Connect Centre | 56.3m | 16s | ONE Properties | DIALOG

What do you think of this project?

  • Total voters
    60
David A said:
Maybe at some point Katz realized or decided it should not fall entirely upon him to revitalize or save our downtown, perhaps around the time COVID happened. Fortunately there are several other projects nearby that have gone ahead and are going ahead, so maybe we don't need to look at him as our sole savior. Partly because of this after the switch of Connect Centre to office development fell through, it wasn't as necessary or viable to go back to residential development right away. The nearby Event Park and related residential development will be good for Edmonton and the downtown core when they happen.
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Then why did we decide to give him more money for the event park? The second try is the charm? Anyone who thinks he is doing any of this out of goodwill needs to give their head a shake in my opinion.
 
Tropical said:
Can someone please educate me - so why can't the rental tower be built? And I'm not talking about costs and market conditions - is there something about the foundation or ownership that means this won't happen? (Or are we just panicking based on a rumor?)
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I don't think it is that it can't be built; more that the current owner will not be doing so and has listed the property for sale. Whether the next owner proceeds with something is unknown at this point.
 
Maybe the rumor of the WSP move into the area has replaced National Bank (formerly Canadian Western) as a lead tenant for a new office tower build to finish off Connect ICE Phase 1?
 
EdmTrekker said:
Did they not sign a long term lease agreement and why Manulife is rebranded and being upgraded?
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I realize that I wasn't very clear -- I'm not referring to the National Bank move into Manulife; that is still on (no change). I am talking about the WSP move into the central core area and potentially the lead tenant in the Connect Centre office build (or maybe a joint office residential build -- nothing in relation to WSP is all that clear yet except their move to the central core.
 
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