Development Update | 1932 by Bateman

Hello Strathcona Community.

I would like to update you on the progress of our development on 99 Street.

You may have noticed that we fenced the site last week and are getting ready to begin the de-construction process. We will be starting abatement inside the building this week. Because of the age of the building we have to manually remove any asbestos-containing materials; this will take a few weeks to complete.

Our next step is to de-construct the building. We hope to start this in the first two weeks of June and it will take about two weeks to complete. We will be hoarding off 99 Street and 89 Avenue sidewalks while this is underway. We will be filling in the hole and the site will be flat until we begin construction next year.

We will be opening our sales center at Ritchie Mill on Saskatchewan Drive on June 16th, however, there will be no walk in traffic allowed and sales/viewing can only be done by appointment only for the first few weeks of our opening. This is to have a soft opening and allow our sales team to get familiar with our offering and give clients a one-on-one experience. We are selling people their future home with many details and want a smooth and comfortable purchase process. Appointments will be able to be booked starting early next week. Please register on the website and the sales team will contact you directly to set up a meeting time and date.

The website address is www.1932bybateman.com.

When I started the process to redevelop the site back in August of 2015, I had no idea it would take this long. There are many factors when doing a development of this magnitude and I am sure you can appreciate what goes into something of this nature. Our entire team is working diligently to bring an awesome project to this community and are moving as fast as we can. Our next hurdle is getting enough pre-sales to make this project a reality. Bank financing is dependant on pre-sales and we will work hard to get under construction as soon as possible. Our goal is to be under construction some time in 2020.

We are still contemplating opening the retail portion of the building before we complete the condominiums and will keep you posted on this as well we will inform you when we firm up the tenants that will be operating businesses in the main floor retail.

Thank you for your patience and understanding and I look forward to seeing you at the sales center or a 1932bybateman event!

Yours truly,

Mike Bateman