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19.01.2021 / 02:51

Downtown Saskatoon vacancy rate remains high as employers ponder work-from-home future

Indigenous architect Alfred Waugh tapped to design new downtown Saskatoon library “I don’t envy any tenant that’s really got to think about their office needs right now,” said Walchuk, a partner with ICR Commercial.The over-supplied market predates the COVID-19 pandemic. Walchuk said the construction of new offices at River Landing led to a “flight to quality.” Sluggish commodity markets have also hurt interest, he said.While the pandemic didn’t create the high vacancy rate, it impacts employers looking to renew their office spaces.

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