Getting in hot water

miles

New water heater technology and incentives are making tankless systems feasible for more Calgarians

here’s nothing better than being in plenty of hot water. Not the metaphorical kind, the real stuff. If you’ve ever felt the shower go cold while you’re still covered with soap and shampoo, you know what I mean.

But new water heater technology is helping reduce the likelihood you’ll run out of the hot stuff, while providing environmental and money-saving benefits.

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Up, up and away

East Village development is in full swing as master plan takes shape

The ambitious master plan and vision for East Village, which was years in the making, is bearing fruit these days with an unprecedented level of construction taking place and more to come.

Two key blocks in the neighbourhood are the next big projects for Calgary Municipal Land Corporation, which is spearheading development in East Village.

Susan Veres, senior vice-president of strategy and business development for CMLC, says COPEZ has plans for the East Village Courtyard, which is before the City right now for permits, and it will include two rental towers of about 600 units, a mid-rise market product with about 100 units, and an office building.

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A Transition in the Making

Detached sales activity boosts February housing market

After the first two months of the year, Calgary’s detached sector continues to drive a slow transition in the housing market.

February sales totaled 1,342 units, which is still 19 per cent below long-term averages, but an improvement over the past two years.

As sales kept trending upward, detached inventory levels continued to ease in February. These conditions caused months of supply to fall to 2.4 months, putting less downward pressure on pricing.

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Urban living, Currie style

Major infrastructure and landscaping changes pave the way for Currie development

A new, major interchange is in full operation, with infrastructure built and the next stage of the massive Currie mixed-use development ready for launch.

“Last year we were focused on infrastructure. We started and completed the Flanders Avenue interchange,” said Chris Elkey, senior director, real estate, Canada Lands Company (CLC), which is overseeing the project. “So that opened last fall. We had a big community event and it was a big success. It’s operating. We’re going to do the landscaping on it this year but for all intents and purposes it’s opening and operating as it was designed to do.”

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Discover the University District

These are exciting times for James Robertson as he watches the massive University District mixed-use development rise from the ground in northwest Calgary.

As president and chief executive officer of West Campus Development Trust, which is spearheading the impressive project, Robertson proudly points to some recent accomplishments as a clear indication that this proposal is now well on its way and not just a grandiose plan.

A roadway off of Shaganappi Trail N.W., leading directly to the site, opened at the beginning of December, providing easier access. A Discovery Centre opens March 11, which will include a 3,000-square-foot information area about the project as well as two areas that are 1,000-square-feet to serve as sales centres and show suites for builders Truman and Brookfield Residential.

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