Mount Royal Village owner’s vision includes major redevelopment

CALGARY — A proposed $130-million redevelopment that includes Mount Royal Village and adjacent land is aimed at creating a community retail node in the Beltline and revitalize the area.

First Capital Realty Inc., owners of Mount Royal Village, have plans that include the $10-million redevelopment of the existing Mount Royal Village shopping/office centre, the $45-million construction of a three-storey retail/office building with a high-end grocery store as the main anchor, and the $75-million construction of a 32-storey residential condo tower, the Herald has learned.

Read more: