The Value of Investing in Canadian Downtowns - International ...

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EDMONTON a downtown filled with momentum and opportunity Snap Shot of Edmonton “So goes the downtown, so goes the City” Alberta’s provincial capital Sixth-most populous Canadian metropolitan area Growing downtown population Sprawling, decentralized region Vulnerable to oil booms and busts Magnet for interprovincial migration . Downtown Edmonton has overcome a period of economic decline and is back on the path to growth and prosperity. This is thanks in large part to strong leadership, thoughtful long-term plans, significant public investments and some economic good fortune. Today downtown Edmonton offers an excellent example of a City proactively using an innovative range of tools to strengthen its downtown. Nevertheless, the resurgent downtown faces a number of challenges, including a development community and property market inexperienced with downtown growth and the ongoing decentralizing sprawl of the metropolitan area. Edmonton is a city laudably committed to the principles of a strong downtown, but its urbanism is still young and not yet fully differentiated from suburban modes of thinking and doing. 144
Downtown Edmonton Timeline 1912 - 2011 1912 - 1981 1912 - Amalgamation with Strathcona & North Edmonton 1931 - Real Estate Crash 1949 - Oil Discovery at Leduc 1950 - Edmonton District Planning Commission established (1 st regional planning body) 1966 - CN Tower, Edmonton’s 1st skyscraper, is built 1978 - Commonwealth Games occur; LRT opens 1981 – West Edmonton Mall opens 1984 - 2011 1990 – New City Hall opens 1997 - Downtown Plan targets residential growth 2006 - Metropolitan population exceeds 1 million 1984 – 1st of 5 Stanley Cup championships 1995 – Edmonton Metropolitan Planning Commission replaced by voluntary Alberta Capital Region Alliance 2003 - CBC television and radio studios move downtown 2007 - University of Alberta moves into Enterprise Sq. 2008 - Capital Region Board established 2010 – Alberta Art Gallery Opens 145 2011 - EPCOR Tower is the first new office tower in nearly two decades
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ACKNOWLEDGEMENTS This project would
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CONTENTS ACKNOWLEDGEMENTS .........
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Additionally this project aims to b
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with the selected downtown study ar
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KEY FINDINGS The project team devel
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Downtowns are iconic and powerful s
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Victoria have very sensitive downto
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PROSPERITY Does the downtown have a
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These are very promising signs, yet
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Downtowns are making a major contri
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The densest downtown is Vancouver a
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Downtowns are important places for
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Winnipeg Fredericton Edmonton Halif
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Downtown Toronto and downtown Vanco
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Municipal Investments (mapped inves
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DOWNTOWN CASE STUDIES 32
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Downtown Halifax Timeline 1749 - 20
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VISIBILITY Does the downtown have a
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VISIONARY Does the downtown have st
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LIVEABILITY Is the downtown vibrant
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sites for redevelopment that are cu
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Summary of Municipal Investments Pr
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Key Patterns of Investment: 1. Cent
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Future Investments The proposed Con
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Downtown Fredericton Timeline 1749
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PROSPERITY: Is the downtown’s eco
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Municipal Tax Base Since 1995, the
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Public Realm Downtown Fredericton h
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60 Municipal Investments in Downtow
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2. Enhancing the waterfront Committ
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Downtown Ottawa Timeline 1792 - 201
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charges have recently been reinstat
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Many of the federally occupied buil
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Safety Downtown Ottawa is seen as a
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transit service downtown and across
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Summary of Public Investments Publi
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Key Patterns of Investment: Convent
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Downtown Toronto Timeline 1793 - 20
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Context Map: Key Assets and Feature
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The downtown study area differs sli
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http://www.architravel.com/architra
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Office Development Downtown Toronto
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Municipal Tax Base The downtown mak
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Safety Crime indicators for the Cit
Page 96 and 97: STRATEGY Is the City Strategically
Page 98 and 99: Public Investments in Downtown Toro
Page 100 and 101: 5. Strengthening Communities Invest
Page 102 and 103: Downtown London Timeline 1840 - 201
Page 104 and 105: VISIBILITY Does the Downtown have a
Page 106 and 107: PROSPERITY: Is the downtown’s eco
Page 108 and 109: LIVABILITY Is the downtown vibrant,
Page 110 and 111: picnic tables, cafe tables with umb
Page 112 and 113: Summary of Capital Projects: 1998-2
Page 114 and 115: Key Patterns of Investment: The Cit
Page 116 and 117: WINNIPEG Growing in strength and co
Page 118 and 119: Context Map: Key Assets and Feature
Page 120 and 121: VISIONARY Does the downtown have st
Page 122 and 123: PROSPERITY: Is the downtown’s eco
Page 128 and 129: 126 Major Public Investments in Dow
Page 130 and 131: Ship Street, Sky, and The Strand. T
Page 132 and 133: Downtown Saskatoon Timeline 1903 -
Page 134 and 135: VISIBILITY Does the downtown have a
Page 136 and 137: Leadership and Collaboration The Ci
Page 138 and 139: Office Development Private office s
Page 140 and 141: LIVEABILITY Is the downtown vibrant
Page 144 and 145: Key Patterns of Investment: 1. Conn
Page 150 and 151: UNITY Does the downtown have strong
Page 152 and 153: Retail Development It has been obse
Page 158 and 159: 156 Municipal Investments in Downto
Page 160 and 161: downtown zoning bylaws ensure that
Page 162 and 163: Downtown Vancouver Timeline 1859 -
Page 166 and 167: PROSPERITY Is the downtown’s econ
Page 168 and 169: The downtown also generates a fifth
Page 170 and 171: Eastside community, which could pot
Page 172 and 173: uild freeways into downtown Vancouv
Page 174 and 175: 172 Downtown Vancouver Capital Proj
Page 176 and 177: 2. Building complete communities In
Page 182 and 183: The City has also taken strong lead
Page 184 and 185: downtown is striving to offer a uni
Page 186 and 187: Safety Downtown Victoria has faced
Page 190 and 191: Pattern of Investment: Investing in
Page 192 and 193: QUICK WINS FOR CANADIAN DOWNTOWNS O
Page 194 and 195: Connecting the Downtown with Natura
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comprehensive planning processes to
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uilding and reconnect it with surro
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198 APPENDICES
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Yet, where the municipality had not
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Data Gaps From the outset of this p
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The foundation of the five principl
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was also collected that examines pr
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APPENDIX 2 - PHOTO CREDITS Front Co
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Context Map The Harbour: http://www
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Toronto 212 Confederation Square: h
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214 Rebuilt Covent Garden Market: h
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Parking lots: The Alberta Legislatu
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Victoria Cover Page Red Second post
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APPENDIX 3 - REFERENCE LIST City of
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City of Edmonton. (2010). Capital C
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City of Vancouver. (2007). Downtown
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Condos Victoria BC. (2011). The Atr
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Harris Consulting (2007). City of V
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The Star Phoenix Website. (2011). S
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