5 things about downtown development

Despite much of the news coming out of Calgary’s downtown being of the negative variety as of late, there are still developments moving forward. With construction cranes still littering the downtown skyline, CREB®Now takes a look at five developments coming to downtown Calgary in the near future.

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FIRST impressions resonate in East Village

CALGARY — The FIRST highrise condo project in East Village officially got off the ground Thursday with a ground-breaking ceremony for the 18-storey, 196-unit residential development by builder FRAM+Slokker.

“We’re kicking off the new year with a bang,” said Fred Serrafero, vice-president of development with the FRAM Building Group. “Calgary is a unique market. We have enjoyed a great response to our initial product offering and now with permitting in place, we are starting construction immediately. It’s a great day for our buyers and for the redevelopment of this master planned urban village.”

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