Calgary SSP Development Listing

[SebC]

Originally Posted by hockey.modern

I think I've seen some renderings in the past of what they wanted to do for the Olympic Oval part. Nothing for the building yet though. Will check on it when I am home.

http://bingthomarchitects.com/projec...rforming-arts/? Or something more recent?

[hockey.modern]

Originally Posted by SebC

http://bingthomarchitects.com/projec...rforming-arts/? Or something more recent?

Yeah, that's it. Sounds like renovating the Arts Commons and Olympic Plaza isn't the only thing on the agenda.

@DruhFarrell:
Dear Skyscrapers... it gets better. That is all.

[polak]

Originally Posted by SebC

http://bingthomarchitects.com/projec...rforming-arts/? Or something more recent?

Whaaaaaat. Thats dope.

[Bigtime]

It is dope, IF they can afford it.

[Bigtime]

Originally Posted by Bill Bumface

So, remember when the skyline looked like this for 10 straight years? It's happening again

I do, however this time around once the current under construction office towers are done (Brookfield Place, City Centre, 707-5th, Eau Claire Tower, Telus Sky office) there still appears to be a lot of residential/mixed use in the pipeline for the core, Beltline, East Village, and Eau Claire areas.

And of course a lot of buildings going up in those areas will be very noticeable versus what was there before (not a lot in some cases).

[Muta]

Bing Thom's concept came in massively, massively over budget. That's remain a fun idea, and nothing more.

[Muta]

"Calgary mulls downtown Green Line LRT route options"

http://www.cbc.ca/news/canada/calgar...town-1.3362093

I personally think this should be done properly. Spend the money, put it underground (as much as possible) like most modern cities do. Leaves the Centre Street bridge open to vehicles, bikes and current traffic. I feel any other option will simply slow any type of existing commute without massively altering the Centre Street landscape.

Vancouver's train line goes underground, and it works EXTREMELY well through the neighbourhoods.

[Bunk]

Originally Posted by Muta

Bing Thom's concept came in massively, massively over budget. That's remain a fun idea, and nothing more.

It was the original concept that massively expensive. This latest iteration is more in line.

[Muta]

Originally Posted by Bunk

It was the original concept that massively expensive. This latest iteration is more in line.

Was this the latest one? Sorry, thought they did one concept. My bad!

[SebC]

Originally Posted by Muta

Was this the latest one? Sorry, thought they did one concept. My bad!

First six renders ("trees") are the revision, the ones below that ("waves") are the first published iteration.

[octothorp]

I love the 'trees' concept, because it's like an expanded version of the much more understated trees in the +15 between city hall and the CPO. I enjoy that +15 every time I have reason to go through there.

[Madman]

Originally Posted by Muta

Was this the latest one? Sorry, thought they did one concept. My bad!

5 options they are looking at:

http://www.calgary.ca/_layouts/cocis...edirect=1&sf=1

[Bigtime]

Originally Posted by Madman

5 options they are looking at:

http://www.calgary.ca/_layouts/cocis...edirect=1&sf=1

Bunk and Muta were talking about the Arts Commons renovation/expansion proposal, not the Green Line route options.

[Frequitude]

Who's more boned on their recent commercial real estate decisions, Cenovus or Manulife???

[Bigtime]

My gut reaction is Cenovus.

[J pold]

Originally Posted by Frequitude

Who's more boned on their recent commercial real estate decisions, Cenovus or Manulife???

Cenovus. Clearly they aren't getting good advice from their current broker

When you say Manulife do you mean for developing 707 5th (http://www.707fifth.com/_/_downloads...h13-2015.pdf)?

Half of that building is leased to Brion Energy so Manulife hit the pre-lease threshold to make development economical. They are going to have a big problem with the other 260,000 SF but they are so big and so well capitalized that they can wait for the market to turn around.

[Bigtime]

707-5th is a really neat looking building, too bad it didn't go ahead a few years ago and get some real serious height on it. It will be almost lost in the core from most views.

[HotHotHeat]

Great dialogue coming out of the city's refurbishment project for Montgomery/16 ave. NW

http://www.calgary.ca/PDA/pd/Pages/M...ontgomery.aspx

[I-Hate-Hulse]

Originally Posted by J pold

Half of that building is leased to Brion Energy so Manulife hit the pre-lease threshold to make development economical. They are going to have a big problem with the other 260,000 SF but they are so big and so well capitalized that they can wait for the market to turn around.

So if Brion's moving out does that make the old Encana/PanCanadian Place empty? Aspen has to be losing their shirt on that place. Crappy space, weird lobby level, limited underground parking (parking in Palliser stinks), limited +15 access, substantial renos needed... what's not to like?

[ranchlandsselling]

Originally Posted by I-Hate-Hulse

So if Brion's moving out does that make the old Encana/PanCanadian Place empty? Aspen has to be losing their shirt on that place. Crappy space, weird lobby level, limited underground parking (parking in Palliser stinks), limited +15 access, substantial renos needed... what's not to like?

They bought it knowing all of that. That said, they probably didn't anticipate the market getting as bad as it is, so.... They could have gotten what looked like a fair price on it given all the bad stuff, but it could still end up being much worse.

Aspen didn't buy all of it though, there was also a "private investor"... I'm not sure who it was but have a guess as to who it would be and maybe you'll wonder even more about "what's not to like" if accurate.