Named after the French novelist and playwright Honore de Balzac, the tiny hamlet of Balzac, located just north of Calgary, is so small that its population doesn't even crack double digits. However, it packs a wallop when it comes to commercial development.

New HQ or not, e-commerce giant's impact is already being felt

Let's call it the "Amazon effect": the cascading economic stimulation that comes from one of the world's largest corporations taking up residence in your market.

It is an effect already being felt in the Calgary region after the announcement that the e-commerce giant will be opening a 600,000-square-foot distribution centre in Balzac – employing 750 full-time workers, and an additional 450 part-time or seasonally, by the end of 2018.

Selection, convenience and one-of-a-kind design continue to draw crowds to CrossIron Mills 

Bigger isn't always better. However, CrossIron Mills is a classic example of the perfect combination of quantity and quality. The ambitious retail development has enjoyed smooth sailing, even through periods of economic downturn, and become the go-to shopping centre for area residents and visitors alike.

Located in Rocky View County, just north of Calgary on Highway 2, CrossIron Mills occupies 1.4 million square feet across 674 acres of land. It offers 200 specialty stores and premium-brand outlets, as well as 17 large-format anchor stores.

While mall patrons sing its praises, some feared the timing of its launch in 2009 might start things off on the wrong foot.