I'm not so sure. They can get higher rent from other tenants down there, they're putting a big sign on the top of their current HQ, the offices in there are relatively new and quite nice, and lastly that location is a part of their signature retail property, and closer to their signature office property (TD).
It's too easy to take a design you like and say it's the perfect fit for BA North. Same happens with supertalls and parking lots. This tower is going after a different type from BA . Vancouver's office market is very different from Torontos. It's just approved too. Best not to jump the gun on whether this gets built or not.
I'm positive this location has no problem attracting new tenants. I am dying to know what kind of retail will be coming to the retail spaces in both 16 York and at the base of Ice. Retail "C", the biggest retail space will be on York right next to the escalator to the Path entrance doors. Hoping it's a restaurant. Ice's retail space has sat empty since it was built. That space is managed by CF apparently. There is one of those spaces being used as PCL's construction office now. Would like to see some cool shops in there once they vacate.
Yeah my opinion is this building will lease out no prob. They planned to build it on spec and it's already 40% leased out, probably even higher now. My guess is by the time it's done construction it'll be 80% leased out or more. Great location too.
Seeing the wall of ice next to 16 get close to being hidden by the first floors is nice to finally see! Will be really great to see the green roof get built and have that one continuous ledge around the entire block. Also dying to know the retail tenants are going to be