Chad Jul 10, 2025

"A court-appointed receiver is now in charge of the mall, TD Tower, 102A Tower, Centre Point Place"

Edmonton City Centre mall owner goes into receivership | CBC Edmonton

#yeg #yegdt

https://www.cbc.ca/news/canada/edmonton/edmonton-city-centre-mall-owner-goes-into-receivership-1.7581307

Edmonton City Centre mall owner goes into receivership | CBC News

A court order granted on Monday put a receiver in charge of managing and operating assets owned by Edmonton City Centre Inc. That includes the mall, TD Tower, 102A Tower, Centre Point Place and building parkades — in total, about 1.4 million square feet of office and retail space.

CBC
Show threadNeXTUser
@chad With Woodwards and Eatons gone it was only a matter of time. The Bay alone couldn’t keep downtown shopping alive. I don’t think anything can.
Jul 10, 2025 at 7:40pmWeb
Show threadChad Jul 10, 2025
@crispin You're right - it really does go that far back.
Show threaddragonfrogJul 10, 2025

@crispin @chad I think the city has the right approach in their plan - encouraging more residential use downtown, whether by conversions of office buildings, or new construction on downtown's copious surface parking lots.

I'm not saying it's guaranteed to work, but I think if anything's going to work it's going to have to include much increasing the number of people who live downtown.

Show threaddragonfrogJul 10, 2025
@crispin @chad (or, if we believe Rahim Jaffer, Free Parking!!1 will fix it)