Thread: The Bow
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Old 05-09-2008, 01:52 PM   #25
Claeren
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Join Date: Jul 2003
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Quote:
Originally Posted by Iggy's Forehead View Post
OT- Are they still planning on putting up Palliser East and West (the glass buildings) around the Calgary tower? I saw a projected picture in the Herald over a year ago and they said it was planned for completion in 2010.


They missed the cycle on those.

As was said, they are already well into building a 3rd building on the south side of the tracks, but the two you are asking about are certainly on hold. By the time it would be good to build they will likely come out with a new design. Not for sure or anything, but 5-10 years (min) is quite a period of time for a design to stay current.

Will likely be more profitable to sell that whole set of buildings to someone else to improve, as often happens from cycle to cycle... it will have turned into the anchor for an entirely transformed Centre St with the Bow, the Bow cultural centre, the Hyatt, the MArriott, and St Germain - there is inherient value there they can cash out on.


Claeren.
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