31-storey tower to be built overlooking Victoria Promenade [Video]

A developer has been given the first necessary green light to turn a parking lot with views of the North Saskatchewan River valley and Victoria Promenade in downtown Edmonton into a high-rise tower. 

City council on Tuesday approved the rezoning of 12021 Jasper Avenue, which currently hosts the 12-storey apartment building Jasper House and its surface parking lot.

Jasper House GP Inc. applied to have the site rezoned so that it could replace the parking lot on the west side of the site with a 31-storey mixed-use tower with underground parking for both buildings, a design made possible by the city eliminating parking minimums in 2020. 

The future tower, so far unnamed, will feature about 28 residential stories – with one three-bedroom unit per floor – plus a podium of commercial and retail spaces.

“There’s kind of the business in the front, leisure in the back, design aesthetic going on,” said Chelsey Jersak, founder of Situate, the consulting firm who presented to …