Morning News Rundown

"What's old is new again: adaptive reuse one solution to Calgary's downtown office vacancies Cube, Strategic Group's office-to-residential conversion project in the Beltline, is one example of adaptive reuse in action. Courtesy of Strategic Group "Morning News Rundown Morning News Rundown "Morning News Rundown Morning News Rundown "Morning News Rundown Morning News Rundown "Morning News Rundown Morning News Rundown "Morning News Rundown Morning News Rundown "New Tower Coming to Town "Calgary rental market struggles with high vacancy, but improvement is on the horizon Getty Images "Calgary's new downtown plan seeks to benefit current residents, and attract new ones Cody Stuart / CREB®Now "With little relief on the horizon, Calgary's downtown office market is expected to struggle well into 2021 Getty Images "A Calgary real estate Christmas list Getty Images "COVID-19 is boosting home sales in Calgary suburbs, surrounding areas – will that momentum last? Cochrane's Men of Vision statue looks out over the town, where COVID-19 has fuelled an increase in home sales this year. Courtesy of the Town of Cochrane "Road revitalization: Preparing Stephen Avenue for the future of downtown Calgary Courtesy Calgary Downtown Association "The centre of it all: What does inner city really mean? Getty Images "The road ahead: Industry experts predict what 2020 might hold for Calgary real estate Getty Images "Turning the corner: Calgary real estate industry offers reasons for optimism in 2020 Courtesy West Campus Development Trust "Costco announced as anchor tenant of Tsuut'ina Nation's Shops at Buffalo Run Courtesy Canderel MDC Development Management Inc. "Community Profile: Varsity CREB®Now Archive "Movers and shakers: Trends in the Calgary commercial real estate market Cody Stuart / CREB®Now "Old faithful: Elbow Drive offers more than just pretty scenery The Windsor by Arlington Group is a new addition to the Elbow Drive streetscape. Courtesy Arlington Group "Highly anticipated Telus Sky serves as symbol of hope for battered downtown office market Courtesy Westbank "Signs of stabilization offer glimmer of hope for struggling downtown office market Cody Stuart / CREB®Now "The reality of real estate investment trusts (REITs) Getty Images "Poised for growth Jon Mook, executive vice-president of industrial division for Barclay Street Real Estate, said absorption in Calgary's industrial sector ended the year in a positive position, and vacancy has turned the corner. Photo by Wil Andruschak/For CREB®Now "Core issues CBRE managing director Greg Kwong said Calgary's commercial market is likely to see vacancy rates peak in 2017. Photo by Wil Andruschak/for CREB®Now "Healthy homes, healthier people "November sales slide into old patterns Year-to-date detached sales have declined by three per cent compared to last year, said CREB®. CREB®Now file photo "55 Years of Calgary Real Estate: 1991 CREB® President Nick Medwid Nick Medwid, who has been retired for more than a decade, recalled his time as CREB® president in 1991 was busy as many large Canadian companies moved their eastern-based headquarter out west that year. Photo by Michelle Hofer/For CREB®Now "Cultivating new roots The 113-hectare D’Arcy development by United Communities in Okotoks will be bounded on the north by the town boundary, on the south by Sandstone Gate, on the east by Northridge Drive, and on the west by the D’Arcy Ranch golf course. Photo courtesy United Communities. "Let's make a deal Outside of some developments in the Beltiline, cash-for-density fund established by the City is being underutilized by developers. Illustration courtesy of Qualex-Landmark. "Calgary housing market 'overvalued' "Stress test "55 Years of Calgary Real Estate: 2015 CREB® President Corinne Lyall Corinne Lyall said changing market conditions benefited the buyer when she was CREB® president in 2015. Photo by Michelle Hofer/For CREB®Now "55 Years of Calgary Real Estate: 1998 CREB® president Alan Tennant Former CREB® president Alan Tennant recalls Calgary's real estate industry in 1998 was marked by continued adoption of new technologies and increased mobility among real estate professionals. Photo by Michelle Hofer/For CREB®Now "55 years of Calgary Real Estate: 1995 CREB® President Wayne McAlister At a time when employment uncertainty had waned for years, 1995 CREB® president Wayne McAlister recalled there being hope on the horizon that year in the form of jobs. Photo by Michelle Hofer/For CREB®Now "National homes sales post third consecutive decline "Downtown office vacancy rates expected to climb CREB®Now Archive "55 years of real estate: 1990 CREB® president John Fraser Former CREB® president John Fraser, who calls Okotoks home, recalled the Calgary region's real estate market as one marked by a renewed sense of optimism following a decade of obstacles. Photo by Michelle Hofer/For CREB®Now "City opens new downtown green space The new Rooftop Plaza in downtown Calgary is accessible from the Plus-15 bridge from the Telus office building to the Delta Calgary Downtown. Photo courtesy City of Calgary "55 Years of Real Estate: 1989 CREB® Past President Greg Houston Greg Houston said Calgary was still basking in its post-Olympic glow in 1989, which provided a bump for the local housing industry. Photo by Michelle Hofer/For CREB®Now