We've got pretty good momentum now. It's not 2021 where the conversation was a dead core with vacancy rates pushing 10%.
We have around 600 residential units under construction, and around 2500 in the development permit stage. This isn't counting all the projects coming in as well like Ice...
I mean we’ve heard time and time again that institutional investors stay away from investing in Edmonton. So if our solution is to get new and interesting non-local investors who want to take a chance here then why not.
I’m bullish on downtown Edmonton so maybe they see something others don’t.
https://renx.ca/atco-move-edmonton-office-former-canadian-western-bank-tower
This little tidbit here was interesting to read. Are we finally seeing a downtown remigration?