With the delivery of our first framing package at the rowhouse site, we are officially on the cusp of getting out of the ground and building upwards. Certain project milestones can actually feel like you've arrived at the finish line, which is funny in a strange way, for a multi family site where you've yet to hammer on the first stick of lumber.
The site was purchased with the first contract signed May 14 2016, so that is a full 19 months up to this point where we can build the structure. Much of the delay was in land use re-designation, and difficult permitting of the DP and parts of the BP. Getting the construction documents in place also led to more challenges on site, particularly with respect to the storm water management and foundation designs. I'm attempting to avoid calculating what the holding cost has been on the property for the last 19 months in terms of taxes, fees, utilities, rental, financing, capital cost, builder sanity, etc.
The positive news is I've made arrangements with my current favourite framing crew to put the building up. They are just completing a unique job at an architect designed detached property overlooking the saddledome at the top of Ramsay. Hopefully the full crew can come back to Killarney right away and tackle the threeplex. We are quickly approaching the Christmas seasonal shutdown so I have ordered a bunch of material including the roof trusses. Ideally we can use this unseasonably good weather to get the structure up.
Part of the first delivery. The site has good access and room to store material at the front, back, and maybe even the side. Still some backfill left to do in the tight south sideyard, but we are ready to start the frame.