DOCSLIB.ORG

Q1 2015 BTY.COM 3 Canada: a Continuing Success Story OVERVIEW More People, More Investment, More Projects

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Q1 2015 BTY.COM 3 Canada: a Continuing Success Story OVERVIEW More People, More Investment, More Projects Market Q1 Intelligence 2015 Report Oil price bust is a boon to other sectors BTY.COM Contents 5 Overview 5 Escalation Summary 6 Regional Snapshots 6 Ontario 8 British Columbia 10 Alberta 12 Saskatchewan 14 Quebec 16 Manitoba 17 Atlantic Region 18 United States 20 Cost Data Parameters Comparison FEATURED STORIES 4 Canada: a continuing success story 5 More people, more investment, more projects 9 Taller wood buildings gain ground across Canada 11 Major mining prospects north (and south) of 60 13 Mobility is key for meeting labour demand 15 Making the most of modular construction 19 U.S. has potential to become world’s largest market for P3 projects 2 BTY Group Market Intelligence Report - Q1 2015 BTY.COM 3 Canada: a continuing success story OVERVIEW More people, more investment, more projects Joe Rekab Toby Mallinder Gord Smith Managing Partner Partner Partner WELCOMING 2015 WITH CONFIDENCE EXPORTING OUR EXPERTISE CELEBRATING P3 ACCOMPLISHMENTS A lower oil price notwithstanding, housing starts reflect the steady influx: 2015 Escalation the continuing flow of people to, and 189,000 units in 2014 and 189,500 in 2015. It’s an ill wind that blows no good – so goes Resurgent U.S. and overseas economies The continuing success of the Canadian investment in Canada will help keep Summary the old saying. The drop in the price of oil are also creating opportunity for the construction industry is due in no small workloads stable in 2015. Sustained Construction will remain strong in BC, may be painful for oil producing provinces, Canadian construction industry. Many of measure to the projects procured using investment in the energy sector in while activity levels settle back from Downward pressure is but it is blowing plenty of good across other Canada’s leading builders have taken on the P3/AFP models. And the Canadian P3 particular – hydro, oil and gas, and record levels of prior years in Alberta and coming from: sectors of the Canadian economy. Consider large Public Private Partnerships (P3) model’s reputation as best in class is well renewables – will combine with a steady Saskatchewan. The silver lining there is the growth drivers in this time of lower- infrastructure projects in the U.S. BTY grounded in the numbers. stream of immigrants that supports much lower cost escalation and easing • Forecast for continued modest cost oil, lower value Canadian dollar, and has been there to assist them (and U.S. residential demand to power steady growth labour demand for skilled trades. economic growth now even lower interest rates: builders) with our P3 advisory services. The value of projects that have reached in the construction industry. An estimated • Lower oil prices See more about the burgeoning U.S. P3 financial close exceeds $70 billion – and the $675 billion worth of projects – 75% of Bolstered by increasing demand from • Softer commodity prices (except • Intensive energy users such as market on page 19. models have a nearly impeccable record of them in the energy sector – are underway a strengthening U.S. economy, a lower lumber) that could cause a manufacturing, mining, agriculture, projects completed on-time and on-budget. or planned over the next decade. The lower loonie that favours manufacturing exports, decrease in materials costs and forestry are enjoying huge cost The growing U.S, market is also fertile Over the past decade The AFP/P3 model has oil price and legal and environmental continued infrastructure and other • Tighter restrictions on mortgage savings. ground for developing new markets for our delivered an estimated $9.9 billion in cost challenges may cause delays, but long- non-residential spending, and resilient • Demand for their output is rising as Cost Management and Project Monitoring savings for taxpayers over the traditional term, the tide is rising for oil and gas, residential sectors in their big cities, lending the U.S. economy continues to post services lines. In fact, we have opened two procurement method. That may help explain liquid natural gas, and hydroelectric as Ontario and Quebec will see accelerated impressive gains. new offices – in Los Angeles and Phoenix – why P3s are also becoming more popular well as renewable energy projects. About growth, as will Manitoba. Atlantic Canada Upward pressure on pricing • The lower Canadian dollar makes to serve the industry across the U.S. More across the U.S. See page 19 for more on half of the foreign direct investment in is again seeing record investment in is coming from: their exports more affordable – and on that on page 18. that. Canada – an estimated $343 billion in 2013 major projects, but the lower oil price Canada a more attractive place for – went to manufacturing, oil and gas and in Newfoundland and Labrador, and foreign investment. BTY has also been leveraging the Today, there are 220 P3/AFP projects mining. The lower loonie will only increase population losses