Calgary SSP Development Listing

[Bigtime]

Originally Posted by J pold

Interesting. Where are you getting these reports?

A forumer on SSP reported the condition of the site this morning:

"The 3EC lot has been converted back to a parking lot. The signs and a pay machine were up this morning but still some equipment on sight."

[nik-]

Originally Posted by Bigtime

It sounds like 3 Eau Claire (the funky two tower building connected up at the top) is dead in the water, reports this morning that the site has been turned back into a parking lot complete with pay machines.

Wasn't that going to be Shaw's new house? I went into their showroom and it was a whole lot of meh, but the prices were less than I expected.

[J pold]

Originally Posted by Bigtime

A forumer on SSP reported the condition of the site this morning:

"The 3EC lot has been converted back to a parking lot. The signs and a pay machine were up this morning but still some equipment on sight."

Thanks.

[J pold]

Originally Posted by nik-

Wasn't that going to be Shaw's new house? I went into their showroom and it was a whole lot of meh, but the prices were less than I expected.

Shaw is one of our clients and they have been insistent that this project will be going through from the beginning. This is pretty big news for us and need to find out what's going on right away.

Anymore information would be awesome. Thanks CP!

[Addick]

Originally Posted by lorenavedon

that would be a little too awesome for big bland Calgary. People would be scared of such an idea. They would look for any reason on why that would be impossible

The idea isn't brought to fruition by catering to the irrational detractors but rather beating them into submission. Alternatively, convincing the decisions makers and those that matter is a viable method.

Originally Posted by lorenavedon

I'd be fine if they allowed a strip of vendors with food carts, a patio set an allow them to sell beer. Very common scene around places like that in Europe. Makes for a nice evening out instead of being stuck indoors in some loud obnoxious bar or club.

The success of such spaces is dependent on much more than the addition of food carts, street performers, etc.. The quality of the urban design is what allows these features to flurish and the place to be successful.[/Jan Gehl]

[nik-]

Yeah, I agree with Table5, the river pathway does have a rather imposing wall effect in Eau Claire from the residences there.

[SebC]

Originally Posted by Bigtime

It sounds like 3 Eau Claire (the funky two tower building connected up at the top) is dead in the water, reports this morning that the site has been turned back into a parking lot complete with pay machines.

Boo... I liked that one.

[J pold]

Remington released some new renderings of Meredith Block today.

I have a dropbox with renderings and information: here

[Barnes]

Originally Posted by J pold

Shaw is one of our clients and they have been insistent that this project will be going through from the beginning. This is pretty big news for us and need to find out what's going on right away.

Anymore information would be awesome. Thanks CP!

Just like they were insistent about DLNA support on the Gateway, on screen caller ID, remote recording apps, cellular services....

Walked by on my way to Centenial Place and it has indeed turned into the worlds worst parking lot. $30 early bird special! There is one steam roller onsite but it's probably only still there because it got stuck in the mud.

[The Yen Man]

Originally Posted by J pold

Shaw is one of our clients and they have been insistent that this project will be going through from the beginning. This is pretty big news for us and need to find out what's going on right away.

Anymore information would be awesome. Thanks CP!

Whispers from a friend who's in the industry say Shaw pulled out of the agreement. I heard this about a week ago, so not surprised 3 Eau Claire may not go through. I always thought that project was too ambitious. Totally reminded me of Resiance and Midtown back in 2005, which I bought into back then and got burned for it.

[Barnes]

Forgot to mention that the presentation centre had a sign saying it was closed as of Feb 19th and call for an appointment.

[Harju]

Originally Posted by Barnes

Just like they were insistent about DLNA support on the Gateway, on screen caller ID, remote recording apps, cellular services....

Walked by on my way to Centenial Place and it has indeed turned into the worlds worst parking lot. $30 early bird special! There is one steam roller onsite but it's probably only still there because it got stuck in the mud.

I saw the steam roller in action and it appeared to be there to squeegee out the mud. I have a hard time believing that the office part of the tower is dead if Shaw had pre-leased.

I've been walking by there every day for the last three years and I thought the early bird rate before was $25-28/day. I choked a little bit when I saw the $30/day.

[Winsor_Pilates]

I'm pretty sure that site has been bought by a big developer here in BC. I won't say much as I don't want to spread rumours if it's not true, but I believe it is.

They likely would have bought the site and will re brand and/or re design from 3EC though; so maybe it's all back to square 1 for now until they come back to market at a later date.

[Table 5]

Originally Posted by J pold

Remington released some new renderings of Meredith Block today.

I hope the final rendering looks closer to the finished product than the ones with all that yellow stucco.

Do you you know of any specific tenants who will be into the retail bays?

[J pold]

Originally Posted by The Yen Man

Whispers from a friend who's in the industry say Shaw pulled out of the agreement. I heard this about a week ago, so not surprised 3 Eau Claire may not go through. I always thought that project was too ambitious. Totally reminded me of Resiance and Midtown back in 2005, which I bought into back then and got burned for it.

It turns out my senior partner who has a close relationship with Shaw knew about this a few weeks ago and has already had meetings with senior management about what alternatives they have now that 3 Eau Claire is dead. Shaw might just reconfigure their current premises with the renovations their doing to Shaw Court but I doubt they could reconfigure all 240,000SF into Shaw Court.

Right now they are in about 6 floors at Scotia Centre with that lease coming up in 2016. The original plan was to relocate that group to 3 Eau Claire but now things are up in the air. Harvest Operations just took 143,000SF in Scotia and got a screaming deal from Cominar REIT (The Landlord). Shaw may extend their lease or look at options closer to Shaw Court.

[J pold]

Originally Posted by Table 5

I hope the final rendering looks closer to the finished product than the ones with all that yellow stucco.

Do you you know of any specific tenants who will be into the retail bays?

I'm not super privy to retail leasing but in speaking with Remington yesterday they let us know they are in talks with a high-end grocery chain, a big 5 bank, and a "Mercato type" restaurant.

[Table 5]

Thanks. If there's one thing that Bridgeland could use, it's a grocery store. Doesn't need to be high-end though.

[Muta]

Originally Posted by J pold

It turns out my senior partner who has a close relationship with Shaw knew about this a few weeks ago and has already had meetings with senior management about what alternatives they have now that 3 Eau Claire is dead. Shaw might just reconfigure their current premises with the renovations their doing to Shaw Court but I doubt they could reconfigure all 240,000SF into Shaw Court.

Shaw Court should be torn down. That architectural tumour is single-handedly bringing the morale of the country down every single day it exists.

[Table 5]

They should just build a second version of the Shaw tower they have in Vancouver. That thing is much nicer than Shaw Court or 3 Eau Claire.

[mykalberta]

Originally Posted by J pold

I'm not super privy to retail leasing but in speaking with Remington yesterday they let us know they are in talks with a high-end grocery chain, a big 5 bank, and a "Mercato type" restaurant.

I could see Save-On foods trying to get in there. Not sure if you would call them high-end but if you dont use their savings card then their prices are high end