Attendance Data Source
Event
j:1 4;1 11 P1:i I Ii
LudiL-
Total Leaseable Office Space (Square Meters)
First Night Festival
30,000
City of Edmonton Parks and Recreation
Family Day
15,000
Downtown Business Association of Edmonton
Teen Festival
25,212
The Edmonton Teen Festival of the Arts
215,000
The Works: A Visual Arts Celebration
Jazz City
123,500
The Jazz City Festival Society
Sunday Promenade
225,000
Edmonton Klondike Days Association
Taste of Edmonton
110,000
Edmonton Klondike Days Association
Street Performers Festival
136,000
The Edmonton International Street Performers Festival
15,000
Downtown Business Association of Edmonton
3,000
Downtown Business Association of Edmonton
Christmas Lights Downtown
Other
Tourist Class
Liatau
5
16
Downtown Hotels
383,821
383,044
Vacancy Rate
11%
10.6%
8%
139,311
9.5%
Class C 1988
135,083
1,358,438
25%
21.4%
10
11.3%
11.6%
14.5%
21
1.2
(conversion)
33.8 Total
Millions of Dollars
1. Capital Centre: formerly Hillsborough Place
.1
2.
Century Place (renovation)
2.9
3.
City Centre Phase 1 and 1A
70
4.
Citadel Theatre Phase 2A
3.5
5.
Sheraton Plaza
4
(renovation/expansion)
6.
Downtown % of City
5
6
16
17.9
1,470
562
832
2864
31.0
Westin Hotel (renovation)
3.5
Underway/Completed in 1991
Percent of Restaurants City-wide 15.9
225
1,354,896 1,402,899
Completed in 1989/90
Source: Pannell Kerr Forster Research
Number of Restaurants Downtown
Total 1990
Total 1989
The total vacancy rate for downtown office space dropped by 0.3% in 1990, even though downtown gained 48,000 square meters of new office space (+3.5%). With no new major developments planned for 1991, the vacancy rate can be expected to drop further.
% of City
5
Number of Hotels Number of Rooms
Total
Full All Suite Service Apartment Hotels/Other
Deluxe Full Service
Tourist Class Hotels
884,772
Class C 1990
Downtown Development
1,207,112
Total
831,764
Class B 1989
Downtown Business Association of Edmonton
14,400
Santa Claus Parade
Class B 1990
Edmonton Northlands
200,000
Funtub Races
Class A 1989
Edmonton's International Children's Festival
95,000
Klondike Days Parade
Class A 1990
Source: Royal Lepage
The Works
Children's Festival
:ii 1Ti)I
Class A 1989
7.
Chinese Elder Mansion Tower 2 6
8.
Churchill Square Pedway
9.
City Hall
5 38
10. CN Tower (renovation)
5.5
11. Grant MacEwan College
100
12. Holiday Inn Crown Plaza: formerly Chateau Lacombe
8
13. Hotel MacDonald
20
(renovation/restoration)
Source: BARS Information System
14. Hudson's Bay Centre
60
(renovation/restoration)
1990
63950
This estimate is based on the 1988 Travel Survey plus an estimated increase for perceived growth in employment opportunities in 1990.
