Location: In my office, at the Ministry of Awesome!
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Originally Posted by SebC
The GoodLife in the old Bank of Montreal annoys me, it's such an underutilization of a gorgeous building and the signage on the outside is pretty obnoxious to the aesthetic as well.
Compared to a decade of sitting empty?
I'm with you, I'd much rather see something else in that space, but at least it's not sitting boarded up anymore.
I'm glad someone finally stepped in and did something, it really was a shame to see that building sitting emptly for so long.
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THE SHANTZ WILL RISE AGAIN. <-----Check the Badge bitches. You want some Awesome, you come to me!
Apparently Centron had a deal with 100,000 SF tenant (can't say who) on the goal line before the Christmas holidays at Place 10. I heard they just needed the right people to be in town to sign the final and lease and it would be done. Oil prices drop over the holidays, the tenant delays the lease signing, Centron starts to get nervous, wonders what's going. Then last week they finally hear from the tenant. They did a quick renewal with their current landlord and the Place 10 deal is dead.
The downtown office is down over the past couple of weeks and the consensus is it's only going to get worse. Sublease space is flooding the market and people are doing crazy deals. Everyone is waiting to see where the floor is but as of today it just keeps dropping.
No, consensus over at SSP is that is not the project. They are pretty much at grade now and starting to move vertical.
Lots of thinking that is may be Place 10 in the Beltline.
Not sure if it is Place 10, but the site on 10th Ave and 4th St. just erected the crane, so I doubt they would stop now.
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From HFBoard oiler fan, in analyzing MacT's management:
O.K. there has been a lot of talk on whether or not MacTavish has actually done a good job for us, most fans on this board are very basic in their analysis and I feel would change their opinion entirely if the team was successful.
Too bad its too late for it to be Centre 10 accross the street. Place 10 is way nicer. Centre 10 needs to be tipped onto its side.
Yeah I wasn't crazy about the design. Everyone thought Centron would have trouble leasing it up with 37,000 SF floor-plates but they did the National Energy Board deal early and had a lot of success from there. It would be nice to tip it over and raise the height but the city doesn't allow commercially zoned buildings to develop higher than 12 storeys south of the train tracks. So newer developments are compressed and end up being wider with a huge floor plate. They still have roughly 8,000 SF of vacant space in that building but it won't lease because they can't demise it down. The exterior wall is too far from the common corridor.
There was an article in the Herald yesterday about the redevelopment of Deerfoot Mall. It looks very interesting and hopefully it actually becomes a viable shopping destination.
^Came here to post this exact video. Looks very cool. Reminds me of some of the higher end outlet malls I've been to in Washington state and southern California (in the best possible way) with everything exiting to the outside.
Quote:
Originally Posted by J pold
It would be nice to tip it over and raise the height but the city doesn't allow commercially zoned buildings to develop higher than 12 storeys south of the train tracks. So newer developments are compressed and end up being wider with a huge floor plate.
Does that include mixed use like the block that Keynote is located on?
I think that's about as good as one could hope for in such a location. The design itself is quite nice and modern, and there is no terrible entrance "art" like you get at Cross-Iron. I lived across from Deerfoot for a decade, and it seems like every half-assed changed they've made to it has been pretty bad, so its nice to see them doing a full-on overhaul.
Btw, one of the few videos where they seem to get the car-brand mix right for Calgary...its a solid 70% trucks, ha.
I think that's about as good as one could hope for in such a location. The design itself is quite nice and modern, and there is no terrible entrance "art" like you get at Cross-Iron. I lived across from Deerfoot for a decade, and it seems like every half-assed changed they've made to it has been pretty bad, so its nice to see them doing a full-on overhaul.
Btw, one of the few videos where they seem to get the car-brand mix right for Calgary...its a solid 70% trucks, ha.
All they needed for that feeling of life-like accuracy was a long line of pickup trucks going about 75 KM/H bumper to bumper in the left hand lane behind a lone Toyota Camry, with no traffic in front of them.
Does that include mixed use like the block that Keynote is located on?
I'm not entirely sure but I believe they give a break on mixed use because they have the residential infrastructure in place to accommodate the density. Keynote 4 (Colliers Listing) is 17 storeys for a total of 340,000 SF of space.