Calgary's trusted source of real estate news, advice and statistics since 1983.
Stories Tagged - CMLC
News
March 15, 2019 | CREBNow
Completion of East Village's first purpose-built rental project approaches
The redevelopment of the East Village has brought new life to an area that was once a no man's land of unsightly industrial buildings and decaying historic landmarks.
An influx of new residents has breathed life into the area, but as modern condo towers rose and filled up with buyers, one thing was lacking: rental options.
An influx of new residents has breathed life into the area, but as modern condo towers rose and filled up with buyers, one thing was lacking: rental options.
News
Oct. 24, 2018 | Geoff Geddes
Highly anticipated central library grand opening approaches
Many people talk about designing unique buildings, but the minds behind the new Calgary Central Library have truly succeeded. Located one block east of the former central library building and just behind city hall, the new digs are distinctive for all the right reasons.
News
July 04, 2018 | Gerald Vander Pyl
Eastern promises
Big things are in store for East Victoria Park
What would you do if you had a chance to remake a large area of Calgary's inner city to meet the needs of today?
That's the opportunity the Calgary Municipal Land Corporation (CMLC) was given when it began redevelopment of the Rivers District along the Bow and Elbow Rivers near downtown.
First it tackled the Downtown East Village, but now the City of Calgary-owned corporation has turned its sights to East Victoria Park, in an effort to transform the area into a cultural, entertainment and residential hub.
What would you do if you had a chance to remake a large area of Calgary's inner city to meet the needs of today?
That's the opportunity the Calgary Municipal Land Corporation (CMLC) was given when it began redevelopment of the Rivers District along the Bow and Elbow Rivers near downtown.
First it tackled the Downtown East Village, but now the City of Calgary-owned corporation has turned its sights to East Victoria Park, in an effort to transform the area into a cultural, entertainment and residential hub.
News
Jan. 20, 2017 | CREBNow
The 'In' crowd
Inner-city communities offering residents plenty to get excited about
From the historic streets of Inglewood to the shopping district along 17th Avenue, Calgary's inner city represents an eclectic and ever-changing mix of stories, style and substance. After all, these are areas where 100-year-old brick buildings seamlessly interchange with high-rise construction cranes.
Yet for those who live in Calgary`s inner city, it isn't just their surroundings and amenities that make it special. It's the people.
"Sure we have our night markets, Christmas celebrations and kitschy shops, but what makes Ramsay and Inglewood an exceptional place to live are the people," said local resident Natalia Jezierska.
From the historic streets of Inglewood to the shopping district along 17th Avenue, Calgary's inner city represents an eclectic and ever-changing mix of stories, style and substance. After all, these are areas where 100-year-old brick buildings seamlessly interchange with high-rise construction cranes.
Yet for those who live in Calgary`s inner city, it isn't just their surroundings and amenities that make it special. It's the people.
"Sure we have our night markets, Christmas celebrations and kitschy shops, but what makes Ramsay and Inglewood an exceptional place to live are the people," said local resident Natalia Jezierska.
News
Oct. 21, 2016 | Andrea Cox
Blank canvas
Developers creating public art 'for the people that belongs to the people'
It's Sunday morning and soft skiffs of white snow blanket the still green grass, while golden and red leaves cling tightly to drooping branches laden with the heaviness of an early fall storm.
As the sun streams through a parting overcast sky, melting the show of winter that has arrived all too soon, the landscape becomes an artistic vista – one of twinkling light and impressionistic colour as St. Patrick's Island awakens to the day.
It's Sunday morning and soft skiffs of white snow blanket the still green grass, while golden and red leaves cling tightly to drooping branches laden with the heaviness of an early fall storm.
As the sun streams through a parting overcast sky, melting the show of winter that has arrived all too soon, the landscape becomes an artistic vista – one of twinkling light and impressionistic colour as St. Patrick's Island awakens to the day.
News
Aug. 19, 2016 | Barbara Balfour
Work of art
City's evolving arts scene a good news story for real estate
Recent high-profile additions to Calgary's cultural scene stand to benefit the city's real estate market in a big way, say experts.
New facilities such as Studio Bell's National Music Centre and the Calgary Film Centre will go a long way toward helping the city shake off its stodgy Cowtown image, said Tom Keenan, a professor at the University of Calgary's Faculty of Environmental Design.
"Interesting people, things to do, cultural amenities like the opera – these all play a role in making a city appealing to live in," he said.
Recent high-profile additions to Calgary's cultural scene stand to benefit the city's real estate market in a big way, say experts.
New facilities such as Studio Bell's National Music Centre and the Calgary Film Centre will go a long way toward helping the city shake off its stodgy Cowtown image, said Tom Keenan, a professor at the University of Calgary's Faculty of Environmental Design.
"Interesting people, things to do, cultural amenities like the opera – these all play a role in making a city appealing to live in," he said.
News
Aug. 05, 2016 | CREBNow
CMLC relocates into renovated St. Louis Hotel
Facade to respect original design
Trading one of Calgary's historic landmarks for another, Calgary Municipal Land Corp. (CMLC) – the organization responsible for transforming East Village into one one of the city's most sought-after neighbourhoods – has relocated its offices from the Hillier Building at 429 Eighth Avenue S.E. to the historic St. Louis Hotel right across the street.
