I think that this is an ideal Community Revitalization Levy Project. First of all the project is expected to be built out in 8-10 years in phases where the first phase begins immediately. Also it is a comprehensive Planned development that includes Condominiums, Assisted Living & Seniors Care, a combination residential + hotel, and two rental + condo residential towers, soft costs included, nearly $1 Billion in development on what has come to be known as Edmonton's North Edge. The project would be a great incentivizer for community redevelopment north of 105th Avenue. And with Qualico's experience I think they could stay one step ahead of Katz's Phase II.
The CRL money they are requesting is earmarked for 105th Ave Bike Lane improvements, outdoor public amenity areas including a plaza and a corridor "mews", a 97th Street "living bridge" connection, and -- and this is where 3/4 of the CRL money would be spent -- an underground pedway connection to the Royal Alberta Museum (one leg) and to Churchill Station, the Library, the Art Gallery, the Citadel, and Winspear, adding vibrancy to the whole area.
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