Edmcowboy11
Senior Member
Whyte ave can be good but the lease rates, especially in brand new spaces are probably sky high.
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- Thread starter Daveography
- Start date
David A
Senior Member
Its too bad about Miniso. COVID was really tough on retailers and yes, Whyte Ave space is generally more expensive, so if things aren't great there are a lots of stores that don't make it.
You have to wonder with all the vacancy on Whyte Ave if lease rates have or will become more reasonable. Interestingly, nothing in Southpark yet - the retail space is still empty and I think its been around a year now.
You have to wonder with all the vacancy on Whyte Ave if lease rates have or will become more reasonable. Interestingly, nothing in Southpark yet - the retail space is still empty and I think its been around a year now.
Edmcowboy11
Senior Member
I can only guess that the premium is so high that even if there were interested businesses, they probably decided to go elsewhere.
YEG imagineer
Active Member
There has been some work on the outer rear portion of the former Scona Cycle location by Mill Creek bridge. And all the windows are covered by brown paper. Curious to see if they are going to subdivide this space or have another large user.
Airboy
Senior Member
St Albert Now. West of Ray Gibbons, Northwest of Giroux Rd Bounded by TWR 540B and RR 260
The area will be known as Cherot. https://stalbert.ca/site/assets/files/22063/asp_cherot_cons1.pdf
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IanO
Superstar
Wrong side of the street + high rates + limited demand.
Avenuer
Senior Member
Gronk!
Senior Member
Revamped Misericordia ER set to open by fall 2023
The Misericordia Community Hospital’s long-awaited new emergency department is nearing completion, replacing an ER that’s more than half a century old.
edmontonjournal.com
IanO
Superstar
Another Evertrust project (Muttart Lands towers)
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Nicholas Hrebien
• 1st
Commercial Real Estate I Cushman & Wakefield Edmonton I Sales, Leasing & Investment
2m • 2 minutes ago
SOLD
9724 105 STREET, EDMONTON ABGrateful to have been able to represent Evertrust Development Group Canada Inc. in acquiring ±22,295 SF of High Density Development Lands located at 9724 105th Street in Downtown Edmonton. The Lands are well located along 105th Street, optimal for future development with access to Edmonton’s Downtown and River Valley
Shoutout to John Frederickson & Ian Newman for all their hard work as well as a special thanks to Ted Zhou and his entire team over at Evertrust Development Group Canada Inc. for their patience and diligence throughout the entire process!
bodsbods9090
Active Member
Is this...is this a good thing? Should we all be happy?
IanO
Superstar
I'd say so given that it has been sitting idle for 10yrs+ under the existing owners...
Gronk!
Senior Member
I'd say "yes"
IanO
Superstar
Who recalls the DC2 with the tower and 'waterfall' amenity/art on the SEC of the tower
MattPT
Active Member
MacLac
Senior Member
I assume that Evertrust is the company building the pair of towers on the Muttart lands…..and this could be another potential project?