DOCSLIB.ORG

Research & Forecast Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

Research & Forecast Report EDMONTON OFFICE MARKET Second Quarter 2018 Table of Contents Market Summaries Market Overview ............................................................................................................3 Downtown Financial District .................................................................................... 6 Downtown Government District ............................................................................... 7 Southside, South Henday, Whyte Ave, Eastgate & Sherwood Park ........................... 8 West End, 149th Street, 124th Street & 118th Ave .................................................... 9 Downtown Historical Performance .........................................................................10 Glossary .............................................................................................................................. 11 2 Research & Forecast Report | Second Quarter 2018 | Edmonton Office Market | Colliers International EDMONTON OFFICE MARKET Q2 2018 STANTEC TOWER ENHANCES CLASS AA DISTRICT, TRICKLE DOWN CHANGES EXPECTED MARKET SUMMARY TO CONTINUE ACROSS SUBMARKETS The Edmonton Office market remained active this quarter The classification of the Class AA building was first introduced in terms of leasing activity. Over the course of the quarter, by Colliers in Q1 2014, in anticipation of new developments that 733,541 SF of space was leased while 556,988 SF of were starting to take shape. Representing the highest quality space was vacated resulting in 176,553 SF of net positive office space available in our market, these buildings were a absorption; this is the highest net positive absorption from premium offering and expected to be the new benchmark. At leasing activity seen over the past 5 years. This quarter also the time, 4 properties made up the Class AA district: EPCOR marked a significant construction milestone as Stantec Tower Tower, Manulife Place, Commerce Place, and Bell Tower. was recognized as being completed. At roughly 643,000 SF of Since then, the Financial Class AA has grown to nearly office space, Stantec Tower is the largest office tower addition double the size with the recent additions of the Enbridge to downtown in the last 30 years. This addition to inventory Centre (formerly the Kelly Ramsey Building), Edmonton was expected to increase vacancy to nearly 20%, however Tower, and Stantec Tower. The "flight to quality" was soon due to conversion activity which had reduced vacancy for the to follow, with tenants moving from Class A space to Class past 2 quarters, vacancy rates have maintained below the AA space. The vacancy created in Class A buildings became peak and are at nearly an identical level to Q3 2016 as can be an attractive option for tenants in a Class B or C building, as seen in Figure 1 below. So far this year conversion activity these opportunities may not have been previously available removed 467,000 SF of vacant office space in Q1 2018, while or feasible for consideration. Additionally, a few tenants have new construction completions this quarter added roughly struck deals to move downtown from other districts, adding 722,000 SF of office space to the market. After accounting to an increasingly diverse tenant mix and vibrancy. for net positive leasing activity, vacant office space in the market increased this quarter over last by roughly 545,000 There are a select number of tenants that are willing to pay SF in Q2 2018, increasing the vacancy rate across downtown the premium price for newer Class AA office space, which and suburban markets 160 basis points from 15.58% in Q1 is significantly more expensive than Class A space, and even 2018 to 17.18% Q2 2018. older Class AA space. So far these tenants have typically been from the government, financial, and legal sectors, as Edmonton Oce Market seen in Figure 2 below. These types of tenants are willing 5 Year Historical Net Absorption and Vacancy by Quarter to pay a premium for AA space for a number of reasons 200,000 20.00% including environmental objectives (top level LEED/BOMA Stantec Tower certifications), efficiency and large floor plate designs, and 18.00% 150,000 the prestige and status that comes with being located within a brand new tower. 