With these new projects, the Downtown Calgary Development Incentive is now supporting a total of 21 office conversion projects that are transforming 2.68 million square feet of office space into 2,628 new homes, one hotel with 226 rooms, and a hostel.
So, 12 conversions in total, including Nexen.
Made a list of the 12 completed/in progress projects that with the new 10 total 21 housing/hotel and hostel projects. It is 22 if you include Nexen.
Cornerstone (Completed, with repairs required on the SE corner haha looks like someone with too tall of a trucked ripped off some siding.) Opened 2024 - 112 Homes, including below-market and accessible
Dominion Centre (In Progress) Open 2025 - 122 Homes, including below-market
Element Hotel (In Progress) Open 2025 - 226 Rooms
Place 800 (In Progress) Open 2026 - 204 Homes, including below-market
University of Calgary, "Nexen" (In Progress) No posted open - Campus for over 1,200 students
Taylor Building (In Progress) Open 2026 - 83 Homes
The Loft (In Progress) Open 2025 - 56 Homes
Petro Fina (In Progress) Open 2025 - 103 Homes, including below-market
Eau Claire Place I (Completed) Opened 2025 - 87 Homes
Eau Claire Place II (In Progress) Open 2025 - 195 Homes
Palliser One (In Progress) Open 2027 - 418 Homes, including below-market
Teck Place (In Progress) Open 2025 - 108 Homes
Is there a way to keep record of this list? Maybe someone already has?
Some questions... Where is the hostel? Is the conversion of Hanover not incentivized?
As for the new ones... A new one that we know of but I guess is not fully announced is the conversion of the 606 4th Street. Do we know of any others?