Canadian Airborne Regiment Plaza was dedicated by the Canada Lands Company on January 18, 2006, as part of their redevelopment of Edmonton’s former Canadian Forces Base (Griesbach Barracks).

The Canadian Airborne Regiment had its roots in two fighting units, the 1st and 2nd Canadian Parachute Battalions. The 1st, established in 1942, took part in the D-Day invasion. The 2nd fought in Italy; its members were the first Allied troops to enter Rome in 1944. The Canadian Airborne Regiment was established in 1968 at Canadian Forces Base Edmonton (Griesbach Barracks).