The latest issue of BOMA Edmonton Industry Insights & News: April 5, 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.

• Servis Realty Highlights Growth in Class A and AA spaces reflecting a maturing market with a demand for high-quality amenities .
• Action Electrical is partnering with Synergy Projects and the City of Edmonton to build 63 affordable homes in the Holyrood neighbourhood.
• Province Considers Assistance to City The province has indicated it is prepared to help the city address issues .
• Hydrogen Hits the Road EIA has introduced the first Toyota Mirai hydrogen fuel cell electric vehicles to Alberta's roadways, which can be fueled at the province’s first hydrogen station .
• City of Edmonton Economic Overview Real GDP growth moderates but remains positive backed by in-migration.
• ATCO Frontec Acquires Fire Prevention Services, a full-service firm operating in the NWT, Nunavut, and Alberta.
• MacEwan University Appoints John Cameron chairman of Keller Construction, as Allard Chair in Business .
• Melcor Celebrates 100 Years From its beginning serving west Edmonton, the company now has projects and properties across Western Canada and into the US.
• Corbould Resigns City Manager Andre Corbould resigns effective April 3.
• Selling to the City Virtual Session Learn how the City considers bids, speak with buyers, and ask questions. April 11, 1:00 – 4:00 p.m., register here .

Important updates: The Bee-Clean BOMA Edmonton Golf Classic?

• Sponsorship opened March 27 at 9:00 a.m. Sponsorships are first-come-first-served. Visit the golf page on our website or click here to view available sponsorships and contact Jeannette at [email protected] or call (780) 904-5446 to secure your sponsorship. Click to view available sponsorships.
• BOMA Edmonton Golf Tournament Registration opens May 7 at 9:00 a.m. Instructions on how to register will be posted on our website shortly and be sent out to all members in advance of May 7.

Safe Communities and Vibrant Economies?

• Edmonton Hosts Videogame Conference for 3-Years Up to 40,000 expected to attend annually with $15 million economic benefit .
• Citadel Gets New Restaurant Steve Brochu, who owns and operates the MilkCrate Café in EPCOR Tower will open PlayWright in the Citadel Theatre.
• City Creates Problem Properties Newsletter Residents and businesses can sign up to keep informed on actions the city is taking related to derelict properties.
• Enhancing Downtown Parking Lots Owners of unregulated lots could be able to obtain permits in exchange for investing in upgrades .
• Edmonton Undecided on Incentives The City is not making any commitment to supports for new and conversion residential spaces downtown.
• City Explores Heritage Place Strategy options for conservation and preservation of neighbourhoods and structures.

?Fair and Equitable Taxation, Regulation and Policies?

• MNP Shares Tax Reminders with an overview of the important tax updates for 2024.
• Edmonton Chamber of Commerce optimistic about future provincial budgets, Griffiths floats tax cuts with finance minster .
• Parking Rules Changed Edmonton’s urban planning committee voted to remove residential parking permit zones for 15 neighbourhoods making street parking available to anyone beginning in June.
• New Regulation for Life Lease Contracts Proposed Consumer Protection (Life Leases) Amendment Act 2024 would address regulatory gaps in a currently unregulated area.
• Modernizing Management of Government Properties The Real Property Governance Act will require departments and agencies to offer surplus land/buildings to the government prior to sale.

?Building Excellence (Sustainable, Smart, Healthy)?

• Winspear Centre receives $12.8 million in funding to enhance the venue with a new 550-seat acoustic performance venue and more.
• Commonwealth Rec Centre Goes Solar with 40,760 sq-ft. solar panel installation producing 708MWh, enough to power 100 homes for one year.
• ONE Properties, in partnership with AIMCo, announced that Edmonton Tower has achieved ENERGY STAR certification from Natural Resources Canada, recognizing its exceptional energy efficiency and environmental quality.

?Diversified and Educated Talent?

• Advanced ChatGPT Training for Accountants CPA Alberta course will energize your business with AI . ?
• The Office to Advance Women Apprentices Alberta celebrated its grand opening. The office supports women in the skilled construction trades.
• Energy Management Diploma at Norquest College prepares students for careers supporting effective energy management including for buildings.

Featured Event: Emerging Leaders Spring Mixer?

April 11, 2024 (3:00 PM - 6:00 PM) (MDT)

An event for all ages in the industry to connect. Learn about our new AI-driven mentorship program, eat, drink, play games, and be awesome. Space is limited.

TICKETS

• Members & Non-Members: $25
• Students: $15

Tickets include appies, one drink, and fun games including cornhole and shuffleboard.*Please note that this space is only accessible by stairs.

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

• Building Science Technologist,?Pinchin
• Jr. Estimator - Industrial , Flynn
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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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