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3 more downtown Calgary conversion projects help soak up vacant office space - Calgary

Summary by Ground News
A new office-to-residential project in the Dominion Centre will convert around 100,000 square feet into 132 homes across 10 floors. A hotel conversion at 833 Fourth Avenue Southwest is slated to become an Element by Westin hotel. The three projects have seen a municipal investment of almost $50 million and a private sector investment of $194 million.

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Global NewsGlobal News
Lean Left

3 more downtown Calgary conversion projects help soak up vacant office space - Calgary

Thom Mahler, the city’s director of the downtown strategy, said despite the infusion of municipal funds, the companies involved are taking on a “huge risk” in the projects.

·Toronto, Canada
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Calgary HeraldCalgary Herald
Lean Right

New downtown office conversion announced as different project shifts to hotel retrofit

Meanwhile, another southwest Calgary conversion is shifting gears from residential to hotel.

·Calgary, Canada
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Bias Distribution

  • 50% of the sources lean Left, 50% of the sources lean Right
50% Right
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Calgary Herald broke the news in Calgary, Canada on Thursday, November 9, 2023.
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Calgary, Alberta

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