Wonderful Waterloo Archive

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Proposed 31 Alexandra Avenue | 36 m | 12 fl

Post #2189
Unknown date
Unknown Author

31 Alexandra Avenue
City of Waterloo
Developer:
Auburn Developments


Post #2190
02-21-2010 01:03 PM
Unknown Author

City Member
Joined Dec 2009
681 posts
What is happening with this?
Post #2191
02-21-2010 01:14 PM
Unknown Author

Town Member
Waterloo
Joined Feb 2010
430 posts
Quote Originally Posted by Bauer123
What is happening with this?
Well considering "Auburn" is to be developing the Canbar lands and a shovel is yet to go in there it will probably be another 10 years before this gets started, even if they get approval tomorrow.
Post #2194
02-21-2010 01:59 PM
Unknown Author

City Member
Joined Dec 2009
681 posts
Your probably right . I went to their website and there is no mention of the project. But on the other hand it looks like it hasn't been updated in awhile.

If this does happen they should buy that Art store house and demo it, so they have more land to work with and a corner presence. Distinctly Tea has already moved out and I'm sure the other stores could relocate.
Post #2195
02-21-2010 03:01 PM
Unknown Author

City Member
Joined Jan 2010
744 posts
The Catalina townhouses across the street will be a major obstacle to this development and scream NIMBY to the city.
Post #2201
02-21-2010 09:31 PM
Unknown Author

Metropolis Member
Kitchener
Joined Dec 2009
4277 posts
This one should get going any time now. Once Arrow is completed, and Barrel Yards hah.
Post #2301
02-25-2010 11:01 PM
Unknown Author

Sports & Recreation Moderator
Kitchener
Joined Jan 2010
1387 posts
I am amazed at the lack of detail on Auburn's website regarding updated information on this project, the BarrelYards and the Arrow Lofts.
Post #2310
02-26-2010 09:26 AM
Unknown Author

City Member
Joined Dec 2009
681 posts
Ya I know... I check that site every now and then; it's frustrating..

I hope this gets built but I am doubtful with the BS of all the other projects.
Post #2320
02-26-2010 01:17 PM
Unknown Author

Moderator
Kitchener-Waterloo
Joined Dec 2009
5693 posts
I'm amazed the city even works with Auburn on 'new' projects like this when it's quite clear they already have too much on their plate.
Post #2323
02-26-2010 03:16 PM
Unknown Author

Metropolis Member
Kitchener
Joined Dec 2009
4277 posts
Well lets hope they don't approve this until they show they're serious about completing their other two projects in a timely manor.
Post #2324
02-26-2010 03:22 PM
Unknown Author

City Member
Joined Dec 2009
681 posts
Well they own the land so if they don't approve it, it will just stay empty. But I guess if it's approved it will stay empty also .

We could hope they sell it to another developer who builds on the site. But I can't see that happening.
Post #2326
02-26-2010 03:52 PM
Unknown Author

Metropolis Member
Kitchener
Joined Dec 2009
4277 posts
Quote Originally Posted by Bauer123
Well they own the land so if they don't approve it, it will just stay empty. But I guess if it's approved it will stay empty also .

We could hope they sell it to another developer who builds on the site. But I can't see that happening.
Ya that's a good point. Maybe they get their act together once one project is done and they have some money flow.

And you're right though, they won't sell it. It's a fairly prime piece of land.
Post #2393
03-02-2010 05:34 AM
Unknown Author

Town Member
Joined Mar 2010
216 posts
I hope the developer has to pass a design review panel before proceeding with such an ugly design. But being a London-based developer, they're probably too cheap to hire a quality architect. It would be nice to see more work in the style done by Joseph Bogdan Associates for the Uptown Square strip...aka, something from this century, not something that belongs in c.1990 905/519 land.
Post #2400
03-02-2010 09:30 AM
Unknown Author

City Member
Joined Dec 2009
681 posts
I agree but I don't think this design is horrible. It's sure better from what I have seen from them in the past.

