Canal development proposed for Rossdale
City councillors will discuss plans next week
A group of prominent Edmontonians is floating the idea of building a two-kilometre-long canal through the Rossdale neighbourhood.
Lawyer Sol Rolingher was among the group who presented the idea to city council this week.
The $36-million project could see condos and businesses go up along the canal, which could be used in both summer and winter.
Rolingher said the project will more than pay for itself, estimating it will bring in about $100 million in new investments.
“It's an old, old area, Rossdale. It needs brand new sewers, brand new streets, brand new lighting, a lot of amenities ... we're giving the city a way to do it with this kind of an amenity.”
Long-time resident Brian Gregg isn’t optimistic the plan will come to fruition.
"Probably won't happen, you know, it's a little bit of a pipe dream"
City council will take another look at the project next week.