Thank you, Madam Speaker. In the last Assembly the government did a comprehensive general purpose office space review and that review took into consideration all current and future space. The numbers that we have are a little bit different than the numbers that Mr. Dolynny is suggesting and I would be really interested to see where he got his numbers. For Class A and B property, which is what the government would be renting, we show 70,000 square metres here in Yellowknife and with the addition of the new Gallery Building we see an additional 5,000 square metres. This, based on our analysis, will only take it to between 5 and 7 percent, which by any account is a healthy market. By the time our building is constructed – and the RFP has gone out, it has been awarded and construction will begin this September – that building will, if normal trends show to be true, be full and we’ll still be back down at the 0.1 or 0.2 or 1.6 or zero percent vacancy here in Yellowknife. We don’t see a significant impact on the Yellowknife market.
Glen Abernethy on Question 82-17(3): Vacant Office Space In Yellowknife
In the Legislative Assembly on June 5th, 2012. See this statement in context.
Question 82-17(3): Vacant Office Space In Yellowknife
Oral Questions
June 4th, 2012
See context to find out what was said next.