barhonda
New Member
Why is there orange tarps scattered all throughout the building?!
East Junction | 86m | 25s | Regency Developments | DER + Associates
- Thread starter Daveography
- Start date
MacLac
Senior Member
Inside or outside?
_urbanite
Senior Member
Cost saving measure
IanO
Superstar
*world class iconic design*
Yeggy
Active Member
Work has recommenced on the property. There is excavation happening and possibly a structure that may be the base for a crane. Too soon to tell, for me at least.
MacLac
Senior Member
Most likely their dumbed down 6-storey from what it's original height was supposed to be...on the existing parkade.
Yeggy
Active Member
The tax structure changes the feds are making may be helping to launch stalled rental development.
Here is an old article about the measure that was in the budget but not largely covered.
I don't know what changes were made to prevent the misuse listed.
Here is an old article about the measure that was in the budget but not largely covered.
I don't know what changes were made to prevent the misuse listed.
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fromyeg
Active Member
I’d welcome any action at this point (whatever gets built will be better than the giant pit currently there.) And anything that gets more people living centrally and near transit is a positive in my books, even if it isn’t that exciting.
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rdaner
Senior Member
I take it that this is along the new lrt line? Hopefully the beginning of a trend!
Yeggy
Active Member
My spouse works for a utility company and was doing some work at the site. The rental office for the old gardens buildings has been moved and people currently living in the town homes wont have their rents renewed.
MacLac
Senior Member
What is the "old gardens building?" What do you suggest this all means?
EDIT: you are referring to the buildings still standing? In that case, I guess it means Regency is indeed planning on developing that land. Strange, considering their “open pit of apocalypse” still has enough room for a few more 1000 units…..
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northlands
Senior Member
Definitely sad for the residents, I'm sure it's pretty affordable. But man those have been getting long in the tooth for awhile now.
Yeggy
Active Member
The town houses are called Hollyrood Gardens.
Indeed yes they will be coming down.
as for “open pit of apocalypse” there has been work happening on site.
Its my understanding that the new tax/depreciation wrote offs on purpose built rentals are a real game changer for stalled developments.
The feds get things right some times i guess.
Droxen
New Member
Crews and cranes. Really nice to see things getting active again.
Edmcowboy11
Senior Member
Glad to see movement finally, but also OMG there's movement finally!