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They're building a 100km pipeline from west of the city to the new Linde plant soon to be under construction. Can't imagine they'd need anything more than 1-2 random pipeline laydown yards spread throughout the line.....
 
^ it's a 200 km nat gas pipeline running from Peers, AB, to DOW, cool $2 billion project.

ATCO is also partnering with Shell to build another major carbon capture storage facility near Fort Sask.

Much as I'd like to see them grab space downtown and stay near big red, my money is on Twin Atria.
 
This is a bit confusing. I'm not sure if this is an expansion why they wouldn't just use space available in their current building, as it seems there is the extra space there. Unless they feel may somehow be cheaper to get someone else to renovate or provide the space.

There may be reasons to have this downtown rather than elsewhere, such as to be close to existing staff and management.
 
This is a bit confusing. I'm not sure if this is an expansion why they wouldn't just use space available in their current building, as it seems there is the extra space there. Unless they feel may somehow be cheaper to get someone else to renovate or provide the space.

There may be reasons to have this downtown rather than elsewhere, such as to be close to existing staff and management.
Was just passing on what I was told by someone at ATCO so it's certainly possible they were incorrect.
 
It is a standard process when you are near expiry to sharpen pencils and test the market.

My understanding is that they are reducing their footprint due to WFH etc, but I don't have all of the details or RFP in front of me.
 
It is a standard process when you are near expiry to sharpen pencils and test the market.

My understanding is that they are reducing their footprint due to WFH etc, but I don't have all of the details or RFP in front of me.
I don't think that's the case. I know some people at ATCO. No indication of that happening...maybe they aren't as in the know as your source is.
 
I am not surprised by this, but sellers market is a term we haven't heard much in Edmonton for quite a few years.


For years there was no urgency to buy here because prices were stagnant. I feel the dynamic may start to shift, particularly for potential buyers who have been comfortable renting.
 
Such an odd little lot that I thought was to have been incorporated into Dick Mather oddly enough. I miss those 4-5 houses that were down there.
 
https://www.cbc.ca/news/canada/edmonton/downtown-optimization-plan-1.7397903

IMG_8528.jpeg


For those who have a better sense of these things, would Chancery Hall and Century Place be well suited for conversion to residential?
 
Makes a lot of sense, but man o man those will be hard to backfill unless converted. I recall looking at Chancery about 10yrs ago for a previous employer and it was going to be very hard to do.
 
Totally wild a$$ rumor at this point but GoA may be looking at both of these to tie in to the Courthouse. Maybe a poor man's Calgary Court Center.
I've heard there's been a lot of progress being made on the former remand centre site becoming the spot for a brand new courthouse. Not sure how much merit there is in that, but I've been hearing it through the grapevine....
 

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