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A new office-to-residential building conversion is nearing completion on the west end of Downtown Calgary as it's set to kick-start a new era of affordable housing opportunities.
Thom Mahler, the city’s director of the downtown strategy, said despite the infusion of municipal funds, the companies involved are taking on a “huge risk” in the projects.
Meanwhile, another southwest Calgary conversion is shifting gears from residential to hotel.
Meanwhile, another southwest Calgary conversion is shifting gears from residential to hotel.
The city will be on the hunt for fresh funding as it looks to renew its downtown office conversion.