Hat at Five Corners | ?m | 24s | Cidex Group

[quit]

100% occupied?

I'd be surprised given the prices they were looking for - maybe they came down really fast.

 

[jason403]

100% occupied?

There are units available, so no, not 100% occupied.

 

[cmd uw]

I'm sure he meant to say 'completed'. Anyways a building this size will take several months to fully lease out.

 

[northlands]

I'm really wondering if there is any rumours regarding the main floor tenants?

Bumping this comment as I am also curious. Right now I can't imagine it'd be easy to find willing tenants.

As I see it, the place has three things going for it:

1. VERY hard to beat vehicle traffic, especially from people heading in and out of downtown
2. Proximity to east DT--if you're in Canada Place or Century Place, it's a two block walk down 102 ave
3. The Moth across the road--something complementary could create a cute little granola node

So given that I can't wait for a 711 to move into the prime corner space

 

[northlands]

Also, have they done anything in conjunction with the City to improve the sidewalks around it?

Because I would also like the record to state that unfortunately this property has some of the worst sidewalk available in Edmonton. Very narrow, no buffer from the aforementioned heavy vehicle traffic and a super shallow curb. It's about as unpleasant to traverse as it gets for pedestrian traffic.

*vomits*

 

[Daveography]

Probably waiting for the next phase of Jasper Avenue New Vision, which should come with wider sidewalks.

 

[northlands]

One would think there could be something done here to have that process more integrated with development but that is far beyond my scope of knowledge to comment on.

 

[Kaizen]

This evening from Strathern Dr.

 

[Avenuer]

Nice to see the tower starting to fill up, albeit slowly.

 

[KreationYEG]

 

[Kaizen]

 

[Kaizen]

 

[ION]

$1550/month for 541 sq ft studio.... Yeah no wonder they're empty... Nice though, but given the economic reality of today? A tough sell... Certainly not for everyone but if the price was right tempting...

 

[thommyjo]

This one is also premature for the area for that pricing. Quarters is not desirable yet compared to downtown, Grandin, Oliver, whyte. I can think of multiple towers I'd choose over this coming at it from multiple angles. Access to transit, food scene, work accessibility, parks, river valley, arts, building amenities, price.

From every angle I'd choose another spot sadly. Their prices need to better match their reality. 1550 starting for a 1bdrm in a few years would make more sense.

 

[ChazYEG]

This one is also premature for the area for that pricing. Quarters is not desirable yet compared to downtown, Grandin, Oliver, whyte. I can think of multiple towers I'd choose over this coming at it from multiple angles. Access to transit, food scene, work accessibility, parks, river valley, arts, building amenities, price.

From every angle I'd choose another spot sadly. Their prices need to better match their reality. 1500 for a 1bdrm in a few would make more sense.

Second that! I haavefriends living in better units in Oliver, 3x the size and all of the amenities, paying the same and even less.
The Sky Residences, in the Stantec, are in the same price range and the Legends is just a little bit above that. There's at least a dozen buildings I'd choose, at this price point.

I've been looking for a new apartment in the downtown area, I've considered the Hat, went to visit and all. Nice building, killer views of Downtown and the River Valley, but overpriced.