Quote:
Originally Posted by Harrison
The majority of spending is a result of this continued suburban growth, so this trend of stretching funding to its limits will definitely continue if the planned annexations and Horse Hills ASP are approved.
Whatever happened to compact development?
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I hear your planning ambition, but take it with a grain of salt. The planned annexation (which would include significant greenfield residential development), the
approved "Horse Hills" ASP, and the spending priorities of the city exist because of market demand, demand for 'employment lands' AND the sway of UDI developers. It's not where I want to live, or where I work, but many people do.
Also take note that the new suburbs that are being built in Edmonton are 30+ units/ha. Not so low-density and significantly more dense than many existing central neighbourhoods (Ottwell, Hollyrood, etc.).
Until there is viable, market-driven alternative for residential units in infill neighbourhoods,
at a range of price points, especially sub 500k, suburban growth will continue to be an attractive option. Take it from a guy who just moved back to Edmonton, set on living in a central neighbourhood, but saw the lure of cheaper, new, suburban units after countless failed home inspections on older units in centrally located neighbourhoods, bidding wars and special assessments on older condos. (We did find a place in a central neighbourhood in the end though!)
In the end, it won't be a growth boundary that changes peoples mindset on where they want to live, and in turn, where development happens, but it will be the natural pressures of a growing city (increased commute times for example), the attractiveness of established infrastructure, growing popularity of our redeveloping commercial corridors (Jasper, Whyte, 124, 118, 107, etc), and most importantly, a range of housing type options at various price points!