- Sep 22, 2015
- Reaction score
- Edmonton, Alberta, Canada
Story encompasses a bit more than just the Muttart lands, but since they seem central to this plan I thought I'd use this thread to talk about it.
$14M partnership aims to see new community flourish around Stadium LRT station
City officials believe a new Edmonton-Brookfield partnership could finally crack the city’s challenge to building new walkable, high-density neighbourhoods around LRT stations.
The city and Brookfield are going 50-50, with the developer matching Edmonton’s $14-million investment in sewer upgrades, new LRT line crossings and a local promenade.
It would kick-start development on the Brookfield-owned Muttart lands and, officials hope, lead to redevelopment all around the station. A new area plan for the adjacent neighbourhoods went to public hearing Monday.
“I’m really, really hoping that this will be the (transit-oriented development) we can put out to the public and say this is what we’re talking about,” said Ward 7 Coun. Tony Caterina.
The partnership was first approved by council in 2014, but the developer put it on hold during the downturn. Now it’s hoping to start construction this summer.