IanO
Superstar
Who builds parkades in 2023? Let alone next to an LRT stop.
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Downtown
- Thread starter Daveography
- Start date
scyeg
Active Member
I noticed on my drive to work last week that they had some new lights at the top of at least two of the four corners of the building. Looked somewhat similar to the type of lighting on Edmonton House with the light directed down the blank corners of the building. It was not very noticeable so I assumed it was maybe just a couple installed as test/sample sections.
scyeg
Active Member
$$$
I spoke with a couple of people there who are not at all thrilled with the idea and have valid reasons not to be, but I don't suspect they will have any say on whether or not it happens. I'm assuming the city could turn them down though.
Greenspace
Senior Member
^^Yes, I believe those are just test sections. From what I heard the whole building is getting some kind of lighting scheme.
Glenco
Senior Member
Don’t think so. There was a third row of trees planted by the city that were removed from 107 street west.
MisterSartorial
New Member
I'm glad it's not just me. I thought I hadn't walked by that spot in so long that it might have been there for a while but I guess it's new then. I don't know when they must have removed all of the old LED lighting that was there. Hope the new stuff is an improvement, but shame the old lighting was only there about 7 years.
Greenspace
Senior Member
CWB is moving to Manulife. Sounds like the podium reno will go ahead.
stockhouse.com
2023-10-19 | CWB national headquarters moving to Edmonton's Manulife Place | TSX:CWB | Press Release
(2023-10-19 | TSX:CWB) CWB national headquarters moving to Edmonton's Manulife Place
stockhouse.com
MacLac
Senior Member
Should we be happy for this news? I’m kinda sad but it sounds like Shipton has other plans…..which is good but what?
IanO
Superstar
I like this swap/decision a lot. Manulife needs some love, refresh and this will move of that along in a tower that is still the centre of the CBD.
I am hopeful that ICE District Prop reverts that site back to residential and a purpose built rental that would do wonders for the area.
I am hopeful that ICE District Prop reverts that site back to residential and a purpose built rental that would do wonders for the area.
Greenspace
Senior Member
Rental is ideal not more commercial. I see this as a positive.
northlands
Senior Member
Manulife filled up again will be huge for it’s own retail operations, and hopefully even just having that many more people working in a building with a direct connection to City Centre will provide a little boost there.
Regardless, some brokers gettin’ PAID.
Regardless, some brokers gettin’ PAID.
EdmTrekker
Senior Member
and a bigger boost to the retail in Commerce Plan.
IanO
Superstar
Opinion: Downtown housing incentives will keep Edmonton property taxes lower
How incentives for housing downtown can keep Edmonton's property taxes lower.
edmontonjournal.com
thommyjo
Senior Member
Glad to see this positioned in a way that makes everyone hopefully care. Too many people both hate and essentially cheer for the demise of downtown while simultaneously complaining about taxes.Opinion: Downtown housing incentives will keep Edmonton property taxes lower
How incentives for housing downtown can keep Edmonton's property taxes lower.
Opinion: Downtown housing incentives will keep Edmonton property taxes lower
How incentives for housing downtown can keep Edmonton's property taxes lower.
I don't know if there is much of an RoI for the city on this. Paying $75-$100 psf (call it ~50k/unit) to convert commercial space to residential (that's taxed at 1/3rd the rate) doesn't seem fiscally prudent.
I would love to see more residential projects downtown but it's very tricky to square this circle.