Why Spruce Avenue?
Spruce Avenue is a neighbourhood poised for redevelopment, as infill continues to grow and medium-density continues to be advanced throughout the area, along with consistent regeneration of amenities, services and community space.
The City of Edmonton’s plans and policies have envisioned and enabled the area as an increasingly walkable place, with access to LRT and meaningful destinations, like the Northern Alberta Institute of Technology (NAIT), the Royal Alexandra Hospital and Kingsway Mall. A multi-unit housing proposal, selected through the Missing Middle Infill Design Competition, will add to a growing list of investments occurring in the neighbourhood, from streetscape renewal to the $354 million expansion of the CapitalCare Norwood Centre to the 30,000-unit net-zero housing development project, Blatchford, less than 500 metres away.
The property in Spruce Avenue was chosen due to its sufficient size, location, proximity to transit and other services/amenities and developability ー after reviewing and comparing it to thousands of City of Edmonton properties. It has been deemed as surplus land by the City of Edmonton, is well-serviced, and has been determined as immediately sellable “as is” by the City of Edmonton’s Real Estate Advisory Committee. While the market prospects, as predicted by the City of Edmonton, are indeed excellent (e.g. residential condo and townhome median assessed values have increased by more than 4% compared to the city-average, -2.8%), it is the existing community-at-large that have actively endorsed the Missing Middle Infill Design Competition, welcoming positive change and growth in their neighbourhood. Spruce Avenue is ready for transformation ー are you in?
View the Spruce Avenue community profile, history and context analysis for more information on the neighbourhood.