Recent data indicates a structural shift in Calgary’s residential market, with sales activity moderating and inventory levels increasing. Activity levels remain in line with historic norms, though the pace of transactions has slowed compared to prior periods. Increased listing activity is contributing to improved product availability across multiple housing segments, with condo inventory leading the increase in supply.   Home sales declined year-over-year New home completions

Ranchman’s Cookhouse & Dancehall will be relocating from its long-standing Macleod Trail S. location, opening the door for a new phase of redevelopment on the property. The transition reflects broader change along this established south Calgary corridor, where older entertainment and retail sites are being reconsidered for more intensive, mixed-use formats. Early concepts for the property indicate a residential-led project designed with active ground-floor commercial space an

A proposed hyperscale data centre complex in Olds, Alta., has encountered a regulatory setback after the Alberta Utilities Commission rejected an application to construct the dedicated power plant intended to supply the facility. The proposed Synapse development is envisioned as a $10-billion, 1-gigawatt data centre campus, potentially the largest in Canada. The project would include approximately two million square feet of computing infrastructure, supporting artificial inte

Calgary City Council will hold a public hearing beginning March 23 to consider a proposed amendment to Land Use Bylaw 1P2007 that would repeal the citywide residential rezoning introduced in 2024 and restore previous low-density residential districts. The hearing, scheduled to begin at 9:30 a.m. in Council Chamber at the Municipal Building, is expected to run multiple days due to significant public participation. Written submissions must be filed by March 16 at noon through t

Oxford Properties has listed a prominent multi-building office complex in downtown Toronto for sale, marking one of the more significant office dispositions currently in the Canadian market. The offering reflects continued repositioning within institutional office portfolios as owners evaluate capital allocation, asset performance and long-term leasing fundamentals in core urban markets. Large-scale listings in major Canadian cities underscore the broader recalibration occurr

After more than 25 years telling Calgary’s business stories, David Parker is stepping into retirement — and our industry owes him a sincere thank you.   David was more than a columnist. He was a connector within Calgary’s development and commercial real estate community. He showed up to announcements, openings, groundbreakings and industry events not simply to report, but to understand the people behind the projects. He built genuine relationships with developers, brokers, in

More than a century after debuting the Fairmont Palliser, Fairmont Hotels & Resorts has announced a second Calgary hotel—this time near Stampede Park. Dubbed Fairmont Calgary, the new mixed-use tower will feature 225 hotel rooms, a spa, meeting spaces, and 100 residences. The project is a direct response to the transformation of Calgary’s Culture + Entertainment District and is being developed in partnership with Truman. While site details have not been confirmed, the propert

Calgary’s July 13 hailstorm caused an estimated $92 million in insured damages, with vehicles accounting for 65% of all claims, according...