WATCH ABOVE: A North American developer is placing its bet on a piece of land in central Edmonton that, for years, sat underused. Vinesh Pratap reports.
EDMONTON – Brookfield Residential has announced it will develop a parcel of land in central Edmonton known as the Muttart Lands.
The site is located immediately south of the Stadium LRT Station between Commonwealth Stadium and Jasper Avenue.
Muttart Lands is a nine-acre site located at 109 Avenue and 84 Street. The site is close to the LRT line, Commonwealth Stadium, Commonwealth Recreation Centre and the River Valley.
“We’ve got lots of research showing there’s an increasing demand for an urban lifestyle,” says Jarrett Campbell, the development manager with Brookfield Residential.
“The development will be mixed-use,” adds Jaydan Tait, the company’s vice president of infill communities, “meaning there will be a variety of housing types with retail and commercial space, which is essential for creating an area where people can work, play and live.”
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City councillor for the area, Scott McKeen, calls the project an attractive option for future residents.
“It holds great potential to create a dynamic, new community on the edge of downtown.”
The land sale was recently completed and work on the vision and design is underway. The Muttart project, including the name and start date for construction, will officially launch later this spring.
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