[Kosy123]

That's 4 office conversion projects planned or on the go now in downtown, all without direct government subsidies a la Calgary.

 

[northlands]

Rooftop patio restaurant? I like this guys vision already.

$12,5 seems like a pretty reasonable price for the asset and location. Especially consider previous ownership did a pretty nice reno to the lobby maybe 6-7 years ago.

 

[Out of Towner]

Rooftop patio restaurant? I like this guys vision already.

$12,5 seems like a pretty reasonable price for the asset and location. Especially consider previous ownership did a pretty nice reno to the lobby maybe 6-7 years ago.

Not even $700K per floor.

 

[Gronk!]

Office Tower Conversion planned on Jasper Ave

Office tower on Jasper Avenue to be partly converted into residential complex

Plans are in place to convert much of a major downtown Edmonton office building into housing, retail and recreational space.

www.ctvnews.ca

Floors 12-19 are being changed to Residential

I really hope they do something with that dead food court.

 

[Tropical]

That's 4 office conversion projects planned or on the go now in downtown, all without direct government subsidies a la Calgary.

Mind listing the 4?

 

[Kosy123]

Mind listing the 4?

So far:
Phipps-McKinnon: 100 units
McKenney Building Conversion: 33 units
Financial Building Conversion: 33 units
Standard on Jasper: no idea how many this one is but since it's floors 12-19, maybe 80-100 units?

CBRE did mention that Highfield Place got taken off the market for conversion but we have nothing concrete on that so I didn't add it to the list.

 

[MacLac]

 

[northlands]

^ @thommyjo avert your eyes at this outer rim monster

 

[Avenuer]

From a history perspective I know of at least two churches in Edmonton that in years past have been turned into music venues and at the time of the transition were very successful but didn't last -- one was further turned into a needs-based facility for food and shelter and the other was eventually demolished.

You're thinking of the Mustard Seed's Church on 96 St, which was the former 'Danny Hooper's back in the 80s (I think, I wasn't even born then).

There's also another church on 96 Street that is now an event venue - Studio 96.

 

[Avenuer]

^ @thommyjo avert your eyes at this outer rim monster

'...delivering all design criteria for our client'

Design Criteria: shite

 

[Avenuer]

So far:
Phipps-McKinnon: 100 units
McKenney Building Conversion: 33 units
Financial Building Conversion: 33 units
Standard on Jasper: no idea how many this one is but since it's floors 12-19, maybe 80-100 units?

CBRE did mention that Highfield Place got taken off the market for conversion but we have nothing concrete on that so I didn't add it to the list.

Also, the Milner Building on 104 south of Jasper is another likely conversion over the short term.

 

[Kosy123]

Also, the Milner Building on 104 south of Jasper is another likely conversion over the short term.

I forgot about that one! But is there any news on that? I know WestCorp owns it but that's about it.

 

[David A]

Office Tower Conversion planned on Jasper Ave

Office tower on Jasper Avenue to be partly converted into residential complex

Plans are in place to convert much of a major downtown Edmonton office building into housing, retail and recreational space.

www.ctvnews.ca

Floors 12-19 are being changed to Residential

Maybe that is the smart trend here now, partial conversion. It sort of makes sense, probably easier than full conversion, still have all the revenue from the office tenants remaining if the construction can be not too disruptive.

However, I really had to laugh at the councilor's silly boilerplate statement about not needing to spend to build new parks. She should know the city is in fact spending a lot of money on a new park a couple blocks away and also on the existing two across the street.

I also would like to see something done with that old food court, so hoping it all works out.

 

[thommyjo]

^ @thommyjo avert your eyes at this outer rim monster

I’m gunna lose it…

 

[Gus Haynes]

From a history perspective I know of at least two churches in Edmonton that in years past have been turned into music venues and at the time of the transition were very successful but didn't last -- one was further turned into a needs-based facility for food and shelter and the other was eventually demolished.

I mean, I can't believe we're forgetting the most obvious one: The Starlite Room was a Salvation Army Citadel! (That's why, when it was first converted to a theatre, it was called the Citadel Theatre.)