Wednesday, February 01, 2012

The Aurora Queen's New Condo

Alberta Oil Sands Investment Real Estate News®
Glenn Simon Inc., Suite 1217, 5328 Calgary Trail NW, Edmonton, Alberta, Canada. Tel 1-888-780-5940 Fax 1-888-276-4517 email:

February 1st., 2012
Volume 11, Issue 9

Dear Friends and Partners,

I went for a nature walk in the Mill Creek Ravine last friday. It was a lot of fun and the trail was lit with moons, stars and aurora lanterns. The theme of the event was puzzlingly mysterious; at times political. Aurora's Light Walk was defined as this:

"The Mill Creek community is abuzz! The Magpies are spreading the news that the Eager Beaver (Dave Clarke) has a Special Permit and is busy planning a Really Big Lodge. The Skunks are concerned about change in the neighbourhood, and the Ravens are worried the construction might block out the magical lights of the trail that connect them to Aurora, Queen of the Northern Lights (Theresa Dextrase). The People of the Wood (MJ & Ben Moses) offer teachings about balance in nature." Sounds innocuous enough, but man were the skunks and ravens het-up about the development plans of the beavers!"

I suppose our human fears of development and nature preservation can't help but manifest in these characters dialog and personality - at times I felt like I was listening to an anti-development spiel from a whacked out zealot, until I realized it was an actor in costume (or was it?). Interspersed along the path where native lean-to's to use as rest areas. Native folks shared their wisdom of the woods as we huddled around blazing fires and drank cocoa. The event was wonderful, although I wonder if such a contentious topic (or delivery of topic) was intentional or accidental, if the latter it must permeate our minds. In the walk there was no conclusion to whether the beaver's development would harm the environment or not; for her part, the Aurora Queen seemed blessedly unconcerned.

Talk about the proposed Gateway and Keystone pipelines, talk about developments in your neighborhood. Look for ways to create balance and how to move forward economically; the two needn't be divorced from each other.


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Edmonton Economy On A Roll, Report Says
CIBC Ranks City Only Second To Toronto

By Lewis Kelly, Edmonton Journal. January 20th 2012

Edmonton ranked ahead of every Canadian city except Toronto in a measure of economic momentum released Thursday by CIBC.
"If you look at Edmonton, the labour market is doing much better, population is rising, investment is rising, the real estate market is doing fine," said Benjamin Tal, deputy chief economist with CIBC World Markets and author of the report. "Edmonton is still up there."

Tal's report, the Canadian Metropolitan Activity Index, assigned Edmonton a score of 20 for the third quarter of 2011, almost double the overall average and 6.9 points above Calgary. Toronto, at 23, earned the highest score.


New Office Towers Seen on Horizon

By Lewis Kelly, Edmonton Journal. January 19th 2012

An increasingly tight office-space market in Edmonton will spark the announcement of two major new buildings this year, according to John Ross, managing director with Avison Young's local office.
"My view is that we'll see one or maybe two new office projects announced, probably toward the end of this year, because the demand is going to be there."

Avison Young released their 2012 predictions for commercial real estate in Canada and the U.S. Wednesday. The forecast predicts office vacancy rates will generally shrink across the 12 Canadian markets Avison tracks. That includes a 1.4-per-cent decline in Edmonton and a two-per-cent de-cline in Calgary.


B.C. Breakfast Chain and Chai Cafe Coming to Jasper Avenue
New Hair Academy and Hair Salon Also Opening Soon

By CBC News, January 27th, 2012

More new businesses are set to open on Jasper Avenue over the next six months, including the first Edmonton outlet of a breakfast chain from British Columbia.

De Dutch plans to open in the street level of the Cambridge Building at 100th Street and Jasper Avenue in June.

Owner/operator Jeff Van Den Biggelar says the restaurant located there to be part of downtown revitalization.

"Jasper Ave. has been a little bit forgotten about and we just want to try and bring some more attention back to it," he said.



I appreciate all your calls and emails. I'm looking forward to helping you with your next step towards building real wealth.

Your success continues EVERYDAY, let me help you build for tomorrow.

"Action speaks louder than words but not nearly as often." -Mark Twain

Warm Regards,

Todd and Danielle Millar


P.S. Stay ahead by checking out Danielle's daily blog at Edmonton Real Estate Investor for all your cutting edge market news and information.

P.P.S. Don’t forget to visit our website and take advantage of the Resource Tools and product section including REIN's #1 real estate books and Quick Start homestudy sets at a discount. Get your copy of the Canadian Success Stories book and the 2011 Top Ten Investment Towns of Alberta and Ontario.

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