ICE District and Stantec Reach for the Sky With Start of Superstructure

EDMONTON, ALBERTA--(Marketwired - Aug. 4, 2016) - Today, ICE District Properties Joint Venture and global design firm, Stantec, are celebrating the beginning of ICE District's newest skyscraper - Stantec Tower. Once complete, this superstructure will become the tallest building in Edmonton and part of one of the largest mixed-use projects in Canada.

The 66-storey tower will have 28 storeys of office space and approximately 481 residential units. It is set to open in two phases - fall 2018 for the office and fall 2019 for the residential component. The building has been fully designed, engineered and project managed by Stantec, demonstrating its world-class capabilities and experience.

The new tower will consolidate more than 1,700 Stantec employees into one centralized location in the heart of Edmonton's downtown revitalization project. When the organization moves in fall 2018, Stantec will occupy 19 floors and close to 460,000 square feet of the new tower.

Targeting a LEED Gold certification upon completion, Stantec Tower will be a state-of-the-art, 820 foot high (250 metres) structure that will be an integral component of ICE District. Located at the corner of 102nd Street and 103rd Avenue, the tower will include iconic design elements, including a lobby that opens into the vibrant public plaza providing convenient access to Rogers Place and Ford Hall.

"Today's celebration marks another exciting development built to provide Edmontonians a great place to work, live and play," said Glen Scott, Senior Vice President, Real Estate, Katz Group. "Stantec Tower will serve as a cornerstone structure within ICE District and its very magnitude will make the rest of the country take notice."

Stantec's new headquarters will provide the organization with more space and increased proximity to the great amenities that ICE District has to offer.

"By relocating a significant number of employees to this new tower, Stantec is furthering our collaboration with ICE District," said Bob Gomes, President and CEO, Stantec. "By being part of this process from the ground up we are confident this building will not only serve as an ideal workplace for our employees, but will also set a new standard for the design and development of buildings in Edmonton and beyond."

In addition to Stantec, the tower will also be home to PwC Canada and Dentons Canada LLP. ICE District will also be the future home of the Edmonton Oilers, Rogers Place, JW Marriott Edmonton, condominiums, retail space, restaurants, nightlife, a vibrant public plaza and more.

For more information and updates on ICE District, visit www.icedistrict.com.

About ICE District

ICE District will be the largest mixed-use sports and entertainment district in Canada and is already projecting an energy and feeling unlike anything Edmonton has seen before. ICE District will deliver a new era of entertainment in the form of epic concerts, heart-stopping NHL and WHL hockey, blockbuster movies, world-class gaming, boutique shopping, trendy dining and more. A humming public plaza with year-round programming will host events from festivals to public skating. All of this, just steps from sophisticated residences and premium office space. Rogers Place is being developed by the Oilers Entertainment Group and the City of Edmonton. ICE District Properties, a mixed-use development surrounding Rogers Place and Ford Hall, is being developed through a joint venture between Katz Group and WAM Development Group.