Morning news rundown

"Canmore tackles affordability The Town of Canmore is planning to look at three proposals that would turn the four-acre (1.6 hectare) Moustache Lands site into employee housing and/or purpose-built rentals. Photo courtesy Town of Canmore. "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 "Q & A with CHBA-UDI's Marissa Toohey Marissa Toohey, manager of government relations and committees for the Calgary Region at CHBA - UDI Calgary Region Association, believes there is not a single solution that will solve affordable housing. Photo courtesy Marissa Toohey "Calgary housing market 'overvalued' "New normal The Calgary industrial market continues to see a negative impact from the downturn in oil prices as a large amount of space has become available for sublease over the past year. Photo: Getty Images. "Renters' paradise Gerry Baxter, executive director of the Calgary Residential Rental Association, said the vacancy rate among members of the association is between eight to 10 per cent. Photo by Wil Andruschak, for CREB®Now "Child's play After her marriage broke down in 2013, Kelly Farley faced a number of challenges when looking for a place in Calgary to rent for herself and her two teen daughters. Photo courtesy Kelly Farley. "Morning News Rundown Morning News Rundown "Morning News Rundown Morning News Rundown "New Green Communities Guide highlights benefits of nature-based solutions for municipalities, developers and homeowners The Bridgeland-Riverside Community Association’s rooftop community garden showcases nature-based solutions in action. Courtesy of the Land Stewardship Centre "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 "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 "With little relief on the horizon, Calgary's downtown office market is expected to struggle well into 2021 Getty Images "Community Profile: Varsity CREB®Now Archive "Movers and shakers: Trends in the Calgary commercial real estate market Cody Stuart / CREB®Now "Signs of stabilization offer glimmer of hope for struggling downtown office market Cody Stuart / CREB®Now "Down but not out Getty Images "Under the radar CREB®Now Archive "Making a comeback CREB®Now Archive "Building progress Getty Images "The king's height Airdrie’s main street circa 1904, when the city was little more than a tiny speck along the Calgary-Edmonton railway route. Courtesy Nose Creek Valley Museum "SHIFT conference promises opportunity to "experience the future of Calgary" Cody Stuart / CREB®Now "Beyond the MLS® System Getty Images "Waterfront's Eleven Next to Sien Lok Park and Chinatown, Anthem’s Waterfront development will consist of 11 buildings with more than 1,000 units when completed. Photo rendering courtesy Anthem "Energy is Money Jesse Row sees new energy efficiency programs as a way to save people money while boosting the economy. Photo by Adrian Shellard / For CREB®Now "Urban living, Currie style With 5700 residential units and 245,000 square feet of retail space expected, Currie is being described as a mini downtown. Photo courtesy Canada Lands Company "Thinking inside the box Calgary’s Ladacor Advanced Modular Systems is turning unused shipping containers into affordable housing solutions. "Socialize with trees Jeannette Wheeler is a believer in the power of trees to improve our urban lives. "Go West David Brown, CREB® President 2017. "Suburban financial market faces significant challenges John Savard, principal office leasing specialist with Bedrock Realty Advisors says suburban market especially hard hit in the City’s south end. "Too much of anything "Rethinking Calgary's car culture Walkable neighbourhoods, like Sunnyside, improve a community’s vibrancy and quality of life. "There's something about Chestermere Known for its lake, Chestermere's people are what make it an amazing place to live. Photo courtesy City of Chestermere "Pop-up goes the store Amy McGregor, retail associate with Barclay Street Real Estate, says the pop-up retail trend is becoming more popular in the city. Photo by Adrian Shellard/For CREB®Now "New Normal Walkable spaces with retail located moments from your door, Melcor’s newest development, Greenwich, is expected to be a draw for young urban professionals and those looking to downsize. Photo courtesy Melcor Development "Tearing down trade walls Industry experts believe proposed drywall tariffs will eventually be passed onto homebuyers, adding about $1,000 to $2,000 to the price of a home. "Rinse and repeat Richard Cho, pricipal market analysis for Calgary with CMHC, expects rental vacancy rates to hover around seven per cent in 2017. Photo by Wil Andruschak/for CREB®Now "Positive traction Joe Binfet, managing director/broker of Colliers International in Calgary, said the city's office market is gaining traction following challenging conditions in 2016. Photo by Wil Adruschak/For CREB®Now "Domino effect Town of Cochrane economic development manager Mike Korman believes Cochrane’s population will grow by about three to four per cent, and building starts will maintain 2016 levels. Photo by Wil Andruschak/For CREB®Now