CityPlaceN1
Senior Member
Depends from where in New Jersey.
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caltrane74
Senior Member
Noticed that those winter shielding panels are moving up the side of the Bay Adelaide Tower yesterday.
Thought they would remain at the base, but I guess not!!
Thought they would remain at the base, but I guess not!!
Evan
Active Member
Too bad Brookfield dosen't seem to care for Toronto.
caltrane74
Senior Member
It's not their fault. They have to deal with the culture in this city too. And let's face it, this is not Manhattan.
Ziggy
Active Member
New stacking plan including Heenan Blaikie:
source
The tower is gradually filling up! It looks like Heenan Blaikie will take 4 1/2 floors, and Fasken seems to now be taking up the full 18th floor, as opposed to just half of it as on the last stacking plan. Also, there seems to be a "mystery tenant" taking up half of the 12th floor.
source
The tower is gradually filling up! It looks like Heenan Blaikie will take 4 1/2 floors, and Fasken seems to now be taking up the full 18th floor, as opposed to just half of it as on the last stacking plan. Also, there seems to be a "mystery tenant" taking up half of the 12th floor.
caltrane74
Senior Member
good to hear they are filling this baby up!!
Now they can get to work leasing out BA2
I was looking for a shot of the winter shielding panels moving up the side of the framing. But found this instead.
r@veneyes at www.flickr.com
Now they can get to work leasing out BA2
I was looking for a shot of the winter shielding panels moving up the side of the framing. But found this instead.
r@veneyes at www.flickr.com
CityPlaceN1
Senior Member
Exciting to final start to see it impact the skyline.
Kahlua17
Active Member
That's a great photo !! I was trying to view the webcam today, but it's taking forever to load up.
caltrane74
Senior Member
Yeah, I was at Yonge and Adelaide the other night (last night actually) and when I looked over to Bay St. Whoa! That's all I can say. - And it's still 4 floors from half way up. Just crazy. Just crazy I tell ya!
I can only imagine as it gets higher up the kind of impact it will have.
I can only imagine as it gets higher up the kind of impact it will have.
Conrad Black
Senior Member
Now waiting to see what the cladding will look like.
Mongo
Senior Member
Remember when some posters here were calling this project 'infill'? I don't think so.
CityPlaceN1
Senior Member
Brookfield likes Manhattan as much as Toronto
Real Estate Weekly
Daniel Geiger
2/22/2008
But will Brookfield build on 9th without an anchor?
Yesterday The New York Times reported that Brookfield Properties plans to begin readying its development site on 9th Avenue between 31st and 33rd Streets for construction of up to 5.5 million square feet. The decision to begin the work, which entails building a platform over the LIRR rail yard tracks that run beneath the site, was first reported by rew-online.com on February 7 after the company’s chief executive, Richard Clark, mentioned that the construction would commence during a conference call that day.
The Times’ story provides a first look at renderings of the curvaceous pair of office towers that Brookfield wants to build on the parcel. The question is whether the firm will begin building the skyscrapers, once it has prepared the site, without an anchor tenant in place. The New York Observer, in a post yesterday, indicated that the answer to that would be no, a logical assumption considering the uncertain demand for office space now that the economy appears to be entering a pronounced slowdown.
On top of that, Brookfield is one of the bidders for the West Side rail yards a block west of its 9th Avenue site. Millions of square feet of office space and residential development are planned for the rail yards site, a major project that may discourage Brookfield from adding more supply in the area on speculative basis.
But during the conference call, Clark made an interesting comparison when assessing the risk of developing projects in the different office markers where Brookfield has a presence. Houston, which Clark described as a strong market because of the concentration of energy sector tenants there, was a city where Brookfield wouldn’t develop on spec because he said that other developers are planning projects that could quickly create a glut of supply.
“It makes us nervous,†Clark said. “It’s more risk than Toronto or New York.â€
In Toronto, Brookfield is in the process of building a new office complex, the Bay Adelaide Center, whose later phases may be built on spec. If Brookfield likes Manhattan as much as Toronto as Clark seemed to suggest, could that mean the REIT may in fact go ahead with the 9th Avenue project, especially if it doesn’t win the right to develop the rail yards?
Real Estate Weekly
Daniel Geiger
2/22/2008
But will Brookfield build on 9th without an anchor?
Yesterday The New York Times reported that Brookfield Properties plans to begin readying its development site on 9th Avenue between 31st and 33rd Streets for construction of up to 5.5 million square feet. The decision to begin the work, which entails building a platform over the LIRR rail yard tracks that run beneath the site, was first reported by rew-online.com on February 7 after the company’s chief executive, Richard Clark, mentioned that the construction would commence during a conference call that day.
The Times’ story provides a first look at renderings of the curvaceous pair of office towers that Brookfield wants to build on the parcel. The question is whether the firm will begin building the skyscrapers, once it has prepared the site, without an anchor tenant in place. The New York Observer, in a post yesterday, indicated that the answer to that would be no, a logical assumption considering the uncertain demand for office space now that the economy appears to be entering a pronounced slowdown.
On top of that, Brookfield is one of the bidders for the West Side rail yards a block west of its 9th Avenue site. Millions of square feet of office space and residential development are planned for the rail yards site, a major project that may discourage Brookfield from adding more supply in the area on speculative basis.
But during the conference call, Clark made an interesting comparison when assessing the risk of developing projects in the different office markers where Brookfield has a presence. Houston, which Clark described as a strong market because of the concentration of energy sector tenants there, was a city where Brookfield wouldn’t develop on spec because he said that other developers are planning projects that could quickly create a glut of supply.
“It makes us nervous,†Clark said. “It’s more risk than Toronto or New York.â€
In Toronto, Brookfield is in the process of building a new office complex, the Bay Adelaide Center, whose later phases may be built on spec. If Brookfield likes Manhattan as much as Toronto as Clark seemed to suggest, could that mean the REIT may in fact go ahead with the 9th Avenue project, especially if it doesn’t win the right to develop the rail yards?
Geekaroo
Active Member
I just looked out the window and thought "There's something weird". The panels are two stories off the ground. If this continues, the crazy artwork might be visiable as part of the skyline before the cladding rises up. I'll try to snap some pictures - it's a little hard to describe how odd it it.
grey
Senior Member
No?
caltrane74
Senior Member
The way the have been leasing out Bay Adelaide 1, I don't think there is a need to go spec on Bay Adelaide 2.