DOCSLIB.ORG

Will Office Consolidations Produce Dire

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read 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)*)(*$%<);9'% RYVUW% RXVUW% RTVUW% ))HKJ' RQVUW% ))HOJ' ),HGJ' ),H+J' MHGJ' RUVUW% KHLJ' KH)J' YVUW% GHIJ' GHLJ' IHMJ' IHMJ' IHNJ' XVUW% TVUW% QVUW% UVUW% QURU% QURR% QURQ% QURS% QURT% QURZ% QURX% QUR[% QURY% QUR\% QUQU% QUQR% Projected Consolidation Effects – City of Edmonton, Kelly Ramsey & Stantec -#9=.*;9=%G)*)(*$%<);9'% RYVUW% RXVUW% RTVUW% )OHNJ' )+HKJ' )+HOJ' ))HKJ' RQVUW% ))HOJ' RUVUW% KHLJ' KH)J' GHIJ' GHLJ' YVUW% IHMJ' IHMJ' IHNJ' XVUW% TVUW% QVUW% UVUW% QURU% QURR% QURQ% QURS% QURT% QURZ% QURX% QUR[% QURY% QUR\% QUQU% QUQR% Projected Consolidation Effects – City of Edmonton, Kelly Ramsey, Stantec & Enbridge -#9=.*;9=%G)*)(*$%<);9'% RYVUW% )IHLJ' )IH,J' RXVUW% )LHLJ' )NHLJ' RTVUW% ))HKJ' RQVUW% RUVUW% KHLJ' KH)J' YVUW% GHIJ' GHLJ' IHMJ' IHMJ' IHNJ' XVUW% TVUW% QVUW% UVUW% QURU% QURR% QURQ% QURS% QURT% QURZ% QURX% QUR[% QURY% QUR\% QUQU% QUQR% Panelists John Day, Owner, John Day Developments Randy Ferguson, Chief Operating Officer, Strategic Group Tim Hogan, Senior Vice President, WAM Development Group Sandy McNair, President, Altus InSite Walter Trocenko, Branch Manager of Housing & Economic Sustainability & Corporate Properties, City of Edmonton Moderator: Cory Wosnack, Principal, Avison Young Real Estate Sponsor: <P"'2B.%&E%&'9QR"'1DCS"E'$&' EP"'M,T#' Premier Ralph Klein •! Premier Klein’s cost-cutting strategy •! 6,000 provincial employees “right-sized” •! 30 months •! 1.2 Million square feet of space vacated Standard Life Centre Associated Engineering Building Scotia Place – Tower II Imperial Oil vacates 10 floors (relocate to Calgary) U of L Building 100% of the building vacated by Alberta Energy (relocate to Calgary) 9Triple8 Jasper 100% of the building vacated by Nova (relocate to Calgary) 44 Capital Boulevard AGT and ED Tel consolidate, leaving 100,000 square feet vacant Shaw Shaw moves their head office to Calgary Finning Finning moves its head office to Vancouver Hudson's Bay Company The Bay closes its doors downtown Manulife Place Phase II The Shopping Centre at Manulife II closes its doors World Trade Centre Building CIBC vacates entire building How did the market deal with it? Apartments 3 office buildings ! Apartments Hotels 3 office buildings ! Hotels Liberty Building Office building ! Condo Executive Building Office building ! Condo Cambridge Lofts Office building ! Condo Corner Point Building Office building ! Condo Condos 15 office buildings ! Condos Centennial Building Office building ! Seniors’ residence Edwards Professional Centre Office building ! Seniors’ residence Enterprise Square Former Hudson’s Bay! University of Alberta Manulife Place Phase II Former Shopping Centre! Healthcare facility (Dynalife) Boardwalk – Centre High Office space ! Centre High (75,000 sq ft) City Centre Department Store! Television & radio studios, call centre, office space Panelists John Day, Owner, John Day Developments Randy Ferguson, Chief Operating Officer, Strategic Group Tim Hogan, Senior Vice President, WAM Development Group Sandy McNair, President, Altus InSite Walter Trocenko, Branch Manager of Housing & Economic Sustainability & Corporate Properties, City of Edmonton Moderator: Cory Wosnack, Principal, Avison Young Real Estate Sponsor: .
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]
  • 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.
    [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]
  • 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]