Spanning 48 city blocks, West Edmonton Mall is a retail & entertainment landmark. Not only is the project the world's largest entertainment and shopping centre, but it is considered Alberta's number one tourist attraction. Features of the project include over 800 stores and services, more than 100 eating establishments plus eight world class attractions and a world class hotel.
Altus’ involvement with project began in 1981 and has continued to evolve, meeting the project’s needs as they arise.
Services we have provided include:
RESEARCH, VALUATION & APPRAISAL
Original involvement: 1981
- Financing Appraisal
- Market value appraisal for international bond holders
- Market study
COST CONSULTING:
Original involvement: 1984
- Development cost monitoring
- Property condition review and capital reserve analysis
- Peer review
REALTY TAX
Original involvement: 1992
- Assessment notice reversal
- Tax appeal