Winnipeg | True North Square | 86.9M | 77.8M | 25F | 17F | 22F | 17F | 19F | U/C - Page 254

Wpg_Guy · #**5061** Posted **Aug 1, 2018, 11:34 AM**

Quote:

Originally Posted by OverUnder

Are Glasshouse units still for sale? What impact will the second residential building and Sutton development have on those units (assuming it’s not sold out?)

There will be zero impact from Sutton, The “residence” or La Grande Résidence at Sutton are fully furnished luxury extended stay hotel suites no rentals or condos. Tower two is a rental apartment building glass house is condo although there are some suites available for rent.

OverUnder · #**5062** Posted **Aug 1, 2018, 12:25 PM**

Just thought that anyone looking for a $200k+ condo might instead be interested in a fully furnished luxury apartment with no risk at probably similar prize range to a mortgage + condo fees.

Wpg_Guy · #**5063** Posted **Aug 1, 2018, 12:31 PM**

Quote:

Originally Posted by OverUnder

Just thought that anyone looking for a $200k+ condo might instead be interested in a fully furnished luxury apartment with no risk at probably similar prize range to a mortgage + condo fees.

225 Carlton is a luxury apartment but they are not fully furnished. The residence at Sutton are fully furnished because they are essential hotel suites. Personally I’d rather own the asset then throw money away on rent.

BigG · #**5064** Posted **Aug 1, 2018, 1:00 PM**

Biff · #**5065** Posted **Aug 1, 2018, 2:27 PM**

Quote:

Originally Posted by esquire

^ FWIW I think there will eventually be a new parkade around there. When you have the city's largest office tower and another major 4-tower complex going up with minimal indoor parking attached to it, eventually things will reach a breaking point. Although that said, I don't know where you would put a parkade big enough to serve those buildings... the RWB/Hull's site probably isn't big enough for anything substantial. It would have to be a block or two away, like on the big surface lot south of Cityplace on Donald, or on the big surface lot east of the Winnipeg Clinic on Kennedy.

There will also be a 4 level parkade associated with the 185 Smith building redevelopment. This will likely be only for the residents of that building but it is a new parkade nonetheless.

Wolf13 · #**5066** Posted **Aug 1, 2018, 5:22 PM**

Quote:

Originally Posted by esquire

^ FWIW I think there will eventually be a new parkade around there. When you have the city's largest office tower and another major 4-tower complex going up with minimal indoor parking attached to it, eventually things will reach a breaking point. Although that said, I don't know where you would put a parkade big enough to serve those buildings... the RWB/Hull's site probably isn't big enough for anything substantial. It would have to be a block or two away, like on the big surface lot south of Cityplace on Donald, or on the big surface lot east of the Winnipeg Clinic on Kennedy.

I hope not, and I'm not sure I see it... the only way they'd plan a parkade is if too many prospective tenants are demanding it, in which case we'd all know about it by now for years. If they suddenly had to sink 20M into a parkade to "save" this later on, they'd be doomed.

Quote:

Originally Posted by bomberjet

More parkades? There's one at Millenium Library, City Place proper, City Place on Hargrave, TNS, Delta, Convention Centre has 2, Hydro and their small parkade. Sutton Place will have a parkade. The whole of downtown is covered in parking. Never mind the surface lots.

True, the difference being that they're charging by far the highest rents in the city to bankers and lawyers. They'd want attached luxury parking lol.

bomberjet · #**5067** Posted **Aug 1, 2018, 7:49 PM**

Quote:

Originally Posted by Wolf13

I hope not, and I'm not sure I see it... the only way they'd plan a parkade is if too many prospective tenants are demanding it, in which case we'd all know about it by now for years. If they suddenly had to sink 20M into a parkade to "save" this later on, they'd be doomed.

True, the difference being that they're charging by far the highest rents in the city to bankers and lawyers. They'd want attached luxury parking lol.

Who would want this? The imaginary tenants of an RWB re-development?

Wpg_Guy · #**5068** Posted **Aug 3, 2018, 1:22 AM**

Danial Kolba (@dankobra) on Instagram

GrammarSlammerBammer · #**5069** Posted **Aug 3, 2018, 5:42 PM**

Quote:

Originally Posted by Wpg_Guy

Danial Kolba (@dankobra) on Instagram

Are those hundreds of light fixtures on the sides of the building?

dmacc · #**5070** Posted **Aug 3, 2018, 6:27 PM**

Quote:

Originally Posted by GrammarSlammerBammer

Are those hundreds of light fixtures on the sides of the building?

They're to fix the siding to the building.

Wpg_Guy · #**5071** Posted **Aug 3, 2018, 6:27 PM**

Quote:

Originally Posted by GrammarSlammerBammer

Are those hundreds of light fixtures on the sides of the building?

No they are decorative fins to break up the plain glass curtain wall.

GrammarSlammerBammer · #**5072** Posted **Aug 3, 2018, 7:10 PM**

Quote:

Originally Posted by dmacc

They're to fix the siding to the building.

You are correct - I walked by the other side of the building just now and that is exactly what they are.

Wolf13 · #**5073** Posted **Aug 3, 2018, 7:34 PM**

Quote:

Originally Posted by bomberjet

Who would want this? The imaginary tenants of an RWB re-development?

All I'm saying is that if TNS is chasing tenants, and if, as assumed above, the future for Hull's site is a potential parkade (which I doubt), the surrounding parking might not be convincing enough because TNS is courting potential tenants that pay big bucks (RWB alone would not fill any prospective redevelopment sufficiently). They'd say "I'll just go to 360 Main, which is essentially brand new with tons of parking and cheaper".

If I were to check in at the Fairmont Royal York in downtown Toronto at 10 pm, and am both hungry and tired, I'd call room service. They wouldn't dare say "there's a fantastic restaurant across the street".

Regardless, I think this parkade is a phantom scenario.

buzzg · #**5074** Posted **Aug 3, 2018, 9:19 PM**

If a parkade is needed down the road, there are many lots south of TNS. No way it happens on Graham. City would never allow it.

Wpg_Guy · #**5075** Posted **Aug 9, 2018, 2:52 AM**

True North Square (@truenorthsquare) on Instagram

trebor204 · #**5076** Posted **Aug 9, 2018, 4:14 AM**

There is a story about True North Square in the latest issue of Award Magazine.

http://digital.canadawide.com/i/1010...st-2018/57?m4=

1ajs · #**5077** Posted **Aug 10, 2018, 2:00 AM**

pcl owns the hull building

Biff · #**5078** Posted **Aug 10, 2018, 3:08 AM**

Actually True North owns the Hull Building. I spoke to the high ups there and they are evaluating what type of project might occur there......after TNS is completed.

Wpg_Guy · #**5079** Posted **Aug 10, 2018, 3:50 AM**

Quote:

Originally Posted by Biff

Actually True North owns the Hull Building. I spoke to the high ups there and they are evaluating what type of project might occur there......after TNS is completed.

A glasshouse type development would fit nicely on that lot.

buzzg · #**5080** Posted **Aug 10, 2018, 4:16 AM**

Quote:

Originally Posted by Wpg_Guy

A glasshouse type development would fit nicely on that lot.

Someone mentioned here a while ago they may be thinking about a pub.