Quote:
Originally Posted by jaysfan99
This is a fairly new building, and I wish it could be turned into some office space, but I don't think that likely. The biggest reason is cost. Because of the way this building is contructed, it can only be used as a theatre. I think that the buyers will have to take it down, and start over.
|
i wouldnt have thought it would be that likely to convert to office space either, but that is exactly what is happeneing. the theatre has been bought by a developer from regina who is planning to convert to office space. on a per sq ft basis it works out to approx 63 bucks. ALOT of money for something that is gonna require a top to bottom redo. however, the building, because of its height can be broken up into 4 floors. thats right at 9 feet per floor it can work. i guess the escalator is old and not in great shape and at 4 floors the existing elevator would only reach the 3rd floor of potentially 4. there was no word from the listing agent that this was the plan, but it would make some sense especially with the gutting that is gonna have to happen anyway. yayy more office space!