11-25-2015, 06:40 PM
(11-25-2015, 04:47 PM)panamaniac Wrote:(11-25-2015, 01:47 PM)KingandWeber Wrote: Pure speculation, but I wonder if it may be bought and incorporated into the planned King's Crossing development? It's right next door after all...
As good a guess as any at this point. It would certainly make room for a much larger development - I hadn't noticed how much parking space there was behind Ratz's.
The planned redevelopment of 607 King is already 550,000 sq ft, and I don't think it covers the entire property. I find it hard to imagine that Zevest Development felt that wasn't big enough, and that there's a market for something substantially larger. The downtown Kitchener office market is very tight for class A space, but I still can't imagine any tenants looking for that much space. Even Google's huge new office is only about 200,000 sq ft.