While Toronto’s CN Tower is still holding on tight to the “Canada’s Tallest Building” title, Edmonton’s Arena Entertainment District will be reaching new heights with it’s newest development. And best of all, it’ll literally dwarf our neighbours to the south, beating Calgary’s tallest building, The Bow.
At an astounding 66 storeys, the proposed 251 metre building will be the lightning rod for Edmonton’s growing downtown. Called the Stantec Tower, after the Edmonton-based engineer and consulting company, the building will be more than a big, tall skyscraper in Edmonton’s generally shirt skyline, it’s poised to be a commercial and residential hub for the new district.
Among the planned features for the 66 storeys, besides serving as Stantec’s new international headquarters, is four floors of retail space, a pedway to the adjacent hotel, access to a garden roof, and a grocery store. The rest of the space will be dedicated to 454 condo units, all varying in size and price points, on the top 36 floors.
The $500 million project wouldn’t have even been possible just three years ago, when the downtown airport imposed strict height restrictions on Edmonton’s downtown core. Now that the airport has been closed, buildings can reach much higher.
And as hype for the new district continues, Downtown Business Association executive director Jim Taylor says the building isn’t just good for Edmontonians, it’s good for Edmonton’s presence on the world stage. “Just having the Stantec building at 62 storeys was a huge coup for Edmonton,” Taylor told The Edmonton Journal, “If you now tell me that this building is going to surpass anything in Calgary, anything outside Toronto in Canada … this is putting Edmonton on the map as far as the country is concerned, as far as the continent is concerned.”
Even though it’s still 47 metres shorter than the CN Tower, Canada’s highest building west of Toronto is set to open its doors in 2018.