Greenspace
Senior Member
Hearing CBRE has the listing from the bankruptcy trustee, will be up Q1 2026.
- Thread starter Daveography
- Start date
David A
Senior Member
Yes, the biggest problem on the west side is the bunker like exterior. Even just making it similar to the east side would be a big improvement, although it is probably time to open it up much more and do something transformative.
It will be interesting to see what happens when it is listed and who come forward with what ideas. I hope it will be someone who has a solid record with development/redevelopment, a good understanding of the local market and a bold vision.
inclusion
Active Member
While Gemini can come up with something easily, it will take someone with deep pockets and a large appetite for risk to redevelop that part of the mall. It would not be cheap, and you would also have to demolish the parkade to open up what is behind the glossy picture on the other side of the apartments. Making the numbers work for gutting and redeveloping would be challenging.
David A
Senior Member
This is why I feel some of the more ambitious ideas will not happen. I don't see the parkade going anytime soon, although maybe eventually. However, some changes to the exterior on the west side could improve it a lot.
The Taproot article posted earlier today about redeveloping it in stages and maintaining a mix of uses also seems to make good sense to me.
ChazYEG
Senior Member
That is why I feel like an urban format Costco would work really well, and could probably anchor a broader development. Between Winketowin, DT, Queen Mary Park, McCauley, Garneau and Old Strathcona, which would be immediately closer to it than to any other Costco in town, it would be something close to 100k residents. And Costco has the pockets and the revenue to pull it off, easy. I wonder if there was ever an attempt by city officials or business leaders to approach a company like them for a DT store.
David A
Senior Member
Also many people in Edmonton and elsewhere only see what is there now and have a limited imagination. Yes, there is certainly more risk here, but because of that I feel there is also much more potential.
Arguably downtown Edmonton has made it through the worst of it over the last few years, so now this could be a good opportunity for someone to take advantage of.
inclusion
Active Member
Probably depends on the upcoming CBRE listing, what they choose to include and who they talked to at the City about it. Their quarterly reports usually cover unit starts in residential, commercial, and industrial. It would benefit them to include that in the listing to move the property quicker and get commission. In short, the information is out there in many places, but sometimes in places the public isn't necessarily privy to since a lot of these reports are by commercial industry and behind paywalls.
ADob
Active Member
What, no Regency? Come on!!!
bolo
New Member
Turn it into a rink/court with food and bev utilizing the space under the stands (one side with access to 102st). I think the demand would be higher than retail for the foreseeable future, plus the East side and other towers still have plenty of retail space to fill.
johnnyboy
Active Member
Why has no one said pickleball yet? Or did I miss it? 
ADob
Active Member
I feel like pickleball is mentioned so often on this forum it ought to have its own thread!Why has no one said pickleball yet? Or did I miss it?
Edmcowboy11
Senior Member
Well if residential could be built into this building, pickleball in this area would definitely work.
LibraLibro
New Member
I remember suggesting the idea of an IKEA city in our downtown core a few years back… Still dreaming of the possibility, especially since we are lacking any kind of hardware store in this area.
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Markyeg
Active Member
Not a chance DT gets an IKEA anytime soon. DT Vancouver has 10x the population as DT Edmonton and doesn’t even have one.
Gus Haynes
Active Member
I wanna circle back to this article because I think it doesn't capture some of the success that ECC Landmark has had in recent times. You may notice that they're devoting more and more of their screening time to foreign-language films, and many of these have really put butts in the seats. Get a load of today's 3:45pm screening of Chaniya Toli, a Gujarati-language film:
A night at the movies inside downtown's failing mall
It's Halloween, and five 7pm-ish screenings at Landmark Cinemas inside Edmonton City Centre have mostly sold a quantity of tickets that can be counted on two hands. The only proper horror movie on this day of days for horror movies is Shelby Oaks, and it has just one paying viewer: Me.edmonton.taproot.news
Yeah, that's their second biggest screen with almost all of the best seats sold out. It's not necessarily like this for every movie, or every showing, but it shows that the theatre can still draw crowds with the right movies.