Quote:
Originally Posted by Leondros
Is it really being neglected though? I am looking at a couple investments and hold land in South Calgary, Bankview and Mardaloop. All of these are seeing rowhouses, townhouses, and fourplexes on signal 50x120 parcels. I am looking at 2 projects right now - one a row housing development and one a four plex. Zoning and DP's are getting easier and easier.
I am talking 4 - 6 units on these that are functioning more like mini condo buildings. Calgary is doing a fine job of allowing for the zoning of these for R-CG and M-CG changes. The demand is there, not everyone wants to be out in the burbs.
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I actually think Calgary is making great strides forward. They do have to make up for a lot of past mistakes though (which is typical of almost all North American cities). Calgary still has lots of relatively cheap land in and around their core, which is unlike most cities its size. Basically, I don't think Calgary should let the opportunity to do the correct thing slip.