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UNDER CONSTRUCTION
The Wade
Uses: condo, commercial
Address: 1105 Pandora Avenue
Municipality: Victoria
Region: Downtown Victoria
Storeys: 5
Condo units: 102 (studio/bachelor, 1BR, 2BR, 3BR, penthouse, 2BR + den, junior 1BR, junior 2BR)
Sales status: sold out / resales only
The Wade is a two-building, 102-unit mixed-use condominium and ground floor commercial development spanning th... (view full profile)
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The Wade | Condos; commercial | 5 and 4-storeys | Under construction


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753 replies to this topic

#701 LJ

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Posted 26 September 2019 - 08:22 PM

Publicly accessible is the key phrase, I believe. So if you can see the offending plant from, say, the library, then that's a no no. But if you can see it from your bedroom window, then it's OK (so long as you don't consider your bedroom a publicly accessible place). The regulation goes further to say that visibility has to be unaided, except eyeglasses, i.e. no binos or drones or elaborate mirror set-ups.

But open drug use/abuse on city streets is OK. Sheesh.


Life's a journey......so roll down the window and enjoy the breeze.

#702 Citified.ca

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Posted 27 September 2019 - 11:24 AM

Substantial progress has been made in recent days, including the installation of balconies on the remediated wing and bricklayers have arrived. The steel overhangs are now in place and the first glass panels (spandrel) are being installed (second photo).

 

September 27

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#703 Kramer

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Posted 07 October 2019 - 03:35 PM

Has anyone heard any completion updates?

Have they finished concrete pour for the new north section?

Seems to me like this project is still 8 months approx away from completion. Thinking it will take at least 2 months to get to “lock up” and then 6 for the interior build out.

Thoughts?

#704 Nparker

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Posted 07 October 2019 - 03:37 PM

...Have they finished concrete pour for the new north section?...

From my observation 2 days ago, no.



#705 scotto203

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Posted 07 October 2019 - 06:47 PM

From my observation 2 days ago, no.


Yeah, I was by there this evening and it looks like they still need to pour the concrete for the roof of that section.

#706 CitoyenduMonde

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Posted 07 October 2019 - 08:05 PM

We spoke to some of the workers onsite and they said they were working for Flynn the producer/installer/subcontractor of the glass and that they had expected to already be installing the glass, which is already on site, but that the supplier of the aluminum hasn't supplied the framework for the windows. This is both worrisome as this appears to be the bottleneck at the moment, and positive as the subcontractor is keeping people on hand to get things installed as soon as possible. If you walk around all 4 sides of the building site you can see that they have completed the pouring of the South building (new building) but still need to complete the top of the annex to the North building. The elevators are installed. All balconies except the annex ones are complete. You can likewise see that they have completed the plumbing and all interior frameworking for the inside walls. We also saw tiling being positioned for quick installation as well as other building materials being moved. It would not surprise me if the parking garage is presently packed full of the building supplies needed to do most of the inside work once the building is enclosed with glass.



#707 Mike K.

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Posted 07 October 2019 - 09:16 PM

I'm sure Flynn has plenty of other sites that their crews can work on in the area while they await the aluminium supplier's materials, so luckily all's not lost for their crews. The material supply chain is a bit of a struggle right now across the region.


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#708 Kramer

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Posted 13 October 2019 - 04:16 PM

Curious if any buyers have been contacted to go over interior design options and to “sign off” as per the contract.

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Edited by Kramer, 13 October 2019 - 04:16 PM.


#709 Moxuz

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Posted 15 October 2019 - 10:26 AM

2019 3rd Quarter Development Update

COMMERCIAL LEASING/SALES
Our targeted Health & Wellness/Medical tenant mix for the lower commercial levels, which is also consistent with the historical use of the existing (former Medical Arts) building, is yielding very significant interest. We have sold 3 commercial units, and our listing agent Colliers is engaged with several serious prospects. Now that the buildings are nearing completion and fixturing timelines are apparent, interest in the commercial space is intensifying.
RESIDENTIAL SALES
Suites are sold out, except for a handful retained, with a significant equity gain expected for purchasers upon occupancy, due to our early pre-sale program and ensuing general market price increase.
CONSTRUCTION
Existing (North) building:
Delivery of windows (delayed due to aluminum curtainwall fabrication bottlenecks) is now well underway. Annex building addition structure is complete. Electrical, plumbing, fire systems complete.
New (South) building:
Structure complete, all concrete poured, crane being removed. Framing of suites 90% complete. Electrical, plumbing, fire systems well in progress. Electrical Unit substation in place. Roof complete with planters and landscaping/rooftop elements underway. Commercial canopy complete.
Construction financing is running seamlessly.

