Radius Rising

Condo project in Bridgeland is a welcomed sign of progress for Bucci Developments

When Mike Bucci completes his Radius condo project in early 2019, it’s unlikely to be the end of his company’s love affair with The Bridges — a redevelopment in the north inner-city neighbourhood of Bridgeland.

In fact, the vice-president development for Bucci Developments says when the City puts the remaining three parcels of land in the last phase of The Bridges on the market he will be first in line to buy.

“We’re calling the City every day telling them we’re interested,” he said. “We love Bridgeland and it’s a pretty special site.”

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Housing market shows signs of rebound

With new home starts down, inventories are stabilizing

New home construction in the Calgary region continues to be negatively affected by a struggling economy that has slowed down the pace of activity in the past two years – and more of the same is expected this year.

Canada Mortgage and Housing Corp’s Richard Cho, principal market analyst for Calgary, says the pace of activity was starting to stabilize in the single-detached market as 2016 progressed.

‘‘But on the multi-family side we saw inventory levels steadily rising throughout the year and they’re pretty elevated levels for Calgary and they’ve had an impact on the number of new projects breaking ground last year,’’ said Cho.

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Life House Trinity

Three Calgarians breathe life into former convent

A cool redesign is transforming a former convent in Calgary’s inner-city into a haven dedicated to seniors experiencing Alzheimer’s and dementia. Called Life House, the pilot project is the brainchild of Sano Stante, Cory Krygier, and Twyla Hayes, three Calgarians who are passionate about sustainably reshaping established Calgary communities, and reconfiguring the look of elder care.

“Our focus is on providing a high quality of life and maintaining social integration with the community,” said Sano Stante, president Sano Stante Real Estate Inc. and former president of CREB®.

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Mortgaging to fight mortality

Mortgage company helps fight kidney disease with fundraising program

Dave Kelly set out to help his friend raise money for charity in Lethbridge.

But within a few months, his idea – the Kidney Mortgage, a fundraiser for the Kidney Foundation of Canada – had grown bigger than he ever imagined.

“It started off as something small,” said Kelly, a mortgage associate with Dominion Lending Centre Mortgage Excellence in Lethbridge. “But the idea has really been taking off.”

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To educate and protect

New mobile-friendly Home Buyer’s Guide helps educate and protect Alberta consumers

A new resource from the Real Estate Council of Alberta provides a step-by-step guide to anyone thinking of buying a home in Alberta.

The Home Buyer’s Guide, located online at www.homebuyersguidealberta.ca, gives Albertans a perspective unique to the province. Featuring a wealth of information and advice, it provides helpful tips on everything from determining if you can afford to buy, to finding a real estate professional, to what to expect on possession day.

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