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Opinion: Will Calgary's new arena be a catalyst for downtown recovery?

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Calgaryâs city centre is on life support and now that the arena project is on hold one has to wonder what implications that has on the future of our downtown. There has been much controversy over the arena and the value it will add or not add to the revitalization of the city centre. Should the city be spending taxpayer dollars to support a new arena for billionaire owners, elite hockey players and a few music fans?
I know building new downtown sports facilities (arenas, stadiums, baseball parks) have been successful in downtown neighbourhood revitalization in several U.S. cities, but in Canada it isnât a guarantee. In Hamilton, the downtown arena was part of a major plan to revitalize its downtown that included a new library, farmerâs market, convention centre, public art gallery, major indoor shopping centre, office and hotel complex. It failed. Winnipegâs new downtown arena right on Portage Avenue has spurred some development nearby, ....

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Calgary to receive 176 affordable housing units with federal Rapid Housing Initiative

Calgary to receive 176 affordable housing units with federal Rapid Housing Initiative
© Global News
Calgary Mayor Naheed Nenshi discusses the recently-passed city budget on Nov. 26, 2020.
Calgary’s affordable housing will be getting a $24.6-million shot in the arm as part of the federal Rapid Housing Initiative (RHI).
“This is a great first step,” Mayor Naheed Nenshi said Tuesday.
“It s specifically aimed at being opportunistic right now in being able to make things happen quickly, as a result of the pandemic.”
The Canada Mortgage and Housing Corporation (CMHC) announced the initiative on Sep. 21, which is designed to deliver $1 billion in capital funding to create 3,000 new units to address urgent housing for vulnerable populations across the country. ....

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