I put this in the Office Space conversion thread, but I'm putting it here also as not everyone visits the real estate section. It looks like the city announce another round of funding, this time $52 Million.
I have mixed feelings about it. I fully support the first round of funding, but at the same time I think the one time cost of $153 million was good enough. It'll put some residents in the core, but now maybe time to put money into other aspects of the core and pause to give time to see how the effects of the first round shake out.
The new round of funding sets aside $52.5 million in another attempt to lure developers to undertake the expensive conversion process.
calgaryherald.com