Edmonton plans $14-million redevelopment around Stadium LRT station
Edmonton city council heard a report on cost-sharing for the project, Monday, which could begin as early as 2016.
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The foundation for a new transit-oriented development (TOD) around the Stadium LRT Station is being laid this week as city council discussed Monday what it hopes will be one of the city’s next “main streets.”
Councillors talked about a cost-sharing agreement for the proposed new street that aims to create a “walkable” gateway from the stadium area to Jasper Avenue and the river valley.
“A key to the Stadium Station TOD is making a new connection from one side (of the Capital Line LRT track) to the other,” said senior planner Erik Backstrom.
Council has already allocated $14.1 million dollars towards the project, but the developer, Brookfield Residential, is also expected to contribute.
The city is working out details with them on the cost-sharing plan discussed Monday.
Councillors also directed administration to work with Brookfield on planning an at grade pedestrian rail crossing to the Stadium Station platform.
On Thursday, the city will hold an open-house to discuss rezoning the area as well. Backstrom says will get the area’s zoning “in line with the city’s vision” for pedestrian-friendly commercial and public space.
Backstrom anticipates the cost-sharing and re-zoning will be in place by the end of November, and “hopefully some infrastructure can start to be built next year.”
The first building in the area could go up as early as 2016.
Backstrom said the area would include public plazas at either end of the street, near the stadium at one end and 84 Street at the other.
“These places will be for people to enjoy and use getting to or off the train, have a coffee, hang out, that’s part of the scheme as well,” he said.
He also said the development is one of many planned around the city’s “existing and future LRT stations.”
The city’s Blatchford development has the “Metro Line right on its front door step,” and the planned TOD at Millwoods Town Centre is “where the Valley Line will terminate.”