The Jameson | 53.95m | 17s | Open Sky | Acton Ostry

[Gronk!]

If this gets going and concrete is above grade I will buy those who like this post a beer (or whatever beverage) one day to celebrate. Not joking.

If the number of post likes are any indication, your wallet will be aching!

 

[northlands]

at what point is this the new BMO site?

Paul Kane park, Oliver Exchange 1&2, bike lane, busy 121st. Huge/exposed hole. Build or sell please.

It already is

Been 25 consecutive months since any work has been done on this hole.

 

[bodsbods9090]

If this gets going and concrete is above grade I will buy those who like this post a beer (or whatever beverage) one day to celebrate. Not joking.

Save up!

 

[Vacs]

I don't see this getting built unless they bring in investors or sell it.

Their budget is still pre-covid and doesn't take into account the extra floors they added from the start

 

[soupcrate]

Is there an update on this information? Just wondering if you knew of someone on the inside who has an update.

(Genuinely asking)

Thanks

No updates, that's just what I heard on the Oliverbahn walking tour.

 

[Platinum107]

Would the big hole in the ground that's already been dug be a potential barrier for a new developer and proposal? I would say a nice 5 to 6 storey mixed-use building going here would be cool too, but it'd have like 6 levels of parking!

 

[IanO]

It would be either overkill or the best parking ratio and marketing opportunity for a smaller scale project.

 

[SMayo]

I’m also curious how long the pit can sit there before it becomes unsafe, the board in the retaining structure are starting to look rough and there are a few that are completely broken. Maybe that’s not an issue, I know nothing about it, but it seems like they only have so long before that hole threatens surrounding property.

 

[Vacs]

I’m also curious how long the pit can sit there before it becomes unsafe, the board in the retaining structure are starting to look rough and there are a few that are completely broken. Maybe that’s not an issue, I know nothing about it, but it seems like they only have so long before that hole threatens surrounding property.

As for the parkade. Unless someone gets really creative, it would be hard to recoup cost for a 5 or 6 story building. Underground Casino maybe?

As for the shoring, lots of variables. Has it been monitored for movement? is the engineer on record even still around? typically shoring has about a 1 year life span before modifications and repairs need to be made. The freeze thaw cycle can cause havoc.

 

[SarcasticMarmot]

I’m also curious how long the pit can sit there before it becomes unsafe, the board in the retaining structure are starting to look rough and there are a few that are completely broken. Maybe that’s not an issue, I know nothing about it, but it seems like they only have so long before that hole threatens surrounding property.

The pit that eventually became The Hat at 5 Corners was there for several years. No idea how long they last but there definitely is precedent.

 

[Avenuer]

The pit that eventually became The Hat at 5 Corners was there for several years. No idea how long they last but there definitely is precedent.

This is starting to sound like a Parks & Recreation episode with all of this pit talk!

 

[archited]

I have faith that Open Sky will pull this rabbit out of the hat (deep as that hat may be).

 

[SMayo]

There are workers on site, they seem to just be pumping out the lake that's formed at the bottom of the pit. Probably nothing but could possibly be a good sign?

 

[IanO]

Could just be doing maintenance to ensure the integrity of the pit.

 

[TAS]

There are workers on site, they seem to just be pumping out the lake that's formed at the bottom of the pit. Probably nothing but could possibly be a good sign?

They did that last year, too, pumping out water and then were gone.