Alberta

Our monthly data showing leading trends affecting western real estate markets To some, the 58-storey Bjarke Ingels Group-designed tower Telus announced last month for Centre Street and 7th Avenue SW in Calgary may be one more sign that the West has a

Late spring brought a bloom for the future of downtown Edmonton, when the city finally confirmed all necessary funding for a new downtown arena project.

Calgary developers are facing a new legislative requirement as of June 19.

Brookfield Office Properties says it will soon begin construction of Calgary’s tallest office tower, a 56-storey high-rise that will anchor a block-big, 2.8 million-square-foot downtown development.

Growth potential in suburban Sherwood Park, just east of Edmonton in Strathcona County, got a boost in May when work started on a new $23 million transit terminal on Bethel Drive.

Calgary, Edmonton and Fort McMurray are experiencing a surge in industrial real estate demand, with land prices hit eye-popping levels.

While growth in the Edmonton region is evident in some of the latest numbers from the suburbs, the demand for industrial space remains steady. According to Colliers International, the Edmonton region's current industrial vacancy rate remains at 3.

International tax expert Roy Berg of Calgary says Canadians who own U.S. real estate should consider that tax traps could be coming as the U.S. Congress looks at allowing Canadians to stay south of the border for a longer period of time.

A joint venture involving Telus, Allied Properties Real Estate Investment Trust and Westbank will push another Calgary landmark tower into the sky in the city’s downtown core.

Despite City Hall efforts to increase densities in many of its existing core neighbourhoods, Calgary will continue to have growth largely focused in its suburbs, says a new report from the City of Calgary.