Canada’s largest mixed-use real estate development is taking shape in Edmonton, Alberta. The C$2 billion investment by the City of Edmonton and Katz Group, owners of the NHL’s Oilers, consists of 26 acres of contiguous land in the downtown core. The new ICE District, set to be complete in 2019, will sit within two blocks of both the current residential and commercial centers of the downtown, and within three blocks of the city’s arts district, all anchored by Rogers Place – a new arena for the city’s beloved hockey team.
...“We were not allowed to make all the walls straight,” says Dan Vaillant, Project Executive and Senior Vice President at ICON Venue Group. “We were not allowed to remove ceilings throughout the building. We were not allowed to take out square footage. So I’m impressed with the fact that we were able to get it into budget without picking that low-hanging fruit from a value engineering standpoint.”
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