'The fundamentals are there' Stevenson says of Blatchford after 2024 progress
Ward O-day'min Coun. Anne Stevenson says Blatchford hit several milestones in 2024, a year she previously told Taproot would be an "inflection point" to judge the project's success. The milestones include the opening of the NAIT/Blatchford Market LRT station, and lower prices now on offer to buyers thanks to the neighbourhood's first multi-family housing development.
"We're seeing new units continue to be built, and continue to be built at a lower price point," Stevenson told Taproot. "A big milestone was finally having a connection to the LRT. That's really opening up the transportation opportunities."
Ever since council approved a vision to lead an energy-focused redevelopment of Edmonton's former city airport in 2010, the project has drawn both praise and criticism. In April, Mayor Amarjeet Sohi suggested Blatchford is "not a huge success" during an audit presented to council, which detailed that just 84 homes were occupied at Blatchford.
The city has marked 2042 as when it expects Blatchford to house 30,000 residents within its 536 acres. To date, the city has invested at least $167 million, though Coun. Tim Cartmell has suggested the amount is $232 million.
Stevenson said Blatchford hit some benchmarks in 2024, pointing to the first multi-family development with three-storey townhomes by StreetSide, a company within the Qualico portfolio. Those homes go for as little as $369,998. Stevenson said this provides more accessible prices than were previously available in Blatchford. In 2022, reports noted the average townhouse price at Blatchford was $650,000, or around $200,000 more than the city-wide average for a home in 2022.
Stevenson also pointed to a Nov. 7 memo to council from Tom Lumsden, development manager for Blatchford. Lumsden's memo lists a combined 401 housing units either completed or being built at Blatchford, including 143 garage suites and secondary suites that are under construction or in the planning stage, since the city approved the Blatchford business case in 2014.
The original plan was to build 2,750 homes by 2022.
"At a high level, approximately 42% of the Blatchford site is either constructed, under construction, or in the planning-development stage," Stevenson said. "Thirty-three acres of land sold to NAIT, on the east side, have been substantially serviced. So it's now up to NAIT to build that out."
The land NAIT acquired will likely house its Advanced Skills Centre, a facility that is in the design phase, and student housing.
Lumsden's memo said Blatchford is growing at "a pace typical of other neighbourhoods in Edmonton — even though Blatchford is not a typical neighbourhood" and that a third-party report from late 2023 "found that the current pace of development was reasonable, with market acceptance improving."