Regina | 1855 Rose Street | 74M | 16F | On-Hold

[kenskca]

Originally Posted by Stormer

I am not aware of any structural issues. I expect there are business reasons. Rumour has it they have been doing preliminary tire kicking.

No structural concerns that I have heard of.

The building is 35 years old though (built in early 80's) and some components (plumbing, electrical, curtain wall etc.) are probably nearing end of life and require major work to extend the life of the building. If you are doing work on one you might as well do everything while things are opened up.

I can't see multiple crowns building new at the same time though. I don't think Regina could handle that much additional vacant office space at the same time, and the optics to the government wouldn't be ideal.

SGI needs a new building which makes me think SaskTel and SaskPower would be renos if necessary.

[Nathan]

^IIRC, Saskpower was doing exploratory work on a Reno a while ago; I thought there was some news coverage about it. Regardless, it's a gem of a building, so I can't see them leaving it behind.

[Stormer]

Originally Posted by kenskca

No structural concerns that I have heard of.

The building is 35 years old though (built in early 80's) and some components (plumbing, electrical, curtain wall etc.) are probably nearing end of life and require major work to extend the life of the building. If you are doing work on one you might as well do everything while things are opened up.

I can't see multiple crowns building new at the same time though. I don't think Regina could handle that much additional vacant office space at the same time, and the optics to the government wouldn't be ideal.

SGI needs a new building which makes me think SaskTel and SaskPower would be renos if necessary.

Here's a possibility: Developer builds a new building for SaskTel and buys the SaskTel building. The SaskTel building is renovated to suit SGI. SGI leases the building and the developer buys the SGI building. The SGI building is fully rehabbed and re-clad. SaskPower leases the SGI building for its head office and also moves operations people to its new warehouse complex, wherever that ends up. The SaskPower building is converted to condos or a hotel.

Think Big

[Treesplease]

Originally Posted by Stormer

I think he is using "banking" in a broad sense.

How much broader can it go? sperm bank? blood bank?

[Stormer]

Originally Posted by Treesplease

How much broader can it go? sperm bank? blood bank?

Financial sector

[one_brick_at_a_time]

Originally Posted by Stormer

Here's a possibility: Developer builds a new building for SaskTel and buys the SaskTel building. The SaskTel building is renovated to suit SGI. SGI leases the building and the developer buys the SGI building. The SGI building is fully rehabbed and re-clad. SaskPower leases the SGI building for its head office and also moves operations people to its new warehouse complex, wherever that ends up. The SaskPower building is converted to condos or a hotel.

Think Big

Love it! I have also always thought the SaskPower building would be an amazing hotel. It already looks like it would be!

[SkydivePilot]

Originally Posted by one_brick_at_a_time

Love it! I have also always thought the SaskPower building would be an amazing hotel. It already looks like it would be!

Actually, a few years ago, the SaskPower building was used as a set and depicted as a Las Vegas hotel in a Christian Slater movie. Don't remember which movie it was, but the film producers made the SaskPower building look good!

[Stormer]

Originally Posted by SkydivePilot

Actually, a few years ago, the SaskPower building was used as a set and depicted as a Las Vegas hotel in a Christian Slater movie. Don't remember which movie it was, but the film producers made the SaskPower building look good!

Dolan's Cadillac

[SkydivePilot]

Originally Posted by Stormer

Dolan's Cadillac

Boy, that was fast!!! Thank you!!!

[BrutallyDishonest2]

Originally Posted by Stormer

Here's a possibility: Developer builds a new building for SaskTel and buys the SaskTel building. The SaskTel building is renovated to suit SGI. SGI leases the building and the developer buys the SGI building. The SGI building is fully rehabbed and re-clad. SaskPower leases the SGI building for its head office and also moves operations people to its new warehouse complex, wherever that ends up. The SaskPower building is converted to condos or a hotel.

Think Big

I'll think realistic.

SGI puts out RFP for new building and purchasing their old tower. No developers want 200,000 SF of empty office. Nothing happens.

SaskPower rents some of the plentiful office space as swing space while it renovates it's main building.

SaskTel renovates slowly, as they have been downsizing anyway.

[thefourthtower]

its coming to a street near you

[Festivus]

Originally Posted by thefourthtower

its coming to a street near you

I hope not, because I don't think Parliament Ave can support an office tower for SGI, lol.

[HomerSPC]

Originally Posted by Festivus

I hope not, because I don't think Parliament Ave can support an office tower for SGI, lol.

They can bulldoze acres around it and give the workers all the parking they want.

[Treesplease]

Originally Posted by Festivus

I hope not, because I don't think Parliament Ave can support an office tower for SGI, lol.

Build it on parliament avenue and implement the new "parking maximums" - there's lots of street parking in the area, no?

[one_brick_at_a_time]

Originally Posted by Stormer

Could a hotel possibly be incorporated into this development? A mix of ground floor retail, hotel and office space. At least then the hotel could take up a chunk of the space. I also wish this city block redevelopment could also have a new Cineplex Theatre built on it, maybe wrapping around the 1855 Rose Street tower in an L-shape.

[HomerSPC]

Originally Posted by one_brick_at_a_time

Could a hotel possibly be incorporated into this development? A mix of ground floor retail, hotel and office space. At least then the hotel could take up a chunk of the space. I also wish this city block redevelopment could also have a new Cineplex Theatre built on it, maybe wrapping around the 1855 Rose Street tower in an L-shape.

I want us to finally get a high end Scotiabank Theatre like Saskatoon.

[Nathan]

Originally Posted by HomerSPC

I want us to finally get a high end Scotiabank Theatre like Saskatoon.

My preferred locations would be right on Vic between Hamilton or as part of the now dead library redevelopment.

Having it on Broad could liven up that section of downtown though.

All pie-in-the-sky dreaming of course.

[W.W. La Chance]

Originally Posted by Nathan

My preferred locations would be right on Vic between Hamilton or as part of the now dead library redevelopment.

Having it on Broad could liven up that section of downtown though.

All pue-in-the-sky dreaming of course.

My only dream would be that it be included into another project to hopefully deter something that looks like Saskatoon's, and maybe come out more like Vancouver or Montreal's.

[SkydivePilot]

The west-facing side of this building resembles the front end/grill of a later model Rolls Royce.

[Stormer]

Originally Posted by SkydivePilot

The west-facing side of this building resembles the front end/grill of a later model Rolls Royce.

You used to have one right: