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After more than 100 years, the Walterdale Bridge reached the end of its service life and needed to be replaced. Construction on the $155 million project began in 2013. The new bridge celebrated a grand opening in September 2018.

The bridge features 3 northbound traffic lanes and enhanced pedestrian and cyclist crossings. Roadway and trail links north and south of the river were also enhanced.

This signature bridge is the first of its kind in Edmonton, with two 56m tall arches spanning the river just east of the current bridge. The new bridge arches are supported by thrust blocks on both river banks, eliminating permanent in-river piers.