Calgary’s Downtown Transformation Strategy Boosts Housing, Business, and Vibrancy
Calgary is undergoing a significant downtown transformation aimed at revitalizing the core while addressing major challenges stemming from the 2014 oil crash. Thom Mahler, Director of Downtown Strategy for the City of Calgary, explained how a sharp rise in office vacancies and a $16 billion drop in downtown property values forced the city to rethink its economic strategy. The resulting tax burden …Read more
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