Project 10 is now on its 8th property
By Erica Marie
A shared aspiration of urban core neighbourhoods is to increase the housing market and attract more people to these areas. While Alberta Avenue sees a rise in new home builds, there are pockets of problems and derelict properties that still exist. The Edmonton Community Development Company (CDC) hopes to address that issue by investing in real estate that aligns with revitalization efforts.
Abandoned properties create opportunities for squatting and drug activities, contributing to the neighbourhood’s crime rate. Dilapidated houses also affect the identity and morale of a community. These factors combined cause property values of adjacent homes to decrease.
The city of Edmonton launched Avenue Initiative Revitalization Strategy in 2006 with a vision for “safe streets and spaces, strong community life, thriving economy, and environmental wellbeing.” Another project to improve Alberta Avenue is the city’s Neighbourhood Reconstruction plan in 2019. It involves repaving, replacing street lights and reconstructing sidewalks, curbs and gutters.
Despite the progress from the city’s efforts, community members feel the support must continue to prevent the social disorder from burdening the residents living within the neighbourhood.
As part of the Edmonton CDC’s Project 10, a strategy to purchase and demolish ten derelict properties in Edmonton’s core neighbourhoods, they are pleased to announce the recent acquisition of their eighth property located in Alberta Avenue.
Property #8 located in Alberta Avenue
This home was run down and occupied by squatters. According to Karen Gingras, the Edmonton CDC’s Executive Director, they found ammunition strewn around the building when they performed a site walkthrough. They needed to remove the hazard correctly before the demolition crew went in. Once the structure has cleared, they plan to build a front-to-back duplex with basement suites.
Euro Design Master Builder specializes in infill development and is currently constructing two other duplexes within Project 10 in McCauley and Eastwood. They will also be taking on the rebuilding of property number eight.
Alberta Avenue is one of the oldest communities in Edmonton. According to EDify, Edmonton’s lifestyle magazine, it is still one of the best places to live because of its high Walk Score. Respondents of the Best Neighbourhood Survey valued walkability as their top priority in determining what makes a great neighbourhood. “Walk Score measures the walkability of a neighbourhood based on the percentage of daily errands that can be accomplished on foot in the area.”
Home to Arts on the Ave, the community brings festivals and events to the area all year round. Theatre Prospero and The Nina Haggerty Centre for the Arts are also located in Alberta Avenue, adding to the neighbourhood’s artistic vibe. This location offers great accessibility to Downtown, NAIT, Kingsway, and the Yellowhead Highway. The Edmonton CDC is eager to welcome families into their new and modern housing.