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    COMMERCIAL REAL ESTATE

    Commercial Real Estate Stories, Headlines and News | Calgary Herald

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    1. Longtime Alberta TV host on a mission to discuss the importance of finding purpose

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      Calgary broadcaster Darrel Janz.

    2. Varcoe: Population boom driving Alberta economy, even as provincial energy revenues dip

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      Alberta Finance Minister Nate Horner

    3. Traffic reopens along Trans-Canada Highway after sinkhole grinds eastbound travellers to a halt

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      Entry to Banff National Park

    4. Things to do in Calgary over the Labour Day long weekend

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    5. Strangely, Calgary's low inventory market is seeing price increases

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    Local Business

    David Parker: Educational Partnership Foundation still making a difference

    There’s no question that there’s an urgent need for skilled trades professionals in this city and province. Finding people to work on construction sites is a real challenge for contractors as many current workers reach retirement age and few young people choose the trades as a career.
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    Q Construction targets continued growth in Calgary, B.C. markets

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    David Parker: Around Town with Hillhurst Hardware

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    Parker: Groups aims to honour memory of demolished General Hospital

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    Parker: Trail Riders of Canadian Rockies carry on 100-year tradition of mountain adventures

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    Illustration for July 6 David Parker column

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    1. David Parker: Calgary Construction Association's new Members Centre aims to unite local industry

      One of the biggest casualties of the pandemic was the loss of face-to-face communication, resulting in fewer opportunities to share business gossip in a relaxed manner.
      July 3, 2023 Commercial Real Estate
      Photo for July 5 David Parker column

    2. David Parker: Planned Wing Kei Village expanding quality care for seniors in Calgary

      It’s been 18 years since the late Don Jung and a number of his business and church friends stood proudly at the grand opening of Wing Kei Crescent Heights, a nursing home they had planned, raised financing for and built to preserve and improve the quality of life for seniors.
      June 28, 2023 Commercial Real Estate
      Illustration for June 29 David Parker column
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    4. Parker: The Kenten will add new glamour to a landmark Kensington corner

      After earning his international business degree from the University of Calgary, Sam Boguslavsky worked overseas in oil and gas for seven years. On his return home in 1999, he launched Sable Group of Companies and sought real estate opportunities in Calgary’s inner city.
      June 22, 2023 Commercial Real Estate
      Rendering of The Kenten,

    5. David Parker: McInnis & Holloway — more than a century of dignity in the funeral business

      Calgary was incorporated as a town in 1884 and less than 20 years later a funeral home started that still continues in that business today under the name of McInnis & Holloway Funeral Homes.
      June 20, 2023 Commercial Real Estate
      Jeff Hagel and his father Ernie Hagel

    6. Around Town: Vesta Properties unveils plans for South Point commercial development in Airdrie

      On the south side of Airdrie, Langley-based Vesta Properties is developing South Point Village that will showcase over 600 homes. The vibrant community will feature the best of amenities with more than five hectares dedicated to parks, tennis and basketball courts, barbecue pits and an off-leash dog park.
      June 15, 2023 Commercial Real Estate
      South Point commercial development in Airdrie

    Trending

    1. Varcoe: Population boom driving Alberta economy, even as provincial energy revenues dip

      Alberta Finance Minister Nate Horner

    2. Longtime Alberta TV host on a mission to discuss the importance of finding purpose

      Calgary broadcaster Darrel Janz.

    3. Traffic reopens along Trans-Canada Highway after sinkhole grinds eastbound travellers to a halt

      Entry to Banff National Park

    4. Things to do in Calgary over the Labour Day long weekend

      St. Patrick's Island lagoon

    5. Strangely, Calgary's low inventory market is seeing price increases

      real estate creb
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    LOCAL SPOTLIGHT

    Find the best places within Calgary. From local businesses to food to medical to legal services.

    1. Zeidler Architecture expands involvement in helping transform treatment of people with dementia

      Taking care of seniors is an increasingly critical issue, and managing people with dementia and providing special programs for individuals with unique and medically complex care calls for insightful consideration.
      June 12, 2023 Commercial Real Estate
      Photo for David Parker's June 12 column in Zeidler Architecture.

