Skip to content

Alberta

Fort Mac industrial hits $50 per square foot

The cost of industrial space in the Fort McMurray area keeps climbing, and now sits at close to $50 per square foot annually in some projects, according to Colliers International.

Brains and brawn

Red Deer is also a hub for the oil and gas sector in this province, and that industry is again on the upswing, judging by high demand for everything from new serviced land to existing shop space. "There's a lot of optimism.

McDonald's and other franchises still reluctantly allowed in Banff

They may not have the same raw beauty as grizzlies or bighorn sheep, but brand-name national franchises now have some protection in Banff, the Alberta tourist centre where about one-quarter of main-strip stores are chains or "formula-based businesses

Wildlife fence debate heats Three Sisters reboot plans

The proposal to restart development on the massive Three Sisters resort community project in the mountain town of Canmore includes a plan to fence out wildlife and create a "hard edge" to corridors designed to move animals past development areas.

Home prices up in Calgary

Whether it's in the inner city or the 'burbs, that Calgary home was generally priced higher in February. Calgary Real Estate Board data says the average single-family home selling price in the city hit $518,452 in February, up 10.

Nenshi and builders agree

Calgary Mayor Naheed Nenshi and the head of the city's biggest home-builders organization are moving forward after a public spat in early 2013.

Grande Prairie cuts red tape

The northwest Alberta resource city wants developers to know it's made great progress in streamlining development approvals.

Border city booming

The heavy-oil service centre of Lloydminster is looking to another busy year in development after a record building-permits year in 2012. Straddling the Alberta-Saskatchewan boundary, Lloydminster enjoyed $188.

Real estate sales? Toronto dwarfs Vancouver, Calgary

Commercial real estate pros in Vancouver and Calgary like to boast that their markets are on a giant roll, but, when compared to Canada's biggest city, both cities look like dwarfs. RealNet (www.realnet.

Four "boom town" contenders for investors

Fort McMurray is the quintessential Alberta boomtown where houses now sell for more than in Edmonton and Calgary and rents for a two-bedroom apartment can top $2,000 a month.