@~imonton PLANNING AND DEVELOPMENT
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Tourist, Hotels,. Hotels
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Business
Assessment
.17' Restaurants
$77163,905
Leasable-
Office Area..
______
BusineSs.
gUSIneSSeS
354,8 .6.""
02299 Downtown
_
Employment Prolects C1 Public Capital
11983-89
..
P&iate
CapitalProlect
1983-89
40.876 62;750
$15.3million.
m
J
$679million, DOMTO"
Parking Stalls
,'Downtown
.
Parking
'
-
Percent
.
.
Stalls
1982
.1988
Increase
Surface
11,165
13,695
23
Structures
16,139
23.757
47
17,486
24,850
.42
TotalAvail ble.
"tothe
General Public*
S
Source: Transportation
* Total stalls minus
Department
employee parking and residential parking
Attendance at Downtown Events The Edmonton
Thdonton-
,
Event
Attendance
First Night Festival
30,000
Teen Festival (Churchill Square and Citadel)
23,776
.
DowntownCity
Statistical PrOfile
Data Source of Edmonton Parks anda . R
provides an annual overview of the economic indicators and general. characteristics of It.isFestival downton. is the downtown.theIt part of a monitor-
.
The Works and Jazz
onren at concurrently (run Square) at riChurchill
.
Fsti (run
ing program which
City of Edmonton Parks and Recreation
255,000
City of Edmonton Parks and Rceto creation
Children's Festival
94,690
City of Edmonton Parks and Recreation
Sunday Promenade asePon
225,000
Edmonton Klondike Days
-230,000
Association
t Emonton
120,00
scii onke Days Association
Performers Festival
80,000
identifies changing conditionseorays.Parade......n.o............s
The profile is relevant to businesses, residents and to others with an interest in the downtown.
.
dr to .
" 'Street
City of Edmonton Parks and City of Recreation
SDowntown .santaCliParade Christmas Lights Downtown
10..0 12,000.
Business Association of Edmonton Downtown Business
oE nt soton Association of Edmonton
Existing Land Use of ,Number •Properties 1989"
Land Use Type
S
Percent of Properties 1989
Land Area in Hectares 1989
Percent of Land Area 1989
Residential
194
17.7
17.0
8.2
. Commercial
338
30.9
65.4
31.6
Industrial
10
0.9
1.4
0.7
28
2.6
25.1
12.1
Transportation
217
19.8
60.4
29.1
Utilities
11
1.0
0.9
0.4
Recreation- Open Space
43
3.9
18.1
8.7
Vacant- Undeveloped
251
22.9
18.9
9.1
2
0.2
0.1
0.1
.
Institutional
.
. : ,Unknown
Source PLANS Information System
Property Ownership Percent May 1988
SArea In Hectares May . . i988.
804
-71.4
224
20.0
Province
57
5.1
Federal
8
Institutional
17
Otter Exempt
9
SNumber of Properties May 1988 Private City
SSource:
,
.
-
PLANS Inforrnation System
Percenit May . 1988
Number of Properties , Decembeir 1989
Percent December 1989
Area In Hectares December 1989
Percent December 1989
130.9
61.1
-822
75.2
131.3
63.4
43.2
20.2
184.
16.8
39.2'
.18.9
28.4
13.3
59
5.4
26.3
12;7
5.6
2.6
8
0.7
5.6
2.7"
1.5
3.5
1,7
13
1.2
2.7
1.3
0.8
2.2
1.1,
8
0.7
2.1
1.0
0.7
.
-
.
, Business Assessment ,
•31,209807!•::..:
Business
Assessment
Percent Of ' City-wide . 1989
Dollars • . Downtown - 1989 ,
,Percelitof 'City-wide 1988
, Dollars ' Downtown 1988 :
.
•pereent , Change. - • CRY-wide .1988-89
• Percent Change • Downtown 1988-89
34,449,721*
77,160,186
.0 1
j
includes Rossdale
Source: Finance DeOartrneet •
Businesses by Category Percent .; May 1987:
Number
May; 1987
'
Type of Business .
Mining, Oilwell and Manufacturing Construction
'
Transportation- -
-
FInafice- Insurance-and
28
:49
•56'
• 216
53
,
46: 2.2 -
40
16-.
0.7
15
0.7
26..
• •-
27.4
621
• Business Services ""' • "" Educational Services
Health and Social Services
,
1.7
3.3
•••:•••••:.30:
:1:1
24.0 •
509'
Real tStati
Downtown as a 'Percent of "City-wide 1989
Percent Number • D'ecember • December ' 4989 • .. • , • 1989
-
Wholesale Trade,
Retail . Trade .
59
:
. .. : 15 • ..
