Downtown Real Estate

[EdmTrekker]

Unfortunately it is not that. The new name in my opinion is quite a change up from "Scotia"

Still 20% owned by Morguard? I wonder who owns the other 80% https://en.wikipedia.org/wiki/Scotia_Place

 

[KyleBlanchett]

An upscale menswear retailer is opening a new flagship store in downtown Edmonton. The location will be 8,200 square feet spread across three levels in the Encore Tower.

 

[IanO]

An upscale menswear retailer is opening a new flagship store in downtown Edmonton. The location will be 8,200 square feet spread across three levels in the Encore Tower.

The Helm.

*it's in another thread - welcome back

 

[IanO]

I wonder if this DC will ever see action.

 

[soupcrate]

Huh, $1100/month for a furnished 1 bedroom at the lofts above central station, with all utilities included. Is our downtown really this affordable?

Edmonton Pet Friendly Loft For Rent | Downtown | 1 Bed, 1 Bath, Furnished | ID 462001 - RentFaster.ca

Edmonton Downtown Loft for rent. 1 Bed, 1 Bath, Furnished Loft for Rent Available April 1, 2022New Cambridge Lofts Is Located on Jasper Avenue in The Heart of Downtown. Walking Distance to Bars and Restaurants, Rogers place, and the River Valley.Secured access to L.R.T. (Central Station...

www.rentfaster.ca

Edit: Nvm, the place has a few issues that probably drive the low price. But still, that's extremely cheap to be in a relatively new conversion above an LRT station downtown compared to most other cities.

 

[IanO]

Given that it is furnished that is a very solid price.

 

[thommyjo]

Made the mistake of looking around DT Calgary again on realtor. The difference is honestly staggering. For 400-500 you can get what we have in legends and stantec for 700+. It’s insane. And their DT is way nicer. I don’t get it.

We need some fricken good developers. We are way behind. Half the reason I haven’t moved DT yet is because of how limited the options are. And 450-550 for fox and ultima feel like such an overpay vs what Calgary has. So sad.

 

[IanO]

Sorta.

Legends is on a different level and only would have a couple of buildings that are comparable in terms of spec, amenity, location etc.

But point taken in that their Downtown is more attractive overall, feels safer, has a considerable amount more selection for potential buyers and has far less disconnected or forgotten lots that lead to dust, crime and garbage/dumping issues.

 

[IanO]

Not quite Downtown, but good to see.

 

[Airboy]

That's what 3-4 years since Stantec moved out fully.

 

[kcantor]

That's what 3-4 years since Stantec moved out fully.

and the last two years have been in the middle of a pandemic with work from home mandates etc. that we’re only now starting to move past…

 

[IanO]

CN Tower to Jasper Block - a good fit
---
Ryan O'Shaughnessy• 1stSales Representative at CBRE | Office Leasing & Sales | Commercial Real Estate19m • 19 minutes ago
It was my pleasure representing Riddell Kurczaba Architecture Engineering Interior Design Ltd. on securing the 3rd floor of the historic Jasper Block Building in downtown Edmonton.

 

[IanO]

Not quite Downtown, but wemp wah

@markyeg

 

[Gronk!]

I could almost swear there's a cannabis shop on every corner now

 

[TAS]

But point taken in that their Downtown is more attractive overall, feels safer, has a considerable amount more selection for potential buyers and has far less disconnected or forgotten lots that lead to dust, crime and garbage/dumping issues.

The point I'm trying to make only goes so far, but it kinda relates to 'you get what you pay for'.

There hasn't been nearly the kind of money/resources put into Edmonton's downtown compared to YYC with all the corporate dollars from their head offices and in turn the huge amount of tax dollars that has brought to spend downtown.