BUILT RidgeView Place Uses: rental, commercial Address: 2770 Claude Road Municipality: Langford Region: West Shore Storeys: 11 |
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[Langford] Danbrook One / RidgeView Place | 11-storeys | Rentals, commercial | Built - completed in 2019
#221
Posted 27 February 2020 - 05:19 AM
If we can seismically support 100-year-old schools can we not add to the structural integrity of a modern tower?
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#222
Posted 27 February 2020 - 05:56 AM
Not certain but I have it on good authority that the fixes required are non-trivial. If they want to save it (building is stigmatized) it will apparently require changes to the core of the building that would reduce floor area or major external supports.Are we certain that’s actually the case?
If we can seismically support 100-year-old schools can we not add to the structural integrity of a modern tower?
Won’t be a quick fix.
Edited by LeoVictoria, 27 February 2020 - 05:57 AM.
#223
Posted 27 February 2020 - 06:47 AM
Oh yeah, I'm sure it will be pricey. But I wouldn't call this an almost impossible undertaking, it's more a matter of who will pay for what.
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#224
Posted 27 February 2020 - 06:58 AM
Difference between the 100 year old school and a modern tower is that in an old stick frame school there are lots of external and load bearing walls that can be reinforced. In a concrete tower (nearly) all the strength comes from the core. So if the core is not up to seismic code (as in Danbrook), it's pretty tricky to beef up.
#225
Posted 27 February 2020 - 07:12 AM
We're dealing with hypotheticals here. Unless you know the issue is specific to the subterranean core and can link to information that identifies the issue as such in an official report, it's not appropriate for us to speak in definite terms.
There is so much hearsay and innuendo floating around about this project that I personally have heard a half-dozen different assessments of whats really going on. It can't be all of those things, and it might be none. We should really wait for the reports to become public.
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#226
Posted 27 February 2020 - 08:26 AM
Source is good. Issue is with the core. Whether and how it might be fixed is up in the air
#227
Posted 27 February 2020 - 08:36 AM
Seems like this might end up being a win-win for everybody. Tear down the building and build Langford's first tall tower.
#228
Posted 27 February 2020 - 08:37 AM
Double or triple the number of units. Housing crunch, rental crisis, etc.
#229
Posted 27 February 2020 - 11:09 AM
We're dealing with hypotheticals here. Unless you know the issue is specific to the subterranean core and can link to information that identifies the issue as such in an official report, it's not appropriate for us to speak in definite terms.
There is so much hearsay and innuendo floating around about this project that I personally have heard a half-dozen different assessments of whats really going on. It can't be all of those things, and it might be none. We should really wait for the reports to become public.
Agreed that there are lots of rumours floating out there. What we know is that Centurion has not collected rent in more than 2 months and the carrying costs of this building are likely in excess of $100K a month so they would be motivated to find a resolution quickly. If this was the quick fix that many people seemed to indicate it was then there would have already been a permit submitted and remediation started.
Stu keeps mentioning that insurance will sort this out and it may.
#230
Posted 27 February 2020 - 12:06 PM
Are we certain that’s actually the case?
If we can seismically support 100-year-old schools can we not add to the structural integrity of a modern tower?
100 year old concrete schools are essentially gutted, reinforced, then rebuilt when they are seismically upgraded, resulting in quite a bit of lost floor space for steel bracing and walls covering bracing and brick anchors. Look at the cost estimate for Vic High, excluding the expansion, as an example of how costly it is.
#231
Posted 27 February 2020 - 12:15 PM
Some insurance company somewhere is going to be taking a big hit on this
#232
Posted 27 February 2020 - 12:33 PM
Agreed that there are lots of rumours floating out there. What we know is that Centurion has not collected rent in more than 2 months and the carrying costs of this building are likely in excess of $100K a month so they would be motivated to find a resolution quickly. If this was the quick fix that many people seemed to indicate it was then there would have already been a permit submitted and remediation started.
Stu keeps mentioning that insurance will sort this out and it may.
Even a quick fix can take a lot of time to settle. If lawsuits are coming then this could drag on for years before any shovels hit the dirt.
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#233
Posted 27 February 2020 - 12:35 PM
That’s not necessary to seismically support a structure in all cases.100 year old concrete schools are essentially gutted, reinforced, then rebuilt when they are seismically upgraded, resulting in quite a bit of lost floor space for steel bracing and walls covering bracing and brick anchors. Look at the cost estimate for Vic High, excluding the expansion, as an example of how costly it is.
Look at the Janion, Morley Soda, etc. The interiors were retained.
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#234
Posted 27 February 2020 - 12:38 PM
Until we have evidence that’s just a rumour.Source is good. Issue is with the core. Whether and how it might be fixed is up in the air
I want to remind everyone that a lot of people read these forums and source information from them. Until we have evidence any theories as to what is actually going on are unsubstantiated.
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#235
Posted 27 February 2020 - 05:46 PM
Until we have evidence that’s just a rumour.
I want to remind everyone that a lot of people read these forums and source information from them. Until we have evidence any theories as to what is actually going on are unsubstantiated.
Anyone taking information off a random forum and making significant decisions based on that without verifying it themselves has no one to blame but themselves.
im just sharing what happened for interests sake.
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#236
Posted 28 February 2020 - 12:42 AM
Seems like this might end up being a win-win for everybody. Tear down the building and build Langford's first tall tower.
Woot! I wanna see this baby precision-implode...
#237
Posted 28 February 2020 - 07:09 AM
This is not a random forum, I’m sure you would agree. More people read this forum on a weekly basis than you might imagine.Anyone taking information off a random forum and making significant decisions based on that without verifying it themselves has no one to blame but themselves.
im just sharing what happened for interests sake.
Plenty of credible sources believe they know what went on with this building with various scenarios described as fact. But like I said earlier they can’t all be right and maybe they’re all wrong, in the absence of publicly available information.
Who's your source? Who do they work for? And what is their involvement with this building? If you can’t answer those questions on here, and if the source wasn’t directly involved, you’re spreading hearsay, and I want everyone reading this to understand that no matter what eventually comes out of all of this.
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#238
Posted 31 March 2020 - 12:40 PM
Centurion Apartment REIT owns Danbrook plus lots of other buildings across the country. For an idea of how hard this industry is being hit all you need to do is look at their fundraising activities
Nov-Dec $76M
Dec - Jan $50M
Jan - Feb $62M
Feb - Mar $1.6M
Source BCSC website.
#239
Posted 31 March 2020 - 12:45 PM
Spanky, what do those numbers mean?
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#240
Posted 31 March 2020 - 01:11 PM
Spanky, what do those numbers mean?
Those are the amounts of money they raised from investors during that period of time.
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