Wonderful Waterloo Archive

This site is maintained by Sam Nabi as a record of the vibrant Wonderful Waterloo community, which was taken offline in 2014. This site is a partial archive, containing some posts from 2009-2013. To read more about the recovery effort and access the data in a machine-readable format, check out the GitHub page.

Proposed The Red Condominiums | 23 m | 6 fl

Post #9421 02-19-2010 09:33 AM jay Moderator	The Red Condominiums 186/188 King Street South, Waterloo Developer: *NOTE: More detailed renders and images will be released by Momentum in the coming weeks. Image from Momentum Developments.
Post #9422 02-19-2010 10:00 AM Spokes Conurbation Member Kitchener Joined Dec 2009 5004 posts	Are the units definitely for sale? I guess I just always thought they might be rentals when in the council papers it said the project would "provide opportunity for affordable/student housing"
Post #9429 02-23-2010 05:10 PM Greg Moore Urban Issues Moderator Belmont Villiage Joined Dec 2009 240 posts The opinions expressed in my messages may not be the shared opinions of Wonderful Waterloo E-mail me! - accessibility@wonderfulwaterloo.com	Regarding 186 King St S I found this today on www.icx.ca. http://www.icx.ca/propertyDetails.as...ertyId=8928250 Excellent Corner Redevelopment Site On King St. S At The Corner Of Allen St. Approx 0.37 Acres With Existing Building Of Approx 7350 Sf. Wide Array Of Uses Permitted On The Site Including Commercial, Residential And Institutional Under Zoning Bylaw. 1.08 Property Being Undersold Under A Modified Tender Bidding Process With A Bid Date Of January 29, 2010. The Vendor Reserves The Right To Change The Bid Date In Its Sole Discretion.** EXTRAS ** 2nd Agent: Hudson Merritt, 519-340-2318 The price...$1. I'm in. Whatcha wanna build?
Post #9430 02-23-2010 07:10 PM Spokes Conurbation Member Kitchener Joined Dec 2009 5004 posts	Im really curious what the actual price is. I'd LOVE to see it get redeveloped. Lots of potential for something mid rise there.
Post #9431 02-23-2010 10:43 PM jay Moderator Bauer Lofts, Waterloo Joined Dec 2009 667 posts	It's 1.6 million. It's listed somewhere I forget where but I saw that number. I would love to see this get redeveloped also. 188 King st South is about to get demo'd and it would have been nice for a combined development. What annoys me is that grey building is staying, it would have been nice if it was in the 188 project.
Post #9433 02-24-2010 08:45 AM Spokes Conurbation Member Kitchener Joined Dec 2009 5004 posts	Originally Posted by Bauer123 It's 1.6 million. It's listed somewhere I forget where but I saw that number. I would love to see this get redeveloped also. 188 King st South is about to get demo'd and it would have been nice for a combined development. What annoys me is that grey building is staying, it would have been nice if it was in the 188 project. Ya it definitely would have been nice to combine all 3 of those properties, but I have hope for two separate smaller properties if they are done correctly. They should add a good amount of architectural variety in terms of both height and design.
Post #9434 02-24-2010 08:51 AM jay Moderator Bauer Lofts, Waterloo Joined Dec 2009 667 posts	True. With 188 being 5 floors: I think the red cross lot could be 9 or 10 and the Allen Square is 6 stories so it would give it a nice variation. I'm curious if the owners of the apartment buildings a couple homes up on King will sell. They are directly in front of Bauer and they are showing there age. They could probably double the rent that is paid there now if a nicer building was done.
Post #9435 02-24-2010 09:07 AM Spokes Conurbation Member Kitchener Joined Dec 2009 5004 posts	Originally Posted by Bauer123 True. With 188 being 5 floors: I think the red cross lot could be 9 or 10 and the Allen Square is 6 stories so it would give it a nice variation. I'm curious if the owners of the apartment buildings a couple homes up on King will sell. They are directly in front of Bauer and they are showing there age. They could probably double the rent that is paid there now if a nicer building was done. Ya now that Bauer's done, and 188 is about to get going we could definitely see some people start selling. Especially if they see the Red Cross building sell.
Post #9469 03-27-2010 02:50 AM UrbanWaterloo Moderator Kitchener-Waterloo Joined Dec 2009 3615 posts	188 King Street South, Waterloo "Before Shot" - March 26, 2010
Post #9471 03-27-2010 08:21 AM Spokes Conurbation Member Kitchener Joined Dec 2009 5004 posts	Originally Posted by UrbanWaterloo 188 King Street South, Waterloo "Before Shot" - March 26, 2010 Does this mean demolition is right around the corner? I sure hope so
Post #9472 03-27-2010 11:19 AM jay Moderator Bauer Lofts, Waterloo Joined Dec 2009 667 posts	You beat me to that picture Urban! I was going take one from my balcony. When this starts we will have nice aerial shots of this getting built, with the view from our lofts. Kieswetter Demolition was there a couple weeks ago taking out interior stuff, but I haven't seen anything since. I thought the Red Cross building would sell already also. I wonder if what is holding it up is someone might be trying to negotiate both property's and the owner of 188 is weighing his options.. Just a thought... It is only March so maybe they want to wait until April and the better weather. When I look out my window I see lots of options on King that could be re-devoleped. Dairy Queen really stands out for me. The lot is pretty big, and they are a seasonal location. If they wanted to keep it they could move into the bottom of a new building, plus I doubt that location has been updated since the 60's like the Cambridge one by GCI.
Post #9473 03-27-2010 02:26 PM Spokes Conurbation Member Kitchener Joined Dec 2009 5004 posts	Ya that DQ lot would be perfect! Its a lot deeper than it seems too.
