A third-party study confirmed the Edmonton urban gondola project’s business model is commercially viable. When Prairie Sky, the company behind the project, presented the model to the community, many questioned the numbers. As part of the due diligence process, a third-party firm was hired to do an analysis of the plan. The analysis was positive but to get the project built Prairie Sky still needs city approval for real estate negotiations and rezoning, which includes public and Indigenous consultation. Current estimates are for the gondola to open in 2025. See a related Weekly Roundup here. SCJ Alliance, the parent company of the Gondola Project, has been retained to provide gondola expertise for this project.