• Investors in limbo as Edmonton mayor cautions premier's infill edict will cost jobs

    Source: Alberta - Edmonton Journal (Legislature & Capital)
    Date: 2026-10-23 20:31:11.0
    Tags: [Alberta, Municipal, Housing, Economy, Governance]

    Alberta Municipal Affairs Minister Don Williams issued an order in council requiring the cities of Edmonton and Calgary to roll back their zoning and land-use bylaws. Under the provincial directive, Edmonton has three months from Oct. 22 to revert its zoning to residential small scale matching pre-2024 standards and 18 months to draft a new zoning bylaw meeting ministerial expectations, while Calgary must reinstate its low-density residential districts within three months and write a new land-use bylaw by Sept. 1. Edmonton Mayor Andrew Knack cautioned that the sudden directive will harm affordability, stall active developments, and impact construction sector jobs. Industry representatives, such as Synergy Capital group manager Akith Dissanayake, noted that numerous clients who spent hundreds of thousands of dollars on the city permitting process now face severe uncertainty and sunk costs.

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  • Price spread between new and resale condos reveals market strength

    Source: Alberta - Edmonton Journal (Legislature & Capital)
    Date: 2026-10-22 14:16:43.0
    Tags: [Alberta, Housing, Affordability, Economy]

    A report by Real Property Solutions (RPS) indicates that the price spread between new and resale condominium units in Alberta widened from $84,000 in 2023 to $136,000 in 2025, reflecting market strength compared to tightening spreads in British Columbia and Ontario. According to Canada Mortgage and Housing Corp. statistics up to August 31, new condo development accounts for only 10 per cent of housing starts in Edmonton, while freehold ownership represents 47 per cent and rentals represent 43 per cent. Realtors Association of Edmonton statistics for September showed apartment resales down over eight per cent year over year, with an average condo price gaining 0.6 per cent to nearly $209,000, maintaining a buyer's market.

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  • Western defence hub marshals housing plans in Edmonton

    Source: Alberta - Edmonton Journal (Legislature & Capital)
    Date: 2026-10-16 14:07:07.0
    Tags: [Alberta, Municipal, Housing, Infrastructure, Defence, Economy]

    Edmonton is preparing for a major housing and economic surge driven by federal military spending increases toward a NATO five per cent benchmark, positioning CFB Edmonton as Canada's primary manoeuvre division. The expansion will bring an estimated 5,000 troops and their families to the region, complementing over 1,000 new military housing units and projects like a $22.5 million net-zero-emissions-ready apartment development at CFB Edmonton. Local homebuilders and developers are gearing up for increased housing demand beginning in late 2027, supported by municipal infrastructure planning in areas like Marquis and Quarry South, as well as St. Albert receiving $28 million from the federal Build Communities Strong Fund for regional servicing.

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  • Edmonton's housing affordability predicted to remain solid

    Source: Alberta - Edmonton Journal (Legislature & Capital)
    Date: 2026-09-24 16:55:23.0
    Tags: [Alberta, Municipal, Housing, Affordability, Economy, Infrastructure]

    According to the Fall 2026 Housing Supply Report released by the Canada Mortgage and Housing Corp. (CMHC), Edmonton's housing affordability is predicted to return to 2019 levels within 10 years, moving from an average price-to-income ratio of 30 per cent down to 25 per cent. The CMHC report highlights that Edmonton has no measurable housing supply gap, driven by a sustained average annual start pace of 15,000 units, well-supported by recent high construction levels including a record-setting 21,337 starts in 2025. Realtors Association of Edmonton statistics note that Edmonton's average home prices have increased by more than 20 per cent over the past five years, while the city continues to experience strong economic growth of about six per cent annually.

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  • 'A lot more change': Downtown Edmonton flush with fresh retail vacancies

    Source: Alberta - Edmonton Journal (Legislature & Capital)
    Date: 2026-09-11 18:34:09.0
    Tags: [Alberta, Municipal, Housing, Economy, Infrastructure]

    A commercial real estate report by CBRE highlights shifting retail vacancies and revitalization efforts in Downtown Edmonton, driven by multi-million-dollar projects like the National Bank Centre renovation. Concurrently, Edmonton developer Westrich Pacific plans to convert stagnant retail space at the former Hudson's Bay store in City Centre Mall into approximately 1,500 residential units alongside a luxury rooftop Nordic spa. Meanwhile, suburban retail markets in Edmonton are thriving with low vacancy rates supported by heavy population growth.

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  • Edmonton celebrates 10 years of Rogers Place

    Source: Alberta - Edmonton Journal (Legislature & Capital)
    Date: 2026-09-10 21:34:06.0
    Tags: [Alberta, Municipal, Infrastructure, Housing, Economy]

    Edmonton city councillors Mike Elliott, Reed Clarke, and Anne Stevenson proclaimed September 10, 2026, as Rogers Place Day to mark the 10-year anniversary of the downtown arena's opening. Developed via public and private negotiations involving the Katz Group and OEG Sports and Evolving Entertainment (OEGSE), the venue and surrounding Ice District have spurred $2 billion in private investment and generated over 10,000 jobs. Moving forward, OEGSE announced planning for Phase 2 of the Ice District, which intends to deliver 3,000 units of housing and a new public event park to help address ongoing downtown core revitalization challenges.

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