The Wade is on budget and, due to curtainwall delivery delays, scheduled for a March 2020 occupancy permit. The project’s financial profile and projected profitability remains unchanged

Edited by Moxuz, 15 October 2019 - 10:30 AM.


#710 Kramer

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Posted 15 October 2019 - 01:32 PM

Not sure how the projects projected profitability can remain unchanged when the delivery is a year + behind schedule and they are paying high interest rates on deposits as per their marketing and sales program.

They have already been caught in a lie before saying the sidewalk collapse will have no impact on delivery timeline and then a few months later they blame a delay on it lol. Hard to take them at their word at this point.

Also, curious where you got these updates from? I appreciate that.

Summer 2020 is still my estimate for completion..
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#711 Mike K.

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Posted 15 October 2019 - 01:47 PM

2019 3rd Quarter Development Update

COMMERCIAL LEASING/SALES
Our targeted Health & Wellness/Medical tenant mix for the lower commercial levels, which is also consistent with the historical use of the existing (former Medical Arts) building, is yielding very significant interest. We have sold 3 commercial units, and our listing agent Colliers is engaged with several serious prospects. Now that the buildings are nearing completion and fixturing timelines are apparent, interest in the commercial space is intensifying.
RESIDENTIAL SALES
Suites are sold out, except for a handful retained, with a significant equity gain expected for purchasers upon occupancy, due to our early pre-sale program and ensuing general market price increase.
CONSTRUCTION
Existing (North) building:
Delivery of windows (delayed due to aluminum curtainwall fabrication bottlenecks) is now well underway. Annex building addition structure is complete. Electrical, plumbing, fire systems complete.
New (South) building:
Structure complete, all concrete poured, crane being removed. Framing of suites 90% complete. Electrical, plumbing, fire systems well in progress. Electrical Unit substation in place. Roof complete with planters and landscaping/rooftop elements underway. Commercial canopy complete.
Construction financing is running seamlessly.

The Wade is on budget and, due to curtainwall delivery delays, scheduled for a March 2020 occupancy permit. The project’s financial profile and projected profitability remains unchanged

 

This is good.

 

Once we see the windows going in things will ramp up quickly for the remaining interior work.


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#712 CitoyenduMonde

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Posted 15 October 2019 - 02:42 PM

Kramer,

 

I have tried to dig up the promised interest rates but cannot dig them up at the moment as we have most of our things packed away already. Could you perhaps share what they were supposed to be?

 

Not sure how the projects projected profitability can remain unchanged when the delivery is a year + behind schedule and they are paying high interest rates on deposits as per their marketing and sales program.



#713 Kramer

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Posted 15 October 2019 - 02:56 PM

Kramer,
 
I have tried to dig up the promised interest rates but cannot dig them up at the moment as we have most of our things packed away already. Could you perhaps share what they were supposed to be?


10% return on deposits were promised unless you chose the build your deposit (5% down spread over 12 months).

Also mike I’m not sure how “this is good” as this is the first time we have been told about another delay, and nothing has been posted to the wade website or sent to buyers. Most buyers are not on this forum so are still left in the dark and planning for a Jan move in.

#714 Mike K.

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Posted 15 October 2019 - 03:08 PM

I can only speak for myself, and I'm glad to see the progress that's taken place.

The developers are quick to answer emails from buyers. I'm sure plenty of them have been in regular contact with the developers. Others are quietly waiting for completion like those at every other project in town that’s facing delays.

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#715 shoeflack

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Posted 15 October 2019 - 03:28 PM

Today...

898D4575-D121-41AF-8FA9-35CAE5C7E489.jpeg
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#716 Mike K.

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Posted 15 October 2019 - 03:36 PM

Did you catch if any progress had been made on the balconies facing Pandora since the last photo update above?


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#717 shoeflack

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Posted 15 October 2019 - 05:11 PM

Did you catch if any progress had been made on the balconies facing Pandora since the last photo update above?

 

None. Should there be any though? Don't they just need glass inserts and the designed metal/steel plate? I suspect that'd be among the final touches.



#718 Mike K.

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Posted 15 October 2019 - 05:40 PM

Yup. I can’t wait to see the plates, they’re so different.
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#719 Zzz

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Posted 16 October 2019 - 08:09 AM

Did you catch if any progress had been made on the balconies facing Pandora since the last photo update above?

 

 

They are pouring the concrete pads in the metal frames right now.



#720 Zzz

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Posted 16 October 2019 - 08:12 AM

Curious if any buyers have been contacted to go over interior design options and to “sign off” as per the contract.

 

I haven't been contacted about this. I didn't even realize we get a final say lol. I can barely remember what the sample products look like 2+ years later.


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