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Originally Posted by West Karma
Ran into a friend "in the know" and he said Cowboy's is NOT closing for a long time - maybe up to 2 years. Something to do with the architect doing the new building being behind schedule...who knows???
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This is true. Cowboys will be around in this location for a while. The office developer was making a push for a 2 million sq ft project. I think in the hopes of luring a big-time tenant like EnCana or Imperial Oil. Well with EnCana building their own building and Imperial now in the planning stages of doing the same thing themselves, the developers of Penny Lane have had to re-think their project.
There was an article in the herald a few weeks ago saying that it was going back to the design stage to put together a new smaller project. This will take a while. by the time they get it going, they may well have missed the boat on this round of office boom and other projects like First Canadian Centre II, City Centre, Imperial and others will take up the demand.
I would miss the friendly facade of penny lane. It is a welcome precence in downtown. Cowboys building, I don't care.
