City looking at ways to reduce Edmonton's high downtown office vacancy rates

The city is looking at taking steps to help reduce an 18 per cent downtown Edmonton office vacancy rate that might not return to a balanced level until at least 2030.
Vacancies have grown for more than two years and could reach 30 per cent by 2020, partly because the towers going up near Rogers Place will create far more space than downtown typically absorbs, according to material scheduled to be discussed Tuesday by city council’s executive committee.
Significant vacancies include the Ban