Edmonton Real Estate Market

[Edmcowboy11]

Well its nice to hear that the building is doing well. Hope to see the developer start looking at a new project in the area.

 

[cmd uw]

Well its nice to hear that the building is doing well. Hope to see the developer start looking at a new project in the area.

They are in the midst of rezoning the When Pigs Fly site across the street from this building.

 

[Daveography]

They are in the midst of rezoning the When Pigs Fly site across the street from this building.

Yup, this project:

The Baron | 33m | 9s | Wexford Developments

The "When Pigs Fly" building on Whyte is apparently up for rezoning, but no details appear to be available yet: A rezoning informal at EDC is tentatively scheduled for April 21: E. UPCOMING APPLICATIONS, CONFLICTS AND REGRETS (April 21, 2020) 8207 105 Street Informal / RZ Sylvia Summers /...

edmonton.skyrisecities.com

 

[archited]

Help them oh great poobah to see the architectural/historical light that is dimming.

 

[Daveography]

Edmonton apparently ranks pretty highly on municipal benchmarking for affordable building, out of 23 participating municipalities:

Municipal Benchmarking - 1. Planning Process - 2. Approvals - 3. Government Charges

www.chba.ca

We're also looking at an oversupply of single-family housing:

‘Dangerous’ oversupply of new, single-family homes in Calgary and Edmonton: Moody’s forecast | Globalnews.ca

Home prices across Canada could tumble about seven per cent in 2021, as unemployment dampens the hot real estate market, according to a forecast by Moody's Analytics Inc.

globalnews.ca

 

[Romanov]

https://www.google.com/amp/s/globalnews.ca/news/7353145/take-5-edmonton-for-sale/amp/

Who doesnt love donuts

 

[archited]

 

[Daveography]

Multi-family homes market adjusting to new reality in Edmonton

Edmonton’s townhome segment is powering the new multi-family market as the city’s real estate market struggles through the one-two-punch of the pandemic and the lon…

edmontonjournal.com

 

[bodsbods9090]

FYI, that area on Gateway that's been up for sale now has a sold sign on it

This is around 34 Ave

 

[Daveography]

@bodsbods9090 Apparently it's just going to be a CWB branch...

https://edmonton.skyrisecities.com/forum/threads/edmonton-miscellaneous-projects.25190/post-1588984

 

[bodsbods9090]

@bodsbods9090 Apparently it's just going to be a CWB branch...

https://edmonton.skyrisecities.com/forum/threads/edmonton-miscellaneous-projects.25190/post-1588984

All that space for a bank hey? Interesting...

 

[Edmcowboy11]

Just a bank? Thats a pretty long space.

 

[Daveography]

@Edmcowboy11 There might be more to it, but given the location and, well, our collective mindset, I imagine the rest will be all parking.

 

[Daveography]

Edmonton office space vacancy remains flat but healthy, says CBRE report

Edmonton’s available office space remains flat at nearly 20 per cent in the downtown and suburban areas, according to the latest CBRE Group report.

edmontonjournal.com

 

[Kaizen]

Edmonton's record high investment in rental market turns 180 degrees

Investment in Edmonton’s rental market went from red hot to ice cold in the first six months of 2020, a new report shows.

edmontonjournal.com