University of Alberta to buy Hudson's Bay Building
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Friday, July 8, 2005
A view of the Hudson's Bay Building in downtown Edmonton at the corner of Jasper Avenue and 101st Street.
The University of Alberta is set to expand into the heart of Edmonton's downtown with plans now in place to purchase the aging Hudson's Bay building on Jasper Avenue between 102nd Street and 103rd Street. The deal, which is yet to be approved by the University's Board of Governors, could result in students starting classes in the building as early as September 2006.
The building has been a huge vacancy in the downtown core, with only the broadcasting corporation CHUM Limited using any space. University of Alberta President Indira Samarasekera has said there are no plans to ask the company, which owns 91.7 The Bounce and A-Channel to move.
The deal would also solve the University's space crunch. The total University population is growing much faster than the number of facilities required to support it, so expanding beyond the current campus makes sense. Establishing a presence downtown will also help the University and it's many spin off companies.
The University has not yet decided how the project would be funded, but is currently looking at a number of options, including partnerships with all three levels of government.
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This page is archived, and is no longer publicly editable.
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Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.
Note that some listed sources or external links may no longer be available online due to age.
The text of this article has been released into the public domain. In the event that this is not legally possible, this article may be used for any purpose, without any condition, unless such conditions are required by law. This applies worldwide. Copyright terms on images, however, may vary, so please check individual image pages prior to duplication.