16.00% 100,000 Significant Lease Transactions In "AA" Towers Since 2011 14.00% BUILDING TENANT SIZE (SF) YEAR 50,000 EPCOR Tower EPCOR 292,000 2011 12.00% EPCOR Tower Government of Canada 129,000 2011 EPCOR Tower Intuit Canada 48,000 2012 - Enbridge Centre Edmonton Tower 10.00% 7 7 3 7 7 5 6 3 4 3 5 5 6 8 4 6 5 8 4 6 4 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 EPCOR Tower Ernst & Young 21,000 2016 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 1 1 1 1 1 3 3 4 2 3 3 4 3 2 4 2 4 2 4 2 2 Enbridge Centre Enbridge 305,000 2016 Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q 8.00% (50,000) Enbridge Centre Field Law 50,000 2016 Enbridge Centre KPMG Canada 40,000 2016 6.00% Enbridge Centre Parlee McLaws LLP 38,000 2016 (100,000) Edmonton Tower City of Edmonton 395,000 2017 4.00% Edmonton Tower Royal Bank Dominion Securities 47,000 2017 (150,000) Stantec Tower Stantec 410,000 2018 2.00% Stantec Tower PriceWaterhouseCoopers 50,000 2018 EPCOR TOWER BioWare 75,000 2019 (200,000) 0.00% Stantec Tower Dentons 62,000 2019 Net Absorption (SF) Vacancy (%) Stantec Tower DLA Piper 25,000 2019 Figure 1: 5-Year Edmonton Office Market Absorption and Vacancy by Quarter Figure 2: Significant Lease Transactions In Downtown "AA" Towers Since 2011 3 Research & Forecast Report | Second Quarter 2018 | Edmonton Office Market | Colliers International GROWING DOWNTOWN CLASS A OPPORTUNITY space to the Downtown Financial Class A district. At the end of With Stantec’s move from the Government Class A district Q2 2018, vacancy rate in the Government Class A district has to the Financial Class AA district, we expect the "flight to risen from 7.58% to 20.41% and vacancy rate in the Financial quality" to continue for the foreseeable future. The substantial Class A district has also increased albeit at a slower pace, vacancy created by Stantec opens up further mid- and high- from 18.94% to 19.30% this quarter. It is expected that the quality opportunities for tenants to pursue. growing amount of space available in these Class A districts, especially downtown Government, will create opportunities Of the 643,000 SF of office space in Stantec Tower, 460,502 for further "flight to quality" moves from tenants throughout SF is recognized as being leased this quarter. Stantec will the city. be moving from their current premises at Stantec Center, the Devonian Building and Stantec 2, and consolidating into In addition to Stantec, other moves will also add to a growing 410,000 SF in the new Stantec Tower. As a result of the Class A opportunity. PriceWaterhouseCoopers will be move, Stantec Centre and the Devonian Building will become vacating 41,672 SF from TD Tower and leasing 50,502 SF in available, adding 348,271 SF of vacant office space to the Stantec Tower and although not recognized this quarter, DLA Downtown Government Class A district. Stantec 2 will also Piper will be vacating 24,000 SF in Scotia Place and leasing become entirely available, adding 57,000 SF of vacant office 25,317 SF in Stantec Tower in 2019. Edmonton Skyline - Signicant Tenant Movements Upon Stantec Tower Completion STANTEC TOWER MANULIFE PLACE TD TOWER STANTEC STANTEC 2 CENTRE DEVONIAN BUILDING SCOTIA PLACE VACATING VACATING VACATING LEASED VACATING LEASED VACATING LEASED VACATING LEASED 189,304 SF 123,990 SF 57,000 SF 410,000 SF 41,672 SF 50,502 SF 63,000 SF 62,000 SF 24,000 SF 25,317 SF STANTEC DEVONIAN STANTEC 2 STANTEC TD TOWER STANTEC MANULIFE STANTEC SCOTIA PLACE STANTEC CENTRE BUILDING TOWER TOWER PLACE TOWER (2019) TOWER (2019) (2019) (2019) 4 Research & Forecast Report | Second Quarter 2018 | Edmonton Office Market | Colliers International TENANT ACTIVITY LOOKING FORWARD Lease transactions this quarter totalled approximately 733,541 Since Q2 2017, the Edmonton Office market has seen SF, where tenants 10,000 SF and above account for 78% of many changes in both leasing activity and construction that this figure. As Q1 2018 lease transactions totalled 370,000 have resulted in a turbulent, but positive trend towards an SF, our Q2 2018 numbers showed a healthy increase in improving office market. Q4 2017 was the first quarter to leasing activity of roughly double the quarter prior. This return to positive absorption after 11 consecutive negative strong leasing activity has helped mitigate vacancy increases quarters. Since then, both Q1 2018 and Q2 2018 continued as new supply comes onto the market and is suggestive of a the trend of positive absorption, with Q2 2018 posting the positive economic outlook for the City. Tenants are continuing largest quarterly absorption seen over the past 5 years. This to negotiate favorable leases, and with a growing amount of continued and growing leasing activity is a promising sign downtown Government Class A options coming available, that tenants are active in the marketplace and opportunities landlords must continue to remain competitive in what are present for both tenants and landlords who can remain remains a challenging marketplace. competitive. Notable Lease Transactions The recovery of the office market from peak vacancy levels in Q2 2017 is correlated to the economic recovery taking BUILDING TENANT SIZE (APPROX. SF) place in Alberta as key economic indicators forecast either Stantec Tower Stantec Consulting 410,000 stable or slight growth: Bonaventure Gate Alberta Government 57,000 > ATB Financial’s Alberta Economic Outlook forecasting real GDP growth of 2.7% for the remainder of the year.
Recommended publications
  • URBAN DESIGN BRIEF Submitted To: Submitted By: 108 STREET & JASPER AVENUE URBAN DESIGN BRIEF TABLE of CONTENTS

