Edmonton City Centre

The Alberta Court of King's Bench approved Westrich Pacific's purchase of Edmonton City Centre from Otera Capital on August 7, 2026. The transaction has not closed yet. It is expected to close before the end of 2026.

Edmonton City Centre spans two full blocks of downtown Edmonton: roughly 1.4 million square feet of retail and office space across about ten acres, including Centre Point Place, TD Tower, and 102A Tower. It is the largest undertaking in our history, and the most consequential building we have taken on for the city we are headquartered in.

What has been said publicly

A first phase reported in the press centres on the space formerly occupied by Hudson's Bay, with roughly 1,500 residential units, a reworked exterior, and a rooftop Nordic spa. Coverage also reports that integrating street-facing retail is being explored, and that construction could begin in early 2027.

Those are proposals, not commitments. They depend on a development permit, on City of Edmonton approvals, and on design and engineering work that has not been done yet. Numbers, scope, and timing will change.

The purchase price is confidential until the sale closes, a condition set by the receiver. We are not going to speculate about it here.

What comes next

We are not publishing renderings, unit counts, or timelines we cannot yet stand behind. Full project information will follow once the development permit is in place.

For media enquiries about Edmonton City Centre, contact us directly.