REALTORS® serving Calgary and area

 

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Calgary's trusted source of real estate news, advice and statistics since 1983.

 

Stories Tagged - Conversion

Courtesy of HomeSpace
News

June 24, 2021 | Natalie Noble

Sierra Place office-to-affordable-housing conversion aims to set high standard for downtown revitalization projects

The conversion of Sierra Place, the downtown office tower that formerly housed Dome Petroleum, into 82 affordable housing units is set to increase vibrancy in Calgary's core.

Cube, Strategic Group's office-to-residential conversion project in the Beltline, is one example of adaptive reuse in action.
Courtesy of Strategic Group
News

Feb. 22, 2021 | Natalie Noble

What's old is new again: adaptive reuse one solution to Calgary's downtown office vacancies

Ongoing economic challenges, shrinking population growth and a pandemic that won't go away add up to a downtown Calgary office market facing critical vacancy rates.

One solution is adaptive reuse: the conversion of vacant office space into residential projects. The University of Calgary's School of Public Policy recently published a research paper exploring the challenges and opportunities surrounding adaptive reuse and how it could make a major difference in the city's downtown core.


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