    URBAN DESIGN BRIEF Submitted To: Submitted By: 108 STREET & JASPER AVENUE URBAN DESIGN BRIEF TABLE of CONTENTS

    108 Street and Jasper Avenue INFORMAL PRESENTATION TO EDC & URBAN DESIGN BRIEF Submitted to: Submitted by: 108 STREET & JASPER AVENUE URBAN DESIGN BRIEF TABLE OF CONTENTS 1.0 PROJECT OVERVIEW 1 INSPIRATION 38 OWNERSHIP GROUP 2 4.0 DESIGN INTENT & RESPONSE TO URBAN DESIGN PROJECT TEAM 3 PRINCIPLES 39 INTRODUCTION 4 SITE DESCRIPTION 5 DESIGN OVERVIEW 7 2.0 CONTEXT ANALYSIS 9 SITE IMAGES 10 CAPITAL BOULEVARD 12 JASPER AVENUE 13 LAND USE, FUNCTION, AND CHARACTER 14 ACCESSIBILITY AND CONNECTIVITY 16 URBAN PATTERN 18 BUILT FORM 19 VISUAL QUALITY AND LEGIBILITY 20 3.0 PROPOSED DESIGN 25 PROPOSED DESIGN 27 BUILDING USES 28 SITE PLAN 29 ELEVATIONS 30 ELEVATIONS 32 KEY FEATURES 35 108 STREET & JASPER AVENUE URBAN DESIGN BRIEF i ii 108 STREET & JASPER AVENUE URBAN DESIGN BRIEF 1.0 PROJECT OVERVIEW 108 STREET & JASPER AVENUE URBAN DESIGN BRIEF 1 Page 1 OWNERSHIP GROUP Pangman Development Corporation John Day Developments - John Day is Maclab Development Group is an Probus Project Management is an is an Edmonton-based real estate an Edmonton-born lawyer and local Alberta based development company Edmonton based firm committed to development corporation. Pangman developer with a deep affection where success is long-term. We see project management excellence doesn’t just build buildings. We create for the city, and the projects he ourselves as neighbours developing and bringing integrity to each project innovative spaces that improve undertakes reflect that sentiment. neighbourhoods. As a family-owned while providing innovative and people’s lives. Spaces that honour Recently, John, with Pangman company, our values and our creative solutions based on life cycle the ground they sit on and make Development Corporation acting commitment to our community are performance and sustainability.
  • Stantec Inc. 2011 Business Review

    Stantec Inc. 2011 Business Review

    FOCUS STANTEC INC. 2011 BUSINESS REVIEW One Team. Integrated Solutions. AT STANTEC, OUR FOCUS IS ON SUCCESSFULLY IMPLEMENTING OUR BUSINESS STRATEGY TO CONSISTENTLY DELIVER RESULTS FOR OUR CLIENTS, EMPLOYEES, AND SHAREHOLDERS. From across North America and internationally, we provide our clients integrated design and consulting services in architecture, engineering, interior design, landscape architecture, urban planning, surveying, environmental sciences, economics, project management, and many other disciplines. In simple terms, the world of Stantec is the water we drink, the routes we travel, the buildings we visit, the industries in which we work, and the neighborhoods we call home. TABLE OF CONTENTS 4 Stantec At A Glance* 11 Transportation 22 Growth 8 Buildings 12 Urban Land 24 Sustainability* 9 Environment 15 Our Place in the Industry 28 Our Teams 10 Industrial 16 Our Strategy *Visit www.stantec.com/InvestorRelations.html and click on Reports & Financials for copies of our 2011 Financial Review and 2011 Corporate Sustainability Report. STANTEC INC. 5 STANTEC AT A GLANCE VISION To become and remain a top 10 global design firm. Being top 10 means • Recognition for the quality of our work among the TOP top 10 firms in our industry • Working on complex projects for top, long-term clients • Attracting and retaining highly talented, innovative employees 10 MISSION To be One Team providing integrated solutions to create shared value for our clients, employees, shareholders, and communities. ONE TEAM STRATEGY To achieve our vision, we focus on • Positioning Stantec among the top-three service providers in our geographic locations • Delivering operational excellence FouNdatioN • Providing expertise and value-added services to our clients, with a commitment to excellence in project execution through an integrated management system • Driving a client-focused culture through cross-selling efforts and account management strategies delivered through an integrated “One Team” approach.
  • Real Estate Terminology Matching Exercise in Your Groups Please Match the Following Terms to the the Best Possible Definition

