is veeeerrry generous Lol. I'd put it in the catagory of just brutal.

 

[MCXavierL]

Mother Russia in all its glory last night. Joking aside the views must be pretty amazing.

Occupancy started this month.

 

[The_Cat]