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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