I always thought the Denny's was kind of funky for a Denny's, but this will be a good addition, especially if they decide to do a color change before building it. White with one other accent color and it would actually look pretty good IMO.
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Urban Development and Proposals Discussion
- Thread starter Surrealplaces
- Start date
This one is actually pretty far west - 10 St.
outoftheice
Active Member
Ooops. Was thinking west, typed east. Used to hit up the BPs in that spot before it became a Dennys as it was one of the only places in the Beltline where they would show sports with the sound on. Both east and west ends could actually use the boost in population and vibrancy. 17th is strong between 4th St and 8th St and dies out pretty quickly outside of the core blocks.
CalgaryTiger
Senior Member
I was thinking, things seem to be going well for continued multi-family construction momentum in Calgary. Continuing on that thought, I came across an article that loosely ties into the continued construction of rental buildings.
Calgary is mentioned a couple times in the article below but really this article had me thinking about Calgary's continued building in the face of slowdowns in other centres. Calgary's condo market has never been that hot and prices have always been pretty reasonable; people don't seem to want to buy condos as investments on a large scale where a boom in construction is imminent. I think that's because the rental demand is being fairly well supplied.
Rental buildings on the other hand seem to be doing well. There are all the conversions and continued new construction. If condos continue to be a modest investment in Calgary for developers and buyers, I can see rental buildings continue to be proposed and converted from office buildings.
In this scenario, everyone should benefit: Renters benefit from supply being relatively equal to demand, so prices stay where they are or go down and developers benefit from the decently steady stream of renters, especially as Calgary continues to attract newcomers from other provinces and countries. Meanwhile condo buyers should still see some new construction that should supply the smaller demand that is there without developers over-building the market and sinking condo prices. Investment condo buyers should be able to be modestly successful but not do well enough to start a condo construction boom fed by investors.
I really see Calgary being in a bit of a Goldilocks zone for multi-family construction, steady development of all types should continue.
financialpost.com
Calgary is mentioned a couple times in the article below but really this article had me thinking about Calgary's continued building in the face of slowdowns in other centres. Calgary's condo market has never been that hot and prices have always been pretty reasonable; people don't seem to want to buy condos as investments on a large scale where a boom in construction is imminent. I think that's because the rental demand is being fairly well supplied.
Rental buildings on the other hand seem to be doing well. There are all the conversions and continued new construction. If condos continue to be a modest investment in Calgary for developers and buyers, I can see rental buildings continue to be proposed and converted from office buildings.
In this scenario, everyone should benefit: Renters benefit from supply being relatively equal to demand, so prices stay where they are or go down and developers benefit from the decently steady stream of renters, especially as Calgary continues to attract newcomers from other provinces and countries. Meanwhile condo buyers should still see some new construction that should supply the smaller demand that is there without developers over-building the market and sinking condo prices. Investment condo buyers should be able to be modestly successful but not do well enough to start a condo construction boom fed by investors.
I really see Calgary being in a bit of a Goldilocks zone for multi-family construction, steady development of all types should continue.
Is ‘lifelong renting’ becoming the new normal? Data on the typical Canadian renter suggests we're heading that way
Here's what the typical Canadian renter looks like today and why lifelong renters could become a bigger phenomenon. Find out more.
financialpost.com
trtcttc
Senior Member
When I grew up in Vancouver, people would tell you condos are bad investment and only thing worth buying is land. Condos obviously became super popular primarily because a SFH became so expensive. Condos will never be popular as long as a single family home is only 2-3x the cost and relatively affordable. We saw it briefly in Calgary when condos shot up in value in 2013/2014 because the economy was doing well and real estate went up so people turned to condos for what they can afford.I was thinking, things seem to be going well for continued multi-family construction momentum in Calgary. Continuing on that thought, I came across an article that loosely ties into the continued construction of rental buildings.
Calgary is mentioned a couple times in the article below but really this article had me thinking about Calgary's continued building in the face of slowdowns in other centres. Calgary's condo market has never been that hot and prices have always been pretty reasonable; people don't seem to want to buy condos as investments on a large scale where a boom in construction is imminent. I think that's because the rental demand is being fairly well supplied.
Rental buildings on the other hand seem to be doing well. There are all the conversions and continued new construction. If condos continue to be a modest investment in Calgary for developers and buyers, I can see rental buildings continue to be proposed and converted from office buildings.
In this scenario, everyone should benefit: Renters benefit from supply being relatively equal to demand, so prices stay where they are or go down and developers benefit from the decently steady stream of renters, especially as Calgary continues to attract newcomers from other provinces and countries. Meanwhile condo buyers should still see some new construction that should supply the smaller demand that is there without developers over-building the market and sinking condo prices. Investment condo buyers should be able to be modestly successful but not do well enough to start a condo construction boom fed by investors.
