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Category: Residential

Calgary sees flood of new rental apts.: 100 projects in 5 years

Mario Toneguzzi Residential Development Calgary Oct. 28 2021

Calgary has experienced an explosion of interest in the purpose-built rental market with 100 buildings launched over the last five years. Those buildings comprise 12,814 units across seven sub-markets, including Airdrie and Cochrane just outside the urban area. The boom

Downtown Calgary’s commercial real estate conundrum

Mario Toneguzzi Residential Market Trends Calgary Oct. 26 2021

Downtown is central to Calgary’s economic future, but the city is facing a long road to recovery. The office vacancy rate remains in the low 30 per cent range and 13 million square feet of space – including entire towers

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