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  #6961  
Old Posted Mar 27, 2018, 1:18 PM
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^It absolutely does.
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  #6962  
Old Posted Mar 27, 2018, 1:21 PM
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Looks no different than Halifax. All the buildings look stubby.

Best view is from Saskatchewan.
     
     
  #6963  
Old Posted Mar 27, 2018, 1:28 PM
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^It absolutely does.
You also think the Icon towers are beautiful 😂
     
     
  #6964  
Old Posted Mar 27, 2018, 1:36 PM
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  #6965  
Old Posted Mar 27, 2018, 1:42 PM
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Double post
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Last edited by TorontoDrew; Apr 3, 2018 at 4:35 AM.
     
     
  #6966  
Old Posted Mar 27, 2018, 6:24 PM
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Sure.
     
     
  #6967  
Old Posted Mar 27, 2018, 6:45 PM
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You also think the Icon towers are beautiful 😂
1 side is.
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  #6968  
Old Posted Mar 27, 2018, 8:37 PM
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  #6969  
Old Posted Mar 27, 2018, 9:12 PM
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This is a great shot. Are they having trouble leasing out the office space?

[IMG]Calgary from Calgary Tower by Florian Rieger, on Flickr[/IMG]
To give you some idea, I was doing calls DT a couple weeks ago and found virtually entire buildings that were vacant except for 1 or 2 floors. Got to see some great views of DT from empty offices. One of the weirder things I saw was an entire floor in the taller Suncor tower (righhand side of picture) with nothing but a photocopier graveyard in it.
     
     
  #6970  
Old Posted Mar 27, 2018, 9:13 PM
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Edmonton is starting to look like serious business.
It may be business in the front but it will always be party in the back!
     
     
  #6971  
Old Posted Mar 27, 2018, 9:26 PM
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Last edited by TorontoDrew; Apr 3, 2018 at 4:36 AM.
     
     
  #6972  
Old Posted Mar 27, 2018, 10:49 PM
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Thanks for the info. Empty office floors are great for people like us. Also thanks for the response with out being condescending like some.
I don't think people outside Alberta realize how bad it is. This recession has been worse than the one triggered by the NEP in the 80's.
     
     
  #6973  
Old Posted Mar 28, 2018, 4:29 AM
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I don't think people outside Alberta realize how bad it is. This recession has been worse than the one triggered by the NEP in the 80's.
Just depends on the industry one is in, residential construction is still crazy.
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  #6974  
Old Posted Mar 28, 2018, 4:34 AM
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Just depends on the industry one is in, residential construction is still crazy.
I’m not in O&G. The trickle down effect has been significant.
     
     
  #6975  
Old Posted Mar 28, 2018, 1:57 PM
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  #6976  
Old Posted Mar 28, 2018, 2:02 PM
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I don't think people outside Alberta realize how bad it is. This recession has been worse than the one triggered by the NEP in the 80's.
It certainly is worrisome, but not quite the situation of the NEP.
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  #6977  
Old Posted Mar 28, 2018, 2:25 PM
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It certainly is worrisome, but not quite the situation of the NEP.
I thought I heard by the numbers involved it is bigger.
     
     
  #6978  
Old Posted Mar 28, 2018, 2:41 PM
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Most I've spoken too unanimously say the NEP was much worse. The current situation is progressive. It'll only get worse the longer it continues however, I think it's safe to say it has bottomed out based on the economic outlook. Albertan workers are still overvalued in this new reality so that adjustment will continue.
     
     
  #6979  
Old Posted Mar 28, 2018, 3:11 PM
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Most I've spoken too unanimously say the NEP was much worse. The current situation is progressive. It'll only get worse the longer it continues however, I think it's safe to say it has bottomed out based on the economic outlook. Albertan workers are still overvalued in this new reality so that adjustment will continue.

Correct......


The one big factor that's missing this time around are massive interest rates.
     
     
  #6980  
Old Posted Mar 28, 2018, 4:05 PM
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Not to mention that we are in recovery and the economy is rebounding. That said, Calgary is going to need to reinvent itself to fill a lot of that space. #opportunity.
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