Quote:
Originally Posted by Northendzone
anyone have any thoughts, comments, insights on this new development planned for stephen ave?
stuns me that there are folks somewhere that are ready to roll the dice that this will pay off, but maybe i am just afraid to be rich.
https://calgarysun.com/business/mass...8-41e773b7902b |
I'm in the commercial real estate industry. There is strong speculation that the development would be Suncor's new HQ location. Their lease in Suncor Energy Centre is up in 2028 (pretty sure) and they've been out in the market teasing a new development for the last couple of years. At first, most thought it was just a negotiation tactic to get their Landlord to renegotiate their lease early, but with this news, they may actually be doing it.
The other rumor was they want a development that would be run off 100% renewable energy, LEED & WELL certified. Basically using the office space to drive their ESG rating.