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03-01-2014, 10:45 AM
Where's the Hart?
RaabHart's Avatar
Join Date: Oct 2007
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Originally Posted by Replacement View Post
Well, that and demand, things like the price of land, and why anybody would build towers higher than that already constructed in Downtown Edmonton.

Why would that be?

From a cost and land pricing pov and even if you for some reason wanted to build a head office tower in Edmonton why would you build it very high?

As things stand I'm amazed whenever we get 30floors here.
You build high office/apartment towers to make money. Edmonton is one of the hottest real estate markets in NA right now so I'm not surprised at all. Look at Calgary and the amount of huge skyscrapers they have. I think we'll end having a few 40-50 floor towers and a bunch right around that 30 mark, especially with a revitalized downtown. Lets remember that companies don't have to use the whole building and can rent out/sell suites/floors to smaller companies/residents.

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