Gronk!
Senior Member
I'm hoping to see a midrise with a cafe facing the park.
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Downtown Real Estate
- Thread starter Daveography
- Start date
I'm hoping to see a midrise with a cafe facing the park.
Stevey_G
Active Member
Man it’s such a shame Jasper House couldn’t go. Ahead on that corner. Woulda really started tying the block together.
IanO
Superstar
This site would be IDEAL for a south facing two-storey coffee and rest/lounge with some residential on top opening up into the park.
IanO
Superstar
Reno? Redo? New development?
MacLac
Senior Member
New flat top for their Grand Slam breakfast? Why would Denny's be the applicant on a new build? Walk us through the process here Ian.....
northlands
Senior Member
That Denny's is busy every time I visit and would honestly be a major loss for dt/education district should it close
bodsbods9090
Senior Member
Add it to a podium in a tower. Voila!
scyeg
Active Member
archited
Senior Member
Denny's isn't going to build a tower; this might simply be an exercise to try to jack up land value or to try to force NorQuest into a quick purchase of the land.
Gronk!
Senior Member
Haven't been to Denny's in a few years. But that's likely because there are other breakfast places in or near downtown such as OEB, De Dutch, Cora, Tutti Frutti, Brunch Glory and Albert's. Or in a pinch there's Tim Hortons/Wendys.
archited
Senior Member
^ You have got to try the "Moon over my-Hammie" just to try to figure out what they are talking about. As a child it was my daughter's favorite go-to.
IanO
Superstar
Can Edmonton Rethink Its Core?
www.bildedmonton.com
The $1.2 Billion Downtown Dilemma: Can Edmonton Rethink Its Core for the Post-Pandemic Era? - BILD Edmonton Metro
Downtown Edmonton is facing a post-pandemic “doom loop” of empty offices, reduced foot traffic, and declining property values. More than $1.2 billion in new investments — from housing incentives to the new phase of ICE District — aim to reverse the trend.
www.bildedmonton.com
David A
Senior Member
I feel the question is answered in the article as yes with all the residential projects mentioned and there will probably be more in the future.Can Edmonton Rethink Its Core?
The $1.2 Billion Downtown Dilemma: Can Edmonton Rethink Its Core for the Post-Pandemic Era? - BILD Edmonton Metro
Downtown Edmonton is facing a post-pandemic “doom loop” of empty offices, reduced foot traffic, and declining property values. More than $1.2 billion in new investments — from housing incentives to the new phase of ICE District — aim to reverse the trend.
I dislike the negative comparisons to Calgary, for once just give it a rest. If we want to have a successful city we need to get past this. Lets not forget that we did office to residential conversions decades ago before Calgary even thought of it and it is still being done now here, although on a smaller scale. Also, this forgets to mention that their office vacancy is still over 7% higher than ours despite the conversions that have happened there.
Kosy123
Senior Member
Any grant money should go to new projects/filling up empty lots than office conversions tbh. We're already seeing office conversions go forward without government subsidies, and I'd rather not drop the insane amount of money that Calgary is doing for their conversion program for not really a lot of units in the end.
ChazYEG
Senior Member
Exactly. There is also one point that they forget to mention about this comparison. Calgary has so much vacant office space that the square footage represented by percentual difference between Edmonton's and Calgary's vacancy rates (around 7% difference, 22% vs 29% respectively) equates to almost half of the total square footage of Edmonton's vacancies. So 500,000 sqft conversions make much more of a dent on the vacancy rates in Edmonton that it does in Calgary, without the need to spend government funding on it.