J123 | 99.06m | 30s | Streamliner | DIALOG

[Vacs]

I met this developer many times, helped with some pre-construction. In ideal timing this project may have taken off but a few things that made me think the project wouldn't go.
I asked why did you decided to build in Edmonton - My girlfriend is from Edmonton and she keeps asking me when I am going to build in Edmonton.
also, the amount of amenities in the building that they wanted to put in was way over the top, super expensive and they had exterior concrete features up the whole building that were going to be insane expensive.

 

[KreationYEG]

 

[IanO]

The owners are in town looking at comps and trying to sort out what to do with this site and if now is the time or not.

 

[emirvel]

 

[davcocom]

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such a prime location to be an empty lot

 

[TAS]

The owners are in town looking at comps and trying to sort out what to do with this site and if now is the time or not.

Any conclusions?

 

[Glenco]

such a prime location to be an empty lot

An apt description for any number of locations downtown

 

[northlands]

The longer this site sits vacant, the more aggravated I get. Nothing like some s from Toronto evicting a number of small local businesses from their affordable retail spaces on Jasper Avenue, demolishing the buildings, then realizing the economics here don't print money like they do in Ontario, so they abandon it as a weed covered field for four consecutive years and counting.

Me, I would love to have another Find store in the core... alas

 

[thommyjo]

The longer this site sits vacant, the more aggravated I get. Nothing like some s from Toronto evicting a number of small local businesses from their affordable retail spaces on Jasper Avenue, demolishing the buildings, then realizing the economics here don't print money like they do in Ontario, so they abandon it as a weed covered field for four consecutive years and counting.

Me, I would love to have another Find store in the core... alas

Yeah, this one especially sucks cause it was a good retail wall, not just empty dirt.

 

[David A]

The longer this site sits vacant, the more aggravated I get. Nothing like some s from Toronto evicting a number of small local businesses from their affordable retail spaces on Jasper Avenue, demolishing the buildings, then realizing the economics here don't print money like they do in Ontario, so they abandon it as a weed covered field for four consecutive years and counting.

Me, I would love to have another Find store in the core... alas

Exactly, this sort of destruction of an area is what happens when you have someone from far away with more money than brains come in half cocked, who then realizes they don't understand the market, of course after the existing buildings have been torn down. You can't just undo a demolition.

 

[IanO]

Any conclusions?

Unsure and have not heard anything more from them.

 

[Barnaby]

Should be taxed at the rate prior to demolition. This is what you get when the tax system incentivizes none-development.

 

[Canadian 001]

Sucks that they aren't selling it
Almost like Streamliner is gonna sit here and not sell for years then Propose a Mediocre 2 floor Commercial Building,

 

[Gus Haynes]

The longer this site sits vacant, the more aggravated I get. Nothing like some s from Toronto evicting a number of small local businesses from their affordable retail spaces on Jasper Avenue, demolishing the buildings, then realizing the economics here don't print money like they do in Ontario, so they abandon it as a weed covered field for four consecutive years and counting.

Me, I would love to have another Find store in the core... alas

This is exactly the reason why I voted for "I dislike this a lot" on this page's poll. I had a strong feeling we'd end up with a vacant lot for years rather than the good and useful retail that existed here before.

 

[Gronk!]

I suggest that Westrich purchase this lot for redevelopment as a high-rise mixed-use tower. Right, @IanO ?