Qualico Properties says its next downtown Edmonton tower proposal could rise much higher than originally planned.
The builder says the new height is in response to changing market conditions and the early success of the company’s latest residential project.
Qualico has given the Epcor Tower on 101 Street a real next-door neighbour on its Station Lands site.
The residential building is called Switch and features small units with perks.
“You rent a small unit, but you have 10,000 square feet of amenity space,” Mike Saunders, a senior vice-president with Qualico, told CTV News Edmonton last week.
Qualico has already rented 90 out of 285 units, the speed at which Switch is leasing – especially with students – a welcome surprise to Qualico.
It’s having a dramatic effect on plans for the 9.1-acre Station Lands parcel, which stretches from 101 Street …