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TEK Tower (30 Francis) | 45 fl | U/C - Printable Version +- Waterloo Region Connected (https://www.waterlooregionconnected.com) +-- Forum: Land Development and Real Estate (https://www.waterlooregionconnected.com/forumdisplay.php?fid=4) +--- Forum: Urban Areas (https://www.waterlooregionconnected.com/forumdisplay.php?fid=5) +--- Thread: TEK Tower (30 Francis) | 45 fl | U/C (/showthread.php?tid=1537) |
RE: TEK Tower (30 Francis) | 45 fl | U/C - Spokes - 01-24-2023 Should we place bets on when this pops above grade? RE: TEK Tower (30 Francis) | 45 fl | U/C - Rainrider22 - 01-24-2023 October... RE: TEK Tower (30 Francis) | 45 fl | U/C - Chris - 01-25-2023 They are going hammer and tongs on this thing. Cement pump truck onsite again today, crane is dropping more supplies. They might break ground late spring/early summer at this pace. RE: TEK Tower (30 Francis) | 45 fl | U/C - CuilTard - 01-25-2023 Agreed they are moving fast. They were pouring concrete on the same day as removing the last of that fill. Here they are tying rebar last Saturday. I don't know the normal timeline to break ground, but bet they'll beat it. ![]() RE: TEK Tower (30 Francis) | 45 fl | U/C - ac3r - 01-25-2023 Digging a hole is easy. The piles, concrete mat, anchors, walls and then the initial infrastructure (waterproofing, drainage, pipes & utility connections, wires and electrical junctions) and so on take a lot longer. It'll be a while until it goes above grade. They're closing off the street for 5 years which is roughly average for a 44 floor skyscraper. It won't mean it will all be closed off that entire time, but it'll still take a while for this thing. Charlie West started in early-mid 2018 and it only just finished up recently (including fully opening Gaukel Street). RE: TEK Tower (30 Francis) | 45 fl | U/C - Lebronj23 - 01-25-2023 The permit to build hasn’t been issued yet. Only the permit for the foundation and underslab work. Although it’s been pended for a long time now https://onlinepermits.kitchener.ca/portal/sfjsp RE: TEK Tower (30 Francis) | 45 fl | U/C - ac3r - 01-25-2023 You can consider this approved though haha. Like 900 King West which was excavated down to about 1 floor...then formally "approved" a few months later. I think Elevate Condos had the same course. The ball is usually rolling over Sisyphus before it gets rolled back up for formal approval. RE: TEK Tower (30 Francis) | 45 fl | U/C - Momo26 - 01-25-2023 Did they ask for any adjustment to add floors at any point yet? Seen 1 to 2 added in a couple projects lately. Why go 44 when you can go 50 :p RE: TEK Tower (30 Francis) | 45 fl | U/C - panamaniac - 01-25-2023 In the current market, I might have thought that a height reduction would be more likely. RE: TEK Tower (30 Francis) | 45 fl | U/C - Rainrider22 - 02-02-2023 Crane base is in, sorry night time pictures while out for a walk. RE: TEK Tower (30 Francis) | 45 fl | U/C - panamaniac - 02-02-2023 Any info on how sales are going? I struggle to understand how it can be a viable project. RE: TEK Tower (30 Francis) | 45 fl | U/C - Lebronj23 - 02-02-2023 I read a report in the council minutes somewhere last year that said it sold out and sold out FAST RE: TEK Tower (30 Francis) | 45 fl | U/C - taylortbb - 02-03-2023 (02-02-2023, 08:58 PM)panamaniac Wrote: Any info on how sales are going? I struggle to understand how it can be a viable project. Generally a building has to be at least 80-90% pre-sold to begin construction. I believe they got it sold before interest rates really started rising. I heard a number of purchasers were trying to back out, but legally they were committed (and assignment sale would be at a loss). RE: TEK Tower (30 Francis) | 45 fl | U/C - CuilTard - 02-03-2023 (02-02-2023, 08:26 PM)Rainrider22 Wrote: Here's one with a bit of daylight ![]() RE: TEK Tower (30 Francis) | 45 fl | U/C - Rainrider22 - 02-03-2023 Great shot, way better than mine. Thank you. I assume you live in the near by building. Perhaps you can be our official photographer on this build for status updates ? |