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?
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"
Regarding 186 King St S I found this today on www.icx.ca.
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?
Im really curious what the actual price is. I'd LOVE to see it get redeveloped. Lots of potential for something mid rise there.
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.
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.
188 King Street South, Waterloo "Before Shot" - March 26, 2010
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.
Ya that DQ lot would be perfect! Its a lot deeper than it seems too.
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.
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.
Momentum is playing for keeps in in Waterloo, and that's a good thing!
Great news!, hopefully it's around 6-8 stories and mixed use.
Awesome news on Momentum & 186 King Street South (Red Cross)!
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!