Edmonton industry leaders joined the moving-in ceremony on Tuesday, including Puneeta McBryan, executive director of the Edmonton Downtown Business Association.
McBryan said the additional 500 workers in the downtown realm is a big deal.
"I'm not hearing announcements like this — of an institution moving hundreds of people into downtown and any downtown across the country," McBryan said in an interview. "So this is a huge move."
She said it's difficult to calculate the potential economic impact to the downtown core but she is confident employees will be spending money on eating out, catering in for meetings, parking and transit.
"Having a fully utilized building like this is a really big boost to the downtown economy."
She's also confident more workers downtown will attract others to the core.
"It really is like a snowball building momentum, when we think about downtown vibrancy," McBryan said. "People want to be where other people are."