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Old Posted Aug 1, 2019, 3:45 AM
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GTR200 GTR200 is offline
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Join Date: Apr 2009
Location: Saskatoon
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Quote:
Originally Posted by ToonTownRob View Post
Actually, it is a bit more complicated than that. On a square foot basis, there is and was (prior to River Landing) no need for additional office space in downtown Saskatoon.

But what small minded people failed to recognize when only looking at total vacancy rate based on square footage was that there was a great demand for new Class AAA office space, of which there was practically none in downtown Saskatoon.

The lesson of River Landing is that you need to know your business well, well enough to understand its intricacies. Smart, experienced people with vision were able to recognize that there was demand for a particular type of office space in downtown Saskatoon, despite a high overall vacancy rate.

They’re building it and people are coming, and more will. Meanwhile, other more junior companies will fill up the vacancies created by the cream of the crop moving into the space they have been longing for.

No one on this thread has been blindly hoping or expecting that a ton of new AAA space is suddenly going to get built, but it was the crappy attitude of people like King Ralph that blinded almost everyone to the opportunity that existed in Saskatoon.

Without a bit of optimism nothing would ever get done or move ahead.
I completely agree with you. I am also willing to bet that if a 35 story condo is built downtown by Urban Capital, it would do very well.
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