Now that the former BMO (Bank of Montreal) site in downtown Edmonton is sitting empty, a city committee is set to hear about a proposal to build a 50-storey mixed-use tower on the prime piece of real estate.
A city document shows the Edmonton design committee is scheduled to hear a presentation about the proposed high-rise at 10199 101 St. on Tuesday. Jimmy Amichandwala with Der Associates Architecture Ltd. will speak to the committee at a formal presentation that is open to the public.
Last year, Regency Developments applied to have the former BMO building demolished with the intention of building a high-rise tower, indicating they did not believe they would be able to find a new tenant for the structure once the bank moved out.
READ MORE: Developer seeks approval to demolish former BMO building in downtown Edmonton
Watch below: On Oct. 30, 2017, Vinesh Pratap filed this report about the future of a prominent downtown Edmonton street corner as a former bank building was sitting empty and the city was reviewing an application for its demolition.
![Click to play video: 'Downtown Edmonton street corner could change because of empty building'](https://i1.wp.com/media.globalnews.ca/videostatic/433/439/2017-10-31T00-08-26.033Z--1280x720.jpg?w=1040&quality=70&strip=all)
“The sheer size of it and scale of it, it’s a pretty specific tenant that would have been able to take this over,” Regency Developments’ Raj Dhunna said in October 2017. “When we first purchased it, it wasn’t a clear vision of what we wanted to do.
“We just knew it was a prime corner, so I would say not to worry about it being an empty lot too long.”
![Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day.](https://globalnews.ca/wp-content/themes/shaw-globalnews/images/skyline/national.jpg)
Get daily National news
The tower proposal says the high-rise would include a hotel as well as professional and office space, retail stores, a restaurant and a bar.
Watch below: On Oct. 10, 2018, Vinesh Pratap filed this report about growing concern among some Edmontonians that council may be approving tower after tower without understanding the impact.
![Click to play video: 'Some concerned about how many towers City Council is approving'](https://i0.wp.com/media.globalnews.ca/videostatic/296/63/2018-10-11T00-15-08.166Z--1280x720.jpg?w=1040&quality=70&strip=all)
Comments