elsewhere, sap the • A weakening Canadian dollar, international expertise, experience in operation, under construction, or in Canada’s appeal to foreign investors. vitality of overall construction activity. raising the cost of imported The lower cost of energy and borrowing and global networks of many of our procurement across Canada. The P3/ goods primes the pump for business to expand team members. And the reputation for AFP model has been used successfully for Continuing high levels of immigration The consensus view among major banks • Sustained spending on with capital investment in commercial and excellence that our firm enjoys. We’ve been transportation, transit, healthcare, justice, targeted at 285,000 in 2015 – and a total is that Canada’s GDP growth in 2015 will infrastructure industrial projects. Consumers (especially building new relationships with authorities, education, sports venues, and recreation of more than 2 million since 2006 – are be closer to 2.1% than earlier forecasts of • Continuing strong immigration car owners) have more to spend on goods agencies, and lenders in Europe, Asia, projects. also supporting Canada’s position as 2.5%. The Bank of Canada is expected to • Low interprovincial migration of and services, including homes. and Africa to provide services on projects a construction powerhouse. These continue to keep interest rates at or near skilled trades to meet regional in growing economies overseas. They, Ontario leads the way with more than 100 newcomers drive our 1.2% annual the historic lows of the past half-decade, demand We expect the construction industry to too, are discovering the benefits of P3 AFP projects. BC has more than 40 P3 population growth, almost double that of at least until the second half of 2015. The share in the good with lower costs for procurement. Many around the world now projects in procurement, under construction the U.S., and support robust residential lower rate serves to dampen inflation, transportation, easing demand for skilled regard the Canadian P3 model as best in or in operation. Alberta, Quebec and New construction, especially in the core of large which should also help to keep overall trades, and stronger competition (and class for innovation in delivering projects Brunswick have all used the model, and the urban centres as more and more people construction escalation low in 2015. weaker margins) among contractors. All of most cost effectively. government of Saskatchewan has mandated move downtown. The projections for stable these factors will help keep cost escalation that procurement be prioritized through P3 in check. These benefits strengthen our The potential for the construction industry where possible. ESCALATION FORECAST 2015 already positive outlook based on the we see in Canada is mirrored by perhaps Ontario 2%-4% strong construction pillars of immigration, even greater opportunity overseas – The performance of P3/AFP projects to British Columbia 1%-2% investment and infrastructure detailed in more good reason to welcome 2015 with date – and their prospects for even wider Alberta 0%-2% the Overview on the facing page. confidence. adoption and use – are part of the continuing Saskatchewan 0%-2% success story of Canada’s construction Manitoba 1%-2% The Canadian construction industry is industry. Quebec 1%-3% highly adaptable. It shifted smoothly to Atlantic Region 0%-2% public infrastructure after the financial crisis, then to private sector mega projects as growth drivers. We believe it will adapt again. It’s why we call the Canadian construction industry a continuing success story – and are welcoming 2015 with confidence. 4 BTY Group Market Intelligence Report - Q1 2015 BTY.COM 5 REGIONAL SNAPSHOTS ESCALATION SUMMARY 2014 : 1-2% 2015 : 2-4% 2016 : 2-4% Ontario Ontario set to surge with boost from lower loonie ntario will be the big winner with Big-ticket items include Eglinton Buttonville comprises 9 million to 10 Preliminary Construction lower priced oil, a lower dollar Crosstown Light Rail Transit, Spadina million square feet of mixed-use space, Investment Projection for 2015 and interest rates, and its location Subway Extension, and the Union Station while the West Don Lands will have 6,000 Oclose to major U.S. markets as the U.S. Revitalization. The Mayor of Toronto’s residential units. in $ billions Source: Buildforce economy revs up. Expect these factors vision for SmartTrack, a 53km surface 0 20 40 to work together to boost the province’s subway, 90% of which will be on existing Office projects such as 1 York, 100 Maintenance manufacturing and exports and make it GO Train tracks, will also be a significant Adelaide West, and the Bay Adelaide 10.6b Canada’s growth leader. investment within the GTA over the next East Tower are some of the more high few years. Other major transportation profile projects of the more than 5.9 “Ontario manufacturers and Residential/ Renovation Strong non-residential building projects include Ottawa Light Rail, million square feet of commercial space exporters can expect a bump from 37.2b and a still robust housing sector – Kitchener Waterloo Cambridge Rapid under construction in downtown Toronto.
