Claridge Loop [70 Gloucester St]| 83m | 27fl | U/C - Page 14

Jayday23 · #**261** Posted **Mar 8, 2018, 7:51 PM**

Spoke with some of the workers on site just now. Excavation will be done by mid-next week.

Ear5plitting · #**262** Posted **Mar 16, 2018, 3:26 PM**

Is it possible to get a copy of the development application files from anyone? Since this was approved a while back, they are no longer on the development search website.

Jayday23 · #**263** Posted **Mar 19, 2018, 6:59 PM**

Excavation is done. Some concrete work etc. is still being done with the foundation, however.

Jayday23 · #**264** Posted **Mar 19, 2018, 7:00 PM**

Quote:

Originally Posted by Ear5plitting

Is it possible to get a copy of the development application files from anyone? Since this was approved a while back, they are no longer on the development search website.

Can't find them anywhere. However, based on what we see on this page... it'll probably look alot like the other claridge apartments across the street.

Ear5plitting · #**265** Posted **Mar 20, 2018, 12:26 AM**

Thanks for looking

Jayday23 · #**266** Posted **Mar 28, 2018, 6:04 PM**

big concrete pour today... focusing primary on the western half of the Nepean Street entrance.

Marcus CLS · #**267** Posted **Apr 3, 2018, 7:46 PM**

Since the excavation has completed I am a bit stumped at what is going on now. 2 or 3 drilling rigs are working near the north wall. Seems to be lots of pallets with coiled hoses or pipes. Other active hoses leading to 3 large waste bins on the south wall.

I am guessing maybe the building will be heated using geothermal heat. Why else would they need to drill further beneath the bottom of the hole. Any thoughts?

Jayday23 · #**268** Posted **Apr 6, 2018, 2:11 PM**

Quote:

Originally Posted by Marcus CLS

Since the excavation has completed I am a bit stumped at what is going on now. 2 or 3 drilling rigs are working near the north wall. Seems to be lots of pallets with coiled hoses or pipes. Other active hoses leading to 3 large waste bins on the south wall.

I am guessing maybe the building will be heated using geothermal heat. Why else would they need to drill further beneath the bottom of the hole. Any thoughts?

It seems to me like they're doing some sort of abrasive blasting. I may be wrong though.

Here's a wiki link on the process: https://en.wikipedia.org/wiki/Abrasive_blasting

Is this what you saw?

Jayday23 · #**269** Posted **May 14, 2018, 6:54 PM**

This one seems to have grounded to a halt. Saw 1 site surveyor on site last week and that's been it since then.

Marcus CLS · #**270** Posted **May 18, 2018, 2:19 PM**

As of yesterday the Tower crane steel base is installed and the surrounding base footing is being built. Rebar and concrete forms so far.

Lloyd · #**271** Posted **Jun 26, 2018, 4:14 PM**

Some photos from the site today.

rakerman · #**272** Posted **Jul 24, 2018, 9:42 PM**

July 22, 2018

DSCF1206-1011206-20180722-XE2 - Version 2 by Richard Akerman, on Flickr

DSCF1214-1011214-20180722-XE2 - Version 2 by Richard Akerman, on Flickr

Y0urGardener · #**273** Posted **Sep 23, 2018, 10:53 AM**

the Federal government is contributing $70 million to the project at 70 Gloucester as part of its Rental Construction Financing initiative—part of the National Housing Strategy. Claridge will commit to building 200 units of purpose built rental at the site with rents below 30% of household income in the area.

https://markets.businessinsider.com/...awa-1027555863

https://ottawasun.com/news/local-new...f-84a6484fb096

acottawa · #**274** Posted **Sep 23, 2018, 12:17 PM**

So claridge was going to build the units anyway, they are going to charge the same rent as they would have anyway, and they get $70M in free cash for doing absolutely nothing.

Am I missing something here or is this a collasal waste of money?

waterloowarrior · #**275** Posted **Sep 23, 2018, 12:32 PM**

Quote:

Originally Posted by acottawa

So claridge was going to build the units anyway, they are going to charge the same rent as they would have anyway, and they get $70M in free cash for doing absolutely nothing.

Am I missing something here or is this a collasal waste of money?

It's a loan/financing program, they still have to pay it back
https://www.cmhc-schl.gc.ca/en/nhs/r...ing-initiative

CityTech · #**276** Posted **Sep 24, 2018, 6:32 PM**

Quote:

Originally Posted by acottawa

So claridge was going to build the units anyway, they are going to charge the same rent as they would have anyway, and they get $70M in free cash for doing absolutely nothing.

Am I missing something here or is this a collasal waste of money?

Sounds like Claridge is being obligated to offer rents for lower rates as part of this deal.

acottawa · #**277** Posted **Sep 24, 2018, 7:39 PM**

Quote:

Originally Posted by CityTech

Sounds like Claridge is being obligated to offer rents for lower rates as part of this deal.

30% of the median household income is $2100 a month. That is more than units rent for in the Tribecca across the street.

silvergate · #**278** Posted **Sep 24, 2018, 7:52 PM**

Quote:

Originally Posted by acottawa

30% of the median household income is $2100 a month. That is more than units rent for in the Tribecca across the street.

It says in the area. Probably lower than the city as a whole .

Jayday23 · #**279** Posted **Nov 22, 2018, 1:54 AM**

they've reached grade. Will see this thing rise up soon hopefully!

rakerman · #**280** Posted **Dec 4, 2018, 9:04 PM**

November 24, 2018

IMG_0917-1100917-20181124-G9X - Version 2 by Richard Akerman, on Flickr

IMG_0920-1100920-20181124-G9X - Version 2 by Richard Akerman, on Flickr