Articles tagged with "Residential Building"

The town of Calmar has begun construction on its first apartment building in 50 years, spurred by an influx of people moving there. This trend is attributed to the province's overall population growth and the high cost of living in areas like Edmonton, which are pushing residents to seek more affordable housing in rural communities. The project highlights the shifting dynamics in residential preferences as people prioritize more economical living options.

Veterans’ House Canada is launching a new supportive housing project in Edmonton's Athlone neighborhood, which will provide 40 permanent homes for homeless veterans. This is the organization's second project, following a successful initiative in Ottawa, and it is backed by various government levels, private, and corporate donors. The project aims to offer affordable permanent housing coupled with necessary support services to address challenges like mental health, and community reintegration. The project signifies collective efforts in creating affordable housing solutions for veterans in need.

The federal government is investing $4.5 million through the Affordable Housing Fund to build supportive housing for homeless veterans in Edmonton. The project, located in the Athlone neighborhood, will feature 40 bachelor units with amenities like a fitness room and community garden. Veterans' House Canada, a national charity, will oversee the project, which aims to provide stable homes and tailored support services for veterans. The initiative highlights collaboration between the government and non-profit sectors to address affordable housing needs.

Calgary experienced a 9% decline in home sales this August compared to last year, according to the Calgary Real Estate Board. The high inventory levels in the market are contributing to this drop in the average selling price of homes. Overall, the real estate market in Calgary is facing challenges with decreasing sales and price reductions.

Edmonton city council has approved a master agreement for a new event park in the Ice District, with a 9-4 vote. The $408.2-million project will include 2,500 housing units and the demolition of the old Coliseum. Funding will come from the City of Edmonton, the Alberta province, and the Oilers' ownership group. The project is part of the Capital City Downtown Community Revitalization Levy, a financing tool extended by the council to support infrastructure developments.

The City of Edmonton, in collaboration with the Oilers Entertainment Group and the Government of Alberta, has approved a $408.2 million master agreement to develop the Public Event Park and the Village at ICE District. The project will include a new event park, 2,500 housing units, and demolition of the Coliseum, with funding contributions from each partner. The development aims to boost downtown vibrancy, economic opportunities, and stimulate private investment. Edmonton plans to use the Capital City Downtown Community Revitalization Levy to fund its share of the project.

The City of Edmonton has launched a Downtown Student Housing Incentive program, allocating $15 million to support the construction of student housing projects in the downtown area. The initiative aims to address the housing needs of students and encourage the development of suitable living spaces for them. This effort reflects the city's commitment to enhancing its downtown area and supporting the local student population.

A report from Concordia University examines potential policy reforms that could alleviate housing supply issues in major Canadian cities like Calgary, Vancouver, Toronto, and Montreal. It suggests that these reforms might help ease challenges in Calgary's housing market. The study emphasizes the need for strategic policy changes to boost housing availability. This could lead to improvements in the residential building sector in these urban areas.

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.

The SunRise Building in Edmonton, formerly known as Capital Tower, has undergone a deep energy retrofit that earned it a Guinness World Record for the largest Building-Integrated Photovoltaic (BIPV) mural. The project, led by Chandos Construction and partners, transformed the 1970-built structure into a modern, mixed-use space focused on affordable rental housing and reduced environmental impact. The mural, designed by Indigenous artist Lance Cardinal, integrates Indigenous and Chinese symbolism and covers the building’s facade, contributing significantly to its sustainable energy output. The retrofit led to significant GHG emission reductions and improved amenities, showcasing the potential of smart retrofits in urban revitalization.

The federal government and the city of Calgary are investing $75 million in an office-to-residential conversion project in downtown Calgary. The federal contribution of $64.3 million comes as a low-interest loan to Dream Office REIT, while the city is adding $10.5 million through its Downtown Development Incentive Program. The project will transform the former Barclay Centre into a 166-unit apartment building with various on-site amenities. The development is expected to be ready for occupancy by late 2027.

A funnel cloud was observed over Edmonton on Sunday as severe weather hit the area. An apartment building was struck by lightning amidst a slow-moving, low-pressure storm system. The storm prompted warnings and concern for additional severe weather conditions. Fortunately, there were no immediate reports of injuries or significant damage beyond the lightning strike.