    Real Estate Terminology Matching Exercise in Your Groups Please Match the Following Terms to the the Best Possible Definition

    APPENDIX Real Estate Terminology Matching Exercise In your groups please match the following terms to the The best possible definition. terms for #27 are provided next to mortgage terms. Terms: Business Taxes, Return on Investment (ROI), Net Rent, Anchor, Gross Building Area (GBA), Density, Annual Debt Service, Term, Capitalization and Capitalization Rate, Vacancy, Net Effective Rent , Market Value, Common Area, Common Area & Maintenance Costs (CAM), Common Retail Unit (CRU), Tenant Improvements (TI’s), Occupied Space, Debt, Discounting and Discount Rate, Renewal, Efficiency, Equity, Operating Costs, Return on Equity (ROE), Floor Area Ratio (FAR), Gross Rent, Gross Rent Multiplier (GRM), Interim Financing, Internal Rate of Return (IRR), Inducements, Lead Tenant, Rent Step, Leverage, Loan to value ratio (LTV), Management Costs, Property Taxes, Market Rent, Mortgage, Net Absorption, Net Absorption Rate, Net Operating Income, Net Present Value, Net Rentable Area, Occupancy Rate, Percentage Rent, Vacancy Rate, Sub-lease Space, Site Area 1. A large (usually retail) tenant that often pays less rent, but is used to attract other retail tenants to the complex. 2. Is the annual periodic payment of interest and principal required to amortize a mortgage loan (sometimes referred to as the carrying charge). 3. A municipal tax that is charged directly to tenants. In Calgary, it is based upon a percentage of net rent. 4. This is calculated by dividing the net operating income by the sale price. This is often used an expression of expected risk and return. The market value of a property can be estimated by dividing its net operating income by this. 5. The non-rentable areas of a building, including lobbies, hallways, elevators, stairs, loading and parking facilities, maintenance and operational areas.
  • Empire Building Main Floor Retail in Downtown 10080 Jasper Avenue Nw I Edmonton I Ab Office Tower

    Empire Building Main Floor Retail in Downtown 10080 Jasper Avenue Nw I Edmonton I Ab Office Tower

    EMPIRE BUILDING MAIN FLOOR RETAIL IN DOWNTOWN 10080 JASPER AVENUE NW I EDMONTON I AB OFFICE TOWER 2,958 SF UNIT 1,419 SF UNIT ALEX FU HIGHLIGHTS Associate 780.540.5328 [email protected] ▪ 2,958, 1,419 & 1,392 SF UNITS AVAILABLE ON MAIN FLOOR ERIC SLATTER ▪ 400 SF BELOW GRADE UNIT, GROSS RENT STRUCTURE AVAILABLE Partner 780.540.5322 ▪ Mixed-use office building on Jasper Avenue [email protected] ▪ Located in the downtown core, surrounded by office towers, hotels and residential OMADA COMMERCIAL 1400 Phipps-McKinnon Building ▪ Property located on major intersection, with high visibility to 10020 101A Ave, Edmonton AB T5J 3G2 780.540.5320 I omada-cre.com traffic ▪ 1,419 SF unit fixtured for quick serve restaurant 780.540.5320 OMADA-CRE.COM EMPIRE BUILDING 10080 JASPER AVENUE NW I EDMONTON I AB FEATURES ▪ Vacancy: 1,392 SF Main Floor ▪ Legal: Lot 21, Block , Plan F 1,419 SF Main Floor ▪ Access: Jasper Avenue 2,958 SF Main Floor (demisable) ▪ Zoning: Core Commercial Arts Zone (CCA) 400 SF Basement ▪ Basic Rent: Negotiable ▪ Municipal: - 10080 Jasper Avenue Op Costs: $13.67 PSF (2020 est.) - 10119 101 Street NW ▪ - 10082 Jasper Avenue ▪ Signage: Fascia - Unit B102 10080 Jasper Avenue ▪ Tenant Mix:Starbucks, Top Donair, Bistro Praha, Money Mart MAIN FLOOR FRONTAGE TO LOCATED IN THE HEART DEMISABLE JASPER AVENUE OF DOWNTOWN CORE MAIN FLOOR PLAN BASEMENT FLOOR PLAN BUILDING STORAGE TENANT STORAGE ELECTRICAL BOILER ROOM TOTAL METERS 1,419 SF TENANT STORAGE UNITS STORAGE BUILDING STORAGE LOADING DOCK AREA TOTAL 101 STREET 400 SF STORAGE
  • We Create Communities

