City of Edmonton approves two condo towers

The two buildings will deliver 650 new housing units to city's downtown

By
Western Investor
November 27, 2018





calgary towers

 

The City of Edmonton has approved the construction of two tall condo towers that will hold approximately 650 housing units.

The project, by Langham Developments, will consist of a 37-storey and a 43-storey tower on 104 Street near 100 Avenue.

The towers will have two storeys of street-level retail and commercial space and include 29 three-bedroom lofts aimed at families. 

Langham will be offering units for sale in the first tower by the end of this year and hopes to have it under construction in 2019.

Meanwhile, Morguard Investments has proposed to rezone the site of the Bonnie Doon shopping centre, transforming it into a mixed-use development with residential, retail and office space. If approved, the area would see the development of more than 4,000 residential units on the 29.5-acre site. It would include row housing, mid-rise and high-rise buildings.

The city is reviewing the rezoning application for the giant project, which could take up to 30 years to complete.

The goal is to provide housing for people at various stages of life, said Margaret Knowles, senior vice-president of development for Morguard. “We’re looking at 55-plus, assisted living as well as independent living, all the way down to having homes for Millennials,” she said.


Copyright © 2018 Western Investor

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