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Urban Development and Proposals Discussion

I would think being at the corner of a couple of intersecting light rail lines would be quite nice. A tall lobby with lots of lights and greenery would be nice along 7th. The FCC lobby on 6th is quite cold.

For Decades this was its own The Bow south weird deck park thing. We'll see if they're all talk

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Joborule said:
I don't understand a world where having a rapid transit line next door to your downtown building diminishes property value. Telus Sky must be really suffering.
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I think he is referring to the possibility of GL being elevated and how that might impact the marketability of the first few floors.
 
Albertasaurus said:
I think he is referring to the possibility of GL being elevated and how that might impact the marketability of the first few floors.
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That's what I'm referring to. I feel that saying the first few floors would be undesirable is overstated, compared to the convivence of being next door to what should be the most popular transfer station in the whole network when full build occurs. And they would have to the ability to adapt and take the elevated station into consideration to maximize possible value.
 
This is about as perfect a place as you can get for a really tall residential tower. Right on the Red and Blue line, where the Green line will intersect, and a large shopping mall across the street to boot. Might as well make it 80 floors!
aryanoboi said:
storeys.com

Armco Buys First Canadian Centre In Calgary For $46.5M, Planning Second Tower

The First Canadian Centre sits at 350 7 Ave SW in Calgary and was acquired by G2S2 Capital Inc. through Armco Capital Inc.
storeys.com storeys.com

I saw this article about First Canadian Centre on Reddit.
Fun fact: there was originally 2 towers proposed, but only the one was built. Armco seems to be interested in building a mixed-use/residential tower on the lot that was originally for the second tower.

Anyone has any thoughts on this?
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Surrealplaces said:
This is about as perfect a place as you can get for a really tall residential tower. Right on the Red and Blue line, where the Green line will intersect, and a large shopping mall across the street to boot. Might as well make it 80 floors!
Click to expand...
In the words of Austin Powers:
“Yeah Baby, Yeah!”
 
Albertasaurus said:
I'm not going to hold out hope for 70 storeys, but I would think to make purchasing that site worthwhile, probably as a bare minimum they'd be looking at 40 storeys (and more likely at least 50). It'd just be nice to see something go up on that site after 40 years.
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Damn right - been waiting since I was a kid
 
RolleyMakr_168 said:
Honestly, dude. Just check this link. It's a lot...

Truman- Future Projects
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That isn't even all of them.....

I typically don't make threads for their more suburban, purely residential ones. It would be just too many, especially when you start considering all of the other developers doing similar projects (Logel Homes, Cedarglen Living, etc....).
 
RolleyMakr_168 said:
Do we have a thread for this project by Truman in Yorkville?
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Pretty much what MichaelS said, it's the same for me. I usually don't make threads for greenfield projects, as there are so many, but if there is a particular project of interest, we can make a thread. Most of the greenfield stuff is usually part of an overall development that is mostly multi-family like Trinity Hills, West District, etc..
 
Bit out of the loop on downtown and the population growth, but I just read that Calgarys Downtowns population grew from 38,663 in 2016 to 46,763 in 2021. That’s quite impressive, especially considering the downturn we experienced. I’m assuming the population now would be closer to 50,000 in 2025.

The numbers above reflect the Greater Downtown neighbourhoods
  • Downtown Core
  • Downtown West
  • Eau Claire
  • Chinatown
  • East Village
  • The Beltline
Given this number predates a lot of office conversions that will increase the number of residential units in the downtown core alone, plus with the Central Station and Events Centre getting built out in Victoria Park with the master plan and rapid growth, what is the population going to reach in the next 25 years by 2050?

Do you think it will be getting close to 75,000?

Not sure if there is an official plan on what the population target by 2050 is, but that’s my conservative projection. What does everyone think?
 
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