    We Create Communities

    Management Information Circular March 20, 2015 We create communities Stantec Inc. 1 Invitation to Shareholders 8 Notice of Annual General Meeting 9 Questions and Answers on Voting 10 Business of the Meeting 13 1 Financial Statements 13 2 Election of Directors 13 3 Appointment of Auditor 13 4 Nonbinding Advisory Vote on Executive Compensation 14 Nominees for Election to Board of Directors 15 Director Compensation 22 Compensation Philosophy and Approach 22 Components of Compensation 22 Directors’ Total Compensation for 2014 24 2015 Director Compensation Review 24 Board of Directors Information 25 Role and Duties of the Board of Directors 25 Corporate Governance Practices 26 Composition of the Board 27 Serving on Our Board 29 Committee Reports 32 Audit and Risk Committee 32 Corporate Governance and Compensation Committee 34 Executive Compensation Overview 36 Letter from the Corporate Governance and Compensation Committee 36 Compensation Discussion and Analysis 38 2014 Compensation Details 48 Employment Agreements 50 Additional Information 54 Currency 54 Stock Split 54 Interest of Certain Persons in Matters to be Acted Upon 54 2014 Shareholder Proposals 54 Continuous Disclosure 54 Shareholder Feedback 55 Directors’ Approval 55 Schedule A - Activities of the Audit and Risk Committee in 2014 56 Schedule B - Activities of the Corporate Governance and Compensation Committee in 2014 58 Schedule C - Stantec Long-Term Incentive Plan 59 2 2015 Management Information Circular Stantec Inc. 3 . 4 2015 Management Information Circular Stantec Inc. 5 6 2015 Management Information Circular Stantec Inc. 7 Invitation to Shareholders Dear Fellow Shareholder: The Stantec board of directors and management team invite you to attend the annual general meeting of shareholders of Stantec Inc.
  • Welcome to Your CDP Climate Change Questionnaire 2020 C0. Introduction

    Welcome to Your CDP Climate Change Questionnaire 2020 C0. Introduction

    Stantec Inc. CDP Climate Change Questionnaire 2020 (Score A-) Welcome to your CDP Climate Change Questionnaire 2020 C0. Introduction C0.1 (C0.1) Give a general description and introduction to your organization. Stantec Inc. is a global professional services company that trades on the TSX and on the NYSE. We are designers, engineers, scientists, and project managers innovating together to support a more sustainable world. We provide professional consulting services in planning, engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics. Our 2019 gross revenue was $4.8 billion. Sustainability is critical to ensure our long-term competitiveness: it helped us achieve our position as a top-rated global design firm and remain profitable every year since our founding in 1954. At Stantec, we recognize that managing our business with a triple-bottom-line focus benefits our people, clients, investors, and planet. Environmental, social, and governance (ESG) initiatives position our Company for the future and save the Company money by introducing efficiencies; providing a foundation for effective decision-making, risk management, and transparency; driving innovation; supporting our brand; and improving recruitment and retention. We take responsibility for the impacts of our internal operations by choosing approaches that are least likely to impact the environment, providing an inclusive and equitable workplace for our employees, actively volunteering in and engaging with our communities, and demonstrating ethical business behavior. Stantec is committed to sustainable operations, but we recognize that our most positive impact to the world comes from the services we deliver to clients. At Stantec, we support a more sustainable future for our clients.
  • Symbol Company Market Maker Market Maker Type Effective Date ACB AURORA CANNABIS INC. Canaccord Genuity Corp. (#033) Full 12/13/2016 ASO AVESORO RESOURCES INC

