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My three theories: 1) More councilors can be made happy by vague promises in both directions than making a firm commitment to a second phase. 2) The Eau Claire to Crescent Heights section will probably need to be cut to keep the phase 1 cost within budget given inflation, which will make the...

This building can be yours for $6.9M - apparently they have given up on finding a commercial tenant for the second floor and are now marketing it as “5 undeveloped residential units”.

Bauer BG30 on site now

That’s not a downside for many people, that is the investment thesis. Toronto and Vancouver have appreciated a lot and are considered overvalued. Calgary has not appreciated so there is more upside for capital gain, as incomes have increased relative to prices.

The Terrigno's are appealing this one, board report is here Among other reasons, Terrigno says the appeal is on account of the City "accepting late written submissions of alleged members of the local community" A nice quote from CPC: "With 18 relaxations across 7 major rule categories, the...

That's a nice lot - seems like the riverfront is getting more interest than the "interior" of east village with EV606 and this spot getting some attention.

It's an awkward site - one frontage is the Ctrain tracks and the other is an alley. I guess they are orienting it southeast so the facade looks towards the Ctrain station with downtown behind - the top two floors will have some nice views. The location in the "what's a 10 minute walk" away sense...

Hope this will be a nice route for cycling - I usually go out to Chestermere on the canal path but there are no great options to loop back to the city - 17th ave south is kind of sketchy until you get to 52nd st and can switch to 16th ave south, going up to Conrich and back on McKnight is also...

We went out to Drumheller a few times in 2020 and 2021 kind of pretending it was Arizona - if you squint, it will do - but personally I am booked to go to Scottsdale for spring break next year, sorry Drumheller.

It does look like a giant suburban rowhouse building, maybe mixed with the scale and uniformity of a Victorian workhouse. I am less fussed about that than the urban form, seems like a missed opportunity to have some retail and/or ground floor unit entrances.

I would be absolutely livid as a Suncor shareholder if they went ahead with a new build office tower in a city with 33% vacancy. CEO just got turfed for too many employee deaths on his watch, seems like there are bigger problems to solve than needing a fancier head office.

There will not be a serious, organized recall, but Davison appears to have abandoned the sunny bland centrist image and is going full speed into the Pierre Poilievre lane.

Minto owns that lot. Maybe storage for Era construction stuff?

The Brightline train from Orlando to Miami seems like a somewhat similar situation but with a much more skilled group of promoters. I'd love to know what the keys were to making that privately-led project happen, I am not very familiar with it.

A post-secondary institution big enough to make a difference would almost certainly need to be led by the Province, but interesting to know that the City could support 4,000 students in 1 M sf by your calculations. I would 100% expect U of C to resist a downtown campus, but presumably the...

I completely agree with the points the Minister raised - going to cost much more, consultations are going to be much harder, and there's no definitive agreement with CPR on what to do about the tight sections of the corridor. I hope the proponents can come back with a more credible financial and...

Alberta sends Banff train proposal back to private backers, citing financial risk Alberta has punted an ambitious plan to build a passenger rail link between Calgary and Banff back to the private proponents of the project – saying that as it stands, the financial risks for the province are too...

https://www.ucalgary.ca/facilities says they have 10.5 M sqft total - my back-of-the-envelope math was 10 years of growth at 2% per year.

Going for 6M sqft of resi conversions alone probably doesn’t make sense, there will be diminishing returns as the most logical candidates are converted. Seems like say 3M sqft conversions for $225M - about double what has been committed and 4x what has been announced - would be about as far as...

That structure assumes every km is double tracked. Is that practical? There are four crossings of the Bow, one across the Kananaskis, the tight sections in Edworthy and Ghost Lake, etc etc That may be true in a strictly legal sense but the “good neighbour” agreement is going to need to come...