Maclab Garneau | Laurent | Eleanor | 98.14m | 30s | Maclab Development

[IanO]

They've got quite the focus on 41ave SW.

 

[bodsbods9090]

They've got quite the focus on 41ave SW.

That's my neck of the woods...what are they building there??

 

[IanO]

Landbanking a ton.

 

[Markyeg]

Anyone have any update on who the first to market burger joint will be?

 

[MacLac]

They've got quite the focus on 41ave SW.

Or to get Parks 2 and MTC going?

 

[archited]

Maclab has land-banked forever; nothing new there!

 

[IanO]

^sure, but this is seemingly on a different scale.

I don't see Parks 2 going for another year or 2 minimum given the pace of Parks 1 paired with concrete high-rise construction costs and overall risk given market fundamentals.

That said, I hope it does.

 

[archited]

Concrete prices in Edmonton have stabilized and are projected to come down in the near term (that said projections of any kind are still iffy)