Construction of Edmonton’s tallest tower to begin this fall
August 27, 2014 by STAFF REPORT
The Edmonton Arena District joint venture of the Katz Group and WAM Development Group will start construction of Edmonton’s tallest tower this fall.
Stantec will be the anchor tenant of the 62-storey building located in the Edmonton Arena District on the corner of 102 Street and 103 Avenue. This one million sq. ft. mixed-use office, retail and residential tower will meet LEED gold standards. It will stand 746 feet tall and host 26 storeys of offices and close to 320 residential units. When it opens in the summer of 2018, it will be one of the tallest structures in Western Canada.
“This new building will revolutionize the downtown landscape in Edmonton and will set expectations for future buildings in the city,” said Darren Durstling, president and CEO of WAM Development Group. “This tower is being designed, engineered and project managed entirely by Stantec, showcasing their vast capabilities and experience.”
Some of the tower’s key features include the lobby opening directly into the public plaza, providing direct access for all office employees and residents. The top of the tower will also include an iconic design element, representing the personality of the Edmonton Arena District.
“We are very proud to be partnering with one of Edmonton’s most successful and most respected companies on what is surely going to be an extraordinary addition to our skyline,” said Daryl Katz, chairman of Katz Group. “I have every confidence this tower will be the cornerstone of Stantec’s continued success, and that it will drive the ongoing development of the Edmonton Arena District in a very powerful way.”
Currently located in office buildings across downtown Edmonton and headquartered at 10160 112 St. NW, Stantec will lease approximately 450,000 sq. ft of the new tower.
“We are proud to have both our people and our designer’s work play a role in enhancing the vibrancy of the Edmonton Arena District,” said Bob Gomes, president and CEO of Stantec. “Stantec, WAM Development Group and Katz Group all have deep roots in this city, and it’s exciting to see the creativity of our companies come together to contribute to the revitalization of our downtown community.”