Ontario Table and Chair, 19 fl, Proposed - Page 5

BusyBerliner · #81 Posted: **Sep 18, 2008, 4:59 PM**

Quote:

Originally Posted by onishenko

So who is the developer here? Randy Kinat? Or is he partnered with someone?

Mady is the developer (http://www.madycorp.com/index1.html). They're based out of Windsor and Toronto. I think this might be their first project in this region. Most of the projects on their website are a bit dull, but there is a nice condo building in Markam.

I believe Randy Kinat is the owner of Ontario Table and Chair.

WatGuy · #82 Posted: **Sep 19, 2008, 1:45 AM**

No stucco tower! What a relief.

I live in this area and traffic is not that bad at all. Turning left onto William from Park can be a nightmare at certain times...but nothing a roundabout couldn't fix.

Very excited about this development...not a huge fan of above ground parking but they've done a great job of hiding it.

notmyfriends · #83 Posted: **Sep 24, 2008, 5:43 AM**

WaterlooInvestor · #84 Posted: **Sep 24, 2008, 6:05 AM**

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jcollins · #85 Posted: **Sep 24, 2008, 11:29 AM**

I love it too! Even more now with the bigger rendering, looks great!
Thanks for posting!

WatDot · #86 Posted: **Sep 24, 2008, 12:50 PM**

Quote:

Originally Posted by WaterlooInvestor

I definitely would like to speak in front of Waterloo City Council in support of this development. It would be great if we could get a group together and create a presentation on what it means to be a city (in other words to show why Waterloo should be encouraging development like this).

Also please note (to all) the Waterloo's Mayor is happily receiving emails of support for this project and has already asked to share mine with Council.

BusyBerliner · #87 Posted: **Sep 24, 2008, 1:15 PM**

Quote:

Originally Posted by WatDot

Also please note (to all) the Waterloo's Mayor is happily receiving emails of support for this project and has already asked to share mine with Council.

Bravo! keep it up

The more support council and staff hear, the better.

Flipper-Loo · #88 Posted: **Sep 24, 2008, 1:53 PM**

That's a awesome news. people who are care and concern about the development of the Waterloo downtown can actually make a different.

It is a very good location bauer loft and the proposed Table & Chair condo project and the south end of the uptown area and barrel Project at the north end of the uptown and THE42 loft at the east end. We can expect good things will happen.

Wayne

notmyfriends · #89 Posted: **Sep 24, 2008, 3:09 PM**

I'm in favour of supporting anything that helps get this project done, since if it does I'll be there on the first day looking to buy. I just hope the interior lives up to the promise of the exterior and location.

jcollins · #90 Posted: **Sep 24, 2008, 4:34 PM**

When does this go before council?

jcollins · #91 Posted: **Sep 24, 2008, 4:44 PM**

So council would have to rezone to allow 25 stories? or to increase the allowable density? Or both?

If thats going to be a roadblock, do you think they would lower it down to maybe 18 stories or maybe match Bauer's 14?

WatDot · #92 Posted: **Sep 24, 2008, 5:35 PM**

I believe the proposed 19 storey height is fine. It's the density and the rezoning of the land that Council needs to approve.

myfaceisonfire · #93 Posted: **Sep 24, 2008, 7:40 PM**

I e-mail my councilor Ian McLean and the mayor voicing my support for this project. Let's keep them flowing

jcollins · #94 Posted: **Sep 24, 2008, 7:55 PM**

Quote:

Originally Posted by WatDot

I believe the proposed 19 storey height is fine. It's the density and the rezoning of the land that Council needs to approve.

Is that typically a hard hurdle to overcome?

jcollins · #95 Posted: **Sep 24, 2008, 7:56 PM**

Quote:

Originally Posted by jcollins

So council would have to rezone to allow 25 stories? or to increase the allowable density? Or both?

If thats going to be a roadblock, do you think they would lower it down to maybe 18 stories or maybe match Bauer's 14?

Ignore the 25 that I posted above....it should be 19, which this development is. I must have been thinking the 25 floor building at university and king. My bad.

WatGuy · #96 Posted: **Sep 25, 2008, 1:22 AM**

Any speculation (or knowledge) of what is the white exterior material? With the price range I know it isn't stucco.

By the way...there will be a group of us getting together with a Chronicle reporter for a roundtable about the Barrel Yards next Wed (Oct 1) at 8:00PM at Whole Lotta Gelata. I'm sure we could also discuss our support of this project and plan a visit to Council. The more the merrier (i.e., more effective).

rapid_business · #97 Posted: **Sep 25, 2008, 1:41 AM**

/\ Could be some form of EIFS, but I'm skeptical.

Cambridgite · #98 Posted: **Sep 25, 2008, 3:42 AM**

Quote:

Originally Posted by WaterlooInvestor

Only time will tell, but I personally feel there will be a market for a few million dollar condos. Remember Bauer was able to sell a $700K condo, and that was a few years ago now. 1) condo prices in general have jumped, but also 2) KW has been booming. Uptown has improved, the universities (which have the potential to employ wealthy professors) have expanded, and RIM has hired thousands of more employees.

The comparison to Toronto (and I saw in the Canadian section to New York City) isn't valid in my opinion, because in both of those cities there are much higher condo prices (ie. some can go for tens of millions). If we had a condo priced higher than the $30-million penthouse at the Four Seasons, then I'd say things are pretty crazy here ... however $1-million for what will be our top condo surely isn't out of line. Remember, we do have employment/money here too.

A couple in their 50's where one is a senior executive at SunLife Canada, and the other is a UW professor (let's say a combined family income of $300K) will be able to afford a million dollar place if they've managed their finances properly. Yes, they could buy a condo in Toronto, but their jobs are in KW, so it would make sense for them to buy a condo here instead.

Well, I don't know if the penthouses *wont* sell, but it will undoubtedly be tougher to sell them than the ones on the lower end of the market. I could only imagine the marketplace for $1 million+ condos in Waterloo is relatively small. However, I'm sure the ones in the $300-500k range won't have many problems at all.

koops65 · #99 Posted: **Sep 28, 2008, 6:09 AM**

Waterloo Diagram has now been updated to include 144 Park.

http://skyscraperpage.com/diagrams/?searchID=39672961

I think the Title of this thread should also be updated.

WatDot · #**100** Posted: **Sep 29, 2008, 2:19 PM**

Quote:

Originally Posted by jcollins

Is that typically a hard hurdle to overcome?

Not entirely sure to be honest. It is a potential road block though.
"Busy Berliner" perhaps may have some input on this. Height of 25 storeys max for major nodes was approved by Council sometime ago (as a general policy) but BB informs me that the density wasn't.

My feeling from news articles, quotes and emails is that the mayor, a number of councilors and city staff planners are enthusiastic about this project, along with several other proposed "highrise" developments. The developments are all falling within their major node planning and support Council/Regional initiatives such as Rapid Transit (LRT/BRT), brownfield redevelopment, etc.