Stantec Tower | 250.84m | 66s | ICE District Prop.

[Gronk!]

News from SSP:

...was chatting with Canderel the other day and look for some action in the food hall space in Stantec Tower soon.

 

[Edmcowboy11]

That would be very nice

 

[Dubas]

Random Observation; every time I've walked through Stantec post-Oilers game this year, it smells faintly like sewage in the lobby. Hope it doesn't result in the building needing major work one day.

 

[Barnaby]

Random Observation; every time I've walked through Stantec post-Oilers game this year, it smells faintly like sewage in the lobby. Hope it doesn't result in the building needing major work one day.

Pretty sure it's actually meth. Over the winter they were allowing the cafeteria area to basically be used as a drop in shelter.

 

[cmd uw]

Pretty sure it's actually meth. Over the winter they were allowing the cafeteria area to basically be used as a drop in shelter.

There's a lot more enforcement on that now.

 

[IanO]

Hearing that Sky Residences are buying back units to convert to full rental?

 

[thommyjo]

Hearing that Sky Residences are buying back units to convert to full rental?

How does that work business wise?

 

[Barnaby]

I'll ask about it and report back if I hear anything. Most of the people on my floor are owners.

 

[JNO1]

They've done some drywalling. I jope there is more movement than this in the works.

 

[degrandprix]

They've done some drywalling. I jope there is more movement than this in the works.
View attachment 637064

I just took that same photo this afternoon, you beat me to it!

Before that wall went up those were all separate retail bays. I wonder what the plan is with blocking them all off, are they mothballing them until there is future demand? Or is it a temporary wall while they build out the bays?

 

[JNO1]

^Haha. We probably crossed paths.
My brother and I were having the exact same discussion as we were checking the space out. There looked to be a door at the very south end. That gave me a bit of hope that it was a construction access door to those bays. Fingers and toes crossed!!
On a side note, the space was a bit of a s#!+ show yesterday when we were there. Two EPS, 3 security guards, two people in serious physical/mental condition, 3 others wandering/staggering aimlessly and about 6 of us eating our lunch. A pretty depressing scene. I hope the gawd that the drywal is a sign of something finally moving forward here.

 

[MacLac]

Hearing that Sky Residences are buying back units to convert to full rental?

What the crux of what you’re saying Ian? Is that our rental market is so high that OEG recalled all these sales and wants to turn them into rentals and that they can’t wait to get started on new rental towers?

 

[Airboy]

Random Observation; every time I've walked through Stantec post-Oilers game this year, it smells faintly like sewage in the lobby. Hope it doesn't result in the building needing major work one day.

Usually its dry traps in the elevator shafts, But those have trap primers.

 

[EdmTrekker]

What the crux of what you’re saying Ian? Is that our rental market is so high that OEG recalled all these sales and wants to turn them into rentals and that they can’t wait to get started on new rental towers?

The office portion of the tower has been sold iirc? Maybe the new owners would prefer to manage the entire property instead of being stuck with abnb, monthly and condo owners rentals and Katz can sell that part of the tower off and use the $ to build something else (MacLac"s comment)?

 

[archited]

^ The Stantec Tower was sold some time ago and Katz no longer has a share in it..