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  1. 328 Regina Street North

    Formerly 324 and 328 Regina Street North
    18 storey | 97 unit | 485 bedroom student housing

    2. #1
    WatDot
    05-24-2011 10:26 AM
  2. From Waterloo | Member Since Feb 2010 | 423 Posts
    #2
    05-24-2011 10:29 AM
    Fences are up and demolition will probably occur around the same time as this company demos their other property on King Street.
    Last edited by WatDot; 05-24-2011 at 11:04 AM.
  3. From Kitchener | Member Since Oct 2010 | 786 Posts
    #3
    05-24-2011 11:41 AM
    It's astonishing how much more capacity is coming on the market.
  4. From Kitchener Waterloo | Member Since Oct 2010 | 590 Posts
    #4
    05-24-2011 12:50 PM
    Quote Originally Posted by markster
    It's astonishing how much more capacity is coming on the market.
    Yup. 10,000 new beds over the next couple of years
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  5. Member Since Jul 2010 | 1,308 Posts
    #5
    05-24-2011 01:49 PM
    Quote Originally Posted by benjaminbach
    Yup. 10,000 new beds over the next couple of years
    Meanwhile, the University of Waterloo says:

    "Waterloo is likely to admit about as many first-year students this year as last year."

    while enrollment in the Waterloo campus of WLU actually went down a couple of years back as the double cohort completed its way through the system.
    Last edited by BuildingScout; 05-24-2011 at 02:01 PM.
  6. From Kitchener | Member Since Oct 2010 | 786 Posts
    #6
    05-24-2011 02:34 PM
    Not to mention that the Baby Boom Echo is just about finishing their way through University right now.

    I don't think that we'll be seeing rental prices climbing much over the next decade...
  7. From Waterloo | Member Since Feb 2010 | 423 Posts
    #7
    05-24-2011 03:05 PM
    Laurier dipped the year right after double cohort but picked up again overall. I don't think you will see a drastic dip for a while as the Universities continue to pursue international and out of province markets to fill any void... a void which has yet to be seen (applications continue to increase).

    These large scale projects will definitely keep rental rates lower though. A benefit is student rental units outside of the immediate area become extremely less appealing saving other neighbourhoods from becoming ghetto-ized. As for Northdale... errr... I dunno. I believe in intensification but these projects are not much improvement. Something really needs to be done at the City level. Increased housing, but no increase/improvement to sidewalks, pedestrian crossings, bike lanes, public transit or mixed-zoning usage... disaster!
  8. RangersFan's Avatar
    From Kitchener | Member Since Jan 2010 | 1,155 Posts
    #8
    05-24-2011 03:15 PM
    This will become a landmark in Waterloo.... boy I wish 275 King st North would have been built, to set an example for the entire neighbourhood.
  9. Member Since Jul 2010 | 1,308 Posts
    #9
    05-24-2011 03:16 PM
    Quote Originally Posted by WatDot
    A benefit is student rental units outside of the immediate area become extremely less appealing saving other neighbourhoods from becoming ghetto-ized.
    Agree 100%. For many years city council tried to stop the overtaking of neighbourhoods with ineffective distance separation regulations. They didn't work as Northdale, Lester, Marshall, Bricker st residents can attest. Our neighbourhood also was slowly becoming student-dominated until large developments were allowed on Columbia. Since then the number of student rentals has gone down.

    Let's also not forget that monster houses were the creation of city council, since for many years they refused to allow proper rental units to be built anywhere within the city. Now that proper rentals are allowed developers greatly favour proper buildings over conversions to monster houses.
    Last edited by BuildingScout; 05-24-2011 at 05:55 PM.
  10. UrbanWaterloo's Avatar
    From Kitchener-Waterloo | Member Since Dec 2009 | 5,675 Posts
    #10
    05-25-2011 02:18 PM
    May 25, 2011







  11. From Waterloo, ON | Member Since Jan 2010 | 1,962 Posts
    #11
    05-25-2011 03:01 PM
    Wow. In an area still dominated by detached houses, we're demolishing mid-rise apartment buildings to build high-rises? Really?

    And for that matter, it's replacing 2- and 3-bedroom housing stock with 5-bedroom student-only units.
    Last edited by mpd618; 05-25-2011 at 03:07 PM.
  12. Trogdor's Avatar
    From Toronto/KW | Member Since Mar 2010 | 232 Posts
    #12
    05-25-2011 03:11 PM
    Quote Originally Posted by mpd618
    Wow. In an area still dominated by detached houses, we're demolishing mid-rise apartment buildings to build high-rises? Really?

    And for that matter, it's replacing 2- and 3-bedroom housing stock with 5-bedroom student-only units.
    It's sad, but these aren't exactly the prettiest mid-rises so I'm not overly upset.
  13. From Belmont Villiage | Member Since Dec 2009 | 422 Posts
    #13
    05-25-2011 05:00 PM
    Those places are dumps anyway. It will take at least 3 years to make a big building look that bad.

    I'm actually happy to have them develop this kind of building on that section of Regina. It means it isn't somewhere offensive, like King Street.

    I still have hope for Northdale's interior, although, it is minimal. The city planners don't want to let people do anything but sleep in that neighborhood.
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  14. From Waterloo, ON | Member Since Jan 2010 | 1,962 Posts
    #14
    05-25-2011 05:26 PM
    Aesthetically, I was thinking it might be a wash. And then I realized that those mature trees stand no chance.
  15. Member Since Jul 2010 | 1,308 Posts
    #15
    05-25-2011 06:27 PM
    Quote Originally Posted by mpd618
    Aesthetically, I was thinking it might be a wash. And then I realized that those mature trees stand no chance.
    I think the added density of that area is likely to lead into the development of a nice urban destination, something that Waterloo didn't have until very recently, when uptown and Belmont village started becoming places to go to.
  16. From Waterloo | Member Since Feb 2010 | 423 Posts
    #16
    05-25-2011 09:17 PM
    The City needs to start encouraging mixed use on these major streets though. I can't see the interior streets of Northdale eventually becoming home to businesses and places of employment, with the major roadways being strictly intensified residential (student) developments. Kind of backwards in my opinion.
  17. From Waterloo | Member Since Feb 2010 | 423 Posts
    #17
    05-30-2011 09:26 AM
    Demo is underway this morning.
  18. UrbanWaterloo's Avatar
    From Kitchener-Waterloo | Member Since Dec 2009 | 5,675 Posts
    #18
    06-06-2011 12:25 PM
    The southern building has been completely demolished...

    June 3, 2011





  19. From Kitchener | Member Since May 2010 | 121 Posts
    #19
    06-06-2011 02:42 PM
    I feel really strange about 328 coming down. The unit on the first floor, front right hand corner (looking from the street was the first place my future wife and I ever lived together in. Won't miss the building but I'll miss the memories!
  20. Member Since Jul 2010 | 1,308 Posts
    #20
    06-07-2011 11:57 PM
    Quote Originally Posted by BuildingScout
    Meanwhile, the University of Waterloo says:

    "Waterloo is likely to admit about as many first-year students this year as last year."
    Preliminary data is out and 1st year enrollments at uWaterloo are down 3% as planned. Overall enrollment including graduate programs is expected to go up by about 300 students.

    Number of beds slated to open this Fall? at least 1800.
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