I'm surprised that the movement doesn't have more traffic. That may be because it is so difficult. A dedicated flyover would likely unlock latent demand. Ultimately, Glenmore will become Calgary's most important road:
-near the N-S axis of the city
-links all of the major freeways (Stoney East bypass, Stoney West bypass, Deerfoot, Crowchild)
-traverses the bottleneck created by Glenmore Reservoir
-services the enormous commercial traffic generator of Foothills Industrial
Does the new bridge under construction at Deerfoot allow 4 through lanes each way on Glenmore?
I could see that island of land wedged between Deerfoot, Glenmore and the river being redevelopment in the medium term. It would likely need to be raised above flood plain.