Articles from Storeys

The City of Edmonton has launched a new $15 million Downtown Student Housing Incentive program aimed at increasing downtown revitalization and off-campus student housing. Eligible developers can receive up to $30,000 per housing unit, provided projects meet certain criteria, such as costing over $10 million and residing in priority downtown zones. The program is part of the Housing Accelerator Fund, with funds scheduled for disbursement in stages as project milestones are met. The initiative targets improving access to affordable and safe student housing, particularly for low-income and equity-deserving students.

Located in Alberta’s Bow Valley, 118 Cairns Landing is a luxury estate combining modern opulence with the rustic beauty of the alpine environment. The property features over 4,000 sq. ft. of living space, including a main house and a guest residence, and boasts extensive outdoor areas with a heated pool. Positioned near Banff National Park and Canmore attractions, it offers both privacy and accessibility to outdoor activities, restaurants, and shops. Listed for $4,600,000, it represents a blend of architectural elegance and natural surroundings, ideal for a serene alpine lifestyle.

Truman and Marriott International have announced plans for two new hotel developments, the 69-storey W Calgary and the 62-storey JW Marriott Calgary, set to open by 2029 and 2030, respectively. These projects are part of Calgary's efforts to revitalize the Culture + Entertainment District and will be located on a site currently used as a parking lot. Together with a third, 13-storey hotel from the Autograph Collection, these developments will support over 9,100 construction jobs and create 2,000 ongoing jobs. The initiative will infuse over $1.47 billion in private investment into the area and contribute to local economic growth through increased tourism and spending.