The latest issue of BOMA Edmonton Industry Insights & News: January 12, 2024

Perform Better with BOMA

BOMA Edmonton is a leading commercial real estate association that helps members reach their performance goals. High-performing buildings, people, and portfolios are essential to your success, and we help make that happen.

• Awards Nominations Open! BOMA Edmonton Awards applications deadline is February 12, 2024, click here for information and to apply .
• BOMA Edmonton welcomes new Board Directors Brock Ryan of Altus Group and Tanya Doran of Stantec Consulting. Also joining as Board Observers are Adam Greenough of Candarel Group and Elaf Khadhair of Ogilvie LLP.
• City of Edmonton Agencies, Boards, and Commissions Apply now to make a difference, deadline is January 24, 2024.
• The City of Edmonton has released the preliminary design for Warehouse Park, a project it hopes will spur development. Approximately 2,300 units of housing are currently under construction near the park.
• Cushman & Wakefield Edmonton shared insights from Adrian Ambrozuk, investment sales and leasing associate partner, and insights from Kennedy Munro, industrial sales and leasing associate, about the state of Edmonton's commercial and industrial real estate markets.
• NorQuest College has been named one of Canada's Most Admired Corporate Cultures of 2023 by the recruiting firm Waterstone. It is the only post-secondary institution in Canada to receive the award.
• PCL Construction made the list of Mediacorp’s Canada's Top 100 Employers .

Safe Communities and Vibrant Economies?

• FOR ACTION: Edmonton’s Storefront Improvement Grant intake for 2024 is from Feb 1-29, April 1-30, and Sept 1-30. This is a matching reimbursement grant for significant exterior renovations, up to 50% of project costs.
• FOR ACTION: Applications are now open for a new grant aimed at supporting gang violence intervention programs for at-risk youths. The grant is offered under the federal Building Safer Communities Fund .
• ONE Properties shared a year-end recap of the gardens at Northwest Business Park and Edmonton Tower , which were installed by MicroHabitat. Each garden has 500 edible plants that yield 300 pounds of produce, which has gone to tenants of the two properties and to Edmonton's Food Bank.?
• The city has saved about $5 million in contracted services and budgeted overtime because of a lack of snow during the driest November on record, but says that it’s still too early to predict overall savings this season.
• The Edmonton Transit Service Advisory Board says the city’s transit system needs to improve safety, cleanliness, and service due to concerns about substance abuse and violence.
• A renewed strategy to revitalize Chinatown was presented to City Council. The Chinatown Transformation Collaborative Society is receiving $1.2 million in funding.

?Fair and Equitable Taxation, Regulation and Policies?

• City Charters updated for Calgary and Edmonton to help limit potential housing cost increases while still supporting the unique needs of Alberta’s largest urban centres.
• Edmonton’s Business Improvement Areas 2024 budget proposals can be viewed in the City Council December 12 Agenda Package .
• New parking meters worry central Edmonton businesses Laurene Viarobo of The North Edge Business Association confirmed that the worry is already widespread and hopes the City will make adjustments.

?Building Excellence (Sustainable, Smart, Healthy)?

• The BOMA Edmonton Awards program recognizes commercial real estate industry excellence. Companies and individuals are awarded in 15 categories. Some local winner categories are eligible to enter the BOMA Canada National Awards. Applications are due February 12, 2024, click HERE for details and application forms.
• Aspen Properties created a video to mark its 25th anniversary. CEO Greg Guatto discusses the company's commitment to improving the built environment with innovative amenities and its expansion into residential areas.
• Civida's charitable foundation, the Civida Housing Foundation, has a new website where users can find information about the foundation, projects, partnerships, and how to get involved.
• Carlson Construction has completed the Saville Centre Tennis Facility at the University of Alberta, the 42,000-square-foot facility is equipped with a dome to accommodate tennis in fall and winter.
• International Workplace Groups (IWG) is opening a second hybrid office space in the Park Plaza Building at 106 Street and 98 Avenue, just north of the legislature. The nearly 16,000-square-foot space which will be a hub for freelancers, small businesses and corporations is expected to open in March 2024.
• Hi Signs team members discussed the transformative power of colour within Edmonton's urban landscape in a recent article from Canadian Architect. The article also features Lindsay Dyck , design and development manager with ONE Properties , exploring how colour contributes to the newly opened Citizen on Jasper.
• The Skyscraper Page provides information on more than 300 buildings in Edmonton with a rendering, general information, and location data.

?Diversified and Educated Talent?

• NAIT Business Continuity Certificate While an organization cannot predict the next big disruption such as a fire, or flood, how they respond is critical. NAIT’s Business Continuity Management Program training helps minimize business disruption and increase resiliency.
• The Safety Codes Council offers educational opportunities from certification to be a Safety Codes Officer to courses such as Effective Inspection Report Writing.

?Featured Event: Angus Watt Finance and Economy??

January 24, 2024, from 11:30 AM - 1:15 PM (MST)

The Westin, 10135 - 100 Street, Edmonton

Angus Watt Angus Watt joins us to share his insights on the current state of the economy, and the future of Alberta. Watt was named among Canada's Top Wealth Advisors for 2022, showcasing his expertise. Interested in hearing this helpful economic update? Register Today!

Our job board features positions available from BOMA Edmonton members. If you are looking for a new opportunity, check out the exciting openings.RECENTLY POSTED

• Facility Manager, JLL
• Structural Associate, Entuitive
• Sales Associate, Colliers
• Leasing & Site Administrator, BentallGreenOak
• Senior Cost Analyst, AimCo

BOMA BEST is a series of programs that are both certifications and building management tools. They encourage smart and sustainable solutions for existing buildings, promoting health, efficiency, cost-effectiveness, and low-carbon performance. Its certification represents a globally recognized symbol of sustainability achievement and is driving change. Congratulations on these recent certification earners.

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