Load more

Recommended publications
  • 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.
    [Show full text]
  • 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.
    [Show full text]
  • January 2007 2007CRS017 Attachment 1 Table of Contents
    2007CRS017 Attachment 1 Draft - January 2007 2007CRS017 Attachment 1 Table of Contents Executive Summary .......................................... 3 CSC General Model .......................................... 5 CSC Funding ................................................... 7 Edmonton & The Capital Region ......................... 8 Potential Partners ............................................ 10 Rationale ........................................................ 12 In Closing ....................................................... 13 Edmonton Sport Council Honorary Directors P.O. Box 637, Station Main Lyle R. Best Edmonton, AB T5J 2K8 Ken Fiske Tel: (780) 49-SPORT (497-7678) Cathy King Fax: (780) 426-3634 Wendy Kinsella http://www.edmontonsport.com The Honourable Norman L. Kwong, CM, AOE Lieutenant Governor of Alberta Patrick LaForge Board of Directors John Ramsey Susan Agrios Dr. Robert Steadward O.C. Glenn Duncan The Honourable Judge James K. (Jim) Wheatley Kelly Eby Peter Harcourt Brandon Mewhort Kara Murray Staff Georgette Reed - Secretary / Treasurer Gary Shelton - Executive Director Darryl Szafranski George Multamaki - Project Director Marian Stuffco - Chairperson Aminah Syed - Office & Communications R.A. (Dick) White - Vice Chairperson Coordinator Carla Wilson 2 2007CRS017 Attachment 1 Executive Summary A Call for Support Edmonton’s elite athletes and coaches deserve the same opportunity to excel as their counterparts across Canada. In order to give them that level playing field, the Edmonton Sport Council would like your support in developing a Canadian Sport Centre (CSC) in Edmonton. The concept of a CSC began more than 15 years ago with a pilot centre in Calgary. Since that time, the concept of dedicated multi-sport training and support facilities for athletes and coaches has also proven beneficial in Victoria, Vancouver, Saskatoon/Regina, Winnipeg, Toronto, Montreal and Atlantic Canada. While each Centre is unique in its facilities and scale of services, all share a common mission and vision.
    [Show full text]
  • Market Intelligence Report - Q1 2015 BTY.COM 3 Canada: a Continuing Success Story OVERVIEW More People, More Investment, More Projects
    Market Q1 Intelligence 2015 Report More people, more investment, more projects BTY.COM Contents 5 Overview 5 Escalation Summary 6 Regional Snapshots 6 Ontario 8 British Columbia 10 Alberta 12 Saskatchewan 14 Quebec 16 Manitoba 17 Atlantic Region 18 United States 20 Cost Data Parameters Comparison FEATURED STORIES 4 Canada: a continuing success story 5 More people, more investment, more projects 9 Taller wood buildings gain ground across Canada 11 Major mining prospects north (and south) of 60 13 Mobility is key for meeting labour demand 15 Making the most of modular construction 19 U.S. has potential to become world’s largest market for P3 projects 2 BTY Group Market Intelligence Report - Q1 2015 BTY.COM 3 Canada: a continuing success story OVERVIEW More people, more investment, more projects Joe Rekab Toby Mallinder Gord Smith Managing Partner Partner Partner WELCOMING 2015 WITH CONFIDENCE EXPORTING OUR EXPERTISE CELEBRATING P3 ACCOMPLISHMENTS A lower oil price notwithstanding, housing starts reflect the steady influx: 2015 Escalation the continuing flow of people to, and 189,000 units in 2014 and 189,500 in 2015. It’s an ill wind that blows no good – so goes Resurgent U.S. and overseas economies The continuing success of the Canadian investment in Canada will help keep Summary the old saying. The drop in the price of oil are also creating opportunity for the construction industry is due in no small workloads stable in 2015. Sustained Construction will remain strong in BC, may be painful for oil producing provinces, Canadian construction industry. Many of measure to the projects procured using investment in the energy sector in while activity levels settle back from Downward pressure is but it is blowing plenty of good across other Canada’s leading builders have taken on the P3/AFP models.
