Mountain Man
Senior Member
Looks decent, will be great to have more residents in the core!
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Office Space Conversion
- Thread starter Zoom
- Start date
JoeUrban
Active Member
I'm glad to see they're more or less retaining the architectural style of this one. Could be tweaked a bit but a good draft.
Map of current projects that haven't started yet.
Atticus
Active Member
Is there a full list of all completed or proposed conversions?
No list that I've seen here, but these are the ones I know of.
Completed
1010 1st Street SW (office to residential)
Cube (office to residential)
Sierra Place (office to residential)
International Hotel (hotel to residential)
Partially completed
The Barron Building (office to residential)
Proposed
Palliser (office to residential)
The Corner Stone (office to residential)
Canadian Centre (office to residential)
United Place (office to residential)
Tek Place (office to residential)
Completed
1010 1st Street SW (office to residential)
Cube (office to residential)
Sierra Place (office to residential)
International Hotel (hotel to residential)
Partially completed
The Barron Building (office to residential)
Proposed
Palliser (office to residential)
The Corner Stone (office to residential)
Canadian Centre (office to residential)
United Place (office to residential)
Tek Place (office to residential)
JonnyCanuck
Senior Member
The only work complete with Barron Building is that perhaps the interior was completed gutted. Other than that it continues to sit derelict.
CalgaryTiger
Senior Member
Calgary shows way as office towers get new lease on life, transformed into housing
Conversions are a feel-good solution to the twin dilemmas of excess office space and a lack of affordable housing. Find out more
calgarysun.com
Some interesting quotes from the article...
So far, Calgary’s funding has been allocated to eight projects — five of which are currently under construction with three conditionally approved but unannounced by the city. The remaining $27 million is still up for grabs, according to Calgary’s downtown development and strategy manager, Natalie Marchut.
“Through that reopening for the remaining funds we received another nine applications to the program that are all under review at the moment, and the remaining $27 million will be allocated to the successful candidates of that round of submissions,” she said.
Could you imagine a total of 17 conversions underway. Wonder if they end up finding the money for all of these. If the shoe fits, wear it.
CalgaryTiger
Senior Member
For the conversion of Teck Place at 205 9 AV SE, the application was approved on September 09, 2022. No appeal was submitted. I know in the previous post I made the city includes this as 'under construction' but its not. So maybe we start to see some action on this in the new year?
kora
Active Member
Our office to residential conversion program is getting international attention in The Economist magazine.
"The future of family living"
The Economist, p. 63, February 11 2023
"Calgary, where one in three offices sits vacant, is home to one of the more ambitious plans. In 2021 the Canadian city launched a funding scheme for developers willing to try their hand at conversions. Officials have since pledged more than C$153m ($115m) in grants."
"The future of family living"
The Economist, p. 63, February 11 2023
"Calgary, where one in three offices sits vacant, is home to one of the more ambitious plans. In 2021 the Canadian city launched a funding scheme for developers willing to try their hand at conversions. Officials have since pledged more than C$153m ($115m) in grants."
JonnyCanuck
Senior Member
The statement made in the magazine is a little misleading. If you are not from Calgary, one might think when reading this that one out of 3 buildings sits vacant. What they mean to say is 'almost one third of total office space is vacant'.
Plus I read right here on this forum that it's more like 25% vacancy now, due to a combination of positive business growth and negative office space growth (conversions, no new builds).
MichaelS
Senior Member
Saw this on LinkedIn this morning, I don't think we have seen anything about this yet. No DP has been submitted to the City so far.
Address is 525 3rd Ave SW:
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Roaring Flames
Senior Member
Hopefully they open up the bottom floor to retail. The current building has an extremely sterile street presence.
I'm wondering when we'll get our first residential connection to the +15. Then Waydowntown can become reality.
(Everyone here should see it if you haven't)
(Everyone here should see it if you haven't)
I used to be a security guard in Eau Claire Place I. Great location for a conversion.