15. Journal Building
15
16. Nova Tower
1.4
(addition/renovation)
17. Royal Bank Building
7
(renovation/LRT connection)
Source: Transportation Department
;ink
Total Number of Projects Value
53 $57,020,000
Source: Strategic Planning /Building Inspection
Percent Increase 1988-1990
Percent Increase 1982-1990
Parking Stalls
1982
1988
Total
30,451
40,876
42,356
3.6
39.1
Surface
11,165
13,695
14,680
7.2
31.5
Structures
16,139
23,757
24,571
3.4
52.2
Total Available to the General Public
17,486
24,850
26,663
7.3
52.5
Source: Transportation Department
Age Group
1:4 ;Mail
0-19 20-39 40-59 60+ Other* Total
Population 1986 410 3,308 1,278 1,091 863 6,950
Percent of Population Downtown 1990 1986 5.9 47.6 18.4 15.7 12.4 100
483 3,515 1,438 1,085 531 7,052
Percent of Downtown 1990 6.9 49.8 20.4 15.4 7.5 100
Percent Change 1986-1990 +17.8 +6.3 +12.5 -0.5 -38.5 +1.5
Source: PLANS Information System
Dollars Downtown 1989
d I I IU1 Vi1 i
p1
Property Tax Levy
34,449,721*
Business Assessment
77,163,905 9,259,669
Business Tax Levy
Percent of City-wide 1989
Percent Dollars of Downtown City-wide 1990 1990
Percent Change Downtown 1989-90
Percent Change City-wide 1989-90
35,442,930
14.9
2.9
4.6
16.8
84,954,229
17.8
10.1
3.64
16.8
10,194,507
17.8
10.1
3.64
* population group for which age group data is not available
Source: Finance Department
*includes Rossdale
NOINOW03 NM 01 3,1011dW101 MYHOOld
1-co oaut
Number May-87
Type of Business
4110414
iumussassv naming
,
[11 iitJliU'] Ii
iram
Percent of City Wide 1990
2.8
46
2
46
2
3.9
Construction
56
2.6
40
1.7
36
1.6
3
Transportation
97
4.6
30
1.3
29
13
6.9
Communication and Utilities
15
0.7
15
0.7
14
0.6
13.6
Wholesale Trade
22
1
26
1.1
25
1.1
3.1
Retail Trade
509
24
621
27
608
26.6
9
Finance, Insurance and Real Estate
268
12.7
249
10.8
245
10.8
32.8
Business Services
467
22.1
467
20.3
476
20.9
19.6
23
1.1
20
0.9
20
0.9
21.7
Health and Social Services
180
8.5
177
7.7
169
7.4
13.3
Food, Beverage and Accommodation
215
10.2
221
9.6
226
9.9
15.7
Recreation and Amusement
16
0.8
11
0.5
15
0.7
103
Personal and Household Services
90
4.2
86
3.7
81
3.5
9.3
100
4.7
290
12.6
292
12.8
32.2
2117
Total
100
2299
100
2282
100
124
Source: BATS/BARS Information System Weathering the recession, the number of businesses remained virtually stable in the downtown during 1990 (-17 businesses or -0.7%). Declines occured in the retail sector (-13) and in construction (-4), while gains were made in business services (+9), recreation and amusement (+4) and food, beverage and accommodations (+5). For 1991, this picture is not expected to change dramatically.
2 1 11011103111
1111j
Percent Dec-90
59
Other Services
UMOIIIMOO
Percent Number Dec-89 Dec-90
Number Dec-89
Mining, Oilwell and Manufacturing
Educational Services
iniuAoldiu3
Percent May-87
This profile provides an annual overview of the economic indicators and general characteristics of the downtown.lt is part of a monitoring program which identifies changing conditions or emerging trends. The profile is relevant to businesses, residents and to others with an interest in the downtown. For further information contact Berry Wijdeven at 428-3110 August 1991
Lika
Ladfsir.di Ni II;
.
Type of Business
ll THE CITY OF ‘
1990 percent of City-wide
37,233
3.1
36,193
2.7
33,508
2.5
1.4
Construction
11,798
1.0
9,471
0.7
9,847
0.7
1.0
153,268
12.8
54,017
4.1
54,350
4.1
3.9
Communication and Utilities
21,058
1.8
25,216
1.9
27,837
2.1
16.6
Wholesale Trade
16,389
1.4
18,959
1.4
18,900
1.4
1.2
Retail Trade
261,457
21.9
250,642
18.9
266,255
20.0
5.3
Finance, Insurance and Real Estate
149,693
12.5
152,527
11.6
149,320
11.2
50.2
Business Services
156,484
13.1
184,185
13.9
162,577
12.2
17.8
7,013
0.6
7,452
0.6
7,318
0.5
33.2
23,830
2.0
25,803
2.0
28,224
2.1
12.3
238,415
20.0
244,249
18.5
250,258
18.8
26.5
Recreation and Amusement
13,234
1.1
15,714
1.2
15,416
1.2
10.5
Personal and Household Services
15,095
1.2
14,497
1.1
13,686
1.0
10.4
Other Services and Unclassified
89,414
7.5
284,108
21.5
294,827
22.1
34.9
Transportation
Health and Social Services Food, Beverage and Accommodation
Total Printed on Recycled Paper
1989 1989 1990 1990 Sq.m. percent of Sq.m. percent of Downtown Downtown
Mining, Oilwell and Manufacturing
Educational Services
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1987 1987 Sq.m. percent of Downtown
1,194,381
Source: BATS/BARS Information System
100
1,323,033
100
1,332,323
100
8.8