COVID-19 battered city operations in 2020, but Calgary closed the year with a $98-million surplus — money that will go back into pandemic relief this year.
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Category Archives: Calgary (Alberta)
Proposed Green Line images show pathway over train entrance
Calgarians are getting a better idea of what the Green Line will look like when the line emerges from underground and crosses the Bow River on a bridge.
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Strong Q1 for Calgary industrial real estate market
The Calgary industrial real estate market started the year off with a bang, posting two million square feet of positive absorption – the largest amount in a quarter since the third quarter of 2012, says a new report by CBRE.
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Multi-family housing starts in Calgary region pick up in activity
The pace of housing starts in the Calgary region grew in March compared to a year ago thanks to the strength of the multi-family sector.
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Calgary suburban office market sees record vacancy rate
Calgary’s suburban office market saw its vacancy rate increase by 1.2 per cent in the first quarter of the year to reach a record 24.1 per cent, according to a report by commercial real estate firm CBRE.
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Vivo set for groundbreaking of $43M expansion of N.W. rec centre
After nearly 10 years of working with stakeholders, Vivo for Healthier Generations is not going to miss out on a groundbreaking ceremony for its big expansion in Country Hills. Unfortunately, COVID restrictions will not allow for the type of ceremony Vivo’s chief evolution officer Cynthia Watson was dreaming of — it cannot be a large public gathering — but an official ceremony will be held on April 27.
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Varcoe: Fragile momentum builds for Calgary’s economy — if we can get out of our own way
After suffering through an abysmal 2020, there are legitimate reasons to believe an economic recovery is coming for Calgary — if we can finally get some big things done.
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REAL ESTATE FIRING ON ALL CYLINDERS
Mario Toneguzzi’s guest on 5 Questions: Mark Verzyl, a realtor with Greater YYC Group and eXp Realty in Calgary, discusses Calgary’s hot real estate market.
VIDEO: https://bit.ly/3uTv2fP
Neighbourhood opposition stalls Bowness flood barrier
Homeowner opposition has delayed construction of a flood barrier in Bowness.
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Calgary arena progress on pause due to budget issue: CMLC
Progress on Calgary’s new arena is on pause, according to the Calgary Municipal Land Corp.
Read more: https://bit.ly/3mUaVLJ