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I am getting quite impatient for the 16th to come. Do we know of any other projects rumoured? When is the Regina International airport expansion going to be announced?
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I'll find out more within the near future. |
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Brandt Place
What is the status of the 16 Floor Office Buliding on Rose Street? Is this still happening?
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No. It's dead, dead, dead.
It was 100% contingent on SGI, which was cancelled. The only possibility is that SGI might try for funding after the election, but the current economic climate makes it unlikely. |
Thanks for the clarification. Are there any new skyscrapers/ major projects that you foresee Happening in the next couple of years in downtown Regina ?
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None whatsoever. Vacancy is very high and there are no new large tenants moving or expanding. Brandt is all talk.
Until there is a sizable tenant again nothing will happen. It is important to remember that before the recent boom there was around 15 years of virtually no office market activity in Regina. |
Well there is the Namerind mixed-use, twin tower proposal at Lorne and 11th, but it is primarily low income housing.
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^Agreed. I'm really surprised the one on Parliament/Albert is starting up again.
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During the winter of '06-07, the SGI building, at that time, already required $75-million-worth of renos. Eventually, that'll need to be addressed.
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