New reports on residential development in Edmonton shows how much the city is growing in new neighbourhoods as well as in existing neighbourhoods in the city’s core and mature areas. According to the reports, development in new neighbourhoods was slightly lower in 2011 than 2010, although still comparable to much of the last decade. However, development in older neighbourhoods in 2011 was the highest it’s been in 10 years. The data is contained in four reports the City publishes every year on the status of residential land development. “The reports are used by the City, companies and organizations interested in development and the general public to gauge how and where the city has grown,” says Peter Ohm, branch manager of Urban Planning and Environment. Some other highlights from the reports include: The value of residential construction in 2011 – city wide up 4% from 2010, in mature neighbourhoods up 16% from 2010. Based on development rates for the past decade, Edmonton has about 17 years of land supply for low density residential development in approved developing residential areas
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Edmonton is Growing Up and Out
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