In a bid to lure more families and shoppers downtown, the City of Edmonton is considering density bonus of two extra floors on condo projects, if the new units are three-bedroom suites. Developers would also be allowed to add ground-floor retail space.
The rules would apply to new multi-family construction for condo towers zoned for up to 18 storeys. Developers would get city permission for two extra storeys if they commit to building eight three-bedroom units or 7 per cent of the project, whichever is less.
It applies on many sites near transit and in higher-density neighbourhoods.
Builders would also be allowed to include small shops and offices, without getting special permission.
