University District launches latest condo project

U of C-area development has secured new retailers and officially broken ground on its three-acre Central Park

University District launches latest condo projectThe massive mixed-use University District development in Calgary has launched a new residential condominium project, secured new retailers and officially broken ground on its three-acre Central Park. West Campus Development Trust, which is spearheading the overall development, and Avi Urban announced recently that the new condo project, Argyle, will feature one-, two- and three-bedroom condos.…

Alberta universities in hot zones for real estate investment

REIN report intended to help investors make the most out of the ‘colossal’ demand for student housing

Alberta universities in hot zones for real estate investmentThree Alberta universities rank in the top five nationally as “hot zones” in a new real estate investment report. For the first time, the report looks at how university campuses influence real estate rents, prices, values and investment potential upward. The inaugural University Effect: A Report for Rental Housing Providers was released by the Real…

Attracting great retailers with good developments

Leo Scarcello of West Campus Development Trust talks about University District’s allure to residents and the businesses that serve them

Attracting great retailers with good developmentsLeo Scarcello is vice-president of retail development at West Campus Development Trust. How is the retail landscape in Calgary? What’s changed and what has stayed the same? Scarcello: The retail landscape is adjusting to the new realities of the Calgary economy. As we have seen, the downtown core and B-type properties in urban and suburban…

Facing real estate’s next big challenges head-on

Jessica Abt of the Westman Centre for Real Estate Studies talks about how U of C students are being prepared for a disruptive future

Facing real estate’s next big challenges head-onJessica Abt is director at Westman Centre for Real Estate Studies, and acting director of the graduate program recruitment and admissions at Haskayne School of Business, University of Calgary. Tell me a little bit about the Westman Centre – what it offers and its purpose? Abt: Our purpose is simple – to create entrepreneurial and…

U of C Life Sciences Innovation Hub receiving $8.5M in funding

Life sciences is a critical component of Calgary's economic strategy and funding will help bring the city's ground-breaking work to market

U of C Life Sciences Innovation Hub receiving $8.5M in fundingThe University of Calgary is receiving $8.5 million for the city’s Opportunity Calgary Investment Fund for programming to turn advanced research into commercial ventures at the post-secondary institution’s new Life Sciences Innovation Hub. “Life sciences is a critical component of our economic strategy and we already have a great university doing ground-breaking work,” said Calgary…

Rejuvenating and re-imagining downtown Calgary

Marco De Iaco, executive director of Downtown Calgary, is energized to find a creative new path for the city's core

Rejuvenating and re-imagining downtown CalgaryMarco De Iaco is executive director of Downtown Calgary. What's your overall sense of the mood of downtown businesses and the downtown these days? De Iaco: Far less optimistic. Lower energy and less swagger than what we’re used to. Justifiably so I suppose. Major impediments to the energy sector, huge vacancy rates, increasing unemployment and…

U of C taking over space in Calgary’s old central library

Faculty of Environmental Design satellite location will be used as a teaching lab that doubles as a new event venue

U of C taking over space in Calgary’s old central libraryThe University of Calgary’s Faculty of Environmental Design is taking over the main floor of the old downtown library. It will be a satellite location used as a teaching lab that doubles as a new event venue. In a news release on Monday, it was announced that the university will create an active street‐level collaborative…

The fundamental flaw of populist politics

The populist trinity of direct democracy – initiative, referendum and recall – is incompatible with the Canadian political system

The fundamental flaw of populist politicsThe recent Robyn Luff controversy in Alberta illustrates two much broader issues. One is that this MLA, like many Canadians, doesn’t understand how the Westminster-style parliamentary system works. The other is the remarkable persistence of the notion that MLAs are merely delegates of their constituents. Luff, the Calgary-East MLA, complained about being forced to toe…

Alberta deficit could reach $40 billion by 2040: U of C report

‘An aging population will increase government spending significantly and tax revenue will fail to keep pace’

Alberta deficit could reach $40 billion by 2040: U of C reportAlberta’s fiscal policies are unsustainable and the province’s deficit could reach $40 billion by 2040, says a new report by the University of Calgary’s School of Public Policy. The report, Alberta’s Long-Term Fiscal Future by economist Trevor Tombe, says the province has neither a revenue problem nor a spending problem. It has a budget problem.…

UofC research park to drive innovation and economic diversification

The transfer of the land and buildings will support the creation of a new innovation and research cluster

UofC research park to drive innovation and economic diversificationThe University of Calgary has acquired 76 acres of land and three buildings from the government of Alberta to support the creation of a new innovation and research cluster at the University Research Park. The school says the move will drive innovation and economic diversification, as well as create high-quality jobs. “Innovative ideas are being…
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