Affluent Edmonton suburb expands by 3,000 acres
January 7, 2022
St. Albert has room for growth. | City of St. Albert
St. Albert, an affluent community of 66,000 within Greater Edmonton, will expand in January by more than 3,000 acres.
Approved by the Government of Alberta through an order on December 8, 2021, 1,558 hectares (3,706 acres) of land officially become part of St. Albert on New Year’s Day 2022. The decision follows four years of negotiation between Sturgeon County and St. Albert and will give the city 45 years of growing room.
St. Albert Mayor Cathy Heron extended her appreciation to both the city's and county’s council and administration in a press release.
“I look forward to welcoming our new residents and to ongoing collaboration with our neighbours to the north,” Heron said in the release.
St. Albert city was recently named by MoneySense magazine as the most liveable city in Canada, and has been ranked in the top three on several other occasions.
The city is expanding in every way. Business licences have risen approximately 12 per cent over the past five years. The population rose 10 per cent between 2010 and 2018,. And those residents boast a higher-than-average income compared with Edmonton as a whole.
Rod Valdes, Director of Economic Development at the City of St. Albert, said,
“We’ve had a boom in commercial and retail real estate, and steady residential construction growth. We benefit from not being dependent on oil and gas like a lot of other Alberta cities, because our economy is nicely diverse,” said Rod Valdes, Director of Economic Development at the City of St. Albert.
Local developer Landrex and Edmonton developer EPC Capital are currently developing a 137-acre master-planned community, Erin Ridge North, in St. Albert.
The residential component of this community is being developed by Landrex in partnership with homebuilders Bethpage Homes, Romaya Homes, Veneto Homes, Alves Development, and Dynasty Builders.