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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.


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.

Arena not only giant coming to downtown Edmonton

More than a new, $450 million arena complex could be headed for Edmonton's downtown. That's a key message in a research report prepared for the Downtown Business Association of Edmonton. The report, completed in late summer, chronicles roughly $4.

Grande Prairie studies annexation

City and county officials in northwest Alberta were sounding upbeat in late summer as they worked toward an agreement that will help determine future growth in the Grande Prairie area.

Fort Mac's Oil Sands hotel levelled

A notorious Fort McMurray landmark is being scrubbed to make way for downtown redevelopment in the oilsands city.

Red Deer industrial space tightening

Red Deer industrial tenants and owner-users gobbled up roughly 305,000 square feet of space in that city between July 2011 and July 2012, according to a recent report from a leading central Alberta appraisal firm. Soderquist Appraisals Ltd.

Lacombe lands industrial deal

The City of Lacombe approved the purchase of roughly 34 acres of land in the Wolf Creek Industrial Park. The city will use some of the land for its infrastructure-services building and yard, and resell the rest for development.