    Symbol Company Market Maker Market Maker Type Effective Date ACB AURORA CANNABIS INC. Canaccord Genuity Corp. (#033) Full 12/13/2016 ASO AVESORO RESOURCES INC

    Symbol Company Market Maker Market Maker Type Effective Date ACB AURORA CANNABIS INC. Canaccord Genuity Corp. (#033) Full 12/13/2016 ASO AVESORO RESOURCES INC. J Canaccord Genuity Corp. (#033) Full 12/13/2016 CNL CONTINENTAL GOLD INC. J Canaccord Genuity Corp. (#033) Full 12/13/2016 ECN ECN CAPITAL CORP. Canaccord Genuity Corp. (#033) Full 12/13/2016 FF FIRST MINING FINANCE CORP. Canaccord Genuity Corp. (#033) Full 12/13/2016 GCM GRAN COLOMBIA GOLD CORP. J Canaccord Genuity Corp. (#033) Full 12/13/2016 LAC LITHIUM AMERICAS CORP. J Canaccord Genuity Corp. (#033) Full 12/13/2016 LUC LUCARA DIAMOND CORP. J Canaccord Genuity Corp. (#033) Full 12/13/2016 NYX NYX GAMING GROUP LIMITED Canaccord Genuity Corp. (#033) Full 12/13/2016 SWY STORNOWAY DIAMOND CORPORATION J Canaccord Genuity Corp. (#033) Full 12/13/2016 USA AMERICAS SILVER CORPORATION J Canaccord Genuity Corp. (#033) Full 12/13/2016 WEED CANOPY GROWTH CORPORATION J Canaccord Genuity Corp. (#033) Full 12/13/2016 XRE ISHARES S&P/TSX CAPPED REIT INDEX ETF UN Canaccord Genuity Corp. (#033) Full 12/13/2016 CCX CANADIAN CRUDE OIL INDEX ETF CL 'A' UN CIBC World Markets Inc. (#079) Full 6/13/2017 CGL ISHARES GOLD BULLION ETF HEDGED UNITS CIBC World Markets Inc. (#079) Full 6/13/2017 CIC FIRST ASSET CANBANC INCOME CLASS ETF CIBC World Markets Inc. (#079) Full 6/13/2017 CMR ISHARES PREMIUM MONEY MARKET ETF UNITS CIBC World Markets Inc. (#079) Full 6/13/2017 DXM 1ST ASST MORNSTAR CDA DIV TARGET 30IDX ETF UN CIBC World Markets Inc.
  • FOR LEASE WORLD TRADE CENTRE EDMONTON 9990 Jasper Avenue | Edmonton

    FOR LEASE WORLD TRADE CENTRE EDMONTON 9990 Jasper Avenue | Edmonton

    FOR LEASE WORLD TRADE CENTRE EDMONTON 9990 Jasper Avenue | Edmonton Up to 9,161 SF full floor opportunity available immediately. Position your company in the heart of downtown Edmonton’s central business hub. Property Details Address 9990 Jasper Avenue, Edmonton Available Space Suite 200 9,161 SF Lease Rate $12.00 PSF Operating Costs $14.62 PSF (2021) T.I Allowance Negotiable Parking Ample parking nearby • Character office building in the heart of downtown Edmonton • Positioned on the desirable corner of 100 Street and Jasper Avenue • Raw, open space ready for design and development • Demisable office space for 2 or 3 tenants • Access to a boardroom and conference facility • Surrounded by a plethora of restaurants, coffee shops, hotels, and retail shops; Ruth’s Chris Steak House located on the main floor of the building • Several green areas/parks nearby including River Valley trails • Within walking distance from several amenities including Sir Winston Churchill Square, Stanley A. Milner Public Library, Edmonton Law Courts, Edmonton Convention Centre, Winspear Centre, Art Gallery of Alberta, Citadel Theatre and Canada Place • Exterior building signage opportunities Raw, open space ready for design and development. UP DN ELEV ELEV DN UP Floor Plan | Suite 200 | 9,161 SF Proposed Layouts Design a space that reflects your brand. Full Floor Opportunity (Single Tenant Plan) Multi-Tenant Floor Plan ENTRY A ENTRY B ENTRY C Potential 3,370 SF 1,840 SF 2,415 SF Demisable Sizes 15 8 9 P 104 Avenue P 2 P 1 P 10 3 99 Street 99 103 Avenue Street 99
  • Edmonton Tower