In anticipation of the Grand Trunk Pacific Railway's arrival at Fort Calgary, Colonel James Walker developed the St. Louis Hotel in 1914. It underwent a major renovation in 1959, and in 2008 the City of Calgary designated the building as a Municipal Historic Resource.
Trading one of Calgary's historic landmarks for another, Calgary Municipal Land Corp. (CMLC) – the organization responsible for transforming East Village into one one of the city's most sought-after neighbourhoods – has relocated its offices from the Hillier Building at 429 Eighth Avenue S.E. to the historic St. Louis Hotel right across the street.
In anticipation of the Grand Trunk Pacific Railway's arrival at Fort Calgary, Colonel James Walker developed the St. Louis Hotel in 1914. It underwent a major renovation in 1959, and in 2008 the City of Calgary designated the building as a Municipal Historic Resource.
News
May 27, 2016 | Kathleen Renne
Window of opportunity
Condo developers using downturn as opportunity to build
The downturn in Calgary's economy is creating a much-needed opportunity for developers to reset and plan for the long-term, say experts, who also believe the apartment-style condominium sector stands to benefit the most.
Susan Veres, senior vice-president of strategy and business development for Calgary Municipal Land Corp. (CMLC), admits sales "have slowed" in the popular East Village community on the banks of the Bow River, but also said the timing of the current downturn is "almost fortuitous" for the up-and-coming area.
"It's serendipitous that we're actually focusing on construction this year," she said, whose company, CMLC, is wholly owned subsidiary of the City of Calgary that is currently revitalizing East Village.
The downturn in Calgary's economy is creating a much-needed opportunity for developers to reset and plan for the long-term, say experts, who also believe the apartment-style condominium sector stands to benefit the most.
Susan Veres, senior vice-president of strategy and business development for Calgary Municipal Land Corp. (CMLC), admits sales "have slowed" in the popular East Village community on the banks of the Bow River, but also said the timing of the current downturn is "almost fortuitous" for the up-and-coming area.
"It's serendipitous that we're actually focusing on construction this year," she said, whose company, CMLC, is wholly owned subsidiary of the City of Calgary that is currently revitalizing East Village.
News
April 15, 2016 | Cody Stuart
What's NEXT?
Soil contamination a major hurdle for any West Village development
The Calgary Flames' season may be over, but that doesn't mean hockey talk in the city has come to a close.
In addition to fans' usual examination of how things could have gone differently, the question of where the team is going to play its home games in the not-too-distant future remains.
Part of that answer will come to light April 25 when Calgary Municipal Land Corp. (CMLC) reports findings to city council from its six-month environmental assessment of land in West Village where Calgary Sports and Entertainment Corp. (owner of the Flames, Calgary Stampeders and Calgary Roughnecks) is proposing to build the much-debated CalgaryNEXT project.
The Calgary Flames' season may be over, but that doesn't mean hockey talk in the city has come to a close.
In addition to fans' usual examination of how things could have gone differently, the question of where the team is going to play its home games in the not-too-distant future remains.
Part of that answer will come to light April 25 when Calgary Municipal Land Corp. (CMLC) reports findings to city council from its six-month environmental assessment of land in West Village where Calgary Sports and Entertainment Corp. (owner of the Flames, Calgary Stampeders and Calgary Roughnecks) is proposing to build the much-debated CalgaryNEXT project.
News
Feb. 26, 2016 | Cody Stuart
Love thy neighbour
Calgary Municipal Land Corp. and Calgary Stampede team up on Stampede Park
Already responsible for reshaping Calgary's blighted East Village into one of the city's most transformative neighbourhoods, Calgary Municipal Land Corp. (CMLC) is now teaming up with the Calgary Stampede to help energize plans for a "grander" Stampede Park.
Neighbours since CMLC began redeveloping the once-blighted east end, a newly signed memorandum of understanding will see the two companies collaborate on the advancement of Stampede Park's master plan, including the redevelopment the languishing Victoria Park neighbourhood.
"It is a natural partnership," said CMLC vice-president Susan Veres. "CMLC has a specialty in development and they have a specialty in operating a world-class venue and event, so why not help them (Stampede) with the realization of their master plan since [our] master plan is in full swing?"
Already responsible for reshaping Calgary's blighted East Village into one of the city's most transformative neighbourhoods, Calgary Municipal Land Corp. (CMLC) is now teaming up with the Calgary Stampede to help energize plans for a "grander" Stampede Park.
Neighbours since CMLC began redeveloping the once-blighted east end, a newly signed memorandum of understanding will see the two companies collaborate on the advancement of Stampede Park's master plan, including the redevelopment the languishing Victoria Park neighbourhood.
"It is a natural partnership," said CMLC vice-president Susan Veres. "CMLC has a specialty in development and they have a specialty in operating a world-class venue and event, so why not help them (Stampede) with the realization of their master plan since [our] master plan is in full swing?"