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.

Simmons Building now open to public

Calgarians had their first opportunity to break bread at East Village's long-anticipated Simmons Building last week.

The grand opening celebrated three local food and beverage brands – Charbar, Phil & Sebastian Coffee Roasters and Sidewalk Citizen Bakery – and furthered the completion of what's being dubbed Calgary's "oldest, newest community."

An additional $300 million in development and as many 500 new condos are slated for East Village after a partnership announcement between RioCan Investment Trust and Embassy BOSA including a Loblaws grocery store.

"Calgary is on the tipping point right now, with condo living becoming a more sought after alternative to suburban life," said Ryan Bosa, president of Embassy BOSA. "The future of Calgary is up not out, and developments like the East Village showcase how Calgary is creating vibrant, sustainable communities."