That's the project that was going to be RNDSQR's Village, but is now a different developer. Can't remember who the new developer is, but the new design was done by FAAS.
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- Thread starter Surrealplaces
- Start date
Calgcouver
Active Member
If memory serves developer is Eagle Crest Construction.
Ahh yes, that's right. If it's anything like the ones they are showing for 24th ave nw, it should be okay
Up to 200 new affordable housing units coming to Calgary - Calgary | Globalnews.ca
The sale will be open to more than 60 non-profit affordable housing providers in Calgary.
globalnews.ca
UrbanWarrior
Senior Member
Up to 200 new affordable housing units coming to Calgary - Calgary | Globalnews.ca
The sale will be open to more than 60 non-profit affordable housing providers in Calgary.
Oh crap I forgot to post that earlier. Almost wrote my first assignment of the semester on it and the National Housing Strategy. Decided to do a much broader piece on mass timber though.
CBBarnett
Senior Member
Some interesting data from the CMHC who recently released their 2019 Fall Rental report. Link to report, the data tables are also available on their site. Key takeaways:
- Vacancy in rentals remain unchanged at 3.9%, with 1,122 total units added to the supply, suggesting demand and supply growth are both strong
- Modest rent price increases
- Beltline vacancy dropped from 3.9% to 3.2%, now below the city average
Mountain Man
Senior Member
There is a project coming on the site of the Nimmons House, this could be it?
JonnyCanuck
Senior Member
I was able to confirm that it is Eaglecrest. That makes several projects they have planned in established neighbourhoods. They have come from nowhere.
p.s The Nimmons site is a different project. Brava Developments were last attached to it.
Cowtown
Senior Member
I feel like more rental project are going to be coming down the pipe.
Calgary rental trends indicate modest economic recovery: CMHC
An increasing demand for rental accommodation in Calgary last year points to a gradual economic recovery, says a federal housing monitor.
calgaryherald.com
Cowtown
Senior Member
Another article on rental vacancies.
Average rent in Calgary climbs by 1.7% as population, labour force grow
Average rent in Calgary climbs by 1.7% as population, labour force grow
CBBarnett
Senior Member
Totally agree. I hold the opinion that Calgary is always under pressure to revert to the "Canadian big city mean" whenever we remove the excessive fire hose of oil money from the equation such as the current transition period we are in. I expect:I feel like more rental project are going to be coming down the pipe.
Calgary rental trends indicate modest economic recovery: CMHC
An increasing demand for rental accommodation in Calgary last year points to a gradual economic recovery, says a federal housing monitor.
- More rentals & less home-ownership: we have a while to go to catch up on this one. Decades of high incomes relative to home costs has given us the most out of whack ratio of rental/owner in the country.
- Moderate but still positive population growth
- Densification pressures continue as the city get's larger and larger and commutes continue to climb with ongoing sprawl growth as well.
- Increased localization of housing/rental markets as areas become self-sustaining (e.g. U of C area, Marda Loop etc.) or more independent from the previous boom-town "tide-rises-all-boats" housing market. With less macro-pressures, the popularity of different areas will wax and wane more distinctly on local factors.
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Love looking a the pics of downtown/Beltline from above. Core looks great, but it would be nice to see a bit more development around the core.
From @BrandiHoward__ Twitter
From @BrandiHoward__ Twitter
Stephen Ave
Active Member
That first pic highlights how much Calgary could use some development on those empty lots.
This may have been mentioned before, but in case it hasn't.
Urban Outdoorsman
Active Member
I love this proposal, gives multi purpose development a whole new meaning