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Originally Posted by esquire
^ Yeah, it looks a bit more squat now. Lopping 20-odd metres off the top will certainly have that effect. Still, it's quite an impressive proposal and not a bad looking project at all.
Is it still likely to go ahead given the dramatic drop in oil prices, though? It seems like something that was a result of three-digit oil price fever...
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It's not like oil prices are going to stay down. Projects keep starting in Calgary despite a small recession in the municipality, same with Edmonton. I doubt this will go through until recovery, but it could still happen after that. It always seemed a bit pie in the sky to me, but with the size reduction it actually seems possible. Fort Mac is typically in need of office, hotel, retail, and medical office space, and this development provides pretty much all of that. To build it now so it's online during the next boom would actually be the smartest decision in my uninformed opinion