Plaza | 109m | 33s | Cantiro | GEC

[FCC1982]

The building kind of reminds me of this:

 

[haltcatchfire]

please tell me this one is not died

Well its a good sign that it’s not dead if a couple of trailers have shown up on site - thanks for the intel MichaelS.

Since it's been cleared, this site and the one next to it has been repeatedly used as parking for commercial vehicles. I wouldn't read into it.

 

[Jhawk]

You should see some action on this one fairly soon. That’s the plan, but this one has been slower getting out of the gates.

 

[Cowtown]

Whoa, it looks like another onslaught of high rises coming.
- CF 61st ave
- Beltline Block
- Plaza
- Galloway
- 1150 Centre Street

All going ahead from the sound of it. Any I’m missing?

 

[FCC1982]

^ Love it !
What is “Galloway” ?

 

[badc0ffee]

^ Love it !
What is “Galloway” ?

Used to be called the Brooklyn. Thread

 

[BKha]

Whoa, it looks like another onslaught of high rises coming.
- CF 61st ave
- Beltline Block
- Plaza
- Galloway
- 1150 Centre Street

All going ahead from the sound of it. Any I’m missing?

There’s the Nolan Rise towers have already started I think.

 

[FCC1982]

Used to be called the Brooklyn. Thread

Thanks for the link.
Any chance they went for more height when they changed the name

Pretty prime lot to go that short.

 

[Albertasaurus]

I was worried that developers here would slam on the breaks as they have in Toronto and Vancouver, but fortunately that doesnt seem to be happening. I guess it took a few years of overbuilding to get them where they are at today. Developers still seem bullish on Calgary, at least relative to other major markets.

 

[Surrealplaces]

Calgary still seems to be growing in population, and as ng as that keeps going, rental builds will probably keep going. Last month Calgary once again led all metros in housing starts.


I guess the question is, how long will the momentum carry with immigration numbers slowing.

 

[Albertasaurus]

Calgary and Edmonton are a bit unique among the 6 biggest metros in that much of our growth is through interprovincial migration. I believe the other 4 have net outmigration that would result in absolute decline without immigration?

 

[DougB]

Population growth will slow considerably due to reduced immigration, but market dysfunction in ON and BC will create a floor to Calgary's growth. The the dumpster fire rages less intense in Alberta than it does in the rest of the country. The biggest unknown for development will be interest rates. Weak economic growth would suggest lower rates but spiraling government debt will most likley push rates higher.

 

[Albertasaurus]

When I first moved to Calgary at the end of the 90s, Calgary wasn't anywhere near the immigration hub it is now. The city's growth was mostly due to interprovincial migration or natural increase, and was still growing by 20-30k a year. Perhaps that's the roughly the level we'll see going forward for the near future?

 

[O-tac]

Calgary’s population has almost tripled since I was born.

 

[Roaring Flames]

The percentage of immigrants in Calgary held steady at around 20% from the 1986 census up to the 2001 census after which it's been steadily increasing up to 31.5% in the 2021 census. I'd expect that percentage to jump a good degree in the 2026 census.