Edmonton Arena District

Edmonton Arena District

August 28, 2014 13:00 ET

EAD Joint Venture Unveils New Details About the Edmonton Arena District

EDMONTON, ALBERTA--(Marketwired - Aug. 28, 2014) -

Editor's note: There is a photo associated with this release.

The Edmonton Arena District (EAD) will be Canada's largest mixed-use sports and entertainment development, and a vibrant new destination that will offer Edmontonians and visitors from around the world an exceptional place to live, work and play. Today marked the launch of its new website, EAD.CA, which offers a glimpse into how the new downtown revitalization project will transform Edmonton's downtown core.

The EAD will be a dynamic, mixed-use urban destination with iconic architecture and unparalleled design, creating a distinctive gathering place for Edmontonians and visitors alike.

Anchored by Rogers Place arena, the most advanced sports and entertainment venue in North America, and the stunning Winter Garden, the EAD will revitalize more than 25 acres of downtown Edmonton, extending from 101 Street to 104 Street and from 103 Avenue to 106 Avenue. Phase 1 of the development will include 1.3 million square feet of office space, more than 1,000 residential units and over 215,000 square feet of retail space.

"We set out a vision seven years ago for how an iconic new downtown arena could be the catalyst for positive change for downtown and the entire Capital region," said Daryl Katz, Chairman, Katz Group. "It's exciting to see that vision come to life. We are very proud that Phase 1 of this project will be the largest mixed-used sports and entertainment project in Canada and, we believe, a great reflection of Edmonton's spirit and potential."

"The EAD will contribute to the growth of our city and will bring new life to Edmonton's downtown core," said Darren Durstling, President and CEO of WAM Development Group. "With a mix of retail, office, hotel, residential and entertainment venue space, this new development will help resurge Alberta's capital city and will bring a new vibrancy to the downtown core."

The project started in 2011 when the land was purchased by the Katz Group, and in 2012 the Katz Group established a joint venture with WAM Development Group. The EAD joint venture is working with the City of Edmonton to develop a sustainable, vibrant, well-designed and accessible downtown area that reflects the goals of The City's Capital City Downtown Plan.

Individuals looking for a new place to live will have access to a vast array of luxury condominiums and premium quality rental apartments in the heart of the EAD. An upper upscale hotel will provide tourists and business travellers with a sophisticated atmosphere and full conference facilities, all within walking distance of restaurants, shopping centres, fitness facilities, cafes and lounges.

Two new LEED Gold Certified office towers will elevate business opportunities in Edmonton, attracting and retaining employees. The towers boast efficient floorplate designs and contemporary features that promote a collaborative and flexible work space for employees and businesses. The two new towers will be located close to a unique urban shopping location that will house speciality boutiques, a supermarket and other retail amenities.

The EAD will be a pedestrian and vehicle friendly development, offering easy access to five LRT stations, connections to the existing pedway system and a total of 12,000 parking stalls within a ten minute walk of Rogers Place.

The new website, EAD.CA, features additional information on this ground-breaking new development and will provide continuous updates on the progress and activities taking place in the Edmonton Arena District.

ABOUT THE EDMONTON ARENA DISTRICT

The Edmonton Arena District (EAD) will be a world-class destination, developed by a joint venture between Katz Group and WAM Development Group. The EAD will offer Edmontonians and visitors from around the world a place to live, work and play. Anchored by a public plaza and the Rogers Place Arena, the EAD will house an upscale hotel, two office towers, condominiums and rental apartments. As well, the urban village will offer a variety of eateries, retail options including boutique shops, a grocery store, pharmacy, and year-round entertainment and attractions. The EAD will be a dynamic, mixed-use urban destination that is true to Edmonton's character and unlike anything in North America.

To view the photo associated with this press release, please visit the following link: http://www.marketwire.com/library/20140828-965097a8.jpg

Contact Information

  • EAD Media Relations
    Shauna MacDonald
    780-508-5099
    media@ead.ca