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Downtown Real Estate

kcantor said:
maybe they would like to be able to offer underground parking to their staff and customers that isn’t possible where they are?

maybe they would like a pedway link that they can’t get where they are?

maybe they would like a direct connection to the lrt that they can’t get where they are?

maybe they want floor plates that are larger and more efficient than 13,500 sf?
Click to expand...
All fair comments/potential requirements, but they currently have:

-enclosed, pedway attached secured covered parking
-multiple surface and metered spots for convenient parking options
-They are 40' from the Bay LRT entrance that then provides them access to the system and could be directly connected to the building
-13.5 is still a reasonable plate and while not the 20ish that many look for these days, still provides one of the most efficient layouts, corner office opportunities out there from the floors that I have been on.

But choice and options are good and why you RFP it.

It sharpens the entire market's pencils.
 
I could see them taking on the former Scotiabank space in the old Scotia towers. It's kitty corner but if they redeveloped the space it truly wouldn't be a bad space. With the reclad that was done there I could see the owners being desperate for a new anchor tenant and as we'd say dropping the pants for a long term lease.
 
Reference ID:Job No 390607152-002
Description:To install (7) Fascia On-Premises Sign(s) (SANDMAN SIGNATURE)
Location:10235 - 101 STREET NW
Plan 8822518 Lot 79C
Applicant:PRIORITY PERMITS LTD
Status:Intake Review
Create Date:3/29/2021 9:09:19 AM
Neighbourhood:DOWNTOWN
 
IanO said:
Reference ID:Job No 390607152-002
Description:To install (7) Fascia On-Premises Sign(s) (SANDMAN SIGNATURE)
Location:10235 - 101 STREET NW
Plan 8822518 Lot 79C
Applicant:PRIORITY PERMITS LTD
Status:Intake Review
Create Date:3/29/2021 9:09:19 AM
Neighbourhood:DOWNTOWN
Click to expand...
I guess that means that the Sutton Place Hotel has been sold to Sandman?
 
Pro.N said:
I could be wrong but believe this property is owned and operated by Northland Properties/Gaglardi Family? Who also own the Sandman/Sutton Place brands.
Click to expand...
That seems right. Thanks for the info. I thought that Sandman and Sutton place were always owner and operators. But did not know that they both are owned by the same group. Just checked the website and they are.

The Sutton Place Hotels - Northland Properties

Across Canada you’ll find sophistication and elegance at The Sutton Place Hotels. Learn more about Northland's luxury hotel brand here.
northland.ca northland.ca

Sandman Signature Hotels & Resorts - Northland Properties

Sandman Signature Hotels & Resorts Providing ‘Elegant.Relaxed.Comfort.’ to our primary and secondary markets, Sandman Signature Hotels & Resorts embodies Sandman’s top tier of hotel accommodations. With high-end amenities such as spas, sleek restaurants, best in-class rooms, modern business...
northland.ca northland.ca
 
North elevation from 100-101st...?

Reference ID: Job No 391345764-002
Description: Exterior Alteration, Demolition
Location: 10001 - 102A AVENUE NW
Plan F Blk OT
Applicant: EDMONTON CITY CENTRE INC. (CANDEREL)
Status: Intake Review
Create Date: 4/6/2021 11:08:36 AM
Neighbourhood: DOWNTOWN
 
1v2abd.jpg


Meanwhile those with allergies. ;)
 
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