Beltline_B
Senior Member
I forgot the small Homespace one that’s on 16th ave .
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Homespace addedI forgot the small Homespace one that’s on 16th ave .
This is a good point, I think vacancy in rental units downtown in 2021 was closer to 5-8% and it's like <2% now. Thats not an insignificant jump in population either.I’d say Beltline is probably closer to 35,000 now, as we also had a bunch of buildings finishing up within the year before the census, and our vacancy is lower now than it was then. Either way, an average of 1100 units per year in one neighbourhood is pretty awesome, over 1500 per year in downtown total.
True, the vacancy rate was higher, plus Underwood, Soho and Redstone were all just starting to rent around the time of the census. Redstone was probably after.I’d say Beltline is probably closer to 35,000 now, as we also had a bunch of buildings finishing up within the year before the census, and our vacancy is lower now than it was then. Either way, an average of 1100 units per year in one neighbourhood is pretty awesome, over 1500 per year in downtown total.
Praying for those trees to stay healthy and alive during construction!!
Wouldn't surprise me if we see a couple of new highrises start construction every year, with the projects getting larger on average as we go. 15-20 years ago 18-22 storeys with 200 units was the norm, these days the developments are bigger with a lot more units.Odds are good that it will double again in 20 years. It's getting to a critical mass now.
The plan is for Calgary to be around 4.5 million by 2050 (with Canadian annual immigration at over 700k). It should top 100k if we stay on that trajectory. I'm not a supporter.Odds are good that it will double again in 20 years. It's getting to a critical mass now.
100K+ a year is a blip - we aren’t likely to maintain that long-term. I’d expect a 2-2.5M region by 2050, 3M outside chance. But who knowsThe plan is for Calgary to be around 4.5 million by 2050 (with Canadian annual immigration at over 700k). It should top 100k if we stay on that trajectory. I'm not a supporter.
We basically already are a region of 2 million! I'd be surprised if we only add 500,000 in the next 26 years. Even at a conservative regional growth rate of 25,000 a year we'd add over 600,000 in that time frame.100K+ a year is a blip - we aren’t likely to maintain that long-term. I’d expect a 2-2.5M region by 2050, 3M outside chance. But who knows