It appears the $52 million question has yet to be answered.

With infrastructure damage from Calgary's recent floods projected to be two or three times the initial estimate of $256 million, the debate on what to do with the city's $52 million tax surplus continues.

The backers of East Village won't let recent flooding get in the way of their goal of making it one of the city's most sought-after neighbourhoods.

According to flood maps released by the Province of Alberta, East Village is in a pink zone or flood fringe, despite flood mitigation measures undertaken by the community.

The East village just announced the revitalization of the Simmons Building to include retailers Phil and Sebastian Coffee Roasters, Sidewalk Citizen Bakery, CHARCUT by chefs Connie DeSousa and John Jackson.

As a part of the East Village, CMLC (Calgary Municipal Land Corporation) has included the previously mentioned retailers to compliment the over $1.1 billion of planned investment to the neighbourhood.