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News
March 13, 2015 | CREBNow
PTQ: Guy Huntingford
As CEO of the Urban Development Institute in Calgary, Guy Huntingford knows a lot about what makes a city, and thereby that city's development, tick. Huntingford took some time to chat with CREBNow about everything from urban sprawl to low density development to migration numbers in the city.
News
March 13, 2015 | CREBNow
In Quotes: Attainable Homes Varsity
Ground was broken today on a new 26-unit Attainable Homes development.
Working with Lexington Development Management and Nyhoff Architecture, the building, on the corner of Shaganappi Trail and Varsity Drive will provide a combination of attainable homes and market-priced units.
Attainable Homes Calgary Corp. (AHCC) is a non-profit, social enterprise - wholly owned by the City of Calgary - delivering entry-level homes for Calgarians caught in the city's affordability gap.
Here's some of what was said at the groundbreaking:
Working with Lexington Development Management and Nyhoff Architecture, the building, on the corner of Shaganappi Trail and Varsity Drive will provide a combination of attainable homes and market-priced units.
Attainable Homes Calgary Corp. (AHCC) is a non-profit, social enterprise - wholly owned by the City of Calgary - delivering entry-level homes for Calgarians caught in the city's affordability gap.
Here's some of what was said at the groundbreaking:
News
March 11, 2015 | CREBNow
East Village car-less condo headed to CPC
Having received the thumb's up from city planners, an East Village condo to be constructed sans parking stalls is headed to the Calgary Planning Commission tomorrow.
The Calgary Municipal Land Corporation announced in June, the sale of two parcels of land adjacent to the old St. Louis Hotel.
Dubbed N3 to reflect New Attitude, New Living and New Vision the development will have parking for bicycles and "microcars" only. The space will also include social open spaces for entertaining and WiFi throughout. With a marketing platform of "No car, No parking, No problem", each N3 buyer will receive a $500 credit for Car2Go and an urban bicycle.
The Calgary Municipal Land Corporation announced in June, the sale of two parcels of land adjacent to the old St. Louis Hotel.
Dubbed N3 to reflect New Attitude, New Living and New Vision the development will have parking for bicycles and "microcars" only. The space will also include social open spaces for entertaining and WiFi throughout. With a marketing platform of "No car, No parking, No problem", each N3 buyer will receive a $500 credit for Car2Go and an urban bicycle.
News
March 11, 2015 | CREBNow
Redwood Meadows realized
Coming home to Mother Nature's playground
With its close proximity to Calgary and stunning Rocky Mountain vistas, Redwood Meadows encompasses mountain living.
The area earned its name after a 1940 brush fire that destroyed most of the area. Elders of the T'suu Tina Nation noticed regrowth of trees in that area had a reddish colour to them and dubbed the area "Redwood Yard."
With its close proximity to Calgary and stunning Rocky Mountain vistas, Redwood Meadows encompasses mountain living.
The area earned its name after a 1940 brush fire that destroyed most of the area. Elders of the T'suu Tina Nation noticed regrowth of trees in that area had a reddish colour to them and dubbed the area "Redwood Yard."
News
March 11, 2015 | CREBNow
Coming home to Cochrane
New pathway system further connecting Calgary to its western neighbour
Cochrane's close proximity to Calgary is about to feel a whole lot closer with construction expected to get underway on the first leg of the Calgary to Cochrane Trail this summer.
Phase one of the $7.5-million project will be a 2.2-kilometre stretch entitled Bearspaw Trail, which will join Haskayne Park in northwest Calgary to Glenbow Ranch Provincial Park.
Phase two will include the development of Bowbend Loop and Railway Crossing, which has an expected completion date of 2018, followed by phase three, Bridge to Cochrane, which is expected to be completed by 2020.
Cochrane's close proximity to Calgary is about to feel a whole lot closer with construction expected to get underway on the first leg of the Calgary to Cochrane Trail this summer.
Phase one of the $7.5-million project will be a 2.2-kilometre stretch entitled Bearspaw Trail, which will join Haskayne Park in northwest Calgary to Glenbow Ranch Provincial Park.
Phase two will include the development of Bowbend Loop and Railway Crossing, which has an expected completion date of 2018, followed by phase three, Bridge to Cochrane, which is expected to be completed by 2020.
News
March 11, 2015 | CREBNow
Despite sensationalism, Calgary still a great investment
Five reasons to buy rentals in Calgary
Despite media headlines and continued sensationalism from economists both domestic and foreign, Calgary continues to be one of the best places for real estate investment in Canada.
Here are five reasons why:
Vacancy rates remain low: According to the fall 2014 edition of the CMHC Housing Market Outlook for Calgary, vacancy rates remain low at 1.4 per cent and are not expected to exceed 1.8 per cent in either 2015 or 2016. Vacancy rates are deemed favourable for real estate investment when they are below five per cent.
Despite media headlines and continued sensationalism from economists both domestic and foreign, Calgary continues to be one of the best places for real estate investment in Canada.Here are five reasons why:
Vacancy rates remain low: According to the fall 2014 edition of the CMHC Housing Market Outlook for Calgary, vacancy rates remain low at 1.4 per cent and are not expected to exceed 1.8 per cent in either 2015 or 2016. Vacancy rates are deemed favourable for real estate investment when they are below five per cent.
News
March 11, 2015 | CREBNow
Digital by design
Technology influencing all factions of real estate
In today's digital world, buying a home can become a strictly online affair – making proper marketing an all-important factor in distinguishing a home for sale from one that's sold.
In a survey by the National Association of Realtors (NAR), searching online is the first step an estimated 90 per cent of potential buyers' take to owning a new home.
In addition, the NAR Home Buyer and Seller Generational Trends report found more than half of Generation X (born between the early 1960s through the early 1980s) and the following Generation Y (born in the early 1980s to early 2000s) used a mobile device during their home search.
In today's digital world, buying a home can become a strictly online affair – making proper marketing an all-important factor in distinguishing a home for sale from one that's sold.
In a survey by the National Association of Realtors (NAR), searching online is the first step an estimated 90 per cent of potential buyers' take to owning a new home.
In addition, the NAR Home Buyer and Seller Generational Trends report found more than half of Generation X (born between the early 1960s through the early 1980s) and the following Generation Y (born in the early 1980s to early 2000s) used a mobile device during their home search.
News
March 11, 2015 | CREBNow
From the ground up
Levy renewal raises questions about community development
Calgary is familiar with new developments – so much so that the construction crane synonymous with the downtown skyline and beyond has affectionately been referred to as the city's official bird.
Yet, following a closed-door meeting earlier this year where city council agreed to freeze developers' special requests for more suburban land until a new levy agreement can be negotiated later this year, many are questioning how a new project goes from an idea to reality, and who is ultimately paying for it.
The City and suburban developers are currently in the final year of a five-year levy agreement. In 2010, the city increased its development levy to about $315,000 per hectare, doubling the number from the previous agreement.
Calgary is familiar with new developments – so much so that the construction crane synonymous with the downtown skyline and beyond has affectionately been referred to as the city's official bird.
Yet, following a closed-door meeting earlier this year where city council agreed to freeze developers' special requests for more suburban land until a new levy agreement can be negotiated later this year, many are questioning how a new project goes from an idea to reality, and who is ultimately paying for it.
The City and suburban developers are currently in the final year of a five-year levy agreement. In 2010, the city increased its development levy to about $315,000 per hectare, doubling the number from the previous agreement.









