Calgary is accelerating downtown transformation with 10 new office-to-residential conversion projects, creating 1,100 homes for 2,000 residents and removing over 1.1 million sq ft of office space. Supported by $80.6 million from the City and federal Housing Accelerator Fund, these projects will generate $357 million in private investment, boost property values, tax revenue, and local business, enhancing downtown vibrancy and affordability.
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