Calgary's New Condo's & Pre Sales

[TurnedTheCorner]

Originally Posted by Bigtime

I would not pay that much for a condo in the suburbs, adjacent to the LRT line or not.

Yeah, it's tough to justify - man I love that area of the city though.

[JMN]

3 Eau Claire: http://www.3eauclaire.ca/

The building looks amazing. Tiny 2 bedroom though, only 641 sqft.

With world-class design by NORR Architects, 3 Eau Claire will be the tallest residence in the city reaching 48 storeys into the Calgary skyline. This remarkable building brings together three carefully designed mixed-use components. At street level 20,000 square feet of retail space is planned for a convenient grocery store, coffee shop and restaurant. Located on the second level will be a mixture of professional services firms. Floors three through 12 are designed for office use with a large floor plate of approximately 20,000 square feet. Up to 500 one, two, and three-bedroom finely appointed condominium residences will occupy the next 37 floors completing the two residential towers. Innovative architectural design will provide maximum light exposure for all suites.

[Bigtime]

I still think 3 Eau Claire is a real long shot to actually get built.

[Hack&Lube]

Originally Posted by TurnedTheCorner

I would love to get into the Groves of Varsity - awesome location, but priced way out of my range.

I know a bunch of people who just bought in the Groves...I tried to talk them out of it as it wasn't logical to me for that size & price range even though it was adjacent to LRT. It's a concrete and not wood construction though AFAIK so that bumps up the price.

[Hack&Lube]

Wow I didn't realize that 3 Eau Claire was connected to the +15. I'm imagining not having to even put on a jacket or walk on a single flake of snow in the winter...

[JMN]

Originally Posted by Bigtime

I still think 3 Eau Claire is a real long shot to actually get built.

I never heard of this condo before - what issues are they having? I'm assuming they don't have a start/finish date?

[Bigtime]

No issues, just that it is a very ambitious project that needs a lot things to align perfectly for it to actually go ahead.

This proposal first surfaced almost 3 years ago, went dark and is back again.

Just my opinion that it is a long shot to actually happen. Would be cool if it did though.

[mjt]

Hello All,
I just found this thread... I should have looked here 8 days ago!
I just bought a new unit being built so hopefully won't learn anything that will cause remorse... eek!... but, anyone have any comments about the Sonoma Townhome project in Sage Hill?
It's our first home purchase and we are very excited!
I posted in another thread about whether a Real Property Report was required and got some helpful answers. I wonder if I can convince Vertical Properties to provide one for me.

[mjt]

Does anyone know if it is mandatory to include heaters (electric?) in attached garages? Was just at the Prospect Rise project in Kincora and they said mentioned something like that.

[Winsor_Pilates]

Originally Posted by Bigtime

No issues, just that it is a very ambitious project that needs a lot things to align perfectly for it to actually go ahead.

This proposal first surfaced almost 3 years ago, went dark and is back again.

Just my opinion that it is a long shot to actually happen. Would be cool if it did though.

I have to agree. Especially with a developer based from Korea.
I've been part of some large Korean developments in The Vancouver area, and they had real financial troubles when it came to securing financing.
This group may do better but it adds some layers of difficulty.

[MrCallahan]

Wow, I haven't actually heard of the 3 Eau Claire building, but that looks gorgeous! I would love to see something like that come to fruition, I imagine the pricing would be on the higher end of the scale though.

[JMN]

Looks like Luna is having more issues:
http://www.cbc.ca/news/canada/calgar...ue-family.html

Was extremely close to purchasing a unit in Luna and but am glad that I didnt.

[Travis Munroe]

While it seems to be a very unfortunate incident, it seems like a bit of a freak accident that will end up being covered by insurance and affect a small percentage of owners.
Would the elevator have actually filled with water or would it have drained out? I know little to nothing about elevator loads but one has to think a elevator 75% full of water would exceed the weight limit and bring the possibility of it coming down?

As for 3 Eau Claire, already mentioned in this thread but I have also spoke with people saying there is no way it goes ahead as planned.

[Winsor_Pilates]

Originally Posted by JMN

Looks like Luna is having more issues:
http://www.cbc.ca/news/canada/calgar...ue-family.html

Was extremely close to purchasing a unit in Luna and but am glad that I didnt.

What are the other issues you've been hearing about?

I've had great experiences with Qualex Landmark buildings, both in Calgary and Vancouver. Surprised if Luna is having major issues.

[JMN]

Originally Posted by Winsor_Pilates

What are the other issues you've been hearing about?

I've had great experiences with Qualex Landmark buildings, both in Calgary and Vancouver. Surprised if Luna is having major issues.

I don't know specifically because I didnt care enough to ask but the couple people I know that live there dislike it. One of them just sold his unit.

To be fair, I've also heard great things about other Qualex condos and tons of people likely love it at Luna.

[Flaminghot]

What do you guys think of the 1912Cross Project?
http://www.###############.com/1912cross-calgary/

[Bigtime]

Originally Posted by Flaminghot

What do you guys think of the 1912Cross Project?
http://www.###############.com/1912cross-calgary/

I know that this was the former Riverside Quays development. The original developer built the first phase, and had started on the second before going bankrupt. This new development company has purchased the entire site and looks pretty keen to make it happen. They have tweaked the design and made it much more modern than the terribly executed faux-historicism of the first building.

What Inglewood really needs to go from good to great is a grocer, that is the only thing really lacking for this development. I would also make sure that they plan to have good sound proofing, as the landing/takeoff path for one of the airport's main runways is directly over top.

[KOgear]

Some pics of Mark on their webiste. Looks really nice, and the floor plans are alright. Pricing is alright too. The only thing is it's right by the CPR rail, not sure how noisy that will be.

http://qualex.ca/mark/residences/interiors/

On their mailing list and got this in the email regarding Mark on 10th:


Early Purchase Incentive: 3% off list price - valid only until January 31, 2013

One Bedrooms From: $199,800

Two Bedrooms From: $353,800

Estimated Construction Start: March 2013

Estimated Completion: Fall 2015

[Jing]

Originally Posted by Realtor 1

While it seems to be a very unfortunate incident, it seems like a bit of a freak accident that will end up being covered by insurance and affect a small percentage of owners.
Would the elevator have actually filled with water or would it have drained out? I know little to nothing about elevator loads but one has to think a elevator 75% full of water would exceed the weight limit and bring the possibility of it coming down?

As for 3 Eau Claire, already mentioned in this thread but I have also spoke with people saying there is no way it goes ahead as planned.

Would you be able to elaborate?

[Travis Munroe]

Originally Posted by Jing

Would you be able to elaborate?

I don't have everything right in front of me so dont quote any of this but it was related to concerns with the developer and the vision being way to out there.
If you want to know more, please pm me and I can give more specifics.