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CDC's 2019 Progress Report

Progress 2019

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PREFACE
We were in the process of writing this report when COVID-19 became a world-wide pandemic. Like you, we have adjusted our personal and professional lives to ensure optimal safety of our staff and board members. All of us at the Edmonton CDC hope you, your loved ones, and your neighbours are healthy and safe.

EXECUTIVE SUMMARY
Edmonton CDC began its operations in January 2018 when Executive Director Mark Holmgren was hired. Our start-up phase lasted for about six months, during which we outfitted our office and began to address considerations of financial management, accounting, and board governance. Meetings took place during that time with community members and key representatives from governments, the development
sector, and funders.

Karen Gingras came on board later that year as the CDC’s Director of Neighbourhood Development. Community engagement work began with respect to parcels of land provided to the CDC by the City of Edmonton in the Alberta Avenue, McCauley, and Fraser neighbourhoods.

In 2019, we saw significant progress in our Fraser and McCauley projects. Later in the year, we adapted our work to support the McCauley community’s successful efforts to purchase a long-time problem property, The Piazza (a six-bay commercial strip mall in the heart of the neighbourhood).

We had setbacks, too. Due to austerity measures brought in by a new provincial government and the loss of any federal representation in Edmonton, the ArtsCommon 118 project in Alberta Avenue could not continue as originally envisioned. We began the process of rethinking the project in the last quarter and are continuing to seek a viable, go-forward development.

Capturing our community development work does not fit neatly in annual reporting segments. Capital development on large parcels of land takes time, especially when engaging neighbourhoods in visioning what they want to see built on CDC land assets.

This report identifies work accomplished in 2019 and ongoing into 2020. Our work could not be possible without multi-year funding from the City of Edmonton, Edmonton Community Foundation, United Way Of The Alberta Capital Region, Homeward Trust, and the Stollery Charitable Foundation. Project funding has also been provided by the City, the Alberta Government, and the Alberta Real Estate Foundation. Thanks as well to the City of Edmonton for its commitment to provide $10 million of land to Edmonton CDC.

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