I agree. I think if it was a company shifting from the CWE or something of that effect, it would be fine, as that vacated space would eventually be filled and we would have added jobs closer to the urban core of the city.wabash wrote: ↑Aug 21, 2017^that would seem like a net loss, since Arcturis is leasing the same amount of space now in 720 Olive, so assumedly wouldn't have significant hiring plans with the move. And it would be jobs leaving the CBD. Also while the transit accessibility for the armory will be very good, 720 Olive is second to none.
I don't see anyone snapping up the space Arcturis would be leaving (this would be the second major tenant in a few years to pull stakes from that building). And the large, low floor might not be as easy to convert to apartments as the smaller floor plates higher up.
Pulling them out of Downtown would be a huge loss though.








