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Alberta

Residents oppose new Calgary malls

While Calgary appears to have a shopping mall for every resident, more retail development on the western fringe of Calgary appears destined to go ahead, despite the fact some Springbank residents are opposed to any expansion of commercial space.

Affordability “not a problem’ in Calgary

Calgary home prices are rising as sales soar, but affordability is not a concern to most residents.

Calgary "top market to watch" in 2013

PricewaterhouseCoopers (PWC) and the U.S.-based Urban Land Institute have named Calgary as the top market for property investment in its annual Emerging Trends in Real Estate (2013) report.

Okotoks (finally) moves to lift growth cap with land grab

The growth cap is off for one of Alberta's fastest-growing towns. Okotoks town council voted earlier this fall to support a continuous growth model for the Foothills community of 25,000, located roughly 15 minutes south of Calgary.

St. Albert demands Canterra ante up

The City of St. Albert city council voted unanimously in September to stop subdivisions in its Kingswood neighbourhood until Canterra Developments Corp. provides a park and school site.

Big-city building numbers jump

With two-thirds of 2012 behind them, building activity was up in Alberta's major cities by about 7.9 per cent in Calgary and a somewhat more impressive 13.7 per cent in Edmonton. Still, Calgary was way ahead in total new construction, hitting $3.

Natives eye casino expansion

The Tsuu T'ina First Nation wants to add significantly more development to its casino site on the edge of southwest Calgary.

Drumheller

Such events will help add to hotel occupancy during the slower winter tourism season, when visitation to key attractions such as the famous dinosaurs and the Royal Tyrrell Museum decline.

Commercial real estate: Canada leaves U.S. in the dust

Canadian cities – with the exception of corruption-ridden, nationalist-leaning Montreal – are leading a revival in commercial real estate in North America while most U.S. cities still need intensive care.

Suburbs lead Edmonton office market

Edmonton's suburban office market, particularly Sherwood Park, are leading absorption levels in the Alberta capital while the downtown area is merely "maintaining", according to a report from Avison Young.