This City-led redevelopment of 18 city blocks directly east and adjacent to downtown Edmonton (97 street to 92 street and 103A Avenue to the top of the river valley) will help revitalize an historic district in the heart of our community. The Phase 1 project is valued at $56 million.
- Currently houses about 2,400 residents and has abundant room for growth and redevelopment to accommodate up to 20,000 residents
- Project requires approximately $166 million in funding over several phases. Council has approved the funding for Phase I of the project in part through a Community Revitalization Levy.
- Project scope will include land acquisition, water and drainage improvements, remediation of contaminated sites, relocation of some existing utilities, sidewalks, streetscapes and public space improvements.
Capital City Downtown Plan
Investment in the Capital City Downtown Plan Catalyst Projects (supported by a Community Revitalization Levy - CRL), are intended to yield improved infrastructure, increased urban densification, increased economic activity in the core, and greater transit connectivity.
Total cost of City-led Catalyst Projects included in the Downtown Plan is estimated at $386 million (2011 dollars). Potential projects to be supported by the CRL or through debt borrowing are:
- Central Warehouse Housing Incentive Program and Campus Central Park
- Jasper Avenue New Vision
- River Valley Promenades
- High-Profile Bikeway System
- Central Gathering Place for McKay Avenue
- Green and Walkable Downtown
- Downtown Stormwater
- Drainage Backbone project
- Contribution to Proposed Downtown Arena and infrastructure to support Arena project
West Rossdale Redevelopment
A Design Plan will facilitate the development of the West Rossdale lands from a largely vacant, under-developed area into an attractive, livable well-designed community.
- Project will include infrastructure upgrades, streetscape improvements, land acquisition, lot consolidation, land sales and underground infrastructure upgrades.
- Project will re-purpose the EPCOR Rossdale Generation station and improve connections to the Alberta Legislature grounds.