Calgary City Council Approves Marda Loop Redev Project
Connect CRE

AI Article Summary
The Calgary City Council has approved a redevelopment project in the Marda Loop area led by Calgary Co-op and Truman. The development will feature twin multi-residential towers, alongside a new grocery store, retail, and commercial spaces. The project, named Marc and Marda Block, will also integrate affordable housing options, reducing the original unit count and height plans to mitigate sunlight impact. This venture is seen as a significant urban development opportunity due to its inner-city location.