    Edmonton Tower

    EDMONTON TOWER Located on 104 Avenue, Edmonton Tower features 27 unparalleled storeys of office and retail space. Public art outside of the building and an attractive lobby greet tenants alongside service retail. Within the office building, restaurants, cafés and other conveniences welcome guests into the building. On the fourth floor, Kids & Company child care service is available and has easily accessible pick-up and drop-off from the parkade. indulge 15 14 celebrate 07 09 21 13 08 10 11 innovate 12 20 22 19 03 11 18 05 06 16 ICE District is more than 25 acres in the heart of downtown Edmonton and will 04 be Canada’s largest mixed-use sports and 02 entertainment district. At the core of ICE District is Rogers Place where the best of the best will play on stage and on ice. A busy, dynamic neighbourhood shaped by premium office space, high-end residences, JW Marriott Edmonton ICE District, shops, restaurants and amenities. This is Edmonton’s most prestigious address 01 with Edmonton’s tallest towers and access to unrivaled amenities, facilities, services and entertainment. Not to mention a competitive edge to attract and retain top class employees. This is ICE District, your business belongs here. OPEN 2019 2020 01 MACEWAN LRT STATION 09 STANTEC TOWER 15 SKY RESIDENCES AT ICE DISTRICT 21 AIR RESIDENCES 02 ROGERS PLACE 10 BOSTON PIZZA 16 RETAILS ATTRACTIONS 03 FORD HALL 17 CINEPLEX ULTRAAVX & VIP CINEMAS beyond 04 EDMONTON DOWNTOWN COMMUNITY ARENA 2019 18 GROCERY 22 AIR RESIDENCES 05 GRAND VILLA EDMONTON CASION 11 PUBLIC PLAZA 19 POWERED BY BENNETT FITNESS 06 OILERS ENTERTAINMENT GROUP HEADQUARTERS 12 REXALL DRUGSTORE 20 OLIVER & BONACINI RESTAURANTS 07 EDMONTON TOWER 13 JW MARRIOT 08 KIDS & COMPANY CHILD CARE 14 THE LEGENDS PRIVATE RESIDENCES Locating your workplace in ICE District means elevating business opportunities BEYOND To reduce our carbon footprint, ICE District promotes the green leasing initiatives of the BOMA Go Green – BOMA BESt (Building Environment Standards) program and is designed to LEED Gold Standards.
  • Awards of Excellence in Corporate Reporting JUDGES’ BOOK 2016

    Awards of Excellence in Corporate Reporting JUDGES’ BOOK 2016

    Awards of Excellence in Corporate Reporting JUDGES’ BOOK 2016 A proud heritage, a bright future We celebrate a milestone Presentation is also changing dramatically. this year–the 65th anniversary Organizations today augment printed materials of the Awards of Excellence with electronic formats that cover a spectrum of in Corporate Reporting social media platforms and include mobile apps (CR Awards). and dynamic interactive analytical tools. A lot has changed in corporate reporting in that time and the Raising the bar CPA Canada is proud to recognize the companies program has evolved to help reporters stay ahead and Crown organizations that rise to meet these of those changes. When it launched in 1951 as ever-evolving challenges. Spotlighting excellence the Annual Report Awards, the competition was sets a clear path for others. Yesterday’s innovations open to public companies only. Judges reviewed become today’s table stakes. The bar moves higher. hard copy annual reports that contained very little information beyond the fi nancials. Some Fostering continual improvement is a primary 40 years later, Management Discussion and objective of the CR Awards. All entrants receive Analysis was added. In the 1990s the program feedback from the judges that shows how they further expanded to include environmental measured up against benchmarks and provides reporting and corporate governance disclosures. advice for improvement. The Electronic Disclosure category was included in 2001. We opened the competition to Crown organizations in 2007. Moving forward with strength Looking back on 65 years gives important context about where corporate reporting has been. The Increasingly complex needs require landscape will continue to change and strong sophisticated reporting Canadian companies will continue to respond in kind.
  • The Leaders, Volume 11 Construction and Engineering Items Appearing in This Magazine Is Reserved

