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Calgary

‘Reverse migration’ dents Calgary’s daunting downtown office vacancy rate

The Canadian Press Apr 20, 2019

CALGARY – Colliers International says a rising trend of ``reverse migration'' is starting to bring office tenants back into Calgary's core, resulting in a decline in the downtown vacancy rate during the first three months of the year.…

Building

Anchor store expected to help largely vacant mall attract merchants, shoppers

By Dan Healing – THE CANADIAN PRESS Mar 20, 2019

CALGARY – Ten months after tenants started moving into the still mostly empty New Horizon Mall just north of Calgary, its first anchor tenant is being announced this week.That means the grand opening originally scheduled for October…

Building

Luxury sales down in formerly hot housing markets, but up in Montreal

By Aleksandra Sagan – THE CANADIAN PRESS Mar 20, 2019

Luxury home sales fell in the two formerly hot housing markets of Vancouver and Toronto, as well as Calgary, in the first couple months of the new year, according to data released Wednesday by Sotheby's International Realty Canada.That…

Building

Calgary city council talking new home for Calgary Flames again

Donna Spencer, THE CANADIAN PRESS Jan 28, 2019

Calgary city council will discuss Monday how to prioritize and pay for mega-projects, including an event centre that would be the new home of the NHL's Calgary Flames.The event centre, estimated to cost between $550 million and $600…

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Design Team named for Calgary’s Centennial Planetarium redevelopment

Building Jan 14, 2019

Contemporary Calgary today announced it has selected the team of Calgary-based Gibbs Gage Architects and KPMB Architects of Toronto after an international search for prime consultants to help transform the Centennial Planetarium into a…

Building

Plunging Calgary office values linked to high oil and gas unemployment rate

THE CANADIAN PRESS Jan 4, 2019

A commercial realtor says a 32 per cent decline in Calgary's downtown office building property assessment this year will likely translate into lower costs for some tenants, but he doesn't expect much improvement in the vacancy rate.…

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Calgary school board partners with Bullfrog Power in solar energy plan

Building Dec 3, 2018

Today, Bullfrog Power, Canada's leading green energy provider, and the Calgary Board of Education (CBE) are officially unveiling the "Good Day Sunshine" solar initiative, five new solar installations on elementary schools throughout…

Building

Minto acquires ‘The Quarters’ Calgary rental buildings in $63.8 million deal

Building Nov 23, 2018

Minto Apartment Real Estate Investment Trust today announced that it has waived its conditions under a definitive agreement to purchase two urban multi-residential rental buildings — dubbed 'The Quarters' — in Calgary, Alberta for total…

Building

Calgary city council votes to shut down bid for 2026 Winter Games

Donna Spencer, THE CANADIAN PRESS Nov 19, 2018

Calgary must now come to grips with how to modernize its aging sports facilities after rejecting a bid to host the 2026 Winter Olympics and Paralympic Games.City council hammered the final nail in the coffin of a 2026 Games bid with a…

Building

Calgarians vote ‘no’ to bidding for 2026 Winter Games, in plebiscite

Donna Spencer THE CANADIAN PRESS Nov 14, 2018

A Calgary bid for the 2026 Winter Olympic and Paralympic Games is destined to die after the majority of voters said 'no' to it.In a plebiscite asking citizens if they want to host a Winter Games again after the 1988 Winter Olympics in the…

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