Edmonton (Alta.) - 1988-1996 - Downtown Edmonton statistical profile 1990 (1991-08)

Page 1




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

1<,_ini 401_1171Pinil.!r, n isvkirrii_gig„PtNcor

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


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