Danny Perea
New Member
Do you guys think they will build an underground parking under this?
ICE District Block IJ | ?m | ?s | ICE District Prop. | Next Architecture
- Thread starter Daveography
- Start date
EdmTrekker
Senior Member
eCity will own the land ... could an underground parkade be a shared revenue source for the Oilers Group and eCity,
archited
Senior Member
^^ No, definitely not. From a business perspective Mr. Katz is going to want to have "parking control" to maximize his ROI vis-a-vis parking accessibility. There will be new parking under the phase II development but not this city-owned property
EdmTrekker
Senior Member
Why not if Katz builds a couple of floors? Katz could easily future proof the site design to provide for a mixed use tower if the agreement allows the City to sell the land back to Katz - the original Owner.
Tropical
Active Member
Does it need it?
Gronk!
Senior Member
There's already enough parking within the downtown vicinity to populate a small city, so I highly doubt more underground parking is needed.
Greenspace
Senior Member
I also doubt the 2200 stall under ICE District are full most of the time. The Village at ICE will take years to build, in the meantime has surface parking available still.