    [Show full text]
  • Archaeological Society of Alberta Annual Conference
    Archaeological Society of Alberta Annual Conference May 1st, 2021 Self-Guided Field Trips Organized By ASA Edmonton Centre ASA Red Deer Centre ASA Bodo Centre ASA Calgary Centre ASA Lethbridge Centre ASA Southeastern Centre The six centres of the Archaeological Society of Alberta are pleased to offer you self-guided field trips for the afternoon portion of the 2021 ASA Annual Conference, held virtually this year. In lieu of the traditional field trip organized by the hosting centre, each centre has organized a self-guided walking or driving tour of local archaeological and historical sites for members to visit. You are invited to participate in the field trip at your own leisure. If you wish to visit field trips provided by the other centres, they are all provided in this packet. Happy and safe travels! The Archaeological Society of Alberta would like to acknowledge the Indigenous Peoples of all the lands that we are on today. We would like to take a moment to acknowledge the importance of the lands we share and call home. We do this to reaffirm our commitment and responsibility in improving relationships between nations and improving our own understanding of local Indigenous peoples and their cultures. This is the ancestral and unceded territory of the people of Treaty 4, 6, 7, 8, and 10 as well as the Métis homeland. Their histories, languages, and cultures have enhanced and continue to enrich our province and our organization. We acknowledge the harms and mistakes of the past and consider how we can move forward in a spirit of truth, reconciliation, and collaboration.
    [Show full text]
  • There Is Something Incredible Taking Place in the Heart of Edmonton
    There is something incredible taking place in the heart of Edmonton... Nathaniel Dyck | Downtown Business Association | August 28, 2012 A Summary of Downtown Edmonton’s Development Prospects for the Next Five Years P. 2 TABLE OF CONTENTS Executive Summary 4 Introduction 8 Summary of Developments 12 Probable Projects 12 Proposed Projects 24 Rumored Projects 28 Conclusion 34 EXECUTIVE SUMMary Downtown is more than just another city neighborhood. In addition Projects, $0.7B represent Proposed Projects and $2.1B represent to housing over 12,000 residents, it is a major regional employment Rumored Projects. Developments have been further organized into centre and a hub for business, government and culture in Edmonton. three categories: Commercial, Residential and Municipal & Other. It is also home to many of Edmonton’s educational, cultural, and Below is a chart summarizing the estimated development values of recreational facilities. Consequently the pulse of the entire city each category. originates from Downtown. This report, commissioned by the Downtown Business Association, Summary of Developments takes a cumulative look at all of Downtown Edmonton’s development Probable Proposed Rumored Total prospects over the next five years. ($M) ($M) ($M) ($M) The results are impressive! Downtown is poised to experience up Commercial 305 15 1,376 1,696 to nearly five billion dollars worth of real estate development and Residential 200 260 306 766 capital investment between now and the end of 2017. There is Municipal indeed something incredible taking place in the heart of Edmonton. 1,528 378 445 2,351 & Other The following report organizes projects into three categories: Total 2,033 653 2,127 4,813 Probable Projects include developments that are under construction, are expected to be proceeding soon or that exhibit evidence of having a high probability of commencing within the next five 2500 years.
