Revitalizing Edmonton: A Bright Future Ahead!
Revitalizing Edmonton: A Bright Future Ahead!
Edmonton is on the rise! This beautiful city in Canada is becoming a top choice for those looking to visit, live, or work. With a growing population, Alberta's government has teamed up with the City of Edmonton and OEG Sports & Entertainment Inc. to give the downtown area a much-needed revitalization by March 2025.
Part of this exciting plan includes a 10-year extension of the downtown Community Revitalization Levy (CRL). This extension will not only create jobs but also expand affordable housing and refresh the downtown core.
The government's commitment to strong communities means investing in infrastructure, which brings real benefits to locals, including improved public spaces and safety. The idea is simple: the more the city grows, the more value it creates. By reinvesting property tax revenue from new developments, Edmonton can enhance the heart of the city.
Exciting projects are already in the works, including the expansion of the Francis Winspear Centre for Music and a new vision for Jasper Avenue. With an estimated $976 million available through the CRL revenues over the next decade, Edmonton is set for incredible growth!
Join us as we follow the journey of this city transforming into a thriving metropolis, welcoming everyone with open arms!