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Alberta & Prairies  + Finance  | 
Edmonton's industrial real estate market has recorded its 14th consecutive quarter of positive absorption according to a new Avison Young report.

Edmonton Proposed Zoning Bylaw Aims to Reduce Zones

Edmonton’s city council is about to review a proposed new zoning bylaw that would reduce the Alberta capital’s development zones.

Public hearings will be held in council chambers Monday, Tuesday and Wednesday before Mayor Amarjeet Sohi and councillors vote on the proposed bylaw.

If all goes according to plan, the number of zones would be cut to 23 from 46. The move would overhaul the local government’s permitting process and make it easier for commercial real estate developers and other builders to get projects approved and completed.

Zones would be divided into residential, mixed-use, commercial, open space and agriculture categories. The residential zones would allow for a mix of low, medium and high density and a category for properties transitioning to higher density.

Certain zones would be set for the city’s river valley and future urban development. The agriculture zone would protect farmland from future residential construction.

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Inside The Story

City of EdmontonAmarjit Sohi

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

  • ◦Development
  • ◦Financing
  • ◦Policy/Gov't
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