    2. ATCO invests in Calgary with renovation of two-tower complex

      Although it’s always great to hear of out-of-province companies showing their confidence in this city with real estate ventures, we too often forget to applaud the local firms who continue to invest here.
      June 7, 2023 Commercial Real Estate
      Rendering of lobby area at renovated ATCO tower in Calgary, for David Parker column.
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    4. More Canadian cities are turning office towers into homes to save their downtown cores

      Half of the 12 markets Re/Max surveyed reported efforts underway to help return activity to downtown
      with Video
      June 1, 2023 Commercial Real Estate
      In Calgary, one million square feet of office space has been converted into more than 1,200 new homes, "breathing new life into Calgary’s downtown core,” said Re/Max.

    5. Certus Development plans dramatic development in Chinatown

      During his studies at the University of Calgary, Jim Mitchell took a position with Colliers to learn as much as he could about commercial real estate. He enjoyed it and did very well, so when the time came for a career start, he declined a position with the firm and boldly started his own.
      May 22, 2023 Commercial Real Estate
      This Certus project (Harbour City) in Calgary's Chinatown will feature a striking grey/black brick-patterned facade that has been extended for additional height, and a new rooftop patio designed in an Oriental style.

    6. JLL Industrial enjoys advantages of hot commercial real estate market in Calgary region

      Calgary has many advantages that continue to attract companies. They include the lowest corporate income tax rate in Canada, a highly educated workforce, diversified economy, affordable residential real estate and low commute times.
      May 10, 2023 Business
      A rendering of Cross Roads Corner, a Dream development in Balzac, north of Calgary.

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    1. Olympic gold-medallist becomes Classroom Champion for kids

      Steve Mesler is well aware of the need to shape and nurture children at an early age. Growing up in Buffalo, his schoolteacher parents instilled discipline in the classroom that carried on to discipline on the athletic field.
      May 3, 2023 Commercial Real Estate
      Steve Mesler is the co-founder, president and CEO of Classroom Champions.

    2. Servus Credit Union joins revival of Calgary's downtown

      Pleased to be a part of Calgary’s downtown revitalization, Servus Credit Union has opened a flagship business banking centre and branch in the heart of the core in Fifth Avenue Place.
      May 1, 2023 Commercial Real Estate
      Servus Credit Union has opened a downtown business banking centre in Fifth Avenue Place in Calgary.
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    4. Kasian Architecture continues work to bring wonders of space to the world

      Selecting architectural firms from other cities — or countries for that matter — to do work in this city over our own talented firms is annoying to say the least.
      April 26, 2023 Commercial Real Estate
      A rendering of the proposed Space Place Canada planetarium in Toronto, designed in Kasian's Calgary office.

    5. Varcoe: How the event centre sparks hope of new 'anchor' for Calgary's culture and entertainment district

      New hotels, new public gathering spots, a new area for restaurants, bars and retail — and a new event centre.
      with Video 13 Comments
      April 26, 2023 Business
      Mayor Jyoti Gondek speaks during the announcement of the future event centre in Calgary on Tuesday, April 25, 2023.

    6. Stone Creek Resorts plans new residential project for Silvertip at Canmore

      Driving west on the Trans-Canada Highway, one is always taken aback by the first views of the Rockies, a panorama that needs a head turn to take them all in. A magnificent example of the wonders of creation.
      April 19, 2023 Commercial Real Estate
      John Third, vice-president of community engagement and sales and marketing for Silvertip, is helping plan a new residential development for Stone Creek Resorts designed around the picturesque Silvertip golf course at Canmore.

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    1. Parker: Taza Development's new president James Robertson eager to build on success

      It’s hard to believe that James Robertson was president and CEO of University of Calgary Properties Group for 11 years, so his decision to resign and take on a new challenge should not have been such a big surprise.
      April 17, 2023 Commercial Real Estate
      James Robertson has been named president of Taza Development Corp., a partnership between the Tsuut’ina Nation and Canderel.

