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Originally Posted by lbird
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5) Anyone who thinks Cameco will move downtown in the near future should go through the 11th Street detour and see all of their brand new buildings with ample parking and space to expand. With the new south bridge, their campus will be a five-to-ten minute commute from the entire east side. Downtown development should concentrate on hotels, residential and entertainment in my view; it's not worth it for the few big companies that would make a difference to move to the core.
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Cameco has a small presence in the former Bayside building (what do they call it now?). But on the whole, their peripheral location is a reality I have reluctantly accepted. The same is also true of Areva. Areva does not have as many employees as Cameco (maybe half as much), but their offices are scattered throughout the north end, most notably near the airport (for obvious reasons). I suspect the proposed airport business park will lead to further decline of downtown as a significant employment hub. It is rather unfortunate. Roughly estimating, those two firms employ at least 700, maybe 800 employees in the city.
Setting a goal to increase residential, hotel and entertainment development is not a terrible strategy for strengthening the character of downtown. In that sense I believe downtown will take on a functional form similar to Vancouver rather than a Calgary.
It still would be nice to have a greater HQ presence downtown. Thankfully BHP chose downtown over Innovation Place or some horribly isolated suburban business park.