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  #6841  
Old Posted Mar 15, 2018, 3:55 PM
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Not convinced. Perhaps one of the Edmonton forumers who are involved with developers could chime in regarding incentives.
Just look around you, maybe? Ice District, subsidized project, including one tower leased out by the City of Edmonton. EPCOR, a government owned utility. Government project.

Again, there's no shame in it. But if you're going to call out cities on the basis that some office projects have public funding involved, then at least be honest about what's going on in your own city. Otherwise it's the worst kind of SSP boosterism.
     
     
  #6842  
Old Posted Mar 15, 2018, 3:59 PM
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Just look around you, maybe? Ice District, subsidized project, including one tower leased out by the City of Edmonton. EPCOR, a government owned utility. Government project.
EPCOR tower is not part of Ice District at all.
     
     
  #6843  
Old Posted Mar 15, 2018, 4:16 PM
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EPCOR tower is not part of Ice District at all.
Where did I say that it was?
     
     
  #6844  
Old Posted Mar 15, 2018, 4:45 PM
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Gorgeous. Thanks for getting the thread back on topic.
     
     
  #6845  
Old Posted Mar 15, 2018, 4:54 PM
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  #6846  
Old Posted Mar 15, 2018, 5:01 PM
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Not convinced. Perhaps one of the Edmonton forumers who are involved with developers could chime in regarding incentives.
Chiming in.

Edmonton has a large public sector and yes, that impacts development, but we are also the Capital of this great Province and are fortunate to have multiple public/cultural projects as well.
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  #6847  
Old Posted Mar 15, 2018, 5:56 PM
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Esquire lives in a city where nothing gets built without public money, and he is trying to make Winnipeg look better by attempting to argue that the same exists in Edmonton. Of course office developments for public sector workers will involve public money; cultural too.

Let's talk residential. In Winnipeg, NOTHING gets built without incentives/tax schemes. As far as I know, the only incentives that were offered in Edmonton were to spur the development of 104th Street years ago.

The press is quick to highlight incentives when projects are announced, and I do not read or hear about this in Edmonton.

The bottom line too is public money spent in Edmonton attracts significant private investment. The arena in Winnipeg has attracted nothing until now with TNS, which in itself is partially financed by public money.

If I am wrong, serve me crow.
     
     
  #6848  
Old Posted Mar 15, 2018, 6:14 PM
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Esquire lives in a city where nothing gets built without public money, and he is trying to make Winnipeg look better by attempting to argue that the same exists in Edmonton. Of course office developments for public sector workers will involve public money; cultural too.

Let's talk residential. In Winnipeg, NOTHING gets built without incentives/tax schemes. As far as I know, the only incentives that were offered in Edmonton were to spur the development of 104th Street years ago.

The press is quick to highlight incentives when projects are announced, and I do not read or hear about this in Edmonton.

The bottom line too is public money spent in Edmonton attracts significant private investment. The arena in Winnipeg has attracted nothing until now with TNS, which in itself is partially financed by public money.

If I am wrong, serve me crow.
The reality is that public dollars are a big part of what has gone on in downtown Edmonton and downtown Winnipeg in recent years, it's really just a difference of degrees.

Cold's take on it is reasonable as there is no sense in denying the obvious. The urban landscape in both cities has benefitted from public investment so I'm not sure what purpose denials even serve.

As to arena spinoff developments, you're forgetting Centrepoint.
     
     
  #6849  
Old Posted Mar 15, 2018, 6:19 PM
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Another project built because of TIF.
     
     
  #6850  
Old Posted Mar 15, 2018, 6:31 PM
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Another project built because of TIF.
Which project?
     
     
  #6851  
Old Posted Mar 15, 2018, 6:39 PM
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Centrepoint.
     
     
  #6852  
Old Posted Mar 15, 2018, 6:43 PM
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^ The TIF money from that project is used by the city for streetscaping projects around the SHED.

If you think that the TIF is a subsidy to the developer that Centrepoint is wholly dependent on, then I'm not really sure what to say to you...
     
     
  #6853  
Old Posted Mar 15, 2018, 6:49 PM
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Wrong choice of words; it was the residential development grant.
     
     
  #6854  
Old Posted Mar 15, 2018, 8:49 PM
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  #6855  
Old Posted Mar 15, 2018, 9:07 PM
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Just look around you, maybe? Ice District, subsidized project, including one tower leased out by the City of Edmonton. EPCOR, a government owned utility. Government project.

.
AFAIK Ice District wasn't subsidized, Rogers Place was.
     
     
  #6856  
Old Posted Mar 15, 2018, 9:22 PM
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^ well one might say that strong-arming the city into moving the city offices into a brand new tower with the highest lease rates in the city might be considered a bit of a subsidy...
     
     
  #6857  
Old Posted Mar 16, 2018, 12:17 AM
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Pretty sure that, at least for downtown residential, Winnipeg subsidizes units on average 3-4x more than Edmonton does. But both still do.

Last edited by GlassCity; Mar 16, 2018 at 2:43 PM.
     
     
  #6858  
Old Posted Mar 16, 2018, 2:11 AM
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Check with the City of Edmonton planning Department; you will be told otherwise. The only incentive I am aware of is the brownfield one which helps with high costs of remediation.
     
     
  #6859  
Old Posted Mar 16, 2018, 2:14 PM
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Check with the City of Edmonton planning Department; you will be told otherwise. The only incentive I am aware of is the brownfield one which helps with high costs of remediation.
City of Edmonton provided a per unit subsidy that got a number of downtown apartment buildings built in the late '90's-early 2000's. The city also invested a significant amount of money getting 104th street cleaned up to a point where developers were willing to build there. Until recently Edmonton also had the Cornerstones program which subsidized affordable units in market rate apartment buildings. That program will be back soon under a new name with somewhat the same mandate
     
     
  #6860  
Old Posted Mar 16, 2018, 2:55 PM
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This angle of Halifax deserves to be seen again.
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