jmarchy
New Member
Their construction update from March says that it's planned to be re-opened in mid-2025:
Eau Claire Area Improvements construction and detours
www.calgary.ca
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Urban Development and Proposals Discussion
- Thread starter Surrealplaces
- Start date
www.calgary.ca
potatopizzafan
Active Member
Was cruising the cities development map and found these renderings for the building that was previously Free House in Kensington. Looks damn good!
Looks great. The nice thing is they are more or less replacing something good with something similar but nicer.
Here's some more looks at the renderings posted by Potatopizzafan, but a bit higher res, since it is a cool looking building.
Chowda7
Active Member
New co-working offices in Vancouver and Calgary to open with free space | Urbanized
Pavilion Cowork will open two premium co-working office expansion locations in downtown Vancouver and downtown Calgary in 2025.
dailyhive.com
Cowtown
Senior Member
What other things could the $75 million have been on that would draw 3,000 permanent residents?
CalgaryTiger
Senior Member
This isn't the first I've heard about a lack on retail construction but there's also the fact that you hear so much about the death of retail. Biggest retail development on the near horizon is TAZA who actually seems well positioned to capitalize on the suburban retail construction slow down. I still can't believe there's that empty piece of land at Deerfoot Meadows, someone mentioned it was going to be a Canadian Tire, I think the land was even prep'd. Not sure why the developer didn't want to pivot to something else...
retail-insider.com
Stable retail vacancy, lack of new development define Calgary’s retail market: Cushman & Wakefield
Calgary witnessed a continuing move toward retail density à la mixed-use development, says Cushman & Wakefield.
retail-insider.com
Work on 8th street makover begins this week.
www.ctvnews.ca
Eighth Street S.W. getting a massive $30M makeover starting this week
The makeover and modernization of a stretch of downtown roadway begins this week.
www.ctvnews.ca
thecivilengineer
Active Member
Downtown Density Bonusing Offset Program
www.calgary.ca
trtcttc
Senior Member
I agreed with the funds for residential conversion, but with the new demolition program, the density bonusing offset program, we are spending too much tax dollars to subsidize development. I'd rather we spend the funds improving our downtown, such that people will want to live there, instead of funding direct subsidization of a few eligible buildings. With rent already showing a decline, I just don't see these as necessary spending that benefits a few.Density bonusing lets developers build extra floors in exchange for giving back to the community. For example, they can give money to a community fund, create affordable housing, or add public art.Downtown Density Bonusing Offset Program
If I'm reading the article correctly, it looks like the added incentives are more of a tradeoff for the developer, and maybe not any subsidies from the city, or maybe i missed something? If it's a case of a simple tradeoff I'm in support. If it's a case of more money used as incentives, then I'm on the fence. It would depends on the details.
CBBarnett
Senior Member
Very interesting re: density bonusing.
It's a tricky one to wrap your head around where there's clearly a bunch of competing objectives:
- We want to encourage more development so waiving the bonusing fees (more density for no additional costs),
- But we don't want to get rid of the bonusing requirements as a rule,
- and we also don't want to just pay for the amenities independent of the development.
darwink
Senior Member
Yeah. Selling density and upping amenity contributions is what has ruined Vancouver's and Toronto's housing market over the past 20 years, moving them from challenging to failure.
An assumption is that somehow it doesn't increase the cost for development land, nor increase the cost for the housing that is produced. That somehow, the city just 'captures' that value.
Lets just say, an economist didn't theorize the programs like it.
trtcttc
Senior Member
I think we should be updating zoning to reflect what is suitable for an area. If the zoning is suitable, and a developer wants more floors, I do think there should be a density bonusing payment to reflect that. To say all cost is passed on to the end consumer is a little midleading since additional floors give developers more value on the land they already paid for.
pharmer86
New Member
I was walking down 17th ave today and noticed a DP for the Ship and Anchor building/Run Down condo just east of it. Does anybody have any info on this? Would be a shame if the Ship had to close.
potatopizzafan
Active Member
Its a land use redesignation.
I could see the condo building getting redeveloped, its pretty rough and only occupies <50% of the lot. Strange that both lots are included in the application, maybe someone with some more knowledge on this could chime in