Construction on a desperately needed library and learning centre at Mount Royal University is scheduled to begin in the spring of 2014 following an $85.8-million commitment from the Alberta government and an undisclosed donation from Calgary’s Riddell family.
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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.
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