Calgary’s 600,000-sq.-ft. Nexen Building sits vacant

Posted on February 24, 2020 by Joe

It’s situation that has likely never been experienced in Calgary’s downtown office market. When energy company Nexen moved its operations to the Bow Tower last fall, the energy company left the site of its former headquarters completely empty – the 801 Seventh Building.

Read more: https://bit.ly/2TdQn2b

World-class spa planned for Harmony development

Posted on February 24, 2020 by Joe

A world-class spa is being planned for the new residential community of Harmony which is being developed by Qualico Communities and Bordeaux Developments in the Springbank area just outside of Calgary.

Read more: https://bit.ly/2Tfm1wv

Key MLS statistics from January show positive signs for Calgary

Posted on February 22, 2020 by Joe

Home sales on Canadian MLS Systems dipped 2.9 percent in January from December, but shot up 11.5 percent from January 2019, making last month’s sales the highest for any January since 2008.

Read more: https://bit.ly/2wvRm6f

Co-working giant WeWork opens Calgary offices

Posted on February 21, 2020 by Joe

International co-working giant WeWork celebrated its entry into the Calgary market Thursday, lifting the veil on two new downtown locations.

Read more: https://bit.ly/38MLt2N

Demand for flex office space accelerating

Posted on February 20, 2020 by Joe

The flex office market is rapidly expanding throughout Canada as demand continues to accelerate for different working space from the traditional office environments.

Read more: https://bit.ly/2T4CjZ1

Degree of vulnerability low in Calgary housing market

Posted on February 20, 2020 by Joe

Overall, a low degree of vulnerability was detected in Calgary’s housing market in the third quarter of 2019, lowered from the previous assessment, says the new Housing Market Assessment report released Thursday by Canada Mortgage and Housing Corporation.

Read more: https://bit.ly/2Pbz9RV

Province announces $137-million upgrade to Peter Lougheed emergency, mental health care

Posted on February 19, 2020 by Joe

After years of pleas for emergency unit expansion at the Peter Lougheed Centre, the UCP government on Wednesday announced $137 million in upgrades.

Read more: https://bit.ly/2udAH6R

Residents object to huge pit that would shift gravel into city on conveyor belt

Posted on February 17, 2020 by Joe

A proposed gravel mine on Calgary’s northwest edge that would shuttle rock into the city on a 4.5-kilometre conveyor belt to quell neighbours’ opposition is still meeting resistance.

Read more: https://bit.ly/38M45Ah

My Neighbourhood: Bridgeland

Posted on February 16, 2020 by Joe

First settled in the 1880s, when Calgary itself was little more than a fort on the banks of the Bow River, the community of Bridgeland is one of the city’s oldest neighbourhoods.