Posts

Alberta premier offers reassurances on massive Meta data centre during radio show (Edmonton)

Danielle Smith spent much of her Saturday call-in radio show reassuring Albertans about tech giant Meta’s plan to build a massive data centre in the province.     Read more: https://tinyurl.com/5bk2s9xs  

Qld’s wealthiest home buyers splash $244m on just 11 trophy properties (Australia)

Queensland’s wealthiest homebuyers have spent more than $244m on 11 trophy properties in less than nine months, with the Gold Coast cementing its position as the state’s prestige capital.       Read more: https://tinyurl.com/hjd45cur  

Varcoe: The years-long quest — and future road map — to bringing data centres to Alberta (Alberta)

Alberta has finally landed its first whale in the quest to draw $100 billion of data centre investment into the province — a new campus to be built by Meta Platforms.   Read more: https://tinyurl.com/59u5xhbu  

Office workers move back Downtown as some retail and restaurants scurry off (Edmonton)

Just as restaurants and other businesses are closing and leaving Downtown, more office space is being leased, raising questions about recovery in the city’s core.         Read more: https://tinyurl.com/7aepxjt8  

New indoor arts hub in High River could break ground this fall (High River)

A new indoor arts venue in High River could break ground as early as this fall.       Read more: https://tinyurl.com/mue4wcu2

Gold Coast buyers snap up dual-key apartments amid housing crisis (Australia)

A Brisbane developer has come up with a new style of off-the-plan apartments embracing intergenerational living.       Read more: https://tinyurl.com/4drdd3xc     

Province fast-tracking 16 more Calgary school projects (Alberta)

Sixteen more school projects in Calgary are being fast-tracked through a provincial government program, according to Alberta’s education minister.   Read more: https://tinyurl.com/25snn4d6     

'Long-term economic opportunities': Tsuut'ina Nation acquiring nearly 1,000 hectares of land to pursue master planned community (Calgary)

Tsuut’ina Nation is partnering with a Calgary-based developer to expand its territory, with the goal of eventually developing the area into a master planned community.       Read more: https://tinyurl.com/396fwbuk  

Calgary no longer ranks among most affordable Canadian resale markets (Calgary)

Calgary’s real estate market may no longer be among the most affordable major markets in Canada, but it’s still attractive, as the findings of a recent study illustrate.     Read more: https://tinyurl.com/bdz9dren  

'The pricing in Edmonton has just remained so stable,' says realtor (Edmonton)

Another report finding Edmonton’s real estate market is among the most affordable in Canada is certainly nothing new these days.       Read more: https://tinyurl.com/mumpbkun      

Alberta projected to be more diverse, older, and urban as population tops seven million by 2051 (Alberta)

Alberta’s population is expected to surpass seven million people in the next 25 years while also becoming older, more diverse, and increasingly urban, according to new projections from the provincial government.       Read more: https://tinyurl.com/bdd5t4p2     

Office, industrial real estate vacancies dropping amid strong demand: Colliers report (Canada)

TORONTO — A new report says Canada’s commercial real estate sector is seeing strong demand for downtown office space alongside shrinking industrial supply.     Read more: https://tinyurl.com/ymasm5yv  

COLUMN: Growing to pay off our debts (Okotoks)

The messaging from the Town of Okotoks was reassuring: Taxpayers won’t be on the hook for the new water pipeline as fees charged to developers will pay for the massive infrastructure project.       Read more: https://tinyurl.com/mr2n8ryn  

June home sales disappoint as prices reach an all-time high (United States)

High mortgage rates coupled with record-high prices is causing homebuyers to pull back.   Read more: https://tinyurl.com/3vevnytp