Industry News
Extending Momentum: CRL Expansion and Action Plan Pave the Way for Downtown Edmonton’s Future
June 8, 2025
| Advocacy
Edmonton is taking bold steps toward revitalizing its downtown core, with two major developments aligning to support long-term growth and vibrancy. The proposed extension of the Downtown Community Revitalization Levy (CRL) through 2044, following provincial approval, marks a pivotal opportunity to maintain critical investment in the heart of our city. Updated provincial guidelines clarify the scope […]
NAIOP Canadian Chapters Propose Policies to Tackle Housing Shortage
April 3, 2025
| Advocacy
With the federal election campaign underway and increasing housing supply a policy priority for all parties, CREDA Chapters in Vancouver, Calgary, Edmonton, and Toronto have prepared a set of policy recommendations to help address the current housing shortage. The recommendations include: Read the info sheet We encourage all CREDA members to share these policy recommendations […]
Advocating for Fairness: Addressing Policy That Directly Affects Alberta’s Tax Regime and Its Impact on Business Growth and Investment
April 3, 2025
The Government of Alberta is inviting stakeholder feedback on the review of the Land and Property Rights Tribunal, the body responsible for hearing and making decisions on appeals related to commercial and industrial properties. Additionally, the government is seeking input on a proposed change to the Municipal Government Act, which would give municipalities the option […]
Investments in Downtown Project
November 18, 2024
Welcome to the Investments in Downtown series! We are excited to showcase a collection of determined developers and landlords that are making big investments in downtown. Their projects highlight positive changes that are occurring to bring new people, and new energy into the heart of our city. Thank you to the City of Edmonton (Downtown Vibrancy […]
Downtown Investment Plan
October 21, 2024
Edmonton’s downtown, once contributing 10% of the municipal tax base, has seen its share plummet to just 6.4%, and that’s putting pressure on all city taxpayers to make up the difference. But now, business leaders, developers, community stakeholders, and public institutions are rallying behind a positive long-term vision for Edmonton’s downtown. “The importance of people […]
Letter to City Council: Concerns & Alternatives to the Proposed Closure of Downtown Access Points
August 21, 2024
| Advocacy
Dear Members of City Council, As representatives of the downtown commercial real estate community we are writing to express our strong opposition to the proposed closure of multiple access points into downtown. We believe that this decision will have significant negative impacts on the ongoing recovery efforts downtown. Impact on Business Operations and Downtown Recovery […]
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