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Riley's 108 Street Redevelopment | 20.2m | 6s | J+S Architect

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Good to see. 10 of these is still a win, even if not the high rises we would love to see. The more of these we get imo, the more possible it is to have 30+ story towers because downtown will be more vibrant, safe, and enjoyable.

Would love to see townhomes or units that open up to the street like CX has or so much of Vancouver’s yaletown. Those plus good trees/boulevards are game changers.

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^^those are urbanist wet dreams, but come with a 1.x price tag and simply not particularly viable for Edmonton at this time if for sale and a very limited rental market, but do hope that Edmonton sees more in certain areas.

MacLab's near the uni might work given wealthy foreign students and docs and a few on quieter streets may work for execs, but the reality is that these are going to be few and far between.
 
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No retail on capital Blvd? :(
How many units?
Capital Apartments tried to have a building full of street-level CRUs just a block and a half south of here, and other than a few intermittent pop-ups, didn't have any success in filling them with tenants. Now, they're in the middle of being converted into residential units. So, to echo many of the above posters, maybe we don't really need more CRUs here.
 
Capital Apartments tried to have a building full of street-level CRUs just a block and a half south of here, and other than a few intermittent pop-ups, didn't have any success in filling them with tenants. Now, they're in the middle of being converted into residential units. So, to echo many of the above posters, maybe we don't really need more CRUs here.

There is The Parlour and a Denny's just a couple of blocks north of this location.
 
very limited rental market,
Objectively not true.
The highest year-over-year increase in residential lease rates out of all major Canadian cities was Edmonton (27% in Feb-24 over Feb-23), and expected to increase even further by the peak of leasing late in the summer.
What we have is very limited quality rental stock, and a lot of people are not being able to rent properties because we have a lot of apartments that lack stuff most consider essential, like dishwashers, in suite laundry, etc, but they're trying to price gauge and drive it closer to newer builds.
 
^ thank god someone here has good eyes!
 
Objectively not true.
The highest year-over-year increase in residential lease rates out of all major Canadian cities was Edmonton (27% in Feb-24 over Feb-23), and expected to increase even further by the peak of leasing late in the summer.
What we have is very limited quality rental stock, and a lot of people are not being able to rent properties because we have a lot of apartments that lack stuff most consider essential, like dishwashers, in suite laundry, etc, but they're trying to price gauge and drive it closer to newer builds.

For urban townhouse type of units given their cost to buy or rent versus other options is what I was referring to.

But yes, the overall market is improving and supply dwindling.
 

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