archited
Senior Member
Protecting parking for their tenants, I imagine.
- Thread starter Daveography
- Start date
EdmTrekker
Senior Member
I agree that is exactly what the purchase is about - retain existing tenants that may have been renting space in the parkade and to incentivize prospective tenants.
David A
Senior Member
Mixed feelings here. The parkade looks better without the signage clutter, but I still think this is a good are to develop something soon.
northlands
Senior Member
Yup. As CWB moves out, having the option for ample parking is a help for lease up. Also provides interm cash flow and can be sold after CWB leases up or redeveloped. Makes sense to me.
cmd uw
Active Member
Yup. Most people have no idea how parking revenue contributes to adding 'value' to a building.
itom987
Active Member
I just hope they would look into adding some CRUs in the parkade facing the street. If done right, businesses in those CRUs can also add value to an office building.
David A
Senior Member
It would be the perfect spot for a smaller business. I know landlords don't like to deal with smaller spaces, but not everyone needs 5,000 feet and some of these businesses grow.
archited
Senior Member
^^^^ Landlords love smaller spaces
Clearshades
Senior Member
I was hoping to hear they have planned to expand floorplates to the tower to compete with modern developments...
KreationYEG
Active Member
archited
Senior Member
Methinks the Hudson is no more.
cmd uw
Active Member
Nope...
thommyjo
Senior Member
Nope as in it is “no more” or nope as in “it’s not no more”? Haha
IanO
Superstar
The partnership ended, folks moved on, this is DOA.
archited
Senior Member
Quoth the raven and 'O... nevermore!