Diamond Dialog & News

Archive for April, 2015

04/22/2015

Downtown Edmonton Growth

Downtown Edmonton is on a roll and that’s good news for Diamond Parking Ltd. By 2017, Edmonton’s downtown core will have almost $2 billion worth of new development, notes Diamond’s Regional Vice-President David Potter. “Several projects are moving forward including a new arena complex and entertainment district, as well as the relocation of the Royal Alberta Museum to downtown.” David adds that two high-rise hotels and two large office towers are also being developed as well as new government offices. “It amounts to unprecedented growth for Edmonton. When you have billions of dollars of construction value being brought on stream within a short window, that’s unheard of, not just in Canada, but in North America.”

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