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Probably means that the market has finally bottomed out and properties have marked down to market clearing prices. This is a good sign! BVS is not well suited to conversion, other than having small floor plates.

Most data centers run constantly at fairly close to their max consumption. Their whole value proposition is built on pooling loads from different customers to maximize asset utilization.

Except they aren't. Interest rates are rising. The US 10 Year is up about 0.5 percentage points since early Sep: https://www.cnbc.com/quotes/US10Y Central banks can manipulate the front end of the yield curve by setting its overnight rate. Less effectively, they can distort further out the...

Growth will slow dramatically. The big unknown is what happens to intra provincial migration. I can't see housing affordability improving in ON or BC. A change in the federal government can only be more positive for AB relative to other provinces. Maybe internal migration to AB will hold up.

https://calgary.ctvnews.ca/contentious-housing-development-raises-concerns-over-creosote-not-density-1.7085180

Why is that? Does the Mustard Seed have better services, attract a different demographic, have different rules?

Yet the Mustard Seed and Salvation Army shelters don't seem to create anywhere hear the social disorder as does the DIC

I think it was Scotia Bank. Data centers in the 80s had a lot of office space for people to key in info from paper documents

It was a data centre for one of the big banks where all the paper cheques were cleared

Biggest difference I've noticed is more moisture, be it more large rain and snow storms, higher humidity and greener grass

Maybe Phase II: https://royop.com/properties/north-hill-co-op/

A less flattering rendering from the Herald: https://calgaryherald.com/business/local-business/parker-gga-architecture-build-leadership-team-within

Averages don'ts apply to Calgary. Its weather, like its economy, is bimodal.

Forecasts beyond about 5 days are useless in Calgary. Christimas will be somewhere between -35 and +20

Canadian economy is lagging

There was talk of demolishing the other TA building, the bunker to the west, preserving the foundation and bulding a tower. Is that still in the cards?

The budget should grow at no more than inflation plus growth. Taxes need not follow the same trajectory as growth generates more tax revenue

Agencies like TransLink, Sound Transit and BART exist to co-ordinate projects across multiple municipalities. This isn't an issue in Calgary, but Edmonton will need something similar at some point,

The City still has plenty of room on its annual water license. It may hit up against daily limits in the near future, but those are easily solvable through outdoor watering restrictions and building more treated water reservoirs. Several decades into the future, the City will likely need to...

A mogul run at Louise would have lots of bare spots