Edmonton (Alta.) - 1988-1996 - Downtown Edmonton statistical profile 1989 (1990-08)

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Tourist, Hotels,.

Hotels

,

.

.

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,.

.. .

.L

. .

,,

:

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Business

Assessment

.17' Restaurants

$77163,905

Leasable-

Office Area..

______

BusineSs.

gUSIneSSeS

354,8 .6.""

02299 Downtown

_

Employment Prolects C1 Public Capital

11983-89

..

P&iate

CapitalProlect

1983-89

40.876 62;750

$15.3million.

m

J

$679million, DOMTO"

Parking Stalls

,'Downtown

.

Parking

'

-

Percent

.

.

Stalls

1982

.1988

Increase

Surface

11,165

13,695

23

Structures

16,139

23.757

47

17,486

24,850

.42

TotalAvail ble.

"tothe

General Public*

S

Source: Transportation

* Total stalls minus

Department

employee parking and residential parking

Attendance at Downtown Events The Edmonton

Thdonton-

,

Event

Attendance

First Night Festival

30,000

Teen Festival (Churchill Square and Citadel)

23,776

.

DowntownCity

Statistical PrOfile

Data Source of Edmonton Parks anda .

R

provides an annual overview of the economic indicators and general. characteristics of It.isFestival downton. is the downtown.theIt part of a monitor-

.

The Works and Jazz

onren at concurrently (run Square) at riChurchill

.

Fsti (run

ing program which

City of Edmonton Parks and Recreation

255,000

City of Edmonton Parks and Rceto creation

Children's Festival

94,690

City of Edmonton Parks and Recreation

Sunday Promenade asePon

225,000

Edmonton Klondike Days

-230,000

Association

t Emonton

120,00

scii onke Days Association

Performers Festival

80,000

identifies changing conditionseorays.Parade......n.o............s

The profile is relevant to businesses, residents and to others with an interest in the downtown.

.

dr to .

" 'Street

City of Edmonton Parks and City of Recreation

SDowntown .santaCliParade Christmas Lights Downtown

10..0 12,000.

Business Association of Edmonton Downtown Business

oE nt soton Association of Edmonton

Existing Land Use of ,Number •Properties 1989"

Land Use Type

S

Percent of Properties 1989

Land Area in Hectares 1989

Percent of Land Area 1989

Residential

194

17.7

17.0

8.2

. Commercial

338

30.9

65.4

31.6

Industrial

10

0.9

1.4

0.7

28

2.6

25.1

12.1

Transportation

217

19.8

60.4

29.1

Utilities

11

1.0

0.9

0.4

Recreation- Open Space

43

3.9

18.1

8.7

Vacant- Undeveloped

251

22.9

18.9

9.1

2

0.2

0.1

0.1

.

Institutional

.

. : ,Unknown

Source PLANS Information System

Property Ownership Percent May 1988

SArea In Hectares May . . i988.

804

-71.4

224

20.0

Province

57

5.1

Federal

8

Institutional

17

Otter Exempt

9

SNumber of Properties May 1988 Private City

SSource:

,

.

-

PLANS Inforrnation System

Percenit May .

1988

Number of Properties , Decembeir 1989

Percent December 1989

Area In Hectares December 1989

Percent December 1989

130.9

61.1

-822

75.2

131.3

63.4

43.2

20.2

184.

16.8

39.2'

.18.9

28.4

13.3

59

5.4

26.3

12;7

5.6

2.6

8

0.7

5.6

2.7"

1.5

3.5

1,7

13

1.2

2.7

1.3

0.8

2.2

1.1,

8

0.7

2.1

1.0

0.7

.

-

.

, Business Assessment ,

•31,209807!•::..:

Business

Assessment

Percent Of ' City-wide . 1989

Dollars • . Downtown - 1989 ,

,Percelitof 'City-wide 1988

, Dollars ' Downtown 1988 :

.

•pereent , Change. - • CRY-wide .1988-89

• Percent Change • Downtown 1988-89

34,449,721*

77,160,186

.0 1

j

includes Rossdale

Source: Finance DeOartrneet •

Businesses by Category Percent .; May 1987:

Number

May; 1987

'

Type of Business .

Mining, Oilwell and Manufacturing Construction

'

Transportation- -

-

FInafice- Insurance-and

28

:49

•56'

• 216

53

,

46: 2.2 -

40

16-.

0.7

15

0.7

26..

• •-

27.4

621

• Business Services ""' • "" Educational Services

Health and Social Services

,

1.7

3.3

•••:•••••:.30:

:1:1

24.0 •

509'

Real tStati

Downtown as a 'Percent of "City-wide 1989

Percent Number • D'ecember • December ' 4989 • .. • , • 1989

-

Wholesale Trade,

Retail . Trade .

59

:

. .. : 15 • ..

Communication and Utilities

•

•'

'Percent 'December , 1988

Number , :.December , 1988.,

14.0

0.7 '

:•:: •'

27.0

9.3

249

:

•

• 472

. 22.1

467

20.1

•

467 ,

20.3

177

7.7

19:7

••••:. s 23

'7. 7

180

• 180•

-

14.3 •

... . .

221

..'10.2 • -

FOod:BeVerage:AndAccommodation:

••

Recreation and Amusement- ' PerSofia!

and Household Services

16

:90

'Source: BATS/BARS Information System , •

,

0.8

Efin

.

13'

11"

0.5

8.6:

.7

11.6

290

12.6

MOH

952

maim

: .0.6

8:

4.

4.7

Other Services and Unclassified

11011

•

213

FIEDEC

Although the number of downtOWn businesses haS-decreased by 51 since 1988, there has been a net increasi3 of 182 businesses since .1987. During the last two yearS' • the doWntoWri business growth - (+8.6%) outpiced the -city.yide.bUsine§s growth (+7:6%).

•

.

•

7.5

-

, , In 1989 ..dOwritoWn's largest . ,lbss was' in the retail sector which decreased by 24 businesses .( 73..7%). -,rhie Can be . • seen, as ,a .market correction, . after the retail :sector - ' :experienced à major expansion the previous year gaining 16 businesses: pverall, the retail sector has expanded . by 112 businesses (+22%) since 1987. • . , •: .S

STourist Class Hotels Tourist Class ' Hotels

Deluxe Full Service

Number ofoth of Hotels19

5

All Suite, Apartment •Full Hotels and Service Others

1,477

.

Total

Percent of City , Downtown M93

717

5

5

Number. of Rooms

.

8

3

33.1.

2,923

. 871

575

Source: Pannell,.Kerr, Forster

*-

-

Resident Population

Age Cohort

Poplation 1986

Pe rcent of owntown 1986

Percent of City c.

0-19

410

5.9

451

6.5

26.6

40-59

1,278

18.4

1,338

19.2

60 plus

1,091

15.7

1,068

15.3

(2.1)

Other*

863

12.4

863

12.4

0.0

Downtown Hotels

-

"ourist ,

17

4

21

•Percent of Population Downtown 1989 1989

Percent Change +9 8

.

7.

Restaurants Total number of Restaurants Downtown

Percent of Restaurants .

City-wide

Source: PLANS Information System 0.

.'

220

,

Population for which age group data is not

available.'

Unts

Unt

Per..

17.4

T

Source: BARS Information SystemtRidec

.

"

.

Residence - Tenure Units

Percent O Units

Units

Percent Units-

Percent

1986

1986

1989

1989

Change

Renter

4,284

81.2

4,288

82.1

0.1

Owner

189

3.6

194

3.7

2.6

Vacant

804

15.2

742

14.2

(7.7)

Source:PLANS Information System

Downtown Development

Building Permits of, Total TotNumber Nm of

Value

50

$53 803,000

Mililons of

Completed in 1988/89

Dollars, ,150

Can ,ad a, Plae

Canada Plac

SEaton Centre Phase II ( Phase I+I+Land)

'

258

Edmonton Centre (Expansion)

10

Edmonton Centre Travelodge (Renovation)

1

Manulife Place West

17

Mayfair Hotel (Renovation)

.

1.5.

Downtown Leasable Office.Space and Vacancy Rate Class A

Class B

Class C

Total

Total

'December

December 1989

October

1989

December 1989

December 1989

831,764

383,821

139,311

358,438 1,

Citadel Theatre Phase 2A

3.5

.1988 *Sheraton Plaza (Renovation, Expansion)

4

Westin Hotel (Renovation)

3.5

Total Rentable Office Space (Square

1,354,896

Meters) 25%

8%

11%

Vacancy Rate

.

14.5%

11.6%

Thetotal vacancy rate fordowntown office space ropped by 2.9% from 1988. No new office space was added to

Source: Royal LePage

the inventory in 1989. The small decrease in leasable office space (-3500 sq. m) was due to the fact that two buildings, were taken out of the-leased office space circulation for conversion to other uses.

Underway/Comleted in 1990 Chinese Elders Mansion Tower ll

6

Churchill Square Pedway

5

Centre Phase I and IA

.City

City Hall, yR

.

1

..

'

'....

.'

70

8

CN Tower (Renovatin1

5:

Hotel MacDonald (Renovation, Restoration)

20

THECITYAOF Hudson's Bay Centre (Renovat ion'

LANNING AND DEVELOPMENT

Restorao)

Journal Building

"August1990

.

For further information contact Berry Wijdeven at 428-3110

Royal Bank Building (Renovation, LRT Connection)

90-1127

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