What Chad posted in just a small sliver of projects in the works. There are proposals for every significant piece of land across the City Centre (Beltline, CBD, Eau-Claire, East Village etc) by national developers and pension funds. Like Vancouver, Cgy posters don't post a lot of the proposals here and if they do you might see them once or twice, not everyday whether they're happening or not.
Wonder if this entrepreneurial city will come through with big growth in other industries, as the oil industry will stagnate for a long time by the looks of it. Another discussion though.
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Originally Posted by Delirium
a city can have a lot of 'proposals' but whether they go to market or not is a different story. calgary home sales in june are down nearly 22%. i don't think people are rushing out to buy new pre-sales condos right now so there's going to be a correction for sure. price declines are seen across the board in calgary now.
doubtful most of these proposals will come to fruition in the foreseeable future. not until oil posts some major gains which doesn't appear to be happening anytime soon.
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