    2. Historic Fairmont Palliser completes another $3.1M luxury upgrade

      Spurred by the increase in early tourists headed for the mountains via his Canadian Pacific Railway, president William Van Horne decided to build a luxury hotel in Calgary at a time when 9 th Avenue had few cars — and they were restricted to 16 m.p.h. Welcoming its first guest on June 1, 1914, the Palliser Hotel was named after Irish Capt. John Palliser, who spent almost three years exploring the unchartered regions of Western Canada.
      April 12, 2023 Commercial Real Estate
      Ken Flores, general manager of the Fairmont Palliser hotel, overlooks the refreshed Alberta Ballroom.
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    4. Varcoe: Vancouver firm establishes innovation hub in Calgary, aims to create 200 jobs in region

      'We think Calgary is a place that's open to new ideas and testing new technologies, so that's why we want to have our hub out there'
      Chris Varcoe April 10, 2023 Columnists
      President of Vancouver based RAM Consulting, Joe Di Placito.

    5. Years-long dream becomes a reality for supply-chain management firm Ankan

      In 2016, Patrick Etokudo had a vision to start his own company optimizing supply chains to improve the bottom line of organizations. He went so far as to name and register Ankan as his company, but was always too busy to get it launched.
      April 10, 2023 Commercial Real Estate
      Patrick Etokudo is managing partner of Ankan, a Calgary company specializing in optimization of supply chains.

    6. Calgary-based Community Natural Foods expands to Edmonton

      A Calgary-based natural food store is expanding to Edmonton, and calling on local vendors to pitch their products.
      April 9, 2023 Local Business
      Community Natural Foods will open an Edmonton store this spring in Old Strathcona in the space formerly occupied by Planet Organic. This will be the fourth Community Natural Foods store in Alberta, and the first outside of Calgary. Photo taken on March 24, 2023.
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    1. RBC Capital Markets team enjoys strong sales in commercial real estate sector

      Despite many concerns about commercial real estate — particularly in the downtown — Jason Cottle, managing director of RBC Capital Markets Real Estate Group, says as Alberta experiences unparalleled levels of net migration, retail sales, rental growth and property appreciation is experiencing a lively interest among buyers.
      April 5, 2023 Commercial Real Estate
      RBC Capital Markets Real Estate Group team Jason Cottle and Tosh Findlay have been retained to arrange the same of the Market at Quarry Park.

    2. Groon construction educates homeowners while keeping basements dry

      We cannot survive without water, although it is also responsible for disasters in many parts of the world resulting in flooding, mudslides, erosion and the like.
      April 3, 2023 Commercial Real Estate
      Benjamin Heninger, president and founder of groon construction, uses his engineering expertise to specialize in repairs to leaky home foundations.
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    4. Parker: Calgary Stamp and Stencil maintains commitment to excellence after 120 years

      One of the feel-good actions in business has to be the sound of an ink stamp that says “Paid.”
      March 29, 2023 Commercial Real Estate
      The new building and refurbished sign for 120-year-old Calgary company Stamp & Stencil.

    5. Ontario firm Engineering Link sees Alberta Advantage in setting up shop in Calgary

      Calgary receives lots of ink about the number of high-tech companies that establish a presence here due to available talent, good space and an excellent quality of living.
      March 27, 2023 Commercial Real Estate
      Marco Guzzo, associate of Engineering Link, has opened a Calgary office for the Ontario-based engineering firm.

    6. Parker: Master chocolatier Bernard Callebaut marks 40 years of sweet success in Calgary

      Having a passion for what you do is vital to fend off the volatile ups and downs of a working life. Few have parried the thrusts so well as master chocolatier Bernard Callebaut, but his determination to offer the highest quality European chocolates has kept him just as energetic and passionate today as when he started making chocolates in Calgary 40 years ago.
      12 Comments
      March 22, 2023 Commercial Real Estate
      Bernard Callebaut is celebrating 40 years of making chocolates in Calgary.
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    1. 'A great opportunity': Former YWCA land in downtown Calgary for sale again

      The former site of the YWCA was originally sold in 2015 for $45 million to Toronto firm Great Gulf
      8 Comments
      March 21, 2023 Commercial Real Estate
      The courtyard area of the former YWCA building is shown in downtown Calgary on Tuesday.

