Gronk!
Senior Member
I drove down 104 avenue and I think I saw a Servus credit union sign at Rogers Place, beside the casino entrance. More banks to come!
Signage should be up today or tomorrow.
I drove down 104 avenue and I think I saw a Servus credit union sign at Rogers Place, beside the casino entrance. More banks to come!
Considering that OEG owns Concorde Group (large company that owns a bunch of restaurants in Calgary), I'm surprised they have not opened one of their businesses here like Barbarella Bar, Major Tom, Bridgette Bar, etc., as any of those would do much better than any big 'chain' like Canadian Icehouse/Brewhouse ever would. Imagine a Major Tom atop the 66th floor of Stantec - missed opportunity if you ask me.
Which is more a reflection of the right offering/location/market for those tenancies than the lease rates. If the right things are there, the lease rates would not be an impediment and if they’re not there lower lease rates won’t compensate from a viability perspective.I'm sure OEG doesn't want to pay the lease rates that they are asking for.
“(New Tower) can accommodate up to 582 units/500,000 sq/ft building.”
Hope so, the choices so far seem to have been nice but stubby office and taller but not so nice residential.Maybe a new purchaser can come up with a better design.
I remember reading (I think a statement from the architect) that soil conditions and the foundation structure now set in place only allows for 42 storeys (maybe it was 47?). An interesting possibility would be if Katz Group or a new buyer would combine this with the Katz land on 104th Street for a twin tower configuration and a bridge between them that would hold some exciting amenities possibilities. The twin configuration could be colloquially called "Fat&Skinny" referencing a tall skinny tower on 104th that might reach 60 storeys combined with a stubbier expression on the existing podium. The 104th tower could forgo parking in favor of what is already provided putting the savings into a more extensive footing structure for "skinny".To put it into perspective, Switch phase 2 will be a 37 second storey tower with 441 units…I think. So 582 units will be….what? 50+ storeys?
Two words.Crazy to me that we just signed a deal with OEG for the event park and north land with no guarantees of development other than two stick frame buildings. Meanwhile, they are selling this to help cover the costs of those buildings. I wonder what the future will hold for the rest of the land north of the arena. I can't help think that they do the horizontal development for the rest of the land and sell at least some of it to other developers.
Then why does he always have his hand out to us for spare change? What does he need our $166 million for?So negative. Just a reminder that Katz promised to spend $100,000,000 on Ice District ended up spending $1,500,000,000