While many Calgarians look on with envy as the Edmonton Oilers plan a magnificent new building to play in, landlord Bob Dhillon sees only the opportunity.
The president and chief executive of Calgary-based Mainstreet Equity Corp. has been actively consolidating property in the Arena District.
The area Dhillon has focused on is close to the downtown, between 124th Street to the west, 104th Avenue to the south, 101st Street to the east and 118th Avenue to the north.
It is an area near three post-secondary institutions, close to LRT expansion and the redevelopment along 124th Street and 104th Avenue.
Edmonton’s economy is rolling. In-migration numbers are strong. It’s a gateway to northern Alberta for heavy oil. It’s a port city without the port.