Edmonton Research Park businesses encouraged by city moves
Leaders of some of the organizations based at Edmonton Research Park are cautiously optimistic about the city's plans for the facility after extensive consultations and a proposal to seek ongoing input.
"I feel positive about the future," said Ahmad Jawad, CEO of Intellimedia and one of the members of the Edmonton Research Park Business Consortium.
In a report going to city council's executive committee on March 22, administration says it will convene a multi-stakeholder advisory group, and will take further action if directed to do so by council.
The report follows three rounds of consultations that followed an outcry from the consortium about the city's decision to sell two buildings at the park. One of the buildings, Research Centre 1, has since been sold to John Yao and his company, Hermay Labs. The Advanced Technology Centre is still for sale.
"I thought this was a good exercise to listen to us," Jawad told Taproot. "And we hope also we have another role in the future to be at the table to be part of formulating where we want to go."
The city "treated all the entrepreneurs here only as tenants," when the decision was made to sell the buildings, recalled Gail Powley, who is president of Technology Alberta, a non-profit headquartered at the research park.
"I know that really frustrated all of them because as entrepreneurs, you're so much more than just renting a building, right? They're part of a community. They're part of building a city and the future of innovation."
After approving the sale of the buildings last March, executive committee directed administration to engage with businesses at the park and others to "provide options and actions to advance economic development opportunities" in alignment with the city's Economic Action Plan. In the resulting report, administration identified four actions it could reasonably implement, starting with convening an advisory group.
"That's exactly what the (business consortium) team has been asking for all this time," said Powley. "There are many people who are willing to contribute to this, and we have such brilliant people across the city and across the province."