I'm skeptical on the high end market in Uptown now with HST coming into play. I know nothing about architects prices, etc.. But I would assume it cost more, and I'm not saying since it's more money don't do it. They just have to do it right. For example if this building turned into something from a architect that you mentioned they would have to make most units under the 400k range. Which is fine I suppose but it would limit the square footage of the units. Like I said I know little about this kind of stuff and maybe a good design isn't that much more and these companies are just cheap/lazy and enjoy pre-deisgned buildings.
Post #2403
03-02-2010 09:48 AM
Unknown Author

Town Member
Joined Mar 2010
216 posts
Although checking out Bauer condo pricing, coming from a Toronto perspective, is quite shocking: you get large one bedrooms in Waterloo compared to Toronto's market. I'd say uptown should probably target the under $400k price point, aiming at young professionals (heck even working class folk could afford cheap condos in K-W), students and single people. In the immediate area, home prices have crashed by the looks of mls listings (thinking of Union/King/Moore/Waterloo St area--I love the red brick homes, that can now be had for under $200k, a price I haven't seen in at least 8 years), thus condo prices will have to get in line or else become out of reach to most K-Wers.
Post #2408
03-02-2010 10:08 AM
Unknown Author

City Member
Joined Dec 2009
681 posts
I agree we get bigger 1 bedrooms than Toronto but they are still somewhat pricey unless you want to live in 600sq/ft and even that is 220-230 now. Home prices are still pretty high in the areas your talking about. I haven't seen a home under 200k in awhile and if there is one you would need to put in a lot of cash to get it up to snuff. What is different here is people don't have to live in a condo yet because of prices like Toronto. They do it because they want to.

All the homes across the street around King St by the Bauer Lofts are all pretty pricey. 300's, etc. There is a house that I can see on Allen St from my condo that is around 700k. If you want one of the older homes on Willow that is turned into rentals they fetch in the 600-700 range also.
Post #2414
03-02-2010 10:22 AM
Unknown Author

Metropolis Member
Kitchener
Joined Dec 2009
4277 posts
I don't mind the look of this one either. Nice big windows which is a definite plus. But as Bauer said, could be a tough sell if they decide to go really upscale. If they price it like 144, it won't sell. If they price it starting around 200k for the base/small units they'll do alright.

Another thought on the design. Since it's not yet approved, theres nothing saying Waterloo City Council doesn't make them improve it based on the new design guidelines.
Post #5686
04-27-2010 05:12 PM
Unknown Author

Village Member
KW
Joined Jan 2010
85 posts
Anyone heard any updates on this project?
Post #5939
05-01-2010 08:22 PM
Unknown Author

City Member
Joined Jan 2010
744 posts
Nothing of late. It's not even on Auburn's website. They might want to see how the BarrelYards go over before moving any further with this.
Post #43793
02-21-2010 11:22 AM
Unknown Author

City Member
Joined Jan 2010
744 posts
31 Alexandra Avenue
City of Waterloo
Developer:
Auburn Developments



Condo developer seeks OK to build 12-storey tower
THE RECORD | Saturday, November 29, 2008 | http://news.therecord.com/article/451387

WATERLOO - A developer is seeking a zone change uptown to allow for a 12-storey, 128-unit condo development on Alexandra Avenue.

London-based Auburn Developments wants to build the luxury condos on the former parking lot at 31 Alexandra Ave., which backs onto William Street.

Chris Pidgeon of GSP Group in Kitchener, said the project, on about a third of a hectare, will feature two- and one-bedroom units.

Councillors will hold a public meeting on Monday night at City Hall.

Pidgeon said the developer has done a traffic study that concluded the condo building will not cause traffic problems for the neighbours.

The development will offer three floors of underground parking with 200 spots and about a dozen surface parking spots.

Auburn is asking for approval to increase density on the property to 400 units per hectare from 250 units per hectare.

Scott Amos, director of development approvals for the city, said higher intensity in the core area is exactly what the city is looking for.

"It's a pretty funky place to live,'' Amos said.

The condo project would be adjacent to the old Alexandra school, which now has 22 condos. Developer Shawky Fahel preserved the 1908 school in renovating the building, which has hardwood floors and high ceilings.

Auburn is the developer behind the $250-million BarrelYards project, which is to feature 1,000 residential units on the former Canbar lands. Construction is expected to start in the spring.