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Calgary Office Market Report
First Quarter 2019 / Office Market Report Calgary Quick Stats Calgary office market sees best to slightly positive results are being seen. positive absorption trend in over Calgary remains set back from the strong three years economy seen prior to 2015, but the market 22.6% doesn’t appear to be getting any worse for Calgary Overall Vacancy Stability and even a bit of improvement over the time being. last year. As of first quarter 2019 the overall Calgary’s overall employment has fully Calgary office market has recorded is third recovered from the losses incurred over consecutive quarter of positive absorption, the course of the downturn. In May 2015 25.3% something the market hasn’t seen since Calgary’s employment peaked at 826,000 Downtown Vacancy 2014. This positive trend carried through to people before beginning its downward the Downtown office market, which also slide through the downturn. As of February saw its third consecutive quarter of positive 2019, Calgary’s employment is 849,300 absorption, a trend not seen in that market 19.5% people, a new peak value and 23,300 people segment in seven years. The last time this Beltline Vacancy above that pre-downturn peak. In terms type of trend was seen in the Downtown of the unemployment rate, recovery does market was the first three quarters of not occur in a straight line, but the general 2012, seven years ago, when the market trend for the last year has been pretty flat. was finishing a run of twelve consecutive 17.1% The unemployment rate for February 2019 quarters of positive absorption. -
Previous Council Direction
CPS2017-0391 ATTACHMENT 1 Previous Council Direction On 2004 April 26, Council approved Mayor Bronconnier's NM2004-17, which established the Community Investment Fund (CIF) and approved contributions including $40 million towards the development of a new Central Library. On 2005 April 25, Council approved CIF2005-08 which authorized Administration to release up to 10 per cent of each project’s allocation as seed funding to support the development of project business plans by each participating organization. $4 million was approved to transfer to Calgary Public Library Capital Program Number 479. On 2005 July 04, Council approved LAS2005-127 and directed Administration to work with the Calgary Public Library (CPL) and Bow Valley College (BVC) to comprehensively redevelop Block 40. Administration was also directed to jointly undertake an analysis of the user’s needs including common program areas, development capacity of the site, potential partners, critical timelines and funding decisions. At the same time, Council directed Administration to develop a triple bottom line list of the requirements and desired uses which would contribute to the vision for the block. On 2005 December 06, Administration provided a status update to the Land and Asset Strategy Committee with LAS2005-209 and were directed to report back to the Committee regarding the analysis and recommendations included in the Block 40 Redevelopment Analysis report, no later than 2006 March 14. In addition, Administration was directed to include an order of magnitude cost estimate in the Block 40 Redevelopment Study Report and to confirm the funding for the Bow Valley College facility expansion project from the Provincial Government. -
Bow River Basin State of the Watershed Summary 2010 Bow River Basin Council Calgary Water Centre Mail Code #333 P.O
30% SW-COC-002397 Bow River Basin State of the Watershed Summary 2010 Bow River Basin Council Calgary Water Centre Mail Code #333 P.O. Box 2100 Station M Calgary, AB Canada T2P 2M5 Street Address: 625 - 25th Ave S.E. Bow River Basin Council Mark Bennett, B.Sc., MPA Executive Director tel: 403.268.4596 fax: 403.254.6931 email: [email protected] Mike Murray, B.Sc. Program Manager tel: 403.268.4597 fax: 403.268.6931 email: [email protected] www.brbc.ab.ca Table of Contents INTRODUCTION 2 Overview 4 Basin History 6 What is a Watershed? 