    2. Heffel opening new gallery with celebration of Canadian fine art

      Calgary and Alberta art lovers are in for a treat as Heffel Fine Art Auction House is bringing to this city an exhibition of Alex Colville, one of Canada’s most famous painters and printmakers.
      March 15, 2023 Commercial Real Estate
      Heffel Fine Art Auction House's new gallery and storage facility in Calgary.
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    4. Parker: Felix Smart tends to health of plants and pets in your home

      Many of us have been frustrated trying to grow indoor plants and, because of our negligence or ignorance of their needs, have had to discard them into the green bin burial ground for rotting rubber plants and dying dieffenbachias.
      March 13, 2023 Commercial Real Estate
      Tom Lam, the CEO and co-founder of Felix Smart, is helping homeowners to care for plants and pets.

    5. Parker: Telsec creating new home in prime location for retail giants Lammle's, Homes Alive Pets

      One of the most prominent corners in this city has to be the crossroads of Macleod Trail and Glenmore Trail. For many years, the southwest corner of the two major arteries was home to Jack Carter Chevrolet. Empty for the past 15 years except for temporary leases to seasonal retailers, it was purchased two years ago by Telsec Property Corp. which has since been planning the best way to redevelop the site.
      March 8, 2023 Commercial Real Estate
      A rendering shows Telsec's planned renovation of the former Jack Carter Chevrolet building at the intersection of Macleod Trail and Glenmore Trail, which will become the new home for Lammle's and Homes Alive Pets.

    6. Blackwood Family Enterprise Services expands onto national stage

      Founded by Patrick O’Connor and David Blom in 2022, Blackwood Family Enterprise Services has expanded to the national stage through a collaboration with like-minded and experienced professionals from across Canada.
      March 6, 2023 Commercial Real Estate
      David Blom is the COO for Blackwood Family Enterprise Services.
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    1. Tag Advertising set to unveil dramatic campaign highlighting class-size crunch in Alberta schools

      More than 20 years ago, Todd Sloane, owner and creative lead at Tag Advertising, answered a request for proposal from the Alberta Teachers’ Association, which was looking to hire a new advertising and communications agency.
      March 1, 2023 Commercial Real Estate
      A rendering shows a billboard to be unveiled next week in Calgary, part of a campaign by Tag Advertising for the Alberta Teachers' Association.

    2. Ledcor Construction cuts the ribbon on new home, marking a return to Beltline

      Ledcor Construction is the latest company that has decided to relocate to the Beltline district after being away for around 15 years, while working out of offices in the Mayland Industrial Park area.
      February 27, 2023 Commercial Real Estate
      Graham Currie, second from left, and the Ledcor Construction staff cut the ribbon on the company's new home in the Keynote tower in the Beltline.
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    4. Burns & McDonnell expands in Calgary to meet demands of energy transition

      Burns & McDonnell has provided engineering and construction services in Canada since the 1940s, delivering almost $3.8 billion of projects in the past 10 years. Its first permanent project offices were opened in Calgary in 2012 and in Toronto in 2016, and growth here has meant the need for more space for its expanding number of employees.
      February 22, 2023 Commercial Real Estate
      Darcy Wagner, managing director for Canada with Burns & McDonnell, is planning to add staff to "help customers as they cope with the massive transition to cleaner energy sources and the new technologies that will be required."

    5. Construction firm Buttcon West builds on national success from western HQ in Calgary

      It’s always exciting to hear of companies choosing Calgary for their western headquarters, bringing their expertise while employing local talent.
      February 20, 2023 Commercial Real Estate
      Kevin Lawlor is president and CEO of Buttcon West, a national construction firm that opened its western headquarters in Calgary last year.

    6. Centron clearing way for massive, inclusive residential project at fast-growing Chestermere

      A lot of dirt is on the move at the big bend of the Trans-Canada Highway on the east side of Chestermere, as Centron Real Estate Development and Construction clears the site for its Clearwater Park residential community.
      February 15, 2023 Commercial Real Estate
      An artist's rendering shows Centron's massive residential development that is being built on the east side of Chestermere.
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