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Alberta

Red Deer industrial tightens

The Red Deer industrial real estate inventory grew by about 3.1 per cent last year to more than 12.5 million square feet, but that growth didn't increase the vacancy rate.

American retailers “shocked” at Calgary’s fast pace

Last month, Jeff McGinley, principal of Avison Young, took time from touring representatives of three major U.S. retail clients through Calgary’s “aggressive” retail scene to remark on their jaw-dropping response. Most U.S.

Calgary land sales running at $150M per month

Seen as a harbinger of future development, land sales have become the dominant driver in Calgary’s commercial real estate sector, with sales topping a whopping average of $150 million per month this year.

Developers ready to spend in Banff

National park community sees investment as brakes eased on hotel, retail regulations BY DAVE HUSDAL Banff developers are poised to consume some precious commercial development allotments for projects that have been proposed for years.

Leduc grows, neighbours quarrel

The City of Leduc is growing by leaps and bounds these days. The latest census data from the Edmonton-area suburb show Leduc grew by 6.9 per cent from 2012 to 2013, hitting a population of 27,241. The one-year 6.

Edson & Hinton

While growth in the overall area hasn't exactly been stellar in the past few years, the local economies have benefitted from a recent upswing in the resource sector and that growth is reflected in the numbers.

Three Sisters lands sold under sealed court order

After more than four years tied up in receivership, lands connected with Three Sisters Mountain Village (TSMV) in Canmore have been sold to its former owners.

PwC will sell Canmore lands

The firm in control of almost 1,500 acres of Canmore development land has decided to abandon its plans to obtain a new area structure plan for the massive Three Sisters development.

Work starts on new bridge

Edmontonians living south of the North Saskatchewan River and working downtown will have a new bridge to drive across in early 2016, if all goes well.

Airdrie building pushes $200M

City of Airdrie figures show the community was close to $200 million in building permits for the first half of 2013. New-permit values hit $198.7 million, up over 23 per cent from 2012 and almost double the same period in 2011.