    [Show full text]
  • Pre-Consultation Summary Report
    Maclab Development Group Pangman Development Corporation John Day Developments Probus Project Management 108 STREET AND JASPER AVENUE DC2 REZONING PRE-APPLICATION CONSULTATION SUMMARY REPORT Prepared for Maclab Development Group Pangman Development Corporation John Day Developments Probus Project Management by: ParioPlan Inc. 108 Street and Jasper Avenue Pre-application Consultation Summary Report TABLE OF CONTENTS 1.0 INTRODUCTION AND PURPOSE ...................................................1 2.0 CONSULTATION EVENTS .............................................................2 2.1 Meeting with the Downtown Edmonton Community League and Downtown Business Association ............................................................................................................................2 2.2 Meeting with Ward 6 Councillor Scott McKeen ....................................................................2 2.3 Pre-Application Letter Mailout ............................................................................................3 2.4 Communication with Council and Mayor..............................................................................4 2.5 Edmonton Design Committee Informal Presentation ............................................................4 3.0 NEXT STEPS ................................................................................8 108 Street and Jasper Avenue Pre-application Consultation Summary Report 108 Street and Jasper Avenue Pre-application Consultation Summary Report 1.0 INTRODUCTION AND PURPOSE Maclab
    [Show full text]
  • Car Trek: the Next Generation
    Winter 2016, iSSUe 17 APPI PLANNIN Alberta Professional Planners Institute Conference Edition Car Trek: The Next Generation Edmonton's Downtown Changing for Good APPI 2015 Planning Awards SUBMITTED BY Cities and Environment Unit, Dalhousie University APPI Council Earn CPL Learning Units! President Misty Sklar, rPP, MCiP By preparing an article for publication you can earn between 3.0 and 6.0 Past President Eleanor Mohammed, rPP, MCiP structured learning units. For more information, please review the seCretary Continuous Learning Program Guide found on the APPI website or visit Mac Hickley, rPP, MCiP treasurer http:/www.albertaplanners.com/sites/default/files/CPLGuideUpdateNov 2014.pdf Jon Dziadyk, rPP, MCiP CounCillor Ken Melanson, rPP, MCiP , ISSue 13 Summer 2014 CounCillor APPI PLANNIN Alberta Professional Planners Institute Colleen Renne-Grievell, rPP, MCiP CounCillor Jamie Doyle, rPP, MCiP CounCillor Jean Ehlers PubliC MeMber Linda Wood Edwards Resilient Social Article Submissions Housing Systems Administration Articles for future publication will always be welcomed. Social Housing Systems exeCutive direCtor Potential subject areas include: Source Water Protection Planning Mitigating Emergencies Through MaryJane Alanko Land Use Planning Legislation offiCe Manaer • Sustainability initiatives Vicki Hackl • Member accomplishments [email protected] • Member research www.albertaplanners.com tel: 780–435–8716 • Community development projects fax: 780–452–7718 • Urban design 1–888–286–8716 Alberta Professional • Student experiences
    [Show full text]
  • 1 | Page December 9, 2014 Project Backgrounder Enbridge's Move To
    December 9, 2014 Project Backgrounder Enbridge’s move to Edmonton’s Kelly Ramsey Tower and Manulife Place On December 9, 2014, Enbridge Inc. announced its long-term Edmonton office plans, confirming tenancy agreements in the new Kelly Ramsey Tower and the existing Manulife Place. Why is Enbridge moving now? As one of the largest private-sector tenants in downtown Edmonton, Enbridge has experienced significant growth and expansion in the downtown core during the past decade, having grown from 170,000 square feet to nearly 650,000 square feet. This move will consolidate our downtown employees from six building to two, creating a more convenient and collaborative working environment. Why did you choose the Kelly Ramsey Tower and Manulife Place buildings? Kelly Ramsey Tower and Manulife Place are right at the centre of downtown and provide our employees with convenient access to public transportation. The buildings have indoor connections to excellent amenities for our staff through Edmonton winters, and really give Enbridge the ability to get the whole organization working together in a more consolidated area. How much space will you now occupy in these buildings? We have secured 14 in the Kelly Ramsey building, currently under construction, and will double our existing occupancy in Manulife Place. This means that 2/3 of our downtown staff will be located in the new Tower and the remaining 1/3 in Manulife Place. What will happen to the current buildings with the Enbridge logos or names on them (Enbridge Place/ Tower)? The Enbridge names and logos will be removed from these buildings at an appropriate future date.
