Downtown Revitalization Makes Progress, but Safety Still a Concern
- ClearView Insider
- May 19
- 1 min read
Updated: Jul 25
Calgary’s downtown revitalization strategy continues to gain momentum, with 11 office-to-residential conversion projects now underway, expected to deliver 1,500 new homes for over 2,400 people, including 300 subsidized units. Since 2021, the city has invested $250 million into making the urban core a more inclusive, vibrant, and livable neighbourhood. International recognition from the Wall Street Journal and New York Times suggests the transformation is being noticed well beyond Alberta.
However, public safety remains a critical challenge. The Calgary Downtown Association has pointed to ongoing issues with homelessness, drug use, and vandalism as barriers to re-engaging visitors and local businesses. While police presence has increased, city leaders and community groups agree that long-term success will require continued investment in safety, services, and placemaking.
Reference: CBC News, “Downtown Calgary progress report cause for optimism, but crime still an impediment,” April 23, 2025. https://www.cbc.ca/news/canada/calgary/downtown-progress-report-crime-1.7515739
Connect with ClearView: Interested in how downtown revitalization efforts may affect investment, leasing, or redevelopment opportunities? Contact us at info@cvpartners.ca — we’re here to help you navigate Calgary’s evolving commercial real estate landscape.