Manulife Place Renovations | 145.99m | 36s | AIMCo | MdeAS

[IanO]

It will and here's hoping that we see some sort of anchor retail.

 

[channing76]

So will this classic beauty now be called the CWB building and not the Manulife? Always has been my favorite downtown building.

 

[Foolworm]

So will this classic beauty now be called the CWB building and not the Manulife? Always has been my favorite downtown building.

The lease included naming rights, so it's almost a given.

 

[David A]

So will this classic beauty now be called the CWB building and not the Manulife? Always has been my favorite downtown building.

CWB is far more impactful for our local economy than Manulife ever was, so renaming the building after a company that is actually located here and and has a significant presence is a good thing, I feel.

 

[channing76]

CWB is far more impactful for our local economy than Manulife ever was, so renaming the building after a company that is actually located here and and has a significant presence is a good thing, I feel.

100 percent. Stantec, Epcor and CWB all 3 Edmonton based companies in prominent towers.

 

[Airboy]

Hell I still call CWB tower Principal Plaza. So I may never get around to calling Manulife CWB tower.

 

[MacLac]

I remember the movie theatres in the parkade out back (Zebra parkade now?) that were the size of your Grandma’s living room. Btw, what did the “Principal” in Principal Plaza refer to? Was it an insurance company?

 

[JNO1]

^Principal Group of Companies/Principal Financial Group. A financial/investment company based in Edmonton that went belly up in the late 1980s.

 

[IanO]

Diverse financial, insurance investment with a crazy story of collapse in the late 80s.

Chapter 6 The Collapse of The Principal Group of Companies

Chapter 6 The Collapse of The Principal Group of Companies Bruce La Rochelle Ph.D. Dissertation Organizational Behaviour Schulich School of Business York University, Canada 1993 Introduction At tre…

brucelarochelleacad.wordpress.com

--
Well then. I had no idea.

Principal Plaza Cinemas in Edmonton, CA - Cinema Treasures

Cineplex opened the Cineplex Principal Plaza on March 5, 1982. The nine tiny theatres in the complex had a total seating capacity of just 676. Cine...

cinematreasures.org

 

[MacLac]

Yup! That's where I saw "Time Bandits."

 

[_urbanite]

I would've never thought there was once a movie theater in that space.

 

[Glenco]

I remember the movie theatres in the parkade out back (Zebra parkade now?) that were the size of your Grandma’s living room. Btw, what did the “Principal” in Principal Plaza refer to? Was it an insurance company?

Basically a Ponzi scheme

 

[David A]

Hell I still call CWB tower Principal Plaza. So I may never get around to calling Manulife CWB tower.

Yes, for those of us who have been here a long time it will take a bit getting used to. Some of the hotel name changes confound me a bit.

I remember the Cineplex there, went there a few time and it was great. It had a nice variety of movies you could watch. Of course that was pre DVD or Netflix, when if you wanted to see a movie you either had to catch it at a theatre or wait forever (often years) for it to be on TV late night or something.

 

[kcantor]

Principal Group - Wikipedia

en.m.wikipedia.org

i believe they owned a half interest in the building - along with campeau who was the developer - as well as being the anchor tenant.

start to finish it was built in two years at a time edmonton was building a million sf of office space downtown a year, most of it on spec.

 

[Gronk!]

Basically a Ponzi scheme

That was the point when the mighty (i.e. Peter Pocklington) started falling.
Either that or the Gainers strike.