This past year has been a challenging one for Calgary's economy and real estate market, but amid all that doom and gloom, some positivity might be warranted.

New vision for Paskapoo Slopes area

A controversial mixed-use project slated for west Calgary has revealed its development plan.

Located along the Trans-Canada Highway, Trinity Hills would bring 700,000 square feet of retail space, 250,000 square feet of office space along with 1,500 residential units to the East Paskapoo Slopes area adjoining Canada Olympic Park.

The plans for site, which had been met with fears of over-development from some local residents, calls for nearly three million square feet in total development which would consume roughly one-third of the existing green space.