7 Flora and Fauna 10 State of the Watershed OUR SUB-BASINS 12 Upper Bow River 14 Kananaskis River 16 Ghost River 18 Seebe to Bearspaw 20 Jumpingpound Creek 22 Bearspaw to WID 24 Elbow River 26 Nose Creek 28 WID to Highwood 30 Fish Creek 32 Highwood to Carseland 34 Highwood River 36 Sheep River 38 Carseland to Bassano 40 Bassano to Oldman River CONCLUSION 42 Summary 44 Acknowledgements 1 Overview WELCOME! This State of the Watershed: Summary Booklet OVERVIEW OF THE BOW RIVER BASIN LET’S TAKE A CLOSER LOOK... THE WATER TOWERS was created by the Bow River Basin Council as a companion to The mountainous headwaters of the Bow our new Web-based State of the Watershed (WSOW) tool. This Comprising about 25,000 square kilometres, the Bow River basin The Bow River is approximately 645 kilometres in length. It begins at Bow Lake, at an River basin are often described as the booklet and the WSOW tool is intended to help water managers covers more than 4% of Alberta, and about 23% of the South elevation of 1,920 metres above sea level, then drops 1,180 metres before joining with the water towers of the watershed. -
Attach 1-Applicant Submission CPC2020-0430.Docx
CPC2020-0430 Attachment 1 Applicant Submission February 5, 2020 On behalf of TELUS, O2 Planning + Design (O2) proposes to redesignate the parcel at 622 1st Street SW to enable the development of a unique digital art installation that will transform the 1st Street SW and 7th Avenue SW streetscapes. The intent is to install an interactive digital display that is integrated into the first storey of the 7th Avenue façade, with an additional screen setback within the concourse of the building at the corner of 7th Avenue and 1st Street SW. The displays will function predominantly as a public art piece while also providing community outreach and advertising services. Above all else, the displays form the centerpiece of TELUS’ commitment to improving the public realm around the TELUS campus, creating a safe, engaging, and vibrant experience for the public. Facilitating the proposed digital art installation requires redesignating from the current land use, DC 5D2014 Site 2 and 3, to a new DC that includes a newly defined Digital Art Installation use. O2 will work collaboratively with administration to prepare a new DC district that includes a definition for the proposed use that balances the intent of the proposal with the requirements of the City. 7th Avenue SW is among Calgary’s most important transit corridors as it transports the LRT through downtown. It is one of the most heavily travelled corridors in the City, used daily by tens of thousands of Calgarians. It also forms part of the first impression of downtown for many visitors to Calgary, as it is a component of the City’s Civic District, anchored by the Municipal Building, Olympic Plaza, the new Central Library, and Stephen Avenue. -
2015 Accountability Report
2015 Accountability Report Table of Contents Opening Message 1 Awareness 25 About Calgary Arts Development 2 Governance 26 Community Investment 3 People 29 Engagement 12 Committees, Assessors and Volunteers 31 Spaces 20 2015 Program Partners IBC Sylvie Moquin, Valentia Dimitriou, Caitlin Unrau, Natalka Lewis, Jessalyn Britton and Laura Barcelo perform in Corps Bara Dance Guild’s Cleansing . Photo: Char G Photography, courtesy of Corps Bara Dance Guild The world is changing—our diverse population and the use of digital technologies are bringing new opportunities for cultural expression and creative practices, both as hobbies and as careers. Opening Message We are seeing signs that the arts are becoming more central The arts are becoming more central to the identity of our city to the story Calgary is telling and more central to people’s lives. and to the way we host guests, such as Animate the Avenue, which was a signature Calgary experience provided at the Proof of this can be found in the boom of new cultural Community Foundations of Canada conference hosted by the facilities that opened in 2015, or were close to completion, Calgary Foundation. The Calgary Foundation has identified including the Evergreen Community Space, the Bella Concert the platform of Living a Creative Life as a vital priority in their Hall, the DJD Dance Centre, the Calgary Film Centre, recently renewed focusing document. And Calgary Economic cSPACE King Edward, and the National Music Centre. Proof Development tells us that attracting a creative workforce is can also be found in the multiplicity of ways people are of primary importance to Calgary businesses. -
