Calgary Offers Possible Way Forward For Office Conversions
Calgary has instituted one of the most aggressive programs in North America to encourage the conversion of office space to residential buildings.
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Calgary has instituted one of the most aggressive programs in North America to encourage the conversion of office space to residential buildings.
One contractor says they haven't been paid in months and are owed over $300,000.
One contractor says they haven't been paid in months and are owed over $300,000.
Fewer Calgary offices are sitting empty than in the past two years, according to a new report from commercial real estate services and investment firm CBRE Canada.
Calgary's downtown office vacancy is expected to fall to about 28 per cent, which is still the highest among major Canadian cities