daily menu » rate the banner | guess the city | one on oneforums map | privacy policy | DMCA | news magazine | posting guidelines

Go Back   SkyscraperCity > European Forums > UK & Ireland Architecture Forums > Projects and Construction > Manchester Metro Area

Manchester Metro Area For Manchester, Salford and the surrounding area.



Global Announcement

As a general reminder, please respect others and respect copyrights. Go here to familiarize yourself with our posting policy.


Reply

 
Thread Tools
Old May 28th, 2008, 04:23 PM   #3401
FLD2
Registered User
 
Join Date: Apr 2008
Posts: 265
Likes (Received): 0

Quote:
Originally Posted by skyhigh247 View Post
Are you a moderator now Chogmook?
He ought to be, he's pretty good!
FLD2 no está en línea   Reply With Quote

Sponsored Links
Old May 28th, 2008, 04:24 PM   #3402
Biosonic
Second Citizen
 
Biosonic's Avatar
 
Join Date: Jun 2005
Location: Birmingham
Posts: 14,973
Likes (Received): 287

FLD - take the polite hint. Officially this is u/c as there is piling going on and this thread is for progress and discussion on that.

Any new reports on the fate of Piccadilly will no doubt be discussed here but other buildings shouldn't be and I apologise for my part in prolonging the debate.

Now, pics please?
__________________
Birmingham.Brilliance
Biosonic no está en línea   Reply With Quote
Old May 28th, 2008, 04:26 PM   #3403
FLD2
Registered User
 
Join Date: Apr 2008
Posts: 265
Likes (Received): 0

Quote:
Originally Posted by andysimo123 View Post
It will not surprise me if alot of people have already contacted the developer and put there names down.
Then they must have more money than sense. Who in their right mind would make a £250,000 investment on one property, only to have £50,000 wiped off the market value even before a spade has been put in the ground! Would you?
FLD2 no está en línea   Reply With Quote
Old May 28th, 2008, 04:30 PM   #3404
FLD2
Registered User
 
Join Date: Apr 2008
Posts: 265
Likes (Received): 0

Quote:
Originally Posted by Biosonic View Post
FLD - take the polite hint. Officially this is u/c as there is piling going on and this thread is for progress and discussion on that.

Any new reports on the fate of Piccadilly will no doubt be discussed here but other buildings shouldn't be and I apologise for my part in prolonging the debate.

Now, pics please?
I'm just closing off discussions in flow & "politely" answering when I am written to, Bio - I am active in the other thread if Andyismo wants to join me ...... and yes, you have prolonged it!

(PS ... are you taking the proverbial, when asking for "pics"?!)
FLD2 no está en línea   Reply With Quote
Old May 28th, 2008, 04:31 PM   #3405
skyhigh247
Registered User
 
Join Date: Sep 2006
Location: Manchester
Posts: 968
Likes (Received): 0

Quote:
Originally Posted by FLD2 View Post
He ought to be, he's pretty good!
Yes i agree, he would be. His posts are very informative and consistent too.

It's like i said in an earlier post, rather than go over all the probabilities, just accept it is being built and monitor the progress. Unless Ballymore make an announcement to the contrary, then it's all systems go.
skyhigh247 no está en línea   Reply With Quote
Old May 28th, 2008, 04:33 PM   #3406
andysimo123
wind-up merchant
 
andysimo123's Avatar
 
Join Date: Jul 2004
Posts: 15,958
Likes (Received): 65

Quote:
Originally Posted by FLD2 View Post
Then they must have more money than sense. Who in their right mind would make a £250,000 investment on one property, only to have £50,000 wiped off the market value even before a spade has been put in the ground! Would you?
Can you predict the future or something? 20% is large amount to lose in 6 months. To me the market will level out, it won't go in nutter mode like some parts of the USA. Btw its only some parts of the US that has happened due to some stupid loans that certain neighbour hoods (as the Americans call them) have got.
andysimo123 no está en línea   Reply With Quote
Old May 28th, 2008, 04:38 PM   #3407
FLD2
Registered User
 
Join Date: Apr 2008
Posts: 265
Likes (Received): 0

Quote:
Originally Posted by skyhigh247 View Post
Yes i agree, he would be. His posts are very informative and consistent too.

