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MichaelS
Senior Member
Calgary eyes expansion of its office conversion program to include schools, hotels
Calgary is 20 per cent of the way toward its goal of removing six million square feet of office space from the downtown, the city said.
calgaryherald.com
It looks like the City may start offering incentives for converting to uses other than just residential, and may also offer incentives to simply demolish the old buildings.
I like the idea of converting for other uses, but I'm not a fan of incentives to create more empty lots. I would be okay with incentives for demolition if it was tied to a new development taking it's place, but other than that I don't want to see money go towards more gravel lots. Also any build that does get demolished will likely be a smaller boutique building.
I'm reminded of Mary Moran's quip that we're "under-demolished": https://financialpost.com/real-esta...line-were-not-overbuilt-were-under-demolished
I remember cringing when this first hit the news.
I remember cringing when this first hit the news.
adamyyc
Active Member
Totally agree! The article mentions that some demolition lands could be converted to park or public space. Conversion to temporary parks/public space (or some other productive TLU) should be a condition of funding. Even if the park/public land use is through a lease to the City to manage liability. If the recipient doesn’t have a TLU planned (other than a parking lot), then they should not receive funding. I’d like to see TLUs where the lots are used for prefab/shipping container style bars/restaurants/breweries/markets. Something relatively low cost but highly activating.
darwink
Senior Member
By my tracking:
UrbanWarrior
Senior Member
At least one of those in the “proposed” list is well underway. I think it’s the Cornerstone one. Is the one at 9 Ave and Macleod on there? The little one next to Palliser.
UrbanWarrior
Senior Member
Quick snap of the aforementioned project from the train just now.
2023 could be turning point for office-to-housing conversions: Colliers
One office-to-housing conversion in Calgary shows it can be done and the whole community reaps the benefits.
outoftheice
Active Member
Next round of residential conversion projects announced...
CT (Chinese_T)
Active Member
Taylor Building - 85 units [Cressey Developments]
Petro Fina Building - 105 Units [People First Developments] (This one's pretty nice, In the document it says the historical elements will be preserved)
Eau Claire Place I - 90 Units [Cidex]
Eau Claire Place II - 195 Units [Pacific Reach Properties]
744 4th Ave - 55 Units [Institutional Mortgage Capital]
UrbanWarrior
Senior Member
Ohhhh my god! The Taylor, Fina, and 744 buildings all going ahead next? Jesus that’s a huge win. Two more residential conversions on Stephen Avenue 
likely accompanied by retail at grade to extend the Avenue west. So like 530 units in 5 projects? Not bad at all.
likely accompanied by retail at grade to extend the Avenue west. So like 530 units in 5 projects? Not bad at all.
zagox
Active Member
Taylor Building - 85 units [Cressey Developments]
Petro Fina Building - 105 Units [People First Developments] (This one's pretty nice, In the document it says the historical elements will be preserved)
View attachment 470519
Eau Claire Place I - 90 Units [Cidex]
Eau Claire Place II - 195 Units [Pacific Reach Properties]
744 4th Ave - 55 Units [Institutional Mortgage Capital]
These buildings seem nicer and better located than the ones in the earlier rounds
DiscoStu
Active Member
Both the Fina and Taylor buildings have a nice mid-century vibe...so I hope they don't go and ruin those facades with some cheap patterned paneling.
The others, they can do whatever the hell they want with...
The others, they can do whatever the hell they want with...
That's what I was thinking too. The facades on Fina and Taylor have a nice funkiness to them....just like the sierra building had. I pray they don't do too much to those buildings, but I have a feeling the retained historical element for Fina, will be the stainless steel portico.