ClearView Insider

A new concept plan has been unveiled for The Confluence Historic Site & Parkland, outlining a long-term vision for the 42-acre site at the meeting point of the Bow and Elbow Rivers. The plan proposes a significant expansion of year-round public programming and cultural infrastructure, including: A 2,500-person Pow Wow Arbour as a central gathering space A covered event stage and concert lawn with capacity for major festivals and community events New gardens, interpretive path

Following the loss of its Inglewood taproom to a fire in 2024, Calgary-based Ol’ Beautiful Brewing is moving forward with plans to rebuild, while continuing operations through its production facility and new downtown concept, Sound Room. From a real estate perspective, the story highlights something increasingly important in Calgary’s urban districts: successful hospitality and retail businesses are often tied as much to place as they are to product. Ol’ Beautiful’s original

The April CFIB Business Barometer highlights a sharp escalation in cost-related concerns, with fuel and transportation pressures rising rapidly over a short period. Concern over fuel costs rose to 74%, up from 36% in February. Shipping and receiving costs increased to 45%, up from 26% over the same period. The pace of change underscores how quickly operating conditions are tightening for small businesses. These trends point to renewed margin pressure across multiple sectors,

Armco Capital is moving forward with the acquisition of Stephen Avenue Place and two neighbouring retail assets in downtown Calgary, continuing its expansion in the core. The 40-storey Stephen Avenue Place office tower and two adjacent retail buildings are currently under receivership. Since late 2023, subsidiaries associated with G2S2 Capital have assembled close to 3 million square feet of office space, with this acquisition expected to bring the total to approximately 3.6

Major grocery chains are seeing flat sales growth, while regional and specialty grocers continue to expand. At the same time, brands like T&T Supermarket, already active in Alberta, highlight how culturally focused and specialty formats are gaining traction across Western Canada. Consumers are becoming more price-sensitive and selective Growing demand for ethnic, fresh, and specialty grocery options Independent and regional grocers expanding into neighbourhood-scale retail

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

A proposed $10B data centre development in Olds is moving forward again after resetting its regulatory application.The project remains in early-stage review with the Alberta Utilities Commission. Developer plans to reapply to the AUC following closure of the initial submission Updated application to include additional technical detail and community engagement Proposal includes a data centre campus supported by an on-site natural gas power plant Represents a multi-phase, large

Toys “R” Us Canada is preparing to close additional stores while seeking court approval to pursue a sale of the business. The move reflects ongoing pressure in the large-format retail segment, particularly as consumer spending patterns continue to shift. These developments highlight continued disruption in the big-box retail sector. For commercial real estate, this creates both risk and opportunity, with potential vacancy in large-format spaces, but also repositioning opportu

Canada’s population posted a quarterly decline for the first time in decades, reflecting a slowdown in immigration alongside fewer non-permanent residents entering the country. Recent federal policy adjustments have reduced intake targets, while tighter conditions around study permits and temporary residency are beginning to impact overall population growth. The shift follows several years of rapid expansion that had been supporting labour force growth and housing demand. For