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  #1321  
Old Posted Apr 18, 2024, 8:32 PM
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Originally Posted by wags_in_the_peg View Post
for some reason I thought the buildings were all being demo, but I'm wrong, existing is staying / redeveloped on west wing and residential tower being added.
Well they're opening up Edmonton street to be open air. Looks like shoppers may have access directly from this new open air street. I assume they're demolishing east of Edmonton? Maybe?
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  #1322  
Old Posted Apr 19, 2024, 3:29 AM
rdaner rdaner is offline
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Great. Is the Prarie Exchange going to be a new theatre? Do they currently have a home?
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  #1323  
Old Posted Apr 19, 2024, 6:27 AM
BAKGUY BAKGUY is offline
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Great. Is the Prarie Exchange going to be a new theatre? Do they currently have a home?
Guessing you live out of province.
They (PTE) have called Portage Place home on the 3rd floor for decades? Since 1989.
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  #1324  
Old Posted Apr 19, 2024, 2:31 PM
EdwardTH EdwardTH is offline
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Originally Posted by cheswick View Post
Well they're opening up Edmonton street to be open air. Looks like shoppers may have access directly from this new open air street. I assume they're demolishing east of Edmonton? Maybe?
I thought the foundation was built to support a tower on the east end so I assume they would at least use the pad but I dunno
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  #1325  
Old Posted Apr 19, 2024, 2:36 PM
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I didn't think the plan was to demo the existing pad at the east end. Just build on top. I assume most of the spaces throughout the mall will be completely gutted to the bare structure.
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  #1326  
Old Posted Apr 19, 2024, 2:38 PM
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The health care tower (east) and the apartment tower (west) are both using pre-existing foundations from the original build.
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  #1327  
Old Posted Apr 19, 2024, 3:19 PM
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There will be significant demolition to the east side envelope and some structure but they will be reusing the foundation pad.
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  #1328  
Old Posted Apr 20, 2024, 3:11 AM
cllew cllew is offline
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I have heard that in the parking level there is a big BellMTS space that is used for fiber distribution for the downtown area.
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  #1329  
Old Posted Apr 20, 2024, 5:58 AM
BAKGUY BAKGUY is offline
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Thanks to cheswick for posting the initial design layout.
I feel it gives us a good idea of how condensed the retail offering might be and likely successful by keeping to a minimal amount.
SO likely between services, retail, medical offices, community etc, food services/cafes etc, less than 30.
I am wondering if the skywalks will have retail once again or just narrowed down the bare minimum.
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  #1330  
Old Posted Apr 20, 2024, 2:07 PM
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Originally Posted by BAKGUY View Post
I am wondering if the skywalks will have retail once again or just narrowed down the bare minimum.
Could that depend on who owns the skywalks? From a CBC news article posted April 5 2024:

"Ludlow also announced that True North will sell the walkway connecting Portage Place to the former Bay building to SCO for $1."

I guess True North will still own the east skywalk?
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  #1331  
Old Posted Apr 20, 2024, 5:42 PM
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Originally Posted by pspeid View Post
Could that depend on who owns the skywalks? From a CBC news article posted April 5 2024:

"Ludlow also announced that True North will sell the walkway connecting Portage Place to the former Bay building to SCO for $1."

I guess True North will still own the east skywalk?
That was how I interpreted it as well.
I imagine both could have some retail with the one connecting to The former Bay building perhaps have more indigenous themed articles for sale.
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  #1332  
Old Posted Apr 25, 2024, 2:22 AM
bon_vivant bon_vivant is offline
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I'm hoping the skywalks will be re-skinned with just glass so they look cleaner and lighter. The retail should be minimal, just a few small kiosks along the center and maybe some seating. The current design seemed flawed from day one. Those built-in retail spaces are surrounded by glass and offer little space for tenants to neatly store supplies and equipment out of sight. I suppose the architects envisioned things like fancy dresses and other pretty things being displayed in the outer windows, but in reality, it was cardboard boxes, cables and wires, and bent blinds pressed up against the glass. It just looked cluttered and low-rent to me. I always felt the skywalk's design was heavy handed, and that ersatz post-modern facade was destined to look outdated in no time. I mean... look at it now. Yuck.

Aside from that nitpicking, I'm really excited about this project. I'm sure it will much better serve the needs of downtown.
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  #1333  
Old Posted Aug 13, 2024, 9:20 PM
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Refresh my memory, what is the new deadline for due diligence/final decision so this thing can actually start moving?
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  #1334  
Old Posted Aug 13, 2024, 9:35 PM
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Refresh my memory, what is the new deadline for due diligence/final decision so this thing can actually start moving?
I think they asked for another 30 days, is all.
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  #1335  
Old Posted Aug 14, 2024, 12:59 PM
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  #1336  
Old Posted Aug 14, 2024, 1:11 PM
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It would be a huge let down at this point for the project to be cancelled. Based on TNSE running this, I would say very low chance of that happening. They only have the richest person in Canada in their back pocket.
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  #1337  
Old Posted Aug 14, 2024, 2:35 PM
Kris22 Kris22 is offline
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It would be a huge let down at this point for the project to be cancelled. Based on TNSE running this, I would say very low chance of that happening. They only have the richest person in Canada in their back pocket.
Ya I’m a little nervous waiting for the final word on this. I’ve talked about this project with many family/friends and everyone was so happy to hear that portage ave would be getting such a big renewal project.
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  #1338  
Old Posted Aug 14, 2024, 2:46 PM
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Ya I’m a little nervous waiting for the final word on this. I’ve talked about this project with many family/friends and everyone was so happy to hear that portage ave would be getting such a big renewal project.
Luckily interest rates are trending down from the time of the original announcement. Let's hope that keeps it viable.
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  #1339  
Old Posted Aug 14, 2024, 4:57 PM
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It is a very expensive project and I have heard that all of the social aspects of the development are making it challenging financially. True North is probably the best development company in the Province but lets not forget, they are in this to make a profit, no matter how small.

These are the same reasons the Marketlands project took so long to finally get into the ground. The energy efficiency model, the public space on the front of the property and the affordable rent portions were challenging to overcome.
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  #1340  
Old Posted Aug 14, 2024, 5:13 PM
FactaNV FactaNV is offline
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It is a very expensive project and I have heard that all of the social aspects of the development are making it challenging financially. True North is probably the best development company in the Province but lets not forget, they are in this to make a profit, no matter how small.

These are the same reasons the Marketlands project took so long to finally get into the ground. The energy efficiency model, the public space on the front of the property and the affordable rent portions were challenging to overcome.
What do you mean by the social aspects?
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