It's like i said in an earlier post, rather than go over all the probabilities, just accept it is being built and monitor the progress. Unless Ballymore make an announcement to the contrary, then it's all systems go.
It would be great to get some positive news on this, for Manchester & other regional cities too. I'd better go now, else old Choggers will be back with a big stick!!
FLD2 no está en línea   Reply With Quote
Old May 28th, 2008, 04:40 PM   #3408
leeds_lad
substance
 
leeds_lad's Avatar
 
Join Date: Jun 2004
Location: Leeds
Posts: 49
Likes (Received): 0

Is it true that this scheme is under threat?
__________________
Greetings from Leedsundefined
leeds_lad no está en línea   Reply With Quote
Old May 28th, 2008, 04:50 PM   #3409
skyhigh247
Registered User
 
Join Date: Sep 2006
Location: Manchester
Posts: 968
Likes (Received): 0

Quote:
Originally Posted by FLD2 View Post
It would be great to get some positive news on this, for Manchester & other regional cities too. I'd better go now, else old Choggers will be back with a big stick!!
There aren't any guarantees that the tower will be built and we all know the dangers with the economic outlook, but we have to go off what we do know for sure at the present time. Work 'is' progressing and Ballymore have not made any announcement of postponing or cancelling the development and so it is all systems go until that changes.

The same can be said of other similar schemes i guess.
skyhigh247 no está en línea   Reply With Quote
Old May 28th, 2008, 06:20 PM   #3410
terryfied
^ Xbox GT: ^
 
terryfied's Avatar
 
Join Date: Oct 2005
Location: Manchester
Posts: 2,380
Likes (Received): 66

Quote:
Originally Posted by Chogmook View Post
Trust me, this won't get cancelled.

Anyhoo, cheers for using right said thread!
__________________
What's the good of living in the past? Look around you, things are changin' fast
Don't concern yourself with what's ahead It's too late to live when you are dead
terryfied no está en línea   Reply With Quote
Old May 28th, 2008, 06:21 PM   #3411
MacAndrews
Registered User
 
MacAndrews's Avatar
 
Join Date: Apr 2008
Posts: 238
Likes (Received): 0

Quote:
Originally Posted by leeds_lad View Post
Is it true that this scheme is under threat?
No.
MacAndrews no está en línea   Reply With Quote
Old May 28th, 2008, 06:33 PM   #3412
Comdot
Taikun
 
Comdot's Avatar
 
Join Date: Jun 2007
Location: Manchester
Posts: 10,117
Likes (Received): 27

Quote:
Originally Posted by Rob View Post
The £5m is based on the newly inflated building costs, but with the original number of apartments, so is a worst case (unless costs rise further). That is why they've increased the number of apartments in the scheme, particularly one bedrooms which seem to sell better.

The cost of material has been rising steadily for a couple of years now, so there shouldn't be any real surprises, although if these massive projects were priced up some time ago, they will need to be revised from time to time, and that may be what has caused a recent change with the cost of Lumiere. Piccadilly Tower should presumably be in a similar situation, and although margins are tight, there shouldn't be any reason to panic at the moment. As work is continuing on both tower projects at the moment, that backs up this view.
thanks, that makes more sense.

"The changes would increase the total number of flats from 838 to 952." - should make a big difference to the return.
Comdot no está en línea   Reply With Quote
Old May 28th, 2008, 07:09 PM   #3413
thecityofgold
Registered User
 
Join Date: Oct 2005
Posts: 1,749
Likes (Received): 248

Quote:
That's wrong through. Anyone who really thinks about the housing market should know falling prices should not affect builds.
Well, I've thought about it some more and I still disagree. Falling prices will directly affect the building of residential towers. Less revenue for the developer, less profit (or indeed bigger loss), more risk. This is why falling prices, and uncertainty about the extent of the falls, will make building residential towers a prohibitively risky venture. That is even if finance could be raised, which at the moment is very questionable.

Am going to stop posting this negative stuff now. Will disappear for a few months till we have some news.
thecityofgold no está en línea   Reply With Quote
Old May 28th, 2008, 07:16 PM   #3414
rolybling
Less is more.
 
rolybling's Avatar
 
Join Date: Mar 2005
Location: Manchester
Posts: 5,338
Likes (Received): 530

but this tower was "forward funded" as they say, so it would seem there is no big financial risk with Piccadilly, look back on this thread all the info's there, it was forward funded so in theory it should be built no matter what.
__________________
The more people I meet the more I become a cat person.
rolybling no está en línea   Reply With Quote
Old May 28th, 2008, 07:20 PM   #3415
Comdot
Taikun
 
Comdot's Avatar
 
Join Date: Jun 2007
Location: Manchester
Posts: 10,117
Likes (Received): 27

Quote:
Originally Posted by thecityofgold View Post
Well, I've thought about it some more and I still disagree. Falling prices will directly affect the building of residential towers. Less revenue for the developer, less profit (or indeed bigger loss), more risk. This is why falling prices, and uncertainty about the extent of the falls, will make building residential towers a prohibitively risky venture. That is even if finance could be raised, which at the moment is very questionable.

Am going to stop posting this negative stuff now. Will disappear for a few months till we have some news.
no need to disappear, just post in here if it's about the property market as opposed to piccadilly tower- http://www.skyscrapercity.com/showth...6#post21179316
i think people are just thinking they will have to read all about people's views of the property market just to find out the occasional snippet of news on piccadilly tower and i have just read a couple of pages in this very thread and read nothing about piccadilly tower, that's all. a lot of forumers try to keep up with dozens of threads a day so it's good to keep a structure going. just my thoughts.
Comdot no está en línea   Reply With Quote
Old May 28th, 2008, 07:57 PM   #3416
crazymanc1
Registered User
 
crazymanc1's Avatar
 
Join Date: Jun 2007
Location: Manchester
Posts: 306
Likes (Received): 1

Is FLD2 the same troll as 'FLD the troll' that vanished from these forums a while back?

Last edited by crazymanc1; May 28th, 2008 at 07:58 PM. Reason: spelling
crazymanc1 no está en línea   Reply With Quote
Old May 28th, 2008, 08:19 PM   #3417
andysimo123
wind-up merchant
 
andysimo123's Avatar
 
Join Date: Jul 2004
Posts: 15,958
Likes (Received): 65

andysimo123 no está en línea   Reply With Quote
Old May 28th, 2008, 09:09 PM   #3418
Comdot
Taikun
 
Comdot's Avatar
 
Join Date: Jun 2007
Location: Manchester
Posts: 10,117
Likes (Received): 27

?
Comdot no está en línea   Reply With Quote
Old May 28th, 2008, 09:11 PM   #3419
andysimo123
wind-up merchant
 
andysimo123's Avatar
 
Join Date: Jul 2004
Posts: 15,958
Likes (Received): 65

Mines better yours just looks weird.
andysimo123 no está en línea   Reply With Quote
Old May 28th, 2008, 09:15 PM   #3420
Comdot
Taikun
 
Comdot's Avatar
 
Join Date: Jun 2007
Location: Manchester
Posts: 10,117
Likes (Received): 27

Comdot no está en línea   Reply With Quote


Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Related topics on SkyscraperCity


All times are GMT +2. The time now is 04:59 PM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.
Feedback Buttons provided by Advanced Post Thanks / Like (Pro) - vBulletin Mods & Addons Copyright © 2016 DragonByte Technologies Ltd.

vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2016 DragonByte Technologies Ltd.

SkyscraperCity ☆ In Urbanity We trust ☆ about us | privacy policy | DMCA policy

Hosted by Blacksun, dedicated to this site too!
Forum server management by DaiTengu