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  #101  
Old Posted Feb 16, 2018, 5:15 AM
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Originally Posted by jollyburger View Post
A lesson on how to write gibberish and not write anything meaningful. Do the math.

76,000 square feet demolished
530,000 square feet built
No you misunderstood. He meant that those existing tenants, who are being evicted are now trying to find space in an already tight market
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  #102  
Old Posted Feb 16, 2018, 12:27 PM
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Originally Posted by osirisboy View Post
Great!! Looks like this is the next office tower out of the gate
Good to hear. I might have liked it a little taller, but I think that is very much offset by the cool, sleek design of this building. IMO it'll be an understated, classy addition to, the CBD.
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  #103  
Old Posted Feb 16, 2018, 5:02 PM
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Originally Posted by Alex Mackinnon View Post
If anything it's a demoviction.
It's neither. ALL tenants, and I mean ALL, would have had very clear demolition clauses in their leases that would have been brought to their attention and it was up to the tenants to govern themselves accordingly. This isn't exactly out of the blue.

Trust me, I know how this works. Major institutional landlords are quite upfront about these kinds of things.
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  #104  
Old Posted Feb 16, 2018, 9:10 PM
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Originally Posted by s211 View Post
It's neither. ALL tenants, and I mean ALL, would have had very clear demolition clauses in their leases that would have been brought to their attention and it was up to the tenants to govern themselves accordingly. This isn't exactly out of the blue.

Trust me, I know how this works. Major institutional landlords are quite upfront about these kinds of things.
Woooosh went the pedantic joke.
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  #105  
Old Posted Feb 16, 2018, 9:18 PM
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Quote:
Originally Posted by jollyburger View Post
A lesson on how to write gibberish and not write anything meaningful. Do the math.

76,000 square feet demolished
530,000 square feet built
Sure - but the 530,000 doesn't come online for 3 years.
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  #106  
Old Posted Feb 17, 2018, 4:39 PM
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Originally Posted by Alex Mackinnon View Post
Woooosh went the pedantic joke.
No wooosh. I got the joke. I'm just steamed that insinuations (i.e. "renoviction") are being imported to create an impression that above-board institutional entities are somehow now working in the arena of much less reputable landlords.

It has all the hyperbolism of a rag like the National Enquirer.
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  #107  
Old Posted Feb 20, 2018, 11:12 PM
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Originally Posted by osirisboy View Post
No you misunderstood. He meant that those existing tenants, who are being evicted are now trying to find space in an already tight market
They've also been paying below market rates for years due to the demolition clause in their lease.

The tenants have know this was coming for years. It was their choice to stay and not relocate when the market was softer.
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  #108  
Old Posted Jun 18, 2018, 6:12 AM
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I talked to the property management Bental-Kennedy and they said more than 75% of the building is empty now. Most tenants from my knowing have moved into adjacent buildings.
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  #109  
Old Posted Jun 18, 2018, 8:58 PM
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Bentall really wants to launch this project, but to date have not yet found a launch tenant. i have no doubt they will though, this market is just insatiable right now.
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  #110  
Old Posted Jun 18, 2018, 9:22 PM
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Originally Posted by LeftCoaster View Post
Bentall really wants to launch this project, but to date have not yet found a launch tenant. i have no doubt they will though, this market is just insatiable right now.
BK could be slightly late to the game in this cycle, but as they've been a participant in almost all past cycles, perhaps they may be willing to take a gamble at this point. I'm not sure if the specific BK fund/owner for 1090 has any pre-leasing restrictions it must adhere to, barring a special plea to the fund/owner.

Who knows... perhaps BK is first making back-channel efforts to pry Bentall Centre out from under from Anyang? Now wouldn't that make for interesting rumours! j/k
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  #111  
Old Posted Jul 11, 2018, 6:29 AM
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I was walking by today and when I saw the address it rang a bell so I took a few pics.



July 10 '18, my pics






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  #112  
Old Posted Aug 15, 2018, 9:10 AM
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According to my sources tenants still have end of August to move out. I believe 85 percent have left already. Building will be demolished in November. I'm assuming September and October will be used to gut out the inside of the building.
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  #113  
Old Posted Aug 15, 2018, 4:55 PM
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Hey Mcminsen, were you taking the photo of the building around 7-ish yesterday? I saw a guy aim his camera real high up the building and I was thinking: "Must be a SSP-er hard at work".
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  #114  
Old Posted Aug 15, 2018, 5:33 PM
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Originally Posted by Vin View Post
Hey Mcminsen, were you taking the photo of the building around 7-ish yesterday? I saw a guy aim his camera real high up the building and I was thinking: "Must be a SSP-er hard at work".


Nope. I don't do mornings or evenings.
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  #115  
Old Posted Aug 17, 2018, 2:45 AM
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Haha. Neither was it me, so there must be at least three of us.
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  #116  
Old Posted Aug 17, 2018, 8:30 PM
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Originally Posted by Klazu View Post
Haha. Neither was it me, so there must be at least three of us.
Yeah! I know it's not Metro-One either. Well, I'm happy there are others concerned about this building and appreciate its architecture. Sad that it would be gone in a couple of years.
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  #117  
Old Posted Aug 18, 2018, 10:59 PM
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It could be Yellow Fever.
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  #118  
Old Posted Nov 13, 2018, 8:49 AM
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Nov.12 '18, my pics

































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  #119  
Old Posted Nov 13, 2018, 11:29 PM
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Of all the buildings I'm sad to be losing downtown this would have to take the cake. I've always had a soft spot for this brutalist/formalist tower. Will be a shame to lose it.
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  #120  
Old Posted Nov 14, 2018, 5:18 AM
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Originally Posted by LeftCoaster View Post
Of all the buildings I'm sad to be losing downtown this would have to take the cake. I've always had a soft spot for this brutalist/formalist tower. Will be a shame to lose it.
I agree, it's a pretty one. Not sure what the heritage protection process is like, or what nonprofits are involved or anything like that, but disappointing how it's turned out.
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