It is a word used extensively this year, as Calgary's economy and housing industry tiptoed to recovery.

And that word — modest — is one you will continue to hear in 2018 in relation to expected gains by each branch of the residential home market.

When it came time to purchase his first home, finding a neighbourhood with a pulse was at the top of the list for 31-year-old entrepreneur Tyrell Dasilva. Dasilva, who owns several businesses, leads a busy life and wanted to find a home in a walkable community with access to great music venues and quaint mom-and-pop stores. He found it at i.D. Inglewood, a 19-unit, four-storey condominium project located on Ninth Avenue S.E.

As big-box theatres stretch their reach into new communities, independent cinema is being kept alive in the heart of the city by two theatres that continue to draw a crowd, decades after they first opened.

The Plaza Theatre in Kensington and the Globe Cinema downtown have stood the test of time, as Calgary has shifted, expanded and sprouted skyward around them.

The Plaza began life as a garage in the 1920s, debuting as a theatre in 1935. It has held its ground over the years, as the area went from a little working-class community to a run-down relic in the '70s, and finally became a revitalized, gentrified gem in the present.

"There are a lot of things about the Plaza that make it special," said Logan Cameron, operations manager for the theatre.

Two southeast communities conceptualized in the late '80s and early '90s are still turning heads 20 years later. McKenzie Lake and McKenzie Towne share a lineage and a location: they are both named after one of the first homesteaders in the area, James McKenzie, and they sit side by side on the east and west boundaries of Deerfoot Trail. But that is where the similarities end.

On the northern edge of Okotoks, beside the pristine D'Arcy Ranch Golf Club, a new community is taking shape. D'Arcy, a master-planned community from Anthem United, will bring together people, popular amenities and natural beauty at the doorstep of the Rocky Mountains.

The established community of Aspen Woods is slated for some growth thanks to the optimistic outlook of a few developers. On the south side of 17th Avenue S.W., immediately south of Aspen Landing Shopping Centre, Ronmor Developers Inc. is in the conceptual stages of its latest project – Springbank Hill Market, a 20-acre, mixed-use, commercial and residential development.

Rumour has it that a new residential community in Calgary's deep southwest takes its name and heritage from an upscale and eclectic inner-city Toronto borough with oodles of history.

Yorkville, the brainchild of Mattamy Homes, is designed around a family friendly outdoor lifestyle that promotes active and healthy living – the kind of lifestyle that cultivates connectedness and interaction.

The answer to what the new northwest community of Carrington will have when complete is an easy one: pretty much everything.

The neighbourhood, launched as part of the massive Keystone Hills area plan, will include its own high-density housing; an employment and commercial centre built around a planned Green Line CTrain station; direct access to Stoney Trail and downtown; new schools, as well as proximity to existing ones; and acres of parks, wetlands and pathways. It also sits in a high-demand area that is suffering from a shortage of housing supply.

Sitting just south of Silverado between 194th Avenue and 210th Avenue S.W., the new Calgary community of Belmont is touted as a quiet refuge on the edge of the city and a place for new beginnings.

"It's a bright, modern community with a broad appeal for those looking for affordable quality in south Calgary," said Steve LePan, development manager with Anthem United. "As the first new community in the area, it's focused on affordable quality for first-time buyers or those new to Canada."

Nearly ten years into the East Village Master Plan, which was developed in 2009, the Calgary Municipal Land Corporation (CMLC) has invested close to $400-million into its delivery.

"That has attracted nearly $3 billion in private investment, including RioCan's urban retail centre, now under construction, and various condo developments," said Clare LePan, CMLC's director of marketing and communications.