Post #9524 05-21-2010 09:56 AM jay Moderator Bauer Lofts, Waterloo Joined Dec 2009 667 posts	Also what's going on with 188 King St South?. I wonder if they shelved the plans until they find out what is happening with the Red Cross Building.
Post #9537 06-05-2010 11:43 AM jay Moderator Bauer Lofts, Waterloo Joined Dec 2009 667 posts	Red Cross on King St in Uptown has a sold sign on it. I wonder now that this is sold we will find out what is happening to 188 King St S, beside it. There was supposed to be a 5 story mixed use apartment going there but nothing has happened in months. I wouldn't be surprised if they will combine the lots in order to make a bigger project. If they do that they should buy the gray house beside 188 also.
Post #9541 06-07-2010 02:19 PM myfaceisonfire Hamlet Member Joined Jan 2010 42 posts	Originally Posted by jay Red Cross on King St in Uptown has a sold sign on it. I wonder now that this is sold we will find out what is happening to 188 King St S, beside it. There was supposed to be a 5 story mixed use apartment going there but nothing has happened in months. I wouldn't be surprised if they will combine the lots in order to make a bigger project. If they do that they should buy the gray house beside 188 also. A little birdie told me that Momentum Developments bought the red cross property and they plan to develop another infill project there. The birdie didn't know if they had also bought the adjacent properties. Momentum is playing for keeps in in Waterloo, and that's a good thing!
Post #9542 06-07-2010 03:26 PM jay Moderator Bauer Lofts, Waterloo Joined Dec 2009 667 posts	Great news!, hopefully it's around 6-8 stories and mixed use.
Post #9543 06-07-2010 10:34 PM Spokes Conurbation Member Kitchener Joined Dec 2009 5004 posts	Originally Posted by myfaceisonfire A little birdie told me that Momentum Developments bought the red cross property and they plan to develop another infill project there. The birdie didn't know if they had also bought the adjacent properties. Momentum is playing for keeps in in Waterloo, and that's a good thing! That's a great thing!! And I echo Jay's comment too.
Post #9544 06-08-2010 04:21 PM UrbanWaterloo Moderator Kitchener-Waterloo Joined Dec 2009 3615 posts cc LRT Letters to letters@wonderfulwaterloo.com	Awesome news on Momentum & 186 King Street South (Red Cross)!
Post #12980 08-20-2010 01:20 PM myfaceisonfire Hamlet Member Joined Jan 2010 42 posts	Originally Posted by myfaceisonfire A little birdie told me that Momentum Developments bought the red cross property and they plan to develop another infill project there. The birdie didn't know if they had also bought the adjacent properties. Momentum is playing for keeps in in Waterloo, and that's a good thing! In the August 23rd Packets there is a letter indicating momentum's desire to not have the red cross building listed as a heritage property. The reason is that they own both 186 King and 188 King. They intend to develop another mixed use development similar to the42. I guess that all but confirms things. Let's hope it goes through!
Post #17251 09-20-2010 12:52 PM metropolis Town Member Waterloo Joined Jan 2010 129 posts	This then may be an opportunity for Momentum to expand their project so we get something equal in stature to what is across King. With the For Sale signs up though I'm thinking they aren't jumping at this because as a seller I would have apprached them prior to listing.
Post #17252 02-19-2010 09:33 AM jay Moderator Bauer Lofts, Waterloo Joined Dec 2009 667 posts	Kieswetter has been preping the demolition of 188 King St South for the last 2 days. Hopefully they start construction right away. Has anyone heard anything about a sales office?
Post #22390 01-10-2011 09:04 AM benjaminbach Town Member Waterloo Joined Oct 2010 217 posts Benjamin Bach, Sales Rep & Director at KW Commercial \| Read my real estate investment blog Not intended to solicit clients or properties under contract.	Originally Posted by Floor2012 I'm thinking of buying an investment unit in the RED building. They are planning some studio apartments in the 425 sq. ft. range. But are these sq. ft. prices sustainable? Did you get pricing & floor plan info from them?
Post #22401 01-10-2011 01:05 PM Floor2012 Hamlet Member Joined Jan 2010 37 posts	Originally Posted by benjaminbach Did you get pricing & floor plan info from them? I don't have plans or pricing. And to avoid confusion...I understand that they are planning some studio apartments starting from 425 sq. ft in size. (not to be confused with per sq. ft. cost).
Post #22425 01-11-2011 07:42 AM benjaminbach Town Member Waterloo Joined Oct 2010 217 posts Benjamin Bach, Sales Rep & Director at KW Commercial \| Read my real estate investment blog Not intended to solicit clients or properties under contract.	Originally Posted by Floor2012 I don't have plans or pricing. And to avoid confusion...I understand that they are planning some studio apartments starting from 425 sq. ft in size. (not to be confused with per sq. ft. cost). Gotcha, thanks. That'll make Kaufman seem spacious!
Post #23779 01-26-2011 10:51 AM Lynne Hamlet Member Joined Jan 2011 1 posts	Does anyone have more info about these condos? Size and price would be good to know.
Post #23787 01-26-2011 12:40 PM Spokes Senior Moderator Kitchener Joined Dec 2009 5348 posts	Originally Posted by Lynne Does anyone have more info about these condos? Size and price would be good to know. None of that has been released yet. Should happen soon though. We'll have it here on WW as soon as it's public knowledge. Maybe even sooner
Post #23801 01-26-2011 05:02 PM jay Senior Moderator Bauer Lofts, Waterloo Joined Dec 2009 738 posts	I know they have been doing soil sampling on the site for the last couple of days