Dragon City Mall
FOR SALE > Dragon City Mall #202, 328 Centre Street SE, PROPERTY HIGHLIGHTS Calgary, AB > 3 storey office / retail condominium LEIGH KIRNBAUER > Centrally located on the corner of Centre Street 403 298 0408 and 4th Avenue [email protected] > Within 3 blocks of the LRT line > +15 connection across the street in F1RST Tower COLLIERS INTERNATIONAL or Asia Pacific Centre Royal Bank Building, Suite 900 335, 8th Avenue SW, Calgary, AB > Second floor unit (202) available consisting of 403 266 5544 1,476 square feet www.collierscanada.com FOR SALE > #202, 328 Centre Street SE SITE BUILDING DESCRIPTION > 328 Centre Street SE > Legal Description: Condominimum Plan 9711528, Units 31, 32 and 33 > 83,486 square feet total square feet > 27,829 square foot floorplate > 3 storeys BUILDING AMENITIES > 97 underground parking stalls in the building available on a hourly, daily or monthly basis > Numerous services and retailers in the building and immediate area UNIT DETAILS > Second floor unit (202) available consisting of 1,476 square feet > Layout consists of 2 offices, server room, kitchen, washroom and open area for approximately 12 - 14 workstations > Utilities separately metered (approximately $225 per month) > 2015 property taxes $5,145.41 or $429 per month > 2015 condo fees $1,422.75 per month LISTING PRICE $349,000 FOR SALE > #202, 328 Centre Street SE SITE PLAN CENTRE STREET SUITE 202 - 1,476 SQUARE FEET CONDO FINANCIAL - OWN VS LEASE Owning Scenario Leasing Scenario Total SF 1,476 Total SF 1476 Price per SF $236.45 Lease Term 5 years Purchase Price $349,000 Annual Rate Per SF $15.00 Down Payment $104,700 Annual Lease Cost $22,140.00 Mortgage Amount $244,300 Net Savings on Own vs. -
Crude Optimism Romanticizing Alberta’S Oil Frontier at the Calgary Stampede Kimberly Skye Richards
Crude Optimism Romanticizing Alberta’s Oil Frontier at the Calgary Stampede Kimberly Skye Richards An immaculate young woman regally waves at a sea of enthusiastic fans. Perched on her head is a white cowboy hat embellished with a tiara that has “Calgary Stampede Queen” written on it in rhinestones. She is a vision of “westernness” in cowboy boots, a buckskin skirt and jacket, and turquoise jewels. Her express purpose this hot July afternoon is to welcome the 115,000 folks attending the “Greatest Outdoor Show on Earth,” the Calgary Exhibition and Stampede. She is a “welcome figure,”1 like those white-cowboy-hat-wearing individuals in the Calgary air- port who stand in the arrivants’ path and greet travelers. These performances of western hospi- tality amount to a performance of power: the assertion of settler rights to land.2 They are just 1. I borrow this term from Stó:lō scholar Dylan Robinson’s essay “Welcoming Sovereignty,” which examines Indigenous sovereignty and gestures of welcome that take place in spaces of transit and gathering (2016:24). 2. In using the term “settler” to describe non-Indigenous people living in western Canada, I am referring to the idea within settler colonial studies that being a settler is not an identity, but a structural position and experience of power and privilege. Settlers settle into land appropriated by imperial nations and create independent homelands for themselves. They are defined by conquest; they are “founders of political orders and carry their sovereignty TDR: The Drama Review 63:2 (T242) Summer 2019. ©2019 138 New York University and the Massachusetts Institute of Technology Downloaded from http://www.mitpressjournals.org/doi/pdf/10.1162/dram_a_00839 by guest on 26 September 2021 Student Essay Contest Winner Kimberly Skye Richards is a PhD Candidate in Performance Studies at the University of California-Berkeley. -
205 - 5Th Avenue SW, Calgary, AB
