Manulife Development Project

[taylortbb]

Do you think this is a dead project now that Manulife will be vacating their downtown Kitchener offices?
https://www.therecord.com/news-story/868...kitchener/

I feel like that story has to be missing some details. They just spent a lot of money renovating the downtown office, and even after the lay-offs I don't see how they could add all those people to their office in Waterloo. I don't think the Waterloo building is half empty. If it was they wouldn't have spent money expanding the office space downtown to add more employees just last year.

In general though, I think layoffs probably make the redevelopment more likely. Biggest problem for the redevelopment would be employee relations over the lost parking, but that's less of an issue now.