New vision for Paskapoo Slopes area

A controversial mixed-use project slated for west Calgary has revealed its development plan.

Located along the Trans-Canada Highway, Trinity Hills would bring 700,000 square feet of retail space, 250,000 square feet of office space along with 1,500 residential units to the East Paskapoo Slopes area adjoining Canada Olympic Park.

The plans for site, which had been met with fears of over-development from some local residents, calls for nearly three million square feet in total development which would consume roughly one-third of the existing green space.

Will mega-project CalgaryNEXT be the anchor institution that breathes new life into the local landscape?

Urban planning enthusiasts call them anchor institutions – those landmark buildings in which cities are built around.

In Calgary, they dot our landscape: from the University of Calgary and Foothills Medical Centre in the northwest to Stampede Park and the Calgary Tower in the southwest — even the up-and-coming Seton mixed-use district in the southeast.

Calgary would be a very different — even lesser — place without them, says Colin Jackson, member of the senate at the University of Calgary and also chair of several arts and culture initiatives.

"A good way to think of them as anchor institutions is that they set the tone or give a feel to a neighbourhood," said Jackson, who has spoken on the subject in the past.

Could the CalgaryNEXT mega-project be next?

Experts warn Alberta a hot spot for land-title fraud

Calgary homeowners are being warned to protect themselves from land title fraudsters who are targeting active real estate markets across the country.

"Ontario, B.C. and Alberta are the hot spots for fraud in Canada," said Marie Taylor, director and national underwriter for title insurance company First Canadian Title.

Land title fraud, also known as fraud for title, happens when a person's identity is stolen and used to create fake documents and identification – which are, in turn, used to take out a mortgage loan on the victim's home.

When the bank approves the mortgage application, the fraudster will take the money and run, leaving the victim with another large debt on his or her home.

If approved, scheduled for 2018 completion

The City of Calgary has confirmed it has received a building permit application for the proposed 330,000-square-foot recreation centre in the southeast community of Seton.

To be located at 19340 45th St. S.E., the new centre will house a future high school, regional park and the S.E. LRT.

Proposed amenities for the centre include a 50-metre, 10-lane competition pool, water park, leisure pool, hot tubs and steam room, two multi-purpose ice rinks, three gymnasiums with multi-purpose flooring, a running/walking track, fitness centre and 25,000-square-foot library.

Pace of construction still below 2014 levels: CMHC

A slight jump in single-detached and multi-family construction in Calgary last month fueled a month-over-month increase in housing starts, according to Canada Mortgage and Housing Corp. (CMHC).

Housing starts in the city were trending at 13,780 units in October compared to 13,050 in September. The trend is a six month moving average of the monthly seasonally adjusted annual rates (SAAR) of total housing starts.

"Housing starts trended higher in October as both single-detached and multi-family construction rose from the previous month," said Richard Cho, CMHC's principal of market analysis for Calgary. "Despite the increase from a month earlier, the pace of construction through most of this year has been below 2014 levels due to a rise in supply and a slowdown in migration and employment growth."

Creating a memorable home for buyers

Allow me to introduce myself. I am a designer of buildings and space. But I'm also a designer of many other things.

I call myself an accomplished creator of architectural and interior designs. I have worked with custom homebuilders and unconventional new builds such as bale houses. In fact, I happen to live in a house made of straw.

I've also had a chance to work with restaurants, churches and commercial buildings, including a No. 1 tourist destination spa in Saskatchewan. I like to call my personal signature "casual elegance."

It has been almost two decades since I first started my design career. I have since had my designs published in magazines across the city. Now, I'm excited to have the opportunity to share my design ideas and creativity with CREB®Now readers.

Affordable housing advocates bullish on possible changes

By the end of this year, at least 200 middle-income Calgarians will have bought what may have seemed financially impossible in the city's now waning hot economy: their own home.

Another two dozen families will, in 2015, aided by many hours of sweat equity instead of a down payment, have entered home ownership.

Yet these Calgarians, who became homebuyers this year through Attainable Homes Calgary Corporation (AHCC) and Habitat for Humanity, might not be the only ones stepping into a more affordable housing market in the near future.

By December, significant changes are expected to the City of Calgary's administrative policies to make growth in the overall housing market both more efficient and less costly.

Calgary's satellites rank as best places to do business

For the fourth consecutive year, Calgary's satellite communities have been ranked as the top places to do business in Canada.

In its eighth annual Canada's Entrepreneurial Cities report, the Canadian Federation of Independent Business (CFIB) ranked areas around the grouping of municipalities that surround Calgary – including Airdrie, Chestermere and Cochrane – as the best at fostering "entrepreneurial spirit."

Calgary periphery scored 73 out of a possible 100 in the major cities category (population over 150,000), followed by Kelowna (71.4), Edmonton periphery (69.5), Saskatoon (67.7) and Toronto periphery (67.3).

Three garden tasks you don't have to do this fall

Mowing down your perennials the way you mow your lawn is not the best way to spend your time this fall. If you have your shears in hand, gently place them on the shelf in the shed and take a minute to read this fast-breaking gardening news.

1. There is no need to cut back most perennials in the fall:

Gardeners often cut plants back to within an inch of their life while plants are still green, still blooming or still providing interest. If you cut back green plants, you remove stored energy and weaken plants.

CREB® report singles out changing conditions in apartment sector

Buyer's conditions in the apartment sector are contributing to a continued shift in Calgary's resale residential housing market, which experienced a second consecutive month of price declines in October, according to CREB®.

The local housing agency noted that while overall, new listings in the city did not decline enough to prevent inventory gains and, ultimately, price contractions, the biggest shift continued to occur in the apartment sector.

CREB® chief economist Ann-Marie Lurie noted months of supply in that sector have gone from a low of three months in June to nearly six months in October.