Dollarwise is no more. The demolition was on at the location at 1142-101st Street on Tuesday morning. Tom Hutchinson of Magic Lantern Theatres in Edmonton wrote in an email to the Regional Optimist recently they would be demolishing the building at 1142-101 St. He wrote the reason for tearing the former Dollarwise building down was due to cost. “We don’t normally like to tear buildings down, but this one would take half a million dollars to put back together and there really isn’t much of a building there to begin with.” Before Dollarwise, the building was two buildings, one of which was a jewelry store. Hutchison wrote the two buildings were “mashed together with one common front (and common utilities) some time ago.” The demolition is one phase in a series of plans for future downtown development. Other plans, however, could not be confirmed at the time of publication. The News-Optimist/Regional Optimist will be following up on future developments along 101st Street. Lyle Schell Contracting performed the demolition. Photos by John Cairns
