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Its finally revealed what that building is going to be! I remember it started being constructed in winter 2022.
From what I'm seeing, reading and understanding, there's not going to be a move of the HQ anytime soon. CWB's asset growth has been middling and stagnant over the last two years, and it seems like National Bank is going to be using CWB as their vehicle for growth in Anglo Western Canada since they're mainly focused in Quebec.

It honestly could be good news in terms of growth, both in asset and jobs for the future, especially if they're trying to make the Big Five into the Big Six.

Personally wouldn't mind us as Anglo Montreal of the West in this regard.

The medical office on Whyte Ave between 100 St and 99 St

View attachment 578355
 
FOR SALE: Strathcona Post Office Building

1st Floor Renewal - 10 years: Chianti Cafe
2nd Floor Leased - 10 years: Daisy Bar

Colliers is thrilled to announce the successful leasing of 12,820 SF to two dynamic tenants for the next 10 years.
This marks a new chapter of vibrancy and opportunity for this historic building, which stands proudly as a testament to our commitment to revitalizing the area.

With that, we are pleased to announce the iconic building is now available for purchase at $6,100,000.

 
FOR SALE: Strathcona Post Office Building

1st Floor Renewal - 10 years: Chianti Cafe
2nd Floor Leased - 10 years: Daisy Bar


Colliers is thrilled to announce the successful leasing of 12,820 SF to two dynamic tenants for the next 10 years. This marks a new chapter of vibrancy and opportunity for this historic building, which stands proudly as a testament to our commitment to revitalizing the area.

With that, we are pleased to announce the iconic building is now available for purchase at $6,100,000.

This building could use some TLC and perhaps a different approach. Last time I went by the glass to the lower level was filthy and I don't think it had been cleaned in years.

While I can understand the bar business can be lucrative and there is demand in the area, a good thorough cleaning is probably needed outside after every weekend along with frequent repair for any damage.

This place seemed much nicer and better kept up when the original collection of small shops was there, before bars were added.
 
Sounds like a developer or two are beginning to work to assemble a few lots for an intensification of the block around the Princess, including restoration.

Very preliminary, but could be exiting if/when it happens.

But super early days.
 
Sounds like a developer or two are beginning to work to assemble a few lots for an intensification of the block around the Princess, including restoration.

Very preliminary, but could be exiting if/when it happens.

But super early days.
As someone who isn't too familiar with the development industry, what does intensification mean, exactly?
 

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