Commerce Place is an office and retail complex in Edmonton, Alberta, Canada. The complex's skyscraper stands at 125 m (410 ft) or 27 storeys tall and was completed in 1990.[4] Commerce Place has a small selection of shops in the main levels of the mall[5] and is connected to Edmonton City Centre and Manulife Place by pedway.[6]
| Commerce Place | |
|---|---|
 Commerce Place from street level in June 2010 | |
  Location within Edmonton | |
| Former names | CityCentre (1990–1994)[1] |
| General information | |
| Type | Office, retail |
| Address | 10155 102 Street NW Edmonton, Alberta T5J 4G8 |
| Coordinates | 53°32′29″N 113°29′41″W / 53.54139°N 113.49472°W |
| Construction started | 1987 |
| Completed | 1990 |
| Opening | January 1990 |
| Cost | $165 million (CAD)[2] |
| Owner | British Columbia Investment Management Corporation |
| Management | QuadReal |
| Height | |
| Roof | 124.97 m (410.0 ft) |
| Technical details | |
| Floor count | 30 |
| Floor area | 753,956 sq ft (70,044.8 m2) |
| Design and construction | |
| Architect(s) | Adamson Associates[3] Schmidt Feldberg Croll Henderson Architects[3] |
| Developer | Olympia and York |
| Main contractor | EllisDon[3] |
| Other information | |
| Public transit access |    102 Street stop |
Commerce Place is also home to the Edmonton Consular Post, a satellite of the Italian Consulate in Vancouver.[7]
History
editIn December 1986, Toronto-based developer Olympia and York revealed that they had acquired property north of Jasper Avenue and south of Manulife Place between 101 and 102 Street.[8] The following year, Olympia and York announced plans for an 1.35 million square foot project, then called CityCentre, in downtown Edmonton that would consist of twin skyscrapers and a shopping mall. The project would be built in phases with 1.2 million square foot in office space and 150,000 square foot of retail space planned.[9] Construction of phase one began in fall 1987 with the 27-storey skyscraper opening in January 1990.[4] The complex's shopping mall was planned to open in the spring of 1990. However due to the lack of tenants, the mall's opening was delayed numerous times before it was put off until the fall of 1991.[3][4][10] In 1992, Olympia and York went bankrupt and in June 1993 sold the complex to Canadian Imperial Bank of Commerce. Plans for phase two which would had incorporated the CIBC branch at the corner of 101 Street and Jasper Avenue and construct a second skyscraper were put on hold indefinitely due to the slump of the commercial real estate market at the time.[2] The complex was renamed Commerce Place in January 1994.[11]
See also
editReferences
edit- ^ "THE CANADIAN BANK OF COMMERCE". Forgotten Edmonton. Retrieved 17 February 2023.
- ^ a b MacDonald, Jac (June 13, 1993). "Cash-strapped O&Y sells CityCentre to CIBC". Edmonton Journal. pp. D9. Retrieved November 30, 2024 – via Newspapers.com.
- ^ a b c d Chalmers, Ron (February 3, 1990). "O & Y mall will be upscale". Edmonton Journal. pp. D1. Retrieved November 30, 2024 – via Newspapers.com.
- ^ a b c Staples, David (August 15, 1990). "Absent tenants stall mall opening". Edmonton Journal. pp. B1. Retrieved November 30, 2024 – via Newspapers.com.
- ^ "The Shops at Commerce Place | Retail". Commerce Place. Archived from the original on March 28, 2022.
- ^ "Edmonton Downtown Pedway Map" (PDF). City of Edmonton. Archived (PDF) from the original on November 30, 2024. Retrieved November 30, 2024.
- ^ "The Consular network". Ambasciata d'Italia Ottawa. Archived from the original on April 17, 2024. Retrieved November 20, 2024.
- ^ Tait, Cam (December 21, 1986). "Jasper Avenue plan praised". Edmonton Journal. pp. D15. Retrieved November 30, 2024 – via Newspapers.com.
- ^ Thorne, Duncan (April 3, 1987). "Province to be major tenant in massive twin-tower project". Edmonton Journal. pp. D2. Retrieved November 30, 2024 – via Newspapers.com.
- ^ Staples, David; Sadava, Mike (January 30, 1991). "Mall delays opening — again". Edmonton Journal. pp. B1. Retrieved November 30, 2024 – via Newspapers.com.
- ^ Chalmers, Ron (December 3, 1993). "New name for City-Centre". Edmonton Journal. pp. F8. Retrieved November 30, 2024 – via Newspapers.com.
External links
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