Hamilton 75 James Condos | 108m | 34s | LIUNA | Graziani + Corazza

junctionist said:
This building is massive, but the setbacks break up its heft nicely. It adds a lot of interest to the skyline.
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interest sure.. but not in a good way imho. the massing is awkward and those prominent angled stripes don't help. reminds me somewhat of the new towers at Trafalgar and Dundas in Oakville. They stand out but just look odd. Looking forward to more buildings filling in around it so we won't have to take it in all at once. And yes it could have been much worse. I'm still ok with it as is
 
Roughly 300 of 616 condos units at 75 James have been sold, Joseph Mancinelli, Canadian director and vice-president of LIUNA International, told The Spectator earlier this fall.
Sales were slower than what he’d hoped, Mancinelli said, but noted LIUNA, a $13-billion pension plan manager, has the wherewithal to launch projects without achieving the 70 per cent presales other developers must meet.
“So we started building, quite frankly, with very few sales,” he said.
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www.thespec.com

A look at the developments expected to bring thousands of residential units to downtown Hamilton

Thousands of residential units planned for downtown as city looks to breathe more life in its core
www.thespec.com www.thespec.com
 
Just two pics (December 10, 2024)
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I specifically remember @Chris R. saying that the rising interest rates would have little to no impact on condo sales/prices. Well, here we are. And there's about to be a massive cut in immigration in the next couple years too due to public backlash. Should be an interesting next 5 years.
 
TheHonestMaple said:
I specifically remember @Chris R. saying that the rising interest rates would have little to no impact on condo sales/prices. Well, here we are. And there's about to be a massive cut in immigration in the next couple years too due to public backlash. Should be an interesting next 5 years.
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This is one condo that's been on the market since the deep covid years. It is a great deal at the moment. Probably the best precon in Ontario.

Meanwhile, the Television Condo on average sold for 1000-1200 sqft. Possibly occupancy in 2027.

Oh boi.
 
TheHonestMaple said:
I specifically remember @Chris R. saying that the rising interest rates would have little to no impact on condo sales/prices. Well, here we are. And there's about to be a massive cut in immigration in the next couple years too due to public backlash. Should be an interesting next 5 years.
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Chris R. spoke with a lot of bravado and bluster. He wasn't always correct, but I did appreciate his bullishness. He is missed.

The condo market is just deadsville. And 75 James apparently only had 300 of 616 units sold as of a couple of months ago. (Source: https://www.thespec.com/news/hamilt...cle_b93b866b-ec0b-539e-b797-0da66ca2d673.html).

Hamilton got some amount of development to take place while the going was good, but it probably could have capitalized more. It might be a long drought before another high-rise building breaks ground.
 
BCTed said:
Chris R. spoke with a lot of bravado and bluster. He wasn't always correct, but I did appreciate his bullishness. He is missed.

The condo market is just deadsville. And 75 James apparently only had 300 of 616 units sold as of a couple of months ago. (Source: https://www.thespec.com/news/hamilt...cle_b93b866b-ec0b-539e-b797-0da66ca2d673.html).

Hamilton got some amount of development to take place while the going was good, but it probably could have capitalized more. It might be a long drought before another high-rise building breaks ground.
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agreed, I also enjoyed having him around even if we didn't always see eye to eye on things. Always was good conversation.
 
TheHonestMaple said:
agreed, I also enjoyed having him around even if we didn't always see eye to eye on things. Always was good conversation.
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Did something happen to Chris? His Instagram has been silent since September of last year also? Hope he is okay.

As for housing, I'm hoping more purpose built rental towers happen then if condo sales aren't doing so well, could we see an uptick in rental high rises?
 
I spoke too soon.

2 bed 602 sqf going for $540999

Definitely situated around 900 per sqft. I can't see how these units will sell unless they are reaching between 750 - 850 per sqft. That's too much in this market....in downtown Hamilton.
 
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