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

[David A]

Sadly, you're probably not wrong, while the landlord is focusing on trying to catch the big fish, small tenants get overlooked.

On the surface, it might seem like the right approach, but it really is not. A less vacant building is more enticing in general and every incremental step to improve it helps and with cash flow as well.

I also think it is fairly unlikely RBC or CWB would be taking that particular space, but perhaps it too much to expect the management there to be able deal with more than one thing at a time.

 

[cmd uw]

I believe CWB main branch will be located in the NE corner at 101 and 102.

 

[Airboy]

Apparently any new tenant in the podium will be contingent on the podium renovations which should start soon. The podium renos have to be done by the time CWB moves in. And the coffee shop was waiting on equipment from Italy, but there was some workers in the space last week.

 

[David A]

Apparently any new tenant in the podium will be contingent on the podium renovations which should start soon. The podium renos have to be done by the time CWB moves in. And the coffee shop was waiting on equipment from Italy, but there was some workers in the space last week.

So after a few years of not much happening, we should finally expect to see quite a bit of activity soon?

 

[Airboy]

So after a few years of not much happening, we should finally expect to see quite a bit of activity soon?

That's what I was told.

 

[Avenuer]

That's what I was told.

Bless, opening up the podium to the street more, if that is still the plan, will do wonders, especially with the Valley Line running now.

 

[Greenspace]

Renos to podium, but also CWB lease also contingent on new retail. So we'll see what they do.

 

[Gronk!]

It is now 2024

View attachment 530970

It's now past the halfway point of January 2024 and they're still not open yet.

 

[Airboy]

Was told they are waiting on equipment from Italy, but there were people in a few weeks back.

 

[northlands]

It is now 2024

View attachment 530970


I would have asked someone at the popup kiosk when their permanent location will finally open but they appear to be closed.

View attachment 530971

They finally updated their signage for ya

 

[Gronk!]

Thanks for the update, @northlands - it should take them another year until they open.

 

[David A]

The new signage looks nice and even has drawings. Maybe they felt they needed a bit more to support credibility given the signage for 2023 opening has not been accurate.

 

[Yeggy]

Additional info on renovations -

Manulife Investment Management announced $30 million worth of renovations to the 745,000-square-foot office tower and associated 103,000-square-foot retail complex, including the addition of a 45,000 square foot rooftop terrace providing an exclusive amenity equivalent to an acre of fully landscaped parkland in the heart of downtown Edmonton.

Prospects bright for Alberta office markets in wake of steady Q1

Alberta office saw resilient demand in the first quarter, led by Edmonton

www.westerninvestor.com

 

[Greenspace]

Reference ID:	Job No 510468496-002
Description:	To construct an addition, and exterior and interior alterations to a multi-use commercial building, Manulife Place (new facades, creating a new fitness centre, end of trip facility, tenant lounge and pavilion with elevator access at the accessible podium green roof terrace level).
Location:	10180 - 101 STREET NW Plan 8121364 Blk 1 Lot A
Applicant:	DIALOG
Status:	Intake Review
Create Date:	2024-05-16T14:26:46Z

 

[Kosy123]

Is this the long awaited $30 million renovation?