Thanks to the heft of Alberta’s oil and gas industry, Calgary has always had an outsized downtown core for a city of 1.3 million, with double the amount of office space per capita of Toronto’s city ...
Since 2017, the office vacancy rate in downtown Calgary has steadily climbed, reaching 32 per cent in the first quarter of 2023. But Calgary is no longer alone in this trend. Office vacancies are now ...
Calgary’s high-profile effort to convert empty offices blew through a major milestone recently when the city paused the program after maxing out its funding. But the program is far from complete as ...
The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. A photo provided by ...
Calgary’s vacancy rate climbed 50 basis points to 30.7 per cent in the second quarter of 2025, continuing a trend despite a relative boom in oil prices in the past couple of years and local efforts to ...
The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Calgary’s office ...
The city’s 10 downtown-to-office-conversion projects, some of which have been hit by delays, will remove up to 1.1 million square feet of office space, amounting to 2.6 per cent of existing downtown ...