Deloitte Summit (410 W. Georgia St) | 92m | 23Fl |Completed

[jollyburger]

Any predictions on when Spaces will implode?

[s211]

Originally Posted by jollyburger

Any predictions on when Spaces will implode?

The first notable economic downturn. Packaged offices, no matter how branded or kitted out, have a very poor history of making it through a downturn unscathed. I'm very surprised to see Spaces go into a new-build. I know of a number of institutional landlords that won't touch groups like this, after being burned more than once.

[LeftCoaster]

Originally Posted by officedweller

Does Deloitte have naming rights for the tower?
Sounds like "Spaces" has a few thousand sq ft more than Deloitte.

Deloitte got signage and likely naming. They took the anchor position and top of tower.

Allied/Westbank would never give up naming and signage to a subleaser of offices like Spaces in a new build either.

Originally Posted by s211

The first notable economic downturn. Packaged offices, no matter how branded or kitted out, have a very poor history of making it through a downturn unscathed. I'm very surprised to see Spaces go into a new-build. I know of a number of institutional landlords that won't touch groups like this, after being burned more than once.

Spaces is well funded and has a much better balance sheet than WeWork. No one is recession-proof but Regus/Spaces has a much better chance of surviving one as it stands today.

[s211]

Originally Posted by LeftCoaster

Deloitte got signage and likely naming. They took the anchor position and top of tower.

Allied/Westbank would never give up naming and signage to a subleaser of offices like Spaces in a new build either.



Spaces is well funded and has a much better balance sheet than WeWork. No one is recession-proof but Regus/Spaces has a much better chance of surviving one as it stands today.

Regus is the exact group that some landlords won't work with, having been burned by them before.

[jollyburger]

Originally Posted by LeftCoaster

Deloitte got signage and likely naming. They took the anchor position and top of tower.

Allied/Westbank would never give up naming and signage to a subleaser of offices like Spaces in a new build either.



Spaces is well funded and has a much better balance sheet than WeWork. No one is recession-proof but Regus/Spaces has a much better chance of surviving one as it stands today.

$20 or $40 billion dollar valuations on WeWork? Wow.

[LeftCoaster]

Originally Posted by s211

Regus is the exact group that some landlords won't work with, having been burned by them before.

Sure, I was just speaking to their balance sheet. If there is a downturn in the tech industry WeWork is very exposed, while Regus/Sapces is much more protected.

Can confirm this one is full, and there is a pretty cool tenant to be announced.

[officedweller]

From Westbank twitter Sept 19th:

Not sure if these are old or new - the roof deck one look new.


https://twitter.com/westbankcorp


https://twitter.com/westbankcorp


https://twitter.com/westbankcorp


https://twitter.com/westbankcorp

[misher]

Originally Posted by officedweller

From Westbank twitter Sept 19th:

Not sure if these are old or new - the roof deck one look new.


https://twitter.com/westbankcorp


https://twitter.com/westbankcorp


https://twitter.com/westbankcorp


https://twitter.com/westbankcorp

Anyone else feel sorry for the poor landscapers who got to go over the railing and jump off the roof to trim things? I wonder how there going to keep people below from getting hit.

[WarrenC12]

Originally Posted by misher

Anyone else feel sorry for the poor landscapers who got to go over the railing and jump off the roof to trim things? I wonder how there going to keep people below from getting hit.

Some of this edge-case landscaping is a mess. Our building is replacing some with a nice low maintenance rock garden.

[s211]

Originally Posted by misher

Anyone else feel sorry for the poor landscapers who got to go over the railing and jump off the roof to trim things? I wonder how there going to keep people below from getting hit.

Don't buy the hype. It's Westbank's M.O. to greenwash the heck out of renderings for the sake of blinding the planning department. Or so I'm told from one previously connected with the group.

[dreambrother808]

With or without the greenery it’s a welcome addition to downtown.

[officedweller]

Case in point - the initial installation of the green wall in the Telus Garden alley
was a mere sliver of what was originally proposed.
Then a year later they added more sections to it.

[Jimbo604]

Photo Credit: me

View from the library’s new rooftop area (which opened to the public today).

[officedweller]

Nice one.
VIFF line-up?

[Vanville]

Who says the plants have to be real? Artificial ones are still "green" at least in color.

My pic from Sept.23

[LeftCoaster]

I think they have to be living, and like any landscape plan approved by the city, needs to be maintained in perpetuity. No matter how difficult (ie think of that tree on English bay).

[Vanville]

Originally Posted by LeftCoaster

I think they have to be living

Yup, I was just kidding. There's going to be a lot of Chia pet towers in the future. My pics Oct.7; It's nice having an open space there now, at least when enjoying the view from the VPL's rooftop garden.

[mcminsen]

Oct.20 '18, my pics

[mcminsen]

Oct.22 '18, my pics

[mcminsen]

Oct.25 '18, my pics