Start getting used to those SW addresses, more and more is being built up thataway.
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Looks like it's in Remington's Discovery Park. Good to see. I think we'll see the lands between the airport explode with warehousing in the coming years.PERMIT_DATE June 24, 2020
JOB_CATEGORY Commercial Final
ADDRESS 13426 - 102 AVENUE SW
NEIGHBOURHOOD EDMONTON SOUTH CENTRAL
JOB_DESCRIPTION To construct interior alterations to existing shell building - Initial Tenant Fit-Up for Amazon Distribution Centre.
BUILDING_TYPE Storage Buildings, Warehouses (460)
WORK_TYPE (03) Interior Alterations
FLOOR_AREA 112,400
CONSTRUCTION_VALUE 4,500,000
PERMIT_DATE June 24, 2020
JOB_CATEGORY Commercial Final
ADDRESS 13426 - 102 AVENUE SW
NEIGHBOURHOOD EDMONTON SOUTH CENTRAL
JOB_DESCRIPTION To construct interior alterations to existing shell building - Initial Tenant Fit-Up for Amazon Distribution Centre.
BUILDING_TYPE Storage Buildings, Warehouses (460)
WORK_TYPE (03) Interior Alterations
FLOOR_AREA 112,400
CONSTRUCTION_VALUE 4,500,000
Edmonton's bid for Amazon HQ2 promised billions in labour cost savings
The Logic reports that Edmonton's secretive bid to secure Amazon's second headquarters promised $2.2 billion in labour cost savings and offered "18 incentives including funding for employee training, favourable options for acquiring municipal land, lease incentives, “direct support” for investments in building upgrades, and matching research and development funds for provincial programs designed to encourage drones, machine learning and autonomous vehicles."
The bid, developed by Edmonton Economic Development Corporation (EEDC) in collaboration with partners including the City of Edmonton and the Edmonton International Airport (EIA), has since been used to attract other companies, confirmed EEDC CEO Maggie Davison. “Either they get a break on their lease, or they get free rent for a couple of years, or they get help with construction. That's pretty common,” she said.
Edmonton's bid was submitted in October 2017 and the following year Amazon announced plans to build a $120 million warehouse in the Edmonton region that would employ 600 people. The new facility opened last month.
Edmonton has had quite a bit of success bringing in tech firms in the years since. In 2018, Amazon announced it would build a warehouse in the area that costs $120 million and will employ over 600 workers. The city’s tech labour pool rose 17 per cent over five years, reaching 25,200 staff by 2019, fuelled by companies like Jobber, Canadian Tire and Google’s Deepmind.
While that’s small compared to Toronto’s 250,000 tech workers, data compiled by CBRE suggest Edmonton is punching well above its weight. The city now has more tech employees than Waterloo and its workers make more on average. Its tech talent pool is also growing at a faster rate than Halifax, Winnipeg, or Ottawa.
kudos to the foip request that at least made this much information public.@kcantor Thanks for that.
Interesting tidbit in there I wasn't aware of:
Emphasis mine; those who aren't as in tune with the tech industry in Canada might not realize it, but that's actually a huge a shift.
I guess my perspective is that retail is changing, much like it has in the past. Conform or be cast out. I can tell you that many of our tenants in our buildings aren't concerned about Amazon. Fine-grain retail will always be around.^^^^ The retail and hospitality malaise is global in nature but most specifically felt in North America -- 1st onslaught to small scale developments was the advent of so-called big-box stores, particularly the Walmarts and Sam's Clubs of the world. Now they in turn are getting knee-capped by the online mega giants led by Amazon. If you are fine with staring at "for lease" signs in ground floor made-for-tenant spaces and the crumbling nature of main streets from the same perspective then hooray for Amazon. Most (not all) sellers through Amazon have a huge distaste for this mega-monopoly but find themselves with few other alternatives if they wish to remain viable.