Plans have been announced for a 62-story, $500 million tower in downtown Edmonton, according to the Calgary Herald.
At 227 meters, Stantec Tower will be the tallest building in the city, dwarfing the two next-tallest: Epcor Tower and Manulife Tower. The new tower, however, will fall 10 meters short of surpassing Canada's tallest building, the Bow in Calgary.
Designed by Stantec, the mixed-use tower will serve as the new corporate headquaters for the design giant. The firm will occupy 450,000 sf of the tower's 600,000 sf of office space (about two-thirds of the building's 26 office floors). The top 33 floors will house residential units. The building's lobby will open to a street-level public plaza, and the cap of the tower will be lit up on holidays.
Stantec Tower is the product of the Edmonton Arena District joint venture, a partnership between the Katz Group and WAM Development Group, that is trying to revitalize downtown Edmonton.