FOR SUBLEASE - BOW VALLEY SQUARE II 205 - 5th Avenue SW, Calgary, AB Eric Horne, Principal Jason Kopchia, Associate 403.232.4339 587.293.3361 [email protected] [email protected] PROPERTY SUMMARY LOCATION AVAILABLE SUITES A rare sublease opportunity in one of Calgary’s most recognizable 1600: 13,560 sf LEASED office complexes. Bow Valley Square is centrally located 1800: 13,460 sf Immediately Downtown with connection to the Plus 15 network. The complex 1900: 13,599 sf Immediately is less than one block from the C-Train line and has direct access to 2000: 13,636 sf Immediately 3400: 13,836 sf Immediately major thoroughfares and numerous bus routes. Bow Valley Square 3500: 13,981 sf Immediately boasts two stories of various amenities and is a short walk to TD 3600: 13,981 sf LEASED Square through the Plus 15. EXPIRY March 30, 2021 Headlease Wrap Available FEATURES OP. COSTS $18.93 psf (2020) Plus Downtown Core location, PARKING 15 connected to the Plus 15 CONNECTED Ratio 1:2,000 sf 15% reserved unreserved at $495/m - reserved at $585/m Easy accessibility BUILDING COMPLEX AMENITIES INCLUDE: from Main Thoroughfares RESTAURANTS/FOOD FINANCIAL A&W Canada CIBC Analog Coffee Credit Suisse AG Excellent LRT & Transit Butcher and the Baker Manulife Financial Options Hankki RBC Royal Bank Olly Fresco’s Société Générale Capital Inc. Starbucks Taco Time HEALTH Close to Pathway Tim Hortons Bow Valley Chiropractic System Township Bar & Grill Bow Valley Dental Verona Pizza The Bow Valley Club The Downtown Sports Clinic Vo Kitchen & Bar Retail, Restaurants SERVICES & Professional Services Aero Travel Best of Seven Barbers Bow Valley Child Care Gateway Newstand Fitness Centre on site Licensing Co. -
Calgary Municipal Land Corporation (CMLC) Contacts: Kate Thompson, VP Development [email protected] Website
Private and Confidential. For X-Culture use only. 2019 X-Culture Global Business Week, Calgary, Canada Updated June 8, 2019 Challenge Presented by: Calgary Municipal Land Corporation (CMLC) Contacts: Kate Thompson, VP Development [email protected] Website: https://www.calgarymlc.ca/#home-intro THE CITY OF CALGARY The City of Calgary is referred to as the “Gateway to the Rockies”. Calgary sits in the sunny eastern foothills of Canada’s Rocky Mountains, where the Bow and Elbow rivers meet. It is the major urban center for the entire southern half of the province of Alberta, and is surrounded by an area of profound beauty with an unspoiled, resource-rich natural environment. It is no surprise to Calgarians that their home has been ranked among Top 5 most liveable city in the world by The Economist Intelligence Unit every year between 2009 and 2018 (#4 in 2018). The population density in Calgary is low, the quality of life is high, and housing abundant. Calgary’s population is young, well educated, entrepreneurial, community minded, generous and well paid. As individuals, Calgarians are family-focused, recreation lovers, that are committed to a healthy work-life balance. As citizens, Calgarians are enthusiastic supporters of community organizations: there are more volunteers in Alberta than the national average. The top priority of most Calgarians is sustaining the city’s superb quality of life. This means ensuring the economic, environmental, health and wellness, recreational, educational and social service advantages that Calgarians have today will be here in the future. A few helpful Calgary websites: Life in Calgary: www.lifeincalgary.ca/moving/calgary-facts Tourism Calgary: www.visitcalgary.com 1 BACKGROUND INFORMATION Calgary Municipal Land Corporation (CMLC) was incorporated in 2007 as a wholly owned subsidiary of the City of Calgary to implement and execute the Rivers District Community Revitalization Plan – a public infrastructure program approved by the City of Calgary and the Province of Alberta to kick-start Calgary’s urban renewal. -
Imperial Bank of Canada Building Doll Block Building 100 8Th Avenue SE 116 8Th Avenue SE for SALE
Two historically relevant character buildings on Stephen Avenue Imperial Bank of Canada Building Doll Block Building 100 8th Avenue SE 116 8th Avenue SE FOR SALE LOCAL FOR MORE INFORMATION c: 403-804-4094 • p: 403-290-0178 Kelly Carver EXPERTISE OR TO VIEW: [email protected] VICE PRESIDENT, ASSOCIATE BROKER MATTERS www.barclaystreet.com The IMPERIAL BANK OF CANADA building is The DOLL BLOCK was built by Louis Henry a three-storey property situated along downtown Doll, a successful jeweler in 1907 to be his Calgary’s historic Stephen Avenue Mall. It embodies store called “Doll’s Diamond Palace”. the Neoclassical architectural style and features a rough-faced sandstone exterior, decorative sandstone Designed by architects Dowle and