Plaza | 109m | 33s | Cantiro | GEC

zzkwilliamcanada said:
please tell me this one is not died
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FCC1982 said:
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.
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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.
 
Cowtown said:
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?
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There’s the Nolan Rise towers have already started I think.
 
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.
 
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.
 
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.
 
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?
 
Cowtown said:
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?
Click to expand...
Stampede Marriott Autograph about to start, plus two of the three Truman towers aren't even above grade yet, Kensington Manor, and 1405 4th. We will have a healthy skyline of cranes for quite some time.

Also sounds like a couple in Bridgeland are pretty much locked in, yeah?
 
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