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High hopes

Calgary’s commercial sector still among nation’s busiest markets With cranes a seemingly permanent fixture of Calgary’s growing skyline, it’s of little surprise the city’s commercial market has been...

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‘Excuse me while I kiss the sky’

* Part three of three in Calgary’s Growing Up series Calgary’s commercial sector riding high with innovative designs, added amenities It’s tough to keep tabs on Calgary’s skyline these days. With new...

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Coming up big

Calgary’s commercial sector still going strong The Calgary Tower’s new, much-discussed exterior lighting system may serve as more than an eye-catching attraction. It might also shine new light on the...

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2014: The year in commercial

A ‘fantastic’ year for Calgary businesses despite dropping energy prices Despite plummeting oil prices, commercial activity in Calgary remained robust throughout 2014, creating what many industry...

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Calgary commercial output ‘still positive’

Oil prices to impact commercial, retail and industrial sectors Declining oil prices are expected to create added challenges for Calgary’s commercial market over the next 12 to 24 months, according to...

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Video: Deerfoot Mall transformation plans announced

Developer Shape Properties has released renderings and a video on Deerfoot Mall’s transformation to Deerfoot City. “Deerfoot City will be unique to suburban Calgary, and will meet the growing demand...

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PTQ: Charles Cochrane

Charles Cochrane is CEO of Cochrane Developments Corp. (CDC), most recently behind the Meadows Mile Professional Centre overlooking Deerfoot Meadows. Cochrane took some time to chat with CREB®Now...

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Cautious commercial

Calgary’s core office market could see vacancy increases that endure even after a recovery in oil prices According to a new report from commercial real estate firm Cushman and Wakefield, the negative...

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Stacking up

Still plenty of activity coming to Calgary’s commercial sector Dueling industry reports are challenging expectations of how active Calgary’s commercial market will be this year in wake of ongoing...

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Developing story

Calgary still the place to be for new developments Despite a dip in the economy, Calgary is still a sought-after destination for developers, say industry experts. “There’s a western resiliency and an...

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Development plans revealed for Trinity Hills

New vision for Paskapoo Slopes area A controversial mixed-use project slated for west Calgary has revealed its development plan. Located along the Trans-Canada Highway, Trinity Hills would bring...

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Curtailing commercial

Vacancy rates spike as downturn makes its presence felt Calgary’s commercial sector has not been spared from prevalent weakness in the provincial economy, with prime spaces in the city left empty for...

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Space to spare

Commercial vacancy rates represent market outlook Nearly one out of five floors in the office towers that make up Calgary’s famous skyline now sit empty, according to CBRE, which anticipates vacancy...

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Non-residential construction bucks the trend

Provincial levels in fourth quarter steady; up on annual basis Non-residential construction levels in the province surprised many in the fourth quarter of 2015, remaining relatively flat when compared...

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Developers submit Stadium Shopping Centre proposal

Redevelopment is being envisioned as a 800,840-square-foot mixed-use hub. Marshall Tittemore Architects (MTa) confirmed it has submitted a development permit application for the redevelopment of the...

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Suburban resilience

Commercial market outside the core still active Calgary’s suburban commercial market is bucking the trend and chugging along in the face of Alberta’s current economic downturn, say industry experts....

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Deerfoot City pumped as a boon for neighbours

Homeowners to benefit from redevelopment, says company behind initiative An ambitious multi-year plan to breathe new life into Deerfoot Mall in north Calgary stands to benefit nearby homeowners in a...

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‘A livelier neighbourhood’

Highland Park reimagining could invigorate northwest community  The former Highland Golf Course in northwest Calgary could be host to a new kind of activity in the form of a major redevelopment....

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Rise of the office condo

Ownership model opening new doors for developers, businesses Calgary’s emerging office condo market remains hot this year, according to Barclay Street Real Estate. The commercial real estate brokerage...

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Downtown office vacancy rates expected to climb

Lower-class spaces feeling brunt of energy downturn Vacancy rates in Calgary’s downtown office market have hit historic highs in 2016, and commercial real estate experts are forecasting further...

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