One Young (née Mayfair Hotel) | 5 fl | Complete - Printable Version +- Waterloo Region Connected (https://www.waterlooregionconnected.com) +-- Forum: Land Development and Real Estate (https://www.waterlooregionconnected.com/forumdisplay.php?fid=4) +--- Forum: Urban Areas (https://www.waterlooregionconnected.com/forumdisplay.php?fid=5) +--- Thread: One Young (née Mayfair Hotel) | 5 fl | Complete (/showthread.php?tid=299) |
One Young (née Mayfair Hotel) | 5 fl | Complete - panamaniac - 12-03-2014 I almost hesitate to give this "project" its own thread but I noticed that there were workers or contractors on site yesterday and a small hoarding has been installed on a short section of the sidewalk on Young St. Something seems to happen for a day or two every number of weeks and then all goes quiet again. Last I heard, the plan to build a three storey addition on top of the hotel has been cancelled, for structural reasons, although I haven't seen any confirmation of this. I'm starting to wonder if we'll ever see this redevelopment actually take place? RE: Mayfair Hotel - BuildingScout - 12-03-2014 (12-03-2014, 02:56 PM)panamaniac Wrote: Last I heard, the plan to build a three storey addition on top of the hotel has been cancelled, for structural reasons, although I haven't seen any confirmation of this. If so, this is a lame excuse. It is perfectly possible to build an interior steel I frame that carries the load around the present building. It is just a polite way of saying: we didn't wanna do it. RE: Mayfair Hotel - panamaniac - 12-03-2014 My reaction when told this was similar but as I said, I have seen no confirmation that it is the case. RE: Mayfair Hotel - REnerd - 12-03-2014 (12-03-2014, 03:48 PM)BuildingScout Wrote:(12-03-2014, 02:56 PM)panamaniac Wrote: Last I heard, the plan to build a three storey addition on top of the hotel has been cancelled, for structural reasons, although I haven't seen any confirmation of this. To call this a lame excuse is just .... lame. There is such a thing as economically feasible. Downtown Kitchener is not New York or London. Unfortunately things need to make sense from a financial standpoint. RE: Mayfair Hotel - BuildingScout - 12-03-2014 (12-03-2014, 07:46 PM)REnerd Wrote: To call this a lame excuse is just .... lame. Sorry, but I stand by my comment. If it isn't economically feasible then say exactly that: we got no expressions of interest that were commensurable with the cost. None of this lame "structural reasons" excuse. RE: Mayfair Hotel - panamaniac - 12-03-2014 Again, I'm not aware that anything has been announced re this project. My comment above was something a third party told me - it is not confirmed. RE: Mayfair Hotel - Markster - 12-04-2014 (12-03-2014, 08:45 PM)BuildingScout Wrote: Sorry, but I stand by my comment. If it isn't economically feasible then say exactly that: we got no expressions of interest that were commensurable with the cost. None of this lame "structural reasons" excuse. Simply because "a solution exists" doesn't mean that they need to specify the exact parameters of their economic assumptions. There is clearly an assumed "using the structural capacity of the existing building" restriction, as anything further would have been outside the scope of the proposed work. Retrofitting heritage buildings with steel supporting structures is still the exception, not the rule. RE: Mayfair Hotel - realtyforward - 12-04-2014 (12-04-2014, 12:31 PM)Markster Wrote:(12-03-2014, 08:45 PM)BuildingScout Wrote: Sorry, but I stand by my comment. If it isn't economically feasible then say exactly that: we got no expressions of interest that were commensurable with the cost. None of this lame "structural reasons" excuse. I agree. Enough money can fix anything. Economics always has to be considered. There are structural issues here - simple. In my mind, I don't think the developer is being misleading or unfair by saying that (if that's, in fact, what they are actually saying). In any event, hats off to them for taking on this project. They may still be sourcing tenants and could be waiting on detailed tenant requirements before moving forward with completing the project. My understanding is that the inside of the building has been mostly gutted. RE: Mayfair Hotel - rangersfan - 12-08-2014 December 7, 2014 RE: Mayfair Hotel - panamaniac - 12-09-2014 So much hope I had pinned on that bit of fencing and wood on the Young St sidewalk, and today it's gone. Sigh.... RE: Mayfair Hotel - Spokes - 12-10-2014 If I had to guess there's quite a bit of interior demo that needs to be done to prepare for real work to get started. And much like many restoration projects, we won't be privy to the real progress that's happening on the inside. RE: Mayfair Hotel - JCnb - 12-10-2014 Here is a link to the leasing agent's sheet which has a few photos of the interior and a few renderings. http://www.coupalmarkou.com/features/Kitchener/KingStW_156-158_YoungSt_11.pdf RE: Mayfair Hotel - panamaniac - 12-10-2014 That site seems to imply that this will now be offices on the second and third floor and a much smaller hotel on the top three floors. That's interesting, if correct. I certainly hope it all works out. RE: Mayfair Hotel - Spokes - 12-10-2014 I wonder if multiple restaurants are still planned Based on the office market for brick and beam buildings, I'm not entirely surprised. RE: Mayfair Hotel - panamaniac - 12-10-2014 The website says nothing about the basement, so perhaps the idea of a lounge down there is still in the plan. |