The Edmonton Galleria Project is a development proposed by the Edmonton Galleria Foundation (EGF). This public foundation is a community-led and community-driven, not-for-profit organization.
The EGF is working to build this development with the support of various partners, including the University of Alberta, the City of Edmonton, and private developers.
City’s role in the Galleria Project
The City of Edmonton has signed a Memorandum of Understanding (MOU) with the Edmonton Galleria Foundation. The MOU sets out a general path for the relationship between the City of Edmonton and the Foundation as it relates to the Galleria Project.
Though it is not legally binding, the MOU forms the basis for future formal agreements at the Foundation and its partners work to move ahead with their development by gaining support from other levels of government.
The MOU is based on the phased development plan presented to Council in May 2015. This ensures that certain milestones are met before City dollars are committed to the project, which balances supporting this Downtown development while ensuring public money is wisely invested.
The City’s total commitment, should all milestones be met by the Foundation, is $58.3 million, distributed as follows:
- Up to $7.5 million towards the total $30 million for design and construction of the pedway from Churchill LRT Station to north of 103A Avenue, connecting to the Royal Alberta Museum.
- $8.3 million, reflecting the value of the Reuse Centre/roadway closure land.
- $42.5 million of land related to theatre development (City will retain title to the land)
While the EGF has been working to build community support for the project and sharing information, the City of Edmonton undertook engagement with the community regarding this proposed project.
The intent of the City's engagement was to:
- Provide information to stakeholders about the proposed Galleria Project - including its components and phasing, governance model, and funding models.
- Outline the City's proposed role in the Galleria Project.
- Gauge public and stakeholder awareness and understanding about the proposed project.
- Identify the current level of support for the Galleria Project.
- Test the level of agreement with proposed benefits of the project.
- Gather the perspectives of the public and stakeholders regarding the proposed project, including opportunities and challenges.
- Identify recommendations that will better inform project proponents about issues to address, information to share, and proactive measures to take.
The EGF’s vision is to build and successfully operate four performing arts theatres in downtown Edmonton, complemented with a University of Alberta campus for fine arts students, that are affordable, accessible and meet the needs of students, artists and performance companies, and to create a long-term funding source for the benefit of the arts in Edmonton.
The City of Edmonton retains ownership of the land and will lease to the Edmonton Galleria Foundation. The City has no financial obligation to subsidize or take over any of the facilities.
There will be no ongoing financial contribution required from the City of Edmonton for operations of the Edmonton Galleria Project.The Edmonton Galleria will be located north of 103A Avenue, across from City Hall and adjacent to the new Royal Alberta Museum.