Manulife Place set for a $45M redevelopment

The Manulife Place office tower in downtown Edmonton is set for a $45 million redevelopment. The project by Epic Investment Services will modernize the 36-storey building’s common areas, amenities, and retail spaces, bringing fresh vitality to the city’s core.

Work to modernize the building’s exterior has started, which will include new glazing on the ground and second levels that will refresh the streetscape and create a striking new lobby entrance. Inside, the upgrades will transform the two-story retail podium with new flooring, LED lighting, and inviting communal spaces designed to enhance the tenant and visitor experience.

In response to the increasing demand for top-tier office environments, the project will include a revamp of amenities including a club quality fitness centre, end-of-trip facilities with expanded bike storage, an exclusive tenant lounge and a state-of-the-art conference Centre. The building also has a 45,000 sq. ft. rooftop terrace that provides tenants with a unique urban green space retreat in the heart of Edmonton.

The office and retail space will be anchored by Canadian Western Bank, who will soon join forces with National Bank of Canada, while additional retail space in the two-story podium will accommodate new food and retail offerings, catering to the diverse needs of the city’s changing downtown.

When completed, the newly-designed lower floors will contain approximately 30,000 square feet of retail space. The project team includes Dialog and Ellisdon.

As downtown Edmonton continues to evolve, including with the expansion of the ICE District, the repositioning of Manulife Place aligns with the city’s growth. Through this redevelopment Manulife Place will be reintroduced to the market as a premier address for Edmonton, attracting tenants who will play a key role in shaping the city’s future and contribute to its continued transformation.

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