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93 Norman | 34m | 9s | Taggart | RLA
- Thread starter hoggytime
- Start date
urbottawa
Active Member
Turning out much nicer than the rendering so far
pgagnon
Active Member
Nice quality build. Could use a dozen of these around town.
Ottawacurious
New Member
Is this moving really slowly? Photos from this evening. Looks similar to the Feb photos above....on 2nd thought, there is movement. Balconies and etc.
pgagnon
Active Member
Looks pretty much done. Funny how we've seen so much activity around Little Italy in the past like 10 years. But now with this, Soho Italia, Soho Champagne II coming to and end, do we have any other projects ready to hit the ground soon in this area?
I've been thinking the same. We have the new Civic, but no new residential projects. Kind of the end of an era.
We've heard nothing about the new Preston Square tower in years, the Arnon project on the Beech Street parking is undergoing a re-think, Richcraft likely won't touch Skye for decades and Claridge seems to have slowed down, with most of their projects topped out or near complete, other than Claridge Hintonburgh.
It's time for the Western River Skyline and Centretown to shine, Little Italy is taking a break.
lakeofthewood
New Member
What's the latest with the Booth Street Complex? Feel like we haven't seen movement on that in a while either
Dzingle Bells
Active Member
The federal government talks an awful lot about the housing crisis and getting homes built but then continues to sit on huge parcels of land that have plans approved (Booth St, Tunneys, etc.)
I know there is lots to deal with behind the scenes but it's frustrating.
btap
Active Member
The Bank of Canada cut the interest rate today, with more cuts almost certain to come this year. That could be the single biggest factor in getting projects going again.
Agreed. It's been a good 15 years that we've been walking about redeveloping Tunney's. I wonder if the false starts at LeBreton is part of it; they don't wan to compete with what's supposed to be the "crown jewel". At this point though, considering the massive under supply and high rents/purchase prices, it's no longer a competition.
Not sure if 0.25% will make much of a difference.
btap
Active Member
It's the start of a rate-cutting cycle, and will definitely have an effect on bond markets and development/construction companies being willing to take on debt. I recall an interview earlier this year with Colonnade BridgePort CEO saying he was waiting to see movement on interest rates before moving forward on some of their big projects.
New intern at RLA who isn't colourblind and doesn't have a passion for Tetris?
pgagnon
Active Member
Beautiful!