Housing preferences changing among buyers
Edmonton Planning to Add Another 500K In Infill
Posted On: Monday, October 21, 2019
The City of Edmonton’s new infill plan proposes adding another 500,000 residents in infill as Edmonton grows to 2 million people living in the city. That means half of the new residents will wind up living in existing neighbourhoods of the city over the coming decades.
City council’s Urban Planning Committee reviewed Phase 3 of Edmonton’s City Plan and analyzed that over the coming years, housing preferences will change amongst home buyers.
“The market study that we commissioned definitely confirmed that the current preference for home buyers is a low-density, single-detached house that’s ground-oriented,” said senior planner Kalen Anderson.
“That’s currently the consumer preference and over time, that could change. As it does, we could respond to that.”
Mayor Don Iveson said it’s been a long time coming.
“Ten years ago in our last plan, I brought forward the suggestion that we should be aiming for 50 percent, and I was kind of laughed out council chambers at the time.”
“Your Bonnie Doon redevelopment is going to count towards that. Your Jasper Gate redevelopment is going to count towards that. As well as an individual garage suite on a single lot.”
The 50 percent new target doubles down on the current 25 percent infill target that was set by city council. Iveson credits buy in from business and developers to reaching the new goal as individual town centre hubs pop up away from downtown.
“There’ll be more walkable stuff nearby businesses and amenities that you can actually get to in a town-scale context in your neighbourhood.”
A third phase of the City Plan will be before the committee next spring, with the final version expected to be before city council in the fall of 2020.
Infill is not a new concept but has become a growing trend in our city. Whether you’re a builder, a home buyer, or a resident of a neighbourhood where infill is popping up, expect to see more information on how the city planners and real estate developers are working to provide more infill options in Edmonton.
Credits: Global News Edmonton
Scott Johnston · Global News Edmonton · Posted: September 17, 2019