    The Leaders, Volume 11 Construction and Engineering Items Appearing in This Magazine Is Reserved

    SHARING YOUR VISION. BUILDING SUCCESS. Humber River Hospital, Toronto ON 2015 Dan Schwalm/HDR Architecture, Inc. We are Canada’s construction leaders. We look beyond your immediate needs to see the bigger picture, provide solutions, and ensure that we exceed your expectations. PCL is the proud builder of Canada’s landmark projects. Watch us build at PCL.com Message from Vince Versace, National Managing Editor, ConstructConnect 4 East and West connected by rail 6 On the road: the Trans-Canada Highway – Canada’s main street 21 Chinese workers integral in building Canada’s first megaproject 24 Canada’s most transformational project, the building The CN Tower: Canada’s iconic tower 53 of the Canadian Pacific Railway. From the ground up: building Canada’s parliamentary precinct 56 CanaData Canada’s Economy on Mend, but Don’t Uncork the Champagne Just Yet 14 Fighting the Fiction that Prospects are Nothing but Rosy in Western Canada 26 In Eastern Canada, Quebec is Winning the Accolades 60 Canada’s Top 50 Leaders in Construction 5 Leaders in Construction – Western Canada 28 Leaders in Construction – Eastern Canada 62 Advertisers’ Index 90 www.constructconnect.com Publishers of Daily Commercial News and Journal of Commerce Construction Record 101-4299 Canada Way 3760 14th Avenue, 6th Floor Burnaby, British Columbia Markham, Ontario L3R 3T7 V5G 1H3 Phone: (905) 752-5408 Phone: (604) 433-8164 Fax: (905) 752-5450 Fax: (604) 433-9549 www.dailycommercialnews.com www.journalofcommerce.com CanaData www.canadata.com Mark Casaletto, President John Richardson, Vice President of Customer Relations Peter Rigakos, Vice President of Sales Marg Edwards, Vice President of Content Alex Carrick, Chief Economist, CanaData Vince Versace, National Managing Editor Mary Kikic, Lead Designer Erich Falkenberg, National Production Manager Kristin Cooper, Manager, Data Operations Copyright © 2017 ConstructConnect™.
  • Enbridge Centre Tenant Information Manual

    Enbridge Centre Tenant Information Manual

    Enbridge Centre Tenant Information Manual Table of Contents 1. General Information …………………………………………………………………………………... 2 1.1 Building Overview ………………………………………………………………………………….…… 2 1.2 Property Management ………………………………………………………………………….……. 2 1.3 Visitor Registration …………………………………………………………………………………….. 3 1.4 Access Control Cards ……………………………………………………………………………….…. 3 1.5 Lost and Found ……………………………………………………………………………………….….. 3 1.6 Passenger Elevators ……………………………………………………………………………..…….. 4 1.7 Loading Dock and Service Elevators ………………………………………………….………… 4 1.8 Damage to Finishes …………………………………………………………………………………….. 6 1.9 Insurance Requirements …………………………………………………………………………..… 6 1.10 Emergency Procedures …………………………………………………………………………….... 6 1.11 General Maintenance …………………………………………………………………………………. 7 1.12 Public Transportation …………………………………………………………………………………. 7 2. Tenant Amenities ……………………………………………………………………………………….. 8 2.1 Parking ……………………………………………………………………………………………………….. 8 2.2 Bicycle Storage Room …………………………………………………………………………………. 8 2.3 Canada Post Mail Box …………………………………………………………………………………. 8 2.4 Safe Walk ……………………………………………………………………………….…………………… 8 3. Building Services …………………………………………………………………………………………. 9 3.1 Janitorial Services ……………………………………………………………………………………….. 9 3.2 Security Services ………………………………………………………………………………………… 10 5. Building Rules and Regulations …………………………………………………………………… 11 Exhibits A. Janitorial Services B. HinesGo C. Bicycle Storage and Locker Room Rules and Regulations Access Fob Request Form 1 General Information 1.1 Building Overview Enbridge