Glenco
Senior Member
Good enough for Edmonton I guess.
Maclab Garneau | Laurent | Eleanor | 98.14m | 30s | Maclab Development
- Thread starter danimori
- Start date
Clearshades
Senior Member
The question is, do you want a nice tower along side barons of wasteland or some towers and some six stories at the same time? I'm. 54 and many of these empty lots remained as is since I was 18. That is 36 years ago, so, by that pace, it will take another 72 years to achieve density.
Clearshades
Senior Member
ChazYEG
Senior Member
It's not a matter of "good enough for Edmonton", but more a matter of what is possible in certain areas of Edmonton, and what some companies are capable and willing to build.
In an ideal world, we'd have every single.high-rise in the city in Oliver and Downtown, but it's not something that can be controlled
IanO
Superstar
Not everything needs to be concrete high-rise, even in more central areas, but it really comes down to where and what.
A six storey on the former BMO site, not reasonable or desirable (or rational given land economics), but the 108st site at 102ave as it transitions from 109st to say 105st is not the end of the world.
Edmonton needs density and those lots filled and so if those 6 storey are high quality and look the part, I am a bit less concerned.
The market fundamentals are extremely challenging for those doing concrete high-rise right now and so once again, expect more 6 storey.
A six storey on the former BMO site, not reasonable or desirable (or rational given land economics), but the 108st site at 102ave as it transitions from 109st to say 105st is not the end of the world.
Edmonton needs density and those lots filled and so if those 6 storey are high quality and look the part, I am a bit less concerned.
The market fundamentals are extremely challenging for those doing concrete high-rise right now and so once again, expect more 6 storey.
fromyeg
Active Member
JNO1
Active Member
A couple more of this beauty.
northlands
Senior Member
Gorgeous. Easily my favorite recently built tower here.
Wonder what Falcon would have looked like with similar balcony glazing.
Wonder what Falcon would have looked like with similar balcony glazing.
Munanyo
Active Member
I really, really wish we had a few more of these scattered around the city.
IanO
Superstar
I know of a site that's ripe for this type... Maclab (unless something has changed) owns the lot west of Omega and could acquire the ones north potentially. This would be perfect with a corner CRU and townhouses fronting 99ave and up 106.
IanO
Superstar
Little known fact: Circa 2007 I represented a well known local developer and contractor to put an offer on this site and were told it was 'not for sale'.
Munanyo
Active Member
I had no idea Maclab owned that lot. There's a strong argument to be made that after the Warehouse parks site (which of course, is finally seeing development) this area is the biggest eyesore in the core (yes there are other strong contenders) but I did hear through this site that the owners of the lots around here are incredibly stubborn and have been holding onto these lots for what seems like decades. I wonder if Maclab has quietly been trying purchase these lots and has a bigger vision for them.
Were you folks told the reason why it wasn't for sale at the time?
IanO
Superstar
Most of the lots around Omega are old money...
supaflyryguy
Active Member
If I had to venture a guess, those parking lots are all unlicensed, print free money, and are not taxed for shit. Why would they bother doing anything with them?
David A
Senior Member
I suppose if they were bought a long time ago, there may be little or no loan and interest to pay and the money from parking covers or mostly covers any costs.
So there is probably no hurry for the owners to develop and they will do when they feel it is right, although the rest of us would like to happen sooner rather than later.