EPCOR announced plans earlier this month for the construction of a new office tower in downtown Edmonton, which will become the company’s new headquarters.
Alberta News
EPCOR announced plans earlier this month for the construction of a new office tower in downtown Edmonton, which will become the company’s new headquarters.
EPCOR Utilities Inc. announced a plan on Dec. 7 for the construction of a 28-storey building on its Station Lands property at the corner of 101st Street and 104th Avenue, which is located Northwest of the CN Tower.
The city-owned utility signed a 20-year lease with Qualico’s Station Lands for 265,000 square feet of space on the top floors of the building.
“The EPCOR Tower reflects the company’s leadership and growth in the power and water business,” said Don Lowry, president and CEO.
“It will help EPCOR attract and retain the talented people the company needs to grow and demonstrates environmental leadership.”
The Tower will bring all EPCOR’s downtown employees into a single location.
There are currently nearly 1,200 employees at EPCOR’s downtown Edmonton offices, with the total projected to rise to 1,367 by 2012.
The new EPCOR Tower at Station Lands will become the company’s downtown Edmonton headquarters.
Station Lands was recently issued a Development Permit by the City of Edmonton.
Site preparation is expected to begin in early 2008. EPCOR’s lease commences Jan. 1, 2012.
Leases at the company’s existing Edmonton offices expire at the end of 2011.
EPCOR Tower will be certified to a Leadership in Energy and Environmental Design (LEED®) Silver standard or higher, reducing energy, water and resource use.
EPCOR’s EnVest team will work with the developer to design an Environmental Stewardship Program for the building.
EPCOR Utilities Inc. builds, owns and/or operates power plants, electrical transmission and distribution networks, water and wastewater treatment facilities and infrastructure in Canada and the U.S.
“EPCOR has more than doubled its revenues and dividends during the past ten years, doubled its employee count, and gone from operating 5 power and water plants to 50 across North America,” Lowry explained.
“The success to date, and our long-term vision for growth, means that EPCOR needs more space.”
EPCOR’s Long Term Plan calls for capital spending of nearly $4 billion on new power and water projects over the next five years.
Station Lands is a Qualico project designed by Kasian Architecture Interior Design and Planning Ltd.
Construction management services will be provided by Ledcor Construction Ltd.
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