The COVID-19 vaccine rollout, a rosier economy and the opening of post-secondary institutions to in-person classes could all improve Calgary's residential rental vacancy rate by as early as this fall.

That's the prediction of industry watchers for a rental market that currently sits at a vacancy high of 6.6 per cent, although steady average monthly rents continue to be made even more attractive for renters by incentive offerings.

In 2019, Calgary experienced a purpose-built-rental "boom" and 2020 is expected to be even hotter.

According to market research firm Urban Analytics, there are approximately 65 new purpose-built rental projects (totalling 19,225 apartment units) currently proceeding through the planning and construction processes.

While it is not uncommon for a developer to stay busy in an area where it has had success, Bucci Developments has truly made itself at home in Bridgeland.

The B.C.-based developer is presently constructing its fifth residential project since 2006 in the historic north-Calgary neighbourhood.

Just like homeowners, renters value a sense of community in the place where they live.

This element has emerged in the design of skyscrapers with purpose-built rental suites in Calgary over the past five years, with companies such as Strategic Group making ways to create connections among neighbours a priority.