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Eaton's Centre

Identification

Eaton's Centre
Edmonton City Centre West
104026

Facts

  • The Eaton's Centre project had a turbulent history after first being announced in July of 1980. Initially expected to be CDN $500 million and take five to seven years to construct, it was to be the most ambitious mixed-use project in Canada outside of Toronto.
  • The project was approved within six months but the light was far from green. Controversial tax concessions from the city to the tune of $9 million irked many city officials and residents. In appeasement, and to obtain higher density ratio approval, construction of the residential towers was added to the project's first phase.
  • The project was the brainchild of the Triple Five Corporation. Triple Five was run by the Ghermezian family, famous for bringing West Edmonton Mall, the world's largest, to fruition.
  • Triple Five originally had grandiose plans for an 85 story tower. This was rejected due to Transport Canada height restrictions that exist over downtown Edmonton. This limitation exists as a municipal airport in close proximity has flight lines over the CBD. Instead, they proposed five towers virtually all as tall as could be allowed.
  • Much more recently, the T. Eaton's Co. Ltd. went out of business and the structure is now known as Edmonton City Centre West under the control of Oxbridge Properties.
  • September of 1981 saw the project's main tenant and namesake, T. Eaton Co., pull out of the project. High interest rates and economics of the project were cited. The Eaton's Centre project cost had already soared to $600 million.
  • Triple Five announced in September of 1983 that the project would begin construction the following spring starting with the two apartment buildings. At that time Eaton's had still not signed on the dotted line. Ultimately the Eaton's Centre's multi-level mall and a smaller hotel (Delta Edmonton Centre Suite) were completed. However, none of the five original towers came to be.

Location

Involved Companies

Recorded for this building:

Developer

# Building Height Floors Building type Year Status
1 Eaton's Apmt. Tower A 469 ft 50 skyscraper
2 Eaton's Apmt. Tower B 469 ft 50 skyscraper
3 Eaton's Office Tower A 40 skyscraper
4 Eaton's Office Tower B 40 skyscraper
5 Eaton's Centre Hotel 39 high-rise building