Fresh start

New southwest community of Belmont offers new beginnings

Sitting just south of Silverado between 194th Avenue and 210th Avenue S.W., the new Calgary community of Belmont is touted as a quiet refuge on the edge of the city and a place for new beginnings.

“It’s a bright, modern community with a broad appeal for those looking for affordable quality in south Calgary,” said Steve LePan, development manager with Anthem United. “As the first new community in the area, it’s focused on affordable quality for first-time buyers or those new to Canada.”

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Housing market inventory on the rise

Prices remain stable compared to last year

As expected, slow sales this quarter have persisted through March in the City of Calgary. This is not a surprise, after stronger growth in sales at the end of last year following the announced changes to the lending market.

First quarter sales totaled 3,423 units, nearly 18 per cent below last year’s levels and 24 per cent below long-term averages. Easing sales and modest gains in new listings caused inventories to rise and months of supply to remain above four months.

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Innovation destination

International Avenue’s unique mix of individuals, businesses and ideas is one of a kind in Calgary

Every year, people from all over Calgary flock to 17th Avenue S.E. to take part in a foodie favourite event called Around the World in 35 Blocks.

The event sees people tour some of the many restaurants between 26th Street and 61st Street S.E., dubbed International Avenue, stopping to taste the cuisine, chat with restaurant owners and see cooking demonstrations.

The event is organized by the International Avenue Business Revitalization Zone (BRZ), and is a showcase for a shopping and dining district that rivals 17th Avenue S.W., but with a wholly different flavour.

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Population planning

City of Calgary report provides estimates for short-term growth in city’s suburbs

What’s Calgary going to look like in the next five years when it comes to growth and the housing market?

The City of Calgary’s Suburban Residential Growth 2017-2021 report sheds some light on where the city is headed in terms of population and housing growth over the short term.

The draft document is an interesting one, and it serves as a starting point of discussion as the City looks to sustainably increase its footprint.

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Back to the future

High hopes for high-speed hyperloop

They might not see eye-to-eye on much, but Calgary and Edmonton are united by their interest in the latest effort to bring high-speed transportation to Alberta. The hyperloop concept consists of pressurized aluminum pods travelling in tubes. Using magnetic propulsion and levitation, the system can exceed speeds of 1,000 km/h. Calgary to Edmonton in less than half an hour, anyone?

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