That place was one of the reasons we went there as my GF loves it.
As for BIAs, levies and the like, they are ALWAYS controversial, but generally speaking and I would say 124st does a good job, do A LOT of things behind the scenes as 124 or in partnership with the BIA alliance across the city...
Little known fact: Circa 2007 I represented a well known local developer and contractor to put an offer on this site and were told it was 'not for sale'.
I know of a site that's ripe for this type... Maclab (unless something has changed) owns the lot west of Omega and could acquire the ones north potentially. This would be perfect with a corner CRU and townhouses fronting 99ave and up 106.
Ottawa is building A TON of density around its new system and is maybe the best and closest example.
Montreal, Tor, Van of course.
Calgary is doing a much better job at it and even Halifax is around its main bus routes.
It's just very odd given the expenditure on transit that more developers...
Bingo. The downpayment burden and interest rates (hoping we see that drop tomorrow) have led to an implosion of the condo market in central Edmonton and thereby prices. We have seen revenue properties come back onto the market due to interest rates as well, although upward rent pressure has...
This video REALLY highlights the potential along 87, 156, SPR. It's also remarkable that if this was in any other city we would be seeing speculation and 10-20 multi-fam projects in planning or U/C along this route. Here's hoping, but it seems to be a reminder of how Edmonton real estate works.
Things improving, but the new era of 'downtown work' and WFH means it needs to focus on events, residential, experience.
Also, THANK GOD for ICE District/Rogers/Oilers.