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Edmonton City Centre Mall (Renovations) | ?m | 2s | LaSalle Investment Management

Avenuer said:
Rumor has it that a developer with projects adjacent to and within proximity of the old Bay section is looking to partner with the current owner to develop a tower or two on the old Bay section of the mall (they have an investor on board).
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Well, THIS is a nice rumor to hear about from someone who I consider reliable on this board.

Let's hope this gets some legs, gains some steam, sees the light of day...any other phrases that can be used, please add on!
 
kcantor said:
Not all of that real estate was designed for future towers of any height and what was may not be where they’re wanted today…
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I get that, but, overall, there are still plenty. I wouldn't mine the north parkade across from Stantec developed. If indeed there are two towers for this side, that would be the limit for the east side imo. The density and change factor would elate me. It adds substantially growth optically for me; since becoming part of the Canadian culture in 1979, the three towers above were poignant landmarks that has edge deeply in my head and it has not changed, so this would ecstatically welcomed.
 
Chinese market in the former Coles space (this week only)

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SoftMoc shoe store has closed down

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Clearshades said:
I get that, but, overall, there are still plenty. I wouldn't mine the north parkade across from Stantec developed. If indeed there are two towers for this side, that would be the limit for the east side imo. The density and change factor would elate me. It adds substantially growth optically for me; since becoming part of the Canadian culture in 1979, the three towers above were poignant landmarks that has edge deeply in my head and it has not changed, so this would ecstatically welcomed.
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I have a feeling from earlier discussion here that while much unloved, unfortunately the parkade will not be redeveloped soon or first.

But that doesn't mean a tower couldn't happen elsewhere and then a second one later when the point to redevelop the parkade does arrive.
 
David A said:
I have a feeling from earlier discussion here that while much unloved, unfortunately the parkade will not be redeveloped soon or first.

But that doesn't mean a tower couldn't happen elsewhere and then a second one later when the point to redevelop the parkade does arrive.
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Absolutely it can go in variations. The space kitty core the Encore, for example, could be developed as well as the area fronting 101st. There were numerous discussions pertaining to the aesthetic out look of the parkade since the Stantec project has complete. For me, the focus should be on the area least pleasant which is this. Everything else can come about in later stages imo as they look respectable at present in comparison to the parkade. As to what you believe, that is entirely your right too.
 
Unless you own the property, what you believe which is also your right to state, probably doesn't count for any more that what I believe. Assuming you do not own it, the owners will do what they feel makes sense for them.
 
David A said:
Unless you own the property, what you believe which is also your right to state, probably doesn't count for any more that what I believe. Assuming you do not own it, the owners will do what they feel makes sense for them.
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Talk about stating the bleedin obvious. The fact still remains the parking structures along 102 are a total urban disaster . The approach to the Delta hotel looks like a scene from “The Last Of Us”. Unfortunately the parkade still generates revenue whereas the Bay does not so it is quite reasonable to assume they will develop it first.
 
Avenuer said:
Rumor has it that a developer with projects adjacent to and within proximity of the old Bay section is looking to partner with the current owner to develop a tower or two on the old Bay section of the mall (they have an investor on board).
Click to expand...
I have to say this might be some of the most exciting news for downtown in a long time. This has always been one of those "pipe dream" projects that I think many of us didnt see happening for another decade or two at least. Again, I know this is just a rumour and as such, we can only speculate for now, but this could really do some wonders and make use of a huge, derelict space in the core.

I wonder if this may be because of how dire things are with ECC and they are finally trying to get creative here and get rid of the old Bay space so that they can exclusively focus on ECC?
 
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