Edmonton Construction 13 (November 2015) - Page 378

Coldrsx · #**7541** Posted **Jun 19, 2017, 4:45 PM**

Taproot event on the 21st - what is your urban planning wish?

https://www.taprootedmonton.ca/events/taproot-live-whats-urban-planning-wish-edmonton/

Coldrsx · #**7542** Posted **Jun 19, 2017, 9:31 PM**

June 27th we will learn more about the plans north of Rogers Place.

Incredibly exciting.

COE Tower 430-830 - Main lobby.

EdmTrekker · #**7543** Posted **Jun 19, 2017, 10:44 PM**

Quote:

Originally Posted by Coldrsx

June 27th we will learn more about the plans north of Rogers Place.

Incredibly exciting.

COE Tower 430-830 - Main lobby.

Just how excited are you on a scale of 10?

CMD UW · #**7544** Posted **Jun 20, 2017, 2:43 AM**

I'm very curious to see what they have planned. I know that there is a lot of work happening behind the scenes.

Urban recluse · #**7545** Posted **Jun 20, 2017, 3:23 AM**

Interesting.

Coldrsx · #**7546** Posted **Jun 20, 2017, 4:13 AM**

Quote:

Originally Posted by edmtrekker

just how excited are you on a scale of 10?

11

Coldrsx · #**7547** Posted **Jun 20, 2017, 4:22 AM**

https://twitter.com/IanOyeg

B.ike · #**7548** Posted **Jun 20, 2017, 5:59 AM**

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Coldrsx · #**7549** Posted **Jun 20, 2017, 2:03 PM**

So many great components of a city about to come on stream.

Coldrsx · #**7550** Posted **Jun 20, 2017, 2:23 PM**

Interesting:

http://calgaryherald.com/news/local-news...n-fund-to-revitalize-empty-downtown-core

Kevin_foster · #**7551** Posted **Jun 20, 2017, 2:57 PM**

Their vacancy rate is expected to rise to 27%?
What will ours be when all towers online?

s211 · #**7552** Posted **Jun 20, 2017, 3:19 PM**

Quote:

Originally Posted by CMD UW

I'm very curious to see what they have planned. I know that there is a lot of work happening behind the scenes.

It would be fun to pull out the old Downtown North plan from the late 70s / very early 80s to compare. It would be very apples and oranges.

Coldrsx · #**7553** Posted **Jun 20, 2017, 4:13 PM**

Quote:

Originally Posted by Kevin_foster

Their vacancy rate is expected to rise to 27%?
What will ours be when all towers online?

I am hearing 30%... and 11-13mil sqft or about the same as all of Downtown Vancouver or more than Downtown Edmonton.

People are expecting 20-21%. We have a report/strategy going to Council in a couple of weeks that EEDC with BOMA et al. to review some options.

canucklehead2 · #**7554** Posted **Jun 20, 2017, 6:10 PM**

I'm guessing the longer-term plan for most developers is to either upgrade to AAA status or convert smaller, older un-renovated buildings for reuse to residential which Calgary could use a good injection of live in the core itself...

240glt · #**7555** Posted **Jun 20, 2017, 6:30 PM**

^ it's tough to upgrade a building to a higher class without significant improvements in ammenities, elevators, lobbies, washrooms, HVAC services and sevice levels. A lot of those older class A buildings will either need major retrofits or a different business plan to remain viable. I don't think residential conversion makes sense in most cases for those types of buildings, it's generally only really a viable option for buildings that have literally become unsuited for office space anymore, which are only a small portion of the empty space available. If Calgary can diverisfy a bit, they need to get tenants who don't have the deep pockets that the oil companies do (had) to look at space in those buildings

EdmTrekker · #**7556** Posted **Jun 20, 2017, 9:10 PM**

Cenovus in YYC is going to be toast - expect a sell off soon and more empty floors in the Bow as whats left of the Canadian oil industry continues to consolidate. No more fancy digs and cut throat streamlining of operations - shareholders have had it with fat cat operations. Todays news on Cenovus makes this crystal clear.

s211 · #**7557** Posted **Jun 20, 2017, 9:19 PM**

Quote:

Originally Posted by EdmTrekker

Cenovus in YYC is going to be toast - expect a sell off soon and more empty floors in the Bow as whats left of the Canadian oil industry continues to consolidate. No more fancy digs and cut throat streamlining of operations - shareholders have had it with fat cat operations. Todays news on Cenovus makes this crystal clear.

Keeping in mind that so-called fat cat operations were deemed necessary back in the day to retain and attract staff.

B.ike · #**7558** Posted **Jun 20, 2017, 9:34 PM**

Quote:

SKY Residences at ICE District is the ultimate in condominium living from the tallest address in Western Canada.

Situated on floors 30 through 66 atop Stantec Tower, SKY Residences at ICE District offers forever views in all directions.

Enjoy access to privileged amenities including 24/7 concierge, a business centre, indoor and outdoor lounge areas, a catering kitchen ideal for entertaining, a fitness centre with adjacent yoga studio, an enclosed dog run, secure bicycle storage, and a stunning 11,000 sq. ft. rooftop terrace complete with an oversized hot tub, plentiful lounge seating, and barbecue areas.

http://icedistrict.com/skycondos/

Well...if i were buying, Id be more tempted in this than the Marriott just for that rooftop terrace...

MalcolmTucker · #**7559** Posted **Jun 20, 2017, 9:50 PM**

Quote:

Originally Posted by B.ike

http://icedistrict.com/skycondos/

Well...if i were buying, Id be more tempted in this than the Marriott just for that rooftop terrace...

On top of the stantec section though. Still nice, but not the very top.

mcc16 · #**7560** Posted **Jun 20, 2017, 9:58 PM**

I wonder if it was always the secret intention for these to be condo... Pretty smart. Say that it's rental while marketing jw so that people think JW is their only/quickest chance to buy in the ice district. Then once enough people are locked in at JW... Surprise surprise condos. Rental never made sense there...