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The City owns the land and plans to develop it for housing. http://www.edmonton.ca/city_government/projects_redevelopment/edmonton-city-centre-airport-land-redevelopment.aspx
It all comes down to tax dollars
* increasing revenue to the City over the long term (between $91M and $486M), which...
My mother was born in 1929 and grew up near this airport. During the war her family housed servicemen and she met people from all over the world as well as stealing a ride in an Anson during a time when civilians didn't normally fly in borrowed military aircraft. Her friend Pat Purdhem(sp) and...