Incentives would clear looming glut of Edmonton downtown office space
October 7, 2015
Edmonton should offer incentives to building owners to ease a looming oversupply of downtown office vacancy, says a major developer. Three office towers now under construction will start a “race to the bottom” when they open as older buildings compete for tenants, said George Schluessel, CEO of Calgary-based Procura Real Estate Services.
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New wave of renters challenges stereotypes
August 11, 2015
For years, the only large scale rental projects built in Edmonton were four-storey walk-ups in deep suburbia. Now the city is seeing central rental projects again with J22 on Jasper Avenue and 122 Street, Mayfair North on Jasper Avenue and 109th Street, and The Hendrix at 97 Avenue and 111 Street.
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‘Scary tunnel’ at Jasper Avenue construction site transformed with children’s artwork
December 14, 2014
Developer ProCura Real Estate Services worked with children involved in Boys and Girls Club Big Brothers Big Sisters of Edmonton and area to decorate the interior of the construction hoarding at Jasper Avenue between 108th Street and 109th Street, at the Mayfair Village North project. ProCura is also raising money for the organization by selling …
ProCura, Building Lifestyles
September 30, 2014
ProCura is one of Western Canada’s most innovative, successful and respected property development and management companies. Since 1979, ProCUra has designed trend-setting landmarks and communities in Calgary, as well as in Edmonton and Vancouver. As ProCura expands its diverse portfolio of residential, office, retail and mixed-use buildings, the company will continue to promote and foster …
Multi-family housing starts at 35-year high in Edmonton
January 9, 2014
According to the Canada Mortgage and Housing Corporation (CMHC), 2013 was a busy year for housing starts in the City of Edmonton, and already 2014 is looking to keep pace. The corner of a busy downtown Edmonton intersection, which has been vacant for several years, is one example of further development. Construction on a 234-unit …
A sneak peek at ProCura’s plans for Jasper Avenue and 109th
May 2, 2012
If all these buildings get built, Jasper Ave and 109th Street will be an entirely different corner. It could be really cool.
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Century Park housing reworked
April 23, 2012
Work will finally start again on a high-profile residential project near the Century Park LRT station, but the private lake and Vancouver-style narrow, glass towers are out. ProCura Real Estate Services says it’s ready to restart construction on a 21-storey tower this summer. But the rest of the 17-hectare site is getting a redesign.