Communication and Utilities
•
•'
'Percent 'December , 1988
Number , :.December , 1988.,
14.0
0.7 '
:•:: •'
27.0
9.3
249
:
•
• 472
. 22.1
467
20.1
•
467 ,
20.3
177
7.7
19:7
••••:. s 23
'7. 7
180
• 180•
-
14.3 •
... . . 221
..'10.2 • -
FOod:BeVerage:AndAccommodation:
••
Recreation and Amusement- ' PerSofia!
and Household Services
16
:90
'Source: BATS/BARS Information System , •
,
0.8
Efin
.
13'
11"
0.5
8.6:
.7
11.6
290
12.6
MOH
952
maim
: .0.6
8:
4. 4.7
Other Services and Unclassified
11011
•
213
FIEDEC
Although the number of downtOWn businesses haS-decreased by 51 since 1988, there has been a net increasi3 of 182 businesses since .1987. During the last two yearS' • the doWntoWri business growth - (+8.6%) outpiced the -city.yide.bUsine§s growth (+7:6%).
•
.
•
7.5
-
, , In 1989 ..dOwritoWn's largest . ,lbss was' in the retail sector which decreased by 24 businesses .( 73..7%). -,rhie Can be . • seen, as ,a .market correction, . after the retail :sector - ' :experienced à major expansion the previous year gaining 16 businesses: pverall, the retail sector has expanded . by 112 businesses (+22%) since 1987. • . , •: .S
STourist Class Hotels Tourist Class ' Hotels
Deluxe Full Service
Number ofoth of Hotels19
5
All Suite, Apartment •Full Hotels and Service Others
1,477
. Total
Percent of City , Downtown M93
717
5
5
Number. of Rooms
.
8
3
33.1.
2,923
. 871
575
Source: Pannell,.Kerr, Forster
*-
-
Resident Population
Age Cohort
Poplation 1986
Pe rcent of owntown 1986
Percent of City c.
0-19
410
5.9
451
6.5
26.6
40-59
1,278
18.4
1,338
19.2
60 plus
1,091
15.7
1,068
15.3
(2.1)
Other*
863
12.4
863
12.4
0.0
Downtown Hotels
-
"ourist ,
17
4
21
•Percent of Population Downtown 1989 1989
Percent Change +9 8
.
7.
Restaurants Total number of Restaurants Downtown
Percent of Restaurants . City-wide
Source: PLANS Information System 0.
.'
220
,
Population for which age group data is not
available.' Unts
Unt
Per..
17.4
T
Source: BARS Information SystemtRidec
.
"
.
Residence - Tenure Units
Percent O Units
Units
Percent Units-
Percent
1986
1986
1989
1989
Change
Renter
4,284
81.2
4,288
82.1
0.1
Owner
189
3.6
194
3.7
2.6
Vacant
804
15.2
742
14.2
(7.7)
Source:PLANS Information System
Downtown Development
Building Permits of, Total TotNumber Nm of
Value
50
$53 803,000
Mililons of
Completed in 1988/89
Dollars, ,150
Can ,ad a, Plae
Canada Plac
SEaton Centre Phase II ( Phase I+I+Land)
'
258
Edmonton Centre (Expansion)
10
Edmonton Centre Travelodge (Renovation)
1
Manulife Place West
17
Mayfair Hotel (Renovation)
.
1.5.
Downtown Leasable Office.Space and Vacancy Rate Class A
Class B
Class C
Total
Total
'December
December 1989
October
1989
December 1989
December 1989
831,764
383,821
139,311
358,438 1,
Citadel Theatre Phase 2A
3.5
.1988 *Sheraton Plaza (Renovation, Expansion)
4
Westin Hotel (Renovation)
3.5
Total Rentable Office Space (Square
1,354,896
Meters) 25%
8%
11%
Vacancy Rate
.
14.5%
11.6%
Thetotal vacancy rate fordowntown office space ropped by 2.9% from 1988. No new office space was added to
Source: Royal LePage
the inventory in 1989. The small decrease in leasable office space (-3500 sq. m) was due to the fact that two buildings, were taken out of the-leased office space circulation for conversion to other uses.
Underway/Comleted in 1990 Chinese Elders Mansion Tower ll
6
Churchill Square Pedway
5
Centre Phase I and IA
.City
City Hall, yR
.
1
..
'
'....
.'
70
8
CN Tower (Renovatin1
5:
Hotel MacDonald (Renovation, Restoration)
20
THECITYAOF Hudson's Bay Centre (Renovat ion'
LANNING AND DEVELOPMENT
Restorao)
Journal Building
"August1990
.
For further information contact Berry Wijdeven at 428-3110
Royal Bank Building (Renovation, LRT Connection)
90-1127
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