Additional downtown development incentives available as Calgary continues core revitalization

Pleased with how redeveloping Calgary's core has gone to date, the city is looking for new and broadened pitches to convert or demolish downtown office space. In addition to residential transformations, the city will consider grants for hotels, schools and performing arts spaces, post-secondary campuses and the tearing down of buildings not suitable for saving. "We are seeing great success from the initial phase of the downtown development incentive program. The ultimate goal is to create a thri