I really see Calgary being in a bit of a Goldilocks zone for multi-family construction, steady development of all types should continue.
Is ‘lifelong renting’ becoming the new normal? Data on the typical Canadian renter suggests we're heading that way
Here's what the typical Canadian renter looks like today and why lifelong renters could become a bigger phenomenon. Find out more.
Calgary is in a good state in that we are building at a good pace, even with historic population growth. That prevents land from becoming too expensive, which essentially prevents housing from ever being affordable. Even with stagnating growth (population and housing prices) in Vancouver and Toronto, developers simply stop building and in a few years we're in a supply constraint again. So prices never meaningfully fall. That's why even a few years of bad housing policy is very hard to reverse.
thecivilengineer
Active Member
Nine new office conversions build on a momentous year of downtown transformation
The momentum downtown is stronger than ever following a transformative year in our shared efforts to revitalize downtown Calgary, capped by the exciting announcement of the details of nine new office conversion projects.2025 saw several major milestones achieved downtown – from the arts and...
IanBray
Active Member
I would love to see office to residential conversions along 17th Ave. So many empty and struggling office buildings that would be great conversion candidates for condos or boutique hotels.Nine new office conversions build on a momentous year of downtown transformation
The momentum downtown is stronger than ever following a transformative year in our shared efforts to revitalize downtown Calgary, capped by the exciting announcement of the details of nine new office conversion projects.2025 saw several major milestones achieved downtown – from the arts and...newsroom.calgary.ca
Some candidates below.
Are those empty/struggling? I know large spaces downtown aren't being leased, but these are neither downtown nor large.
CalgaryTiger
Senior Member
Maybe this will save people from looking every address on this list up...
622 5 Ave S.W.
Small but should be a quick and easy project.
510 5 Street S.W.
Right beside the Dorian and not small. We'll see if they keep the brick.
441 5 Ave S.W.
A building I've been by many times and it left no impression on me at all.
839 5 Ave S.W. and 840 6 Ave S.W.
This one could end up looking pretty interesting.
110 12 Ave S.W.
We've known about Transalta's old HQ for a while.
640 12 Ave S.W.
Small but if done well could be a fun one.
708 11 Ave S.W.
We knew about this one, it shared the alley with Noble.
640 5 Ave S.W.
This is the one that person's husband worked in. The largest of this set, I imagine they'll try to keep a similar look.
149 5 Ave S.E.
Intriguing little building. The City needs to do something with the old Fire Hall and CBE needs to do something with their old HQ.
Here's the list.
622 5 Ave S.W.
Small but should be a quick and easy project.
510 5 Street S.W.
Right beside the Dorian and not small. We'll see if they keep the brick.
441 5 Ave S.W.
A building I've been by many times and it left no impression on me at all.
839 5 Ave S.W. and 840 6 Ave S.W.
This one could end up looking pretty interesting.
110 12 Ave S.W.
We've known about Transalta's old HQ for a while.
640 12 Ave S.W.
Small but if done well could be a fun one.
708 11 Ave S.W.
We knew about this one, it shared the alley with Noble.
640 5 Ave S.W.
This is the one that person's husband worked in. The largest of this set, I imagine they'll try to keep a similar look.
149 5 Ave S.E.
Intriguing little building. The City needs to do something with the old Fire Hall and CBE needs to do something with their old HQ.
Here's the list.
| Name | Address | Square feet converted | New Homes | Developer |
| The HAT @ 5 Ave | 622 5 Ave S.W. | 42,000 | 32 | Cidex Group of Companies |
| 510 5th | 510 5 Street S.W. | 112,000 | 128 | Bluevale Capital Group |
| 441 Fifth | 441 5 Ave S.W. | 78,000 | 63 | Bluevale Capital Group |
| Atrium I & II | 839 5 Ave S.W. 840 6 Ave S.W. | 209,000 | 180 | Astra Group & Peoplefirst Developments |
| Transalta | 110 12 Ave S.W. | 133,000 | 153 | Crestpoint Real Estate Investments |
| Epique House | 640 12 Ave S.W. | 35,000 | 35 | Alston Properties |
| Joffre Place | 708 11 Ave S.W. | 100,000 | 119 | Alston Properties |
| 640 Fifth | 640 5 Ave S.W. | 220,000 | 262 | Kanas Corporation |
| Wicked Hostel/Le Rocc | 149 5 Ave S.E. | 18,000 | Bryan Mar & Axis Projects | |
| Total: | 947,000 | 972 |