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5 more downtown office towers will be converted to residential housing

The City of Calgary has reached agreements with the owners of five downtown buildings to offer them incentives if they convert those buildings to residential housing.

Maxim olshevskyJyoti gondekThom mahlerCidex group of companiesPeoplefirst development companyPacific reach propertiesPeoplefirst developmentClaire placeCidex groupPacific reachInstitutional mortgagePeoplefirst developmentsStephen avenue

City to convert five office buildings to residential

Five new projects have been selected by the City of Calgary to be part of its program to convert empty office buildings into residential space.

Jyoti gondekSheryl mcmullenDowntown calgary development incentive programCidex group of companiesPeople first development companyPacific reach propertiesEau claireEighth avenueCressey developmentsFina buildingCidex groupInstitutional mortgage capitalStephen avenueWest eau claire promenadeEau claire parkDowntown west

Three downtown Calgary office buildings converting to residential

The projects will remove 414,000 square feet of downtown office space and replace it with 401 residential units.

Jyoti gondekSarah itaniThom mahlerAzin ghaffari postmediaMaxim olshevskyRob blackwellDowntown calgary development incentive programCidex group of companiesAspen propertiesMayor jyoti gondekParts commonDowntown calgary development incentivePalliser oneArts commonsPeoplefirst developmentsCidex group

Empty Calgary office towers flipped to residential with $31M taxpayer subsidy

How much will $31 million in taxpayer subsidies get you in office-to-residential conversions in a downtown core with huge vacancy rates?

Sarah itaniJyoti gondekCidex group of companiesPalliser oneMayor jyoti gondekParts commonCidex group

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