Lofty Riverside [1335 Bank St] | 86m | 26f | Proposed

[Davis137]

It looks like more updates to utilities is being done around these properties, which has made any driving in the area around Billings and Old Ottawa South a lot of fun...

[TransitZilla]

First phase of the Bank Street reconstruction. https://skyscraperpage.com/forum/sho...d.php?t=253699

[ParkRiverProperties]

Originally Posted by Harry Goatleaf

I agree. I do like the proposal but the drawings are 3 years old and and a lot of things can change in 3 years.

We appreciate the excitement to see this project advance, but the activity on-site is currently related to the Bank Street renewal work. We are still working with the city to finalize approvals to proceed with the project. We will keep you informed as we have more information to share. Hopefully we will have more to come in the next few months.

[Harley613]

Thank you as always ParkRiverProperties. It would be AMAZING if we had more developers engage with the community on here. We're a bunch of yahoos, but many many people lurk on here and get valuable information about what is happening in Ottawa, and it's so much better to have the information presented firsthand.

[Ottawacurious]

Hi ParkRiverProperties,
I'm wondering if you can offer any insight into the 'tabletop' in ottawa. Unofficially, why are there so many 25-32 storey buildings in Ottawa where they could have been built much taller. See this post as an example: https://skyscraperpage.com/forum/sho...d.php?t=255361

Is there something unique about the finances for projects in ottawa or are the Nimby's unusually strong?

[ParkRiverProperties]

Originally Posted by Ottawacurious

Hi ParkRiverProperties,
I'm wondering if you can offer any insight into the 'tabletop' in ottawa. Unofficially, why are there so many 25-32 storey buildings in Ottawa where they could have been built much taller. See this post as an example: https://skyscraperpage.com/forum/sho...d.php?t=255361

Is there something unique about the finances for projects in ottawa or are the Nimby's unusually strong?

There are a few potential reasons for this including (in no particular order):

- Higher construction costs
- Market risk for timeline to rent out the building (rental)
- Market risk for achieving the necessary sales (condo)
- Limited local trade/contractor experience with buildings above 35 storeys
- Parking requirements to meet demand
- Extended timelines for development
- Zoning process

I'm sure there are a lot more, those are the ones that jump out first.

[Harley613]

Originally Posted by ParkRiverProperties

There are a few potential reasons for this including (in no particular order):

- Higher construction costs
- Market risk for timeline to rent out the building (rental)
- Market risk for achieving the necessary sales (condo)
- Limited local trade/contractor experience with buildings above 35 storeys
- Parking requirements to meet demand
- Extended timelines for development
- Zoning process

I'm sure there are a lot more, those are the ones that jump out first.

It makes me wonder which of these factors are different 190kms to the East and 390kms to the Southwest.

[J.OT13]

Originally Posted by Harley613

It makes me wonder which of these factors are different 190kms to the East and 390kms to the Southwest.

Experience is the only one that strikes me as different. Didn't stop them in the 60s, but I guess there was more of a can-do attitude back then.

They had issues with Icon, but I don't think that had anything to do with the height. That was all the ridiculously deep parking (no doubt the City would approve far less parking today) that caused injuries and death, along with the balconies, which seemed like standard rulings for curvy structures.

[Dzingle Bells]

Originally Posted by Harley613

It makes me wonder which of these factors are different 190kms to the East and 390kms to the Southwest.

I think zoning (and more broadly - direction from the city) is a driving factor. The city had 27 stories as their height limit in much of centretown and I think this has been projected onto the rest of the city as something they are comfortable with. Even local planning firms are quick to suggest to clients.. "let's aim for 27 stories" because they know the city is comfortable with that.

[SidetrackedSue]

Originally Posted by Harley613

It makes me wonder which of these factors are different 190kms to the East and 390kms to the Southwest.

The other buildings weren't being built in the river?

https://www.reddit.com/media?url=htt...zrf7uadhb1.jpg

[ponyboycurtis]

I was on the assumption that this post pinged again based on yet another flood at the adjacent property.

Are we sure we wish to build on this location despite what anyone says?

[SidetrackedSue]

Originally Posted by ponyboycurtis

I was on the assumption that this post pinged again based on yet another flood at the adjacent property.

Are we sure we wish to build on this location despite what anyone says?

Ottawa Reddit included a link to this thread yesterday, questioning the wisdom of building a tall building with a several level underground garage in an area with a reputation for flooding.

[water_mage73]

Curious if there is any news on this project? I'm personally looking forward to some modern high-rise buildings along with the Bank Street reconstruction project.

[Arcologist]

I'm still loving the design of this building but always wondered why the south end couldn't be built taller? We'd have the main tower facing the river, the black-clad midrise section, but instead of continuing the midrise through to the south end and just switching to orange brick, why not add a few more storeys?