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

 

Stories Tagged - Public Policy

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News

July 14, 2021 | Natalie Noble

CREA report highlights underappreciated benefits of homeownership

It's no surprise that homeownership can create significant financial benefits over time. What's often overlooked is the value of the non-financial advantages – to the individual, their community and society as a whole. In fact, the value of homeownership spans the realms of health, education, and civic and socio-cultural spheres.

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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