Edmonton, Canada's 'Festival City', is set to welcome a transformative new $400 million event park and residential development that will enhance the city's reputation as one of Canada's most dynamic destinations. Announced this week, the project will create a new mixed-use hub anchored near Rogers Place, home of the Edmonton Oilers, and is expected to significantly boost the city's tourism and event-hosting profile. The event park is slated to open in 2029.

The development will span 5.5 acres in the heart of Edmonton's Ice District, combining world-class event facilities, housing, retail, and public space. City tourism leaders have noted that the new development will amplify Edmonton's ability to attract marquee events and elevate the visitor experience, further strengthening its position on the national and international stage.

The event park's central location will create seamless connections between Rogers Place, Ice District Plaza, and the surrounding downtown core, making it an essential addition to Edmonton's cultural and entertainment landscape. Once complete, the project will serve as a catalyst for continued downtown revitalization, drawing residents and visitors alike to experience Edmonton's distinctive blend of urban vibrancy and festival energy.

This announcement follows the recent news that Scandinave Spa will bring its first Alberta location to Edmonton with a $50 million investment. Scheduled to open in 2026, the project further underscores the city's growing appeal as a hub for major tourism and lifestyle investments. Together, these landmark developments highlight Edmonton's momentum and expanding reputation as a must-visit destination in Canada.