Michie, the shields, a roofline cornice underlined by block Doll Block is exceptional for its elegant design modillions, and a parapet. and use of materials. Its distinct projecting window (known as an oriel) and its seashell The heritage value of the Imperial Bank of Canada shaped lunettes (or curved shaped sandstone building lies in its impressive Neoclassical architectural decorations) was completely refurbished in style and its reflection of the dynamic commercial 1994 and awarded a Community Heritage growth of Calgary at the turn of the century. plaque in 1997 BROOKFIELD PLACE TELUS SKY THE BOW HYATT REGENCY CALGARY CENTRE STREET TELUS CONVENTION HUDSON’S BAY CENTRE THE IMPERIAL BANK THE DOLL BLOCK OF CANADA STEPHEN AVENUE CALGARY MARRIOTT DOWNTOWN STEPHEN AVENUE AND GEHL THE IMPERIAL BANK OLYMPIC PLAZA CENTRAL LIBRARY STUDIO’S PROJECT OF CANADA New design for the entire length of Stephen THE DOLL BLOCK Avenue, from 11 Street S.W. -
Download Leasing Brochure
WHERE THE NEW DEFINITION OFFICE OF OFFICE LIFE It’s a first for Calgary: Class A office space in the downtown core, with a brand-new way to work. An entire floor at the Plus 15 level dedicated to SPACE the employee experience. Space to lounge, relax, collaborate, meet, eat, and exercise. Room in each day for wellness, social connection, and the pleasure of business. Market-leading focus on employee health and safety. Space to enjoy the PUTS views. A new way to attract and retain the best talent – with office space that puts people first. This is where work meets life. Where people and companies thrive, and office life takes on a whole PEOPLE new meaning. FIRST 1 2 WORK, MEET LIFE Step on to the Plus 15 and into a new definition of office life. An entire floor of amazing amenities, designed to put people first. COLLABORATE PLAY Spaces to connect, Pool table beats boardroom table brainstorm and inspire. for a casual meeting of minds. 3 4 LOUNGE Relax and enjoy a moment with colleagues. 5 6 MEET ENJOY SWEAT Beautifully designed Fresh air and great views from An incredible gym seconds from your boardroom space invites the activated outdoor terrace. desk, for workouts whenever you want. the exchange of ideas. 7 8 HEALTH AND PERSONAL TENANT HEALTH, SAFETY AND WELLNESS SAFETY FIRST Hines takes the utmost care to ensure the health, safety, and well-being of our tenants and visitors. With a global presence in 225 cities and 25 countries, Hines has a unique AIR QUALITY ability to leverage global best practices to ensure First Tower is operated in Efficient HVAC systems and the installation a best-in-class manner to keep tenants and employees safe, healthy, happy, of MERV-13 air filters throughout First Tower and productive. -
Q3 2019 Point of View Downtown/Beltline Office Market
Q3 2019 Point of View Downtown/Beltline Office Market An Insight into the Calgary Office Market Q3 2019 Point of View Table of Contents 1. Market Overview 2. Market Forecast 3. New Developments 4. Additional Graphs and Tables 5. Appendices A: Class AA Office Vacancy B: Class A Office Vacancy C: Class B Office Vacancy D: Class C Office Vacancy E: Beltline Office Vacancy F: Kensington Office Vacancy G: Inglewood Office Vacancy H: Mission Office Vacancy I: Class AA Parking & Operating Costs J: Class A Parking & Operating Costs K: Class B Parking & Operating Costs L: Class C Parking & Operating Costs M: Beltline Parking & Operating Costs Secure Energy recently completed a new transaction in Brookfield Place - East Brookfield Place - East Q2 2019 Point of View Market Overview Downtown Office Market What will be required to really move the market is significant absorption to the tune Downtown Supply of +1M square feet and we don’t forecast 43,839,998 sf this type of growth in the foreseeable future. Well, here we are – five years into this 20.15% we have seen an increase in occupied “downturn”. To be frank, it has proven difficult Class AA space of 1.6M square feet. This is to write anything new about the market given significant, especially considering we have it has been range-bound for so long. Class AA added 1.5M sf of Class AA inventory over this Downtown Vacancy vacancy sits at 17.24%, Class A 24.07%, Class time. With this positive absorption, Class AA B 37.44% and Class C 28.58%.