Edmonton mixed-use tower edging closer to completion

The recent official topping-off of the commercial level of a mixed-use high-rise tower in Edmonton marked the latest milestone in the construction of what is set to become the tallest building in Western Canada.

After 18 months of planning, the two-meter commercial level pour for Stantec Tower has been completed.

“This commercial level topping-off is an important milestone that recognizes the extensive work and meticulous planning that has gone into Stantec Tower,” announced Glen Scott, president of Katz Group Real Estate. “It is an honour to be a part of a project that will shape the city of Edmonton and be an exemplary contribution to Edmonton’s skyline.”

“This pour, at the 30th storey, represents a feat of engineering and architecture which demonstrates the creativity that our Stantec employees bring to work in serving our communities every day,” according to Gord Johnston, incoming chief executive officer at Stantec.

Read more: Are carrying costs in Toronto condos too high to make high ROIs?

Stantec Tower – located on the corner of 102 Street and 103 Ave in Edmonton – will play host to commercial development and mixed-use workplaces, multi-family residences, and retail space.

SKY Residences condominiums will stand atop the commercial level to complete the remaining 37 floors of the tower. The building is currently at half its height, and will stand 251 metres tall when complete.

Projected completion of Stantec Tower is next year. SKY Residences is expected to be ready for occupancy in 2019.

Related stories:
Report highlights next year’s real estate trends
Edmonton commercial market’s prospects brighter – analyst

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