Vacancy in Calgary’s downtown office market continues to remain at all-time highs, but it appears that it has hit a plateau at around 24 or 25 per cent, says a new report by commercial real estate firm Cresa.
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Category Archives: Calgary (Alberta)
Report shows Calgary’s housing market is closer to turning the corner
Calgary’s housing market hasn’t exactly turned the corner we all hoped it would so far this year.
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July’s new homes starts fall from June and year-to-date numbers
The lingering impact of the recession on the new home construction industry in the Calgary area was again evident with the release of July’s new home starts report from Canada Mortgage and Housing Corp. (CMHC).
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Industry and community stakeholders hope new arena will spark development in East Victoria Park
Calgary’s new $550-million arena will be a catalyst for future private investment in East Victoria Park as part of the massive Rivers District master plan, according to the Calgary Municipal Land Corporation (CMLC).
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Grocery stores can serve as the anchors for reimagined urban village hubs
Greater Vancouver developers are investing billions of dollars in the redevelopment of old shopping centres. The focus is on repurposing them into a multi-use villages where people can live, play and work — not just shop.
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Living large: Calgary’s 10 biggest communities by population
If bigger really is better, these communities are the best of the best.
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Thoughtful park design brings more than green space to communities
Public parks have always been an important part of the civic landscape. From the venerable Bowness and Riley Parks to the green spaces found in every community, Calgarians crave places to meet friends and simply hang out.
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Southwest Calgary homeowner fed up with coyote den near his home
A resident of Upper Mount Royal says he’s had enough of a pack of coyotes that have made their home in a park in the community and wants the city to do something about the problem.
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Median mortgage debt soars in Calgary and Edmonton
ATB Financial’s Economics & Research Team has pulled some interesting data on mortgage debt from Statistics Canada.
Read more: https://bit.ly/2KyDc94
Construction pushes up Calgary industrial real estate vacancies
Following three quarters of vacancy stability at about 5.5 per cent in the greater Calgary area industrial market, vacancy has made a notable move upward, says a new report by Barclay Street Real Estate.
Read more: https://bit.ly/2Z8Oipy