The developer of the Icon Towers in downtown Edmonton is planning to build another condominium just one block north on 104th Street.
Langham Developments Ltd. recently purchased land at the corner of 104th Street and 102nd Avenue, which is currently the home of a parking lot.
The company plans to build a development similar to the Icon on the site.
"We're thinking of two high rises," said Langham Developments president Reza Mostashari.
"The scope of it and how tall and how many units is still a moving target at this point, but we are going to probably start with the first phase first and then gauge how that goes and then introduce the second phase, just like the Icon."
Detailed plans for the new project should be completed by the end of the year.
A company called Urbia Developments announced in 2008 it was building two towers — one as high as 50 storeys — on the site but the plan was never developed.