Alberta

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.