Businesses and municipal leaders in Edmonton have expressed the need to bring more visitors and create more opportunities in the downtown core. To support students and downtown revitalization, Alberta’s government is investing $125 million over four years in the development of MacEwan University’s new School of Business. The building will accommodate an additional 7,500 students in business and STEM fields across its downtown campus.
“Every world-class city needs a welcoming downtown core and a post-secondary institution that can meet the demands of students in a rapidly changing economy. This investment in MacEwan demonstrates our commitment to supporting the needs of students while ensuring our cities can grow, compete and thrive.”
MacEwan University brings 20,000 people to downtown Edmonton every day and this investment will build on the vibrancy of the downtown region. Through this investment, MacEwan will make higher learning more accessible to more students while bringing the university closer to its goal of enrolling 30,000 students per year by 2030.
“Alberta’s government understands the pivotal role MacEwan University plays in shaping the minds of students and supporting local businesses. This investment will contribute to Edmonton’s downtown core and create a learning environment that truly nurtures excellence.”
The new School of Business is a proposed seven-storey tower in the heart of MacEwan’s campus in downtown Edmonton. The building would give the post-secondary institution 35,000 square metres of additional space, including 30 classrooms, 20 collaboration spaces and 15 study spaces.
“We are grateful to the Province of Alberta for their commitment of $125 million in support of our new School of Business building. This building will develop the next generation of entrepreneurs and community builders prepared to address real-world issues and grow our economy.”
The services that will be housed in the new building include:
- A new simulated trading floor that will provide real-world experiences that ensure job readiness.
- MacEwan International will provide services to international students and help strengthen Alberta as a destination for future learners.
- A careers and experience office will connect students to industry for more work-integrated learning opportunities.
Alberta’s government began funding the project in fiscal 2023-2024.
Quick facts
- MacEwan University opened as Grant MacEwan Community College in 1971. It celebrated its 50th anniversary in the 2021-22 academic year.
- MacEwan offers 12 degrees with 39 majors.