    [Show full text]
  • Will Office Consolidations Produce Dire
    !"##$%&'()*'+*,,-.' /012'(304/25*'6788'9::7(2'(94!987;0<794!'=59;>(2' ;752'(94!2?>24(2!':95'2@7!<74/'804;895;!A' 1%B"CDE%C*'!"#$%&"'()*+,%-#.(*./)0,%12.'"(%3"4(5% =D&"F*% 6"7(%8)$,%6"7(%8)$%89290"/:9(;'% <)(=$%>9#54'"(,%!7.9?%@/9#)A(5%@B*9#,%C;#);95.*%D#"4/% E.:%F"5)(,%C9(."#%G.*9%-#9'.=9(;%@B*9%H%I.J9=%K'9,%&1I%89290"/:9(;%D#"4/% C)(=$%I*L).#,%-#9'.=9(;,%10;4'%M(C.;9% &)0;9#%E#"*9(+",%N#)(*7%I)()59#%"?%F"4'.(5%H%O*"(":.*%C4';).()P.0.;$%H%!"#/"#);9%-#"/9#A9',%!.;$%"?% O=:"(;"(% % Kelly Ramsey Building •! Total Rentable Area: 550,000 sq ft •! Mid 2016 Completion Kelly Ramsey Building •! Total Rentable Area: 550,000 sq ft •! Mid 2016 Completion Kelly Ramsey Building Edmonton Arena District (EAD) Edmonton Arena District (EAD) Edmonton Arena District (EAD) The City of Edmonton Consolidation Project S% R% Q% T% The City of Edmonton Consolidation Project S% R% T% HSBC Bank Place The City of Edmonton Consolidation Project S% R% 147,361 sq ft 47% of building T% HSBC Bank Place The City of Edmonton Consolidation Project S% R% Q% T% Scotia Place The City of Edmonton Consolidation Project S% R% Q% 132,179 sq ft 22% of building T% Scotia Place The City of Edmonton Consolidation Project CN Tower S% R% Q% T% The City of Edmonton Consolidation Project CN Tower S% R% 90,115 sq ft Q% 37% of building T% Tenant Consolidations Tenant Consolidations Tenant Consolidations Tenant Consolidations Projected Consolidation Effects – City of Edmonton & Kelly Ramsey -#9=.*;9=%G)*)(*$%<);9'% RYVUW% RXVUW% RTVUW% ))HKJ' RQVUW% ))HOJ' ),HGJ' ),H+J' MHGJ' RUVUW% KHLJ'
    [Show full text]
  • PEG Magazine, with Names
    FALL 2014 Growing Your Career The APEGA Salary Survey is Here Again The Association of Professional apega.ca Engineers and Geoscientists of Alberta | Engineering oil and gas facilities Contents PEG FEATURED GRAPHIC: FALL 2014 PAGE 16›› 45 62 74 FEATURES DEPARTMENTS 49-60 Salary Survey Highlights 4 President’s Notebook 40 Registration Report 62 Renewables Series Part III 6 CEO’s Message 41 Compliance Comment 74 Injections Underground: 8 AEF Connection 45 Focal Point New Data Coming Soon 12 Readers’ Forum 80 The Geo Beat 16 Latitude 82 Member Benefits 31 Careers 85 Discipline Decisions 32 Good Works 99 In Memoriam Opinions published in The PEG do not necessarily reflect the opinions or policy of the Association or its Council. Editorial inquiries: [email protected]. Advertising inquiries: [email protected]. PRINTED IN CANADA FALL 2014 PEG | 1 US POSTMASTER: PEG (ISSN 1923-0044) is published quaterly in Spring, Summer, Fall and Winter, by the Association of Professional Engineers and Geoscientists of Alberta, c/o US Agent-Transborder Mail 4708 Caldwell Rd E, Edgewood, WA 98372-9221. $15 of the annual membership dues applies to the yearly subscription of The PEG. Periodicals postage paid at Puyallup, WA, and at additional mailing offices. US POSTMASTER, send address changes to PEG c/o Transborder Mail, PO Box 6016, Federal Way, WA 98063-6016, USA. The publisher has signed an affiliation agreement with the Canadian Copyright Licensing Agency. Please return Canadian undeliverables to: APEGA, 1500 Scotia One, 10060 Jasper Ave., Edmonton, AB T5J
    [Show full text]
  • Research & Forecast Report
    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
    [Show full text]