Real estate & city appeal boosted by Edmonton arena that was approved today

Edmonton City Council finally approved the arena project – a huge boost for Edmonton’s attractiveness & real estate values.

Edmonton’s downtown east side and north of downtown is quite ugly today, and the new arena will spur huge investments into condos, parks, LRT, offices over the next decade or two. It will make Edmonton more attractive as a great place to live.

The Katz group as well as various slush funds allowed Edmonton city council to close the $55M funding gap !

More here:

or here: