EDMONTON’S HOTTEST REAL ESTATE LOCATION IS ON ICE // REAL ESTATE
we’re not seeing a lot of that happening in Edmonton. So really, it’s a matter of preference for each buyer, whether they prefer the excitement and convenience of living somewhere like ICE District, or the space available outside the core of the city. Unlike most urban centres, the largest portion of the workforce in Edmonton does not work downtown, but is spread out around the city, so not everyone that wants to live close to work, needs to live close to downtown.” MacLennan has great advice for first-time condo buyers in ICE District. “As with any new condo purchase, buyers should do their due diligence. You’re buying into a corporation, not just a property, when you buy a condo. A REALTOR® can help guide you through the process, and help you avoid costly mistakes. At Liv Real Estate, our client concierge can match you with an agent that best meets your needs, and is familiar with the types of properties and areas that are of interest to you. “The Government of Alberta has put out some guides, as have other organizations. Google ‘condo buyer’s guide’ and you’ll find lots of info. ICE District is going to be under construction for the foreseeable future, so if you’re considering taking possession of a condo in ICE District, you should be prepared to put up with some inconvenience from construction, such as road closures and noise.” It’s true and definitely something of which to be aware. ICE District broke ground in 2014 and construction is slated to go through 2020. Those interested in office and/or residential space must consider the additional four years of construction in the area; however, for many, the thought of cranes and cement mixers outside their front door is a very small price to pay for an address in the most happening place in town. Looking forward, the next four years in ICE District bring far more than construction. They bring opportunity after opportunity for anyone looking to live, work and play where the action – and the value – resides. Location, location, location – it’s the real estate mantra, whether you are buying your home or looking for the best place to establish your business. ICE District is all about “location,” and you can have a piece of this very large, very progressive pie. To get your slice, start with these online options: • To view the construction timeline, visit: icedistrictproperties.com/vision/project-timeline.html.
• To learn about a successful future in ICE District’s office towers, visit: icedistrictproperties.com/office. • Condo purchase and rental suite information is available at icedistrictproperties.com/residential. Whether you choose to live or work in ICE District, or commute there to take advantage of everything it has to offer, there is no doubt that these 25 acres are reshaping Edmonton. The next four years of development are going to be exciting. Keep your eyes on ICE. It’s the real estate success story of our generation.
ABOVE: ICE DISTRICT RENDERING PHOTO SOURCE: ICE DISTRICT JV INC
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SEPTEMBER 2016 // BUSINESS IN EDMONTON // BUSINESSINEDMONTON.COM