Those renderings are outdated. Expect it to be tamed down, but it will still be a great repositioning of the building. And for those asking how this program works, read away! https://www.edmonton.ca/sites/default/files/public-files/assets/PDF/NewConstructionInformationGuideFINAL.pdf

Such a great building.

Likely pushed off until after the election...I suspect we might see it back again now that the UCP is getting settled in. Galleria = awesomeness in so many ways.

That's an old sign.

^There is usually no difference between ceiling heights regardless if the building will be rental or condo. In today's market finishing levels are basically the same - some condos will offer slightly higher-end finishes.

Oliver is on fire. Love it.

It will be a very transformational project given its scale and size.

It's part economics (the numbers have to make sense) and owner motivation.

I believe that the upper floor units are sold...and for top dollar! Incredible!

Yes it has. My mom lives in the Glenora Gates condos and she's said foot traffic picked up quite a bit since the Brewery and 121 West were built.

Half? No. I believe the entire complex is around 855,000sf or so. Of that 750k is office space, so 200k is little under 1/3 of the total office space.

There were a number of vacant floors that were still being leased by Enbridge if I'm not mistaken. I believe the landlord did some shuffling around to accommodate CWB. This was the best decision for CWB imo as Manulife is still a fantastic asset despite the vacancy issue after Holts departure...

I 100% agree that the 'pushback' from those WFH has more to do about 'personal convenience' then anything - having to get up earlier, get ready, commute, pay for parking, etc. But at the end of the day it is up the respective employer to figure out what works best for their business, whatever...

Not unless there is a significant public interest component to it. I'm not sure what this might be.

Second location.

You'd be surprised the TI's landlords are dishing out to get some deals done. And this goes for all building classes new or old. This is good for downtown as we avoided building more office space which we don't need to do right now, irrespective of the vacancy rates dropping as per the recent...

Yes it is a positive.

Same. I believe the glazing at grade is clear.

And so what if it is 'value-engineering'. If a balcony is important to a particular tenant they they'll make the choice to rent it. If not, then they'll be fine with a juliette. Personal choice.

Oliver Exchange does well. But I can say that many of their projects (especially adaptive reuse/heritage projects) come with a lot of risk and are costly. Many of the projects they do are fuelled by vision, passion and an unbridled love for this city. Regardless each project has to 'float'...