[6] Commerce Place is also home to the Edmonton Consular Post, a satellite of the Italian Consulate in Vancouver.

[7] In December 1986, Toronto-based developer Olympia and York revealed that they had acquired property north of Jasper Avenue and south of Manulife Place between 101 and 102 Street.

[8] The following year, Olympia and York announced plans for an 1.35 million square foot project, then called CityCentre, in downtown Edmonton that would consist of twin skyscrapers and a shopping mall.

[3][4][10] In 1992, Olympia and York went bankrupt and in June 1993 sold the complex to Canadian Imperial Bank of Commerce.

Plans for phase two which would had incorporated the CIBC branch at the corner of 101 Street and Jasper Avenue and construct a second skyscraper were put on hold indefinitely due to the slump of the commercial real estate market at the time.