Winds of change

Redeveloped Prairie Winds Park is a vital community hub in northeast Calgary

Wander into Prairie Winds Park in northeast Calgary any summer day and you’ll see children enjoying the wading pool, families playing cricket or having a picnic, and people on the tennis courts. In the winter, people are out tobogganing, skating and enjoying the great outdoors in the popular regional park.

Prairie Winds Park opened in 1990, but recently underwent a complete redevelopment, says Michelle Wong, who worked on the project as capital lead for Calgary Parks.

(more…)

Read More

Diverse development

Innovative University District set to fill area housing gap

The concept of an all-in-one community where residents can live, work and play was the inspiration for Calgary’s University District, a comprehensive 200-acre community featuring a mix of residential housing, office space, retail developments, parks and green space.

Under development in northwest Calgary, University District is a community that typifies shifting attitudes about the city’s expansion, says James Robertson, president and CEO of West Campus Development Trust.

(more…)

Read More

Thinking big

Commercial real estate investment represents unique set of challenges and rewards

Investing in commercial real estate could be considered the major league of real estate investment.
The skills required are greater, but so too are the potential rewards.

Greg Kwong, regional managing director for commercial real estate company CBRE in Alberta, says there is really no strict definition of commercial real estate – it can be a major office tower in downtown Calgary, a fourplex apartment building or anything in between.

(more…)

Read More

A fresh start

Chestermere’s local government gets a facelift, with new mayor and councillors on the job

In October’s municipal election, residents of the City of Chestermere elected both a new mayor and an entirely new city council. The fact that no incumbents were re-elected would have been notable, except that in Chestermere’s case, no members of the previous council chose to run again.

As a result, the new council is planning a fresh start for the community after several tumultuous years that saw rampant complaints from residents over utility rates that increased by more than 50 per cent in five years and property taxes that some homeowners claimed had doubled over the course of a decade.

(more…)

Read More