CALGARY AND THE ROAD AHEAD: UNDERSTANDING THE OPPORTUNITIES WITH THE DOWNTOWN REVITALIZATION PLAN AND THE $45M CONVERSION INCENTIVES
In April 2021, the 10-year $1B Downtown Revitalization Plan was approved by City Council with an initial investment of $200M. The Plan seeks to convert some 12 million sq.ft. of currently vacant office space into residences and create amenities throughout the greater downtown, attracting people and talent to the city’s centre. With over half of the Plan’s funding dedicated to revitalization and conversions, the hope is some of the excess space in the downtown core will be reimagined and turned into other feasible uses. As technology companies such as Benevity and Infosys are calling Calgary home and renewed space becomes available for the needs of more tech companies, the city is poised for growth and is preparing itself for a bright future.
Join us on October 20 & 21 for the 23rd annual Calgary Real Estate Forum, being held virtually. The Forum has evolved since its inception in 1998 to become the largest annual conference on investment, development, leasing and financing in Calgary.
How will the Calgary market perform over the next twelve months? What are prospective opportunities and future challenges as the pandemic hopefully subsides?
This will be an information-packed Forum focusing on the interests of asset managers, brokers, developers, investors, and other professionals active in the acquisition, development , leasing, financing and management of office, industrial, retail, and multi-residential real estate. The information will help you determine what strategies to follow for 2022 and beyond.
We hope you will take advantage of this once a year event and look forward to welcoming you over the two days.