When the shuttered King Edward School was transformed into cSPACE King Edward, an incubator for artists, non-profits and entrepreneurs, it proved an ambitious example of the economic, environmental and social benefits of preserving, rather than demolishing, Calgary's historic buildings.

As one meanders along the narrow and hilly streets of Bankview, it's hard not to be struck by the eclectic nature of the streetscape. Century-old, Craftsman-style homes sit alongside 1960s-era, four-storey, walk-up apartment buildings, and swanky new duplexes and infills. Adding softness to the landscape, fifty-foot-tall trees pepper the greenspaces, arching across the boulevards and creating a canopy of enchantment. Steps away, coffee shops, pubs and the boutique shops on 17th Avenue S.W. thrum with the beat of the bustling city.

Former King Edward School is reborn as hub for the Calgary arts community

Once a sandstone monolith surrounded by bald prairie, King Edward School has seen countless generations of students pass through its hallways. Its slate staircases bear faint grooves from more than a century of feet, including the hard-soled boots of soldiers that once used its basement for rifle-range training.

Now, 105 years later, the inner-city community of South Calgary surrounds the school, which is undergoing a massive $33.5-million transformation into an arts incubator and artistic venue called cSPACE King Edward.

The school closed in 2001, and was eventually acquired by cSPACE, a social enterprise real estate company that provides rental space, property management and community development. Capital funding for the project has come from the City, province, Calgary Foundation and other organizations.

Sandstone City: A series looking at the people, architecture and culture of Calgary's sandstone glory days

Sandstone schools thriving as educators and more in Calgary

Constructed after a fire in 1886 wiped out more than a dozen wooden buildings in downtown, today's inner-city sandstone schools stand out as daily reminders of Calgary's storied past.

According to the Chinook Country Historical Society, 19 sandstone schools were built in the city between 1894 and 1914, helping earn Calgary the moniker "Sandstone City."

Here's a breakdown of how some fit into Calgary's landscape today.