A Downtown Edmonton Tower is Getting a $30 million Upgrade

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Manulife Investment Management plans for a $30 million redevelopment of Manulife Place in Edmonton (CNW Group/Manulife Investment Management)

The landmark 36-storey office and retail tower in the heart of Edmonton’s downtown core – Manulife Place – is getting a $30 million upgrade by Manulife Investment Management.

Manulife Place, which opened in 1983, currently encompasses 745,000 square feet of office and 103,000 square feet of retail space. Featuring two levels of retail shops and services, it is occupied by retailers such as Vandenberg’s Jewellers, Blu’s, Jamiesons Opticians and Henry Singer.

 

The project will include

  • A 45,000 square foot rooftop terrace will also be constructed, providing an acre of fully-landscaped parkland in the heart of downtown Edmonton—an amenity that is exclusive to Manulife Place
  • A major modernization of the exterior façade with multi-level transparent glazing and bright, new signage.
  • A repositioning of the retail storefronts to the exterior of the centre will extend the shopping experience outwards, creating a visually dynamic and engaging streetscape.
  • The interior space will be refreshed with new porcelain flooring and LED lighting, as well as the creation of inviting communal spaces.

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Construction is expected to commence in mid-2020, and will soon be accessible via the LRT’s Southeast Valley Line which is expected to open in 2021.

Manulife Place is jointly owned by Manulife and Alberta Investment Management Corporation (“AIMCo”).

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