Gronk!
Senior Member
I'm hoping to see a midrise with a cafe facing the park.
I'm hoping to see a midrise with a cafe facing the park.
This site would be IDEAL for a south facing two-storey coffee and rest/lounge with some residential on top opening up into the park.I'm hoping to see a midrise with a cafe facing the park.
New flat top for their Grand Slam breakfast? Why would Denny's be the applicant on a new build? Walk us through the process here Ian.....
www.bildedmonton.com
I feel the question is answered in the article as yes with all the residential projects mentioned and there will probably be more in the future.Can Edmonton Rethink Its Core?
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The $1.2 Billion Downtown Dilemma: Can Edmonton Rethink Its Core for the Post-Pandemic Era? - BILD Edmonton Metro
Downtown Edmonton is facing a post-pandemic “doom loop” of empty offices, reduced foot traffic, and declining property values. More than $1.2 billion in new investments — from housing incentives to the new phase of ICE District — aim to reverse the trend.www.bildedmonton.com
Exactly. There is also one point that they forget to mention about this comparison. Calgary has so much vacant office space that the square footage represented by percentual difference between Edmonton's and Calgary's vacancy rates (around 7% difference, 22% vs 29% respectively) equates to almost half of the total square footage of Edmonton's vacancies. So 500,000 sqft conversions make much more of a dent on the vacancy rates in Edmonton that it does in Calgary, without the need to spend government funding on it.Any grant money should go to new projects/filling up empty lots than office conversions tbh. We're already seeing office conversions go forward without government subsidies, and I'd rather not drop the insane amount of money that Calgary is doing for their conversion program for not really a lot of units in the end.




