DIGITAL DOWNLOW
FIRST TIME HOME BUYERS
Can you see in 4K?
PAGE A6
Young Calgarian takes first big step into condo living
EFFICIENCY FOR ALL
Energy savings programs come to Alberta
PAGE A5
PAGE A4
FREE mar 10 to mar 16 2017 issue 07-09 editorial 403-781-1324 advertising 403-263-4940 crebnow@creb.ca
real estate news from industry experts
URBAN LIVING, CURRIE STYLE
With 5700 residential units and 245,000 square feet of retail space expected, Currie is being described as a mini downtown.
Major infrastructure and landscaping changes pave the way for Currie development
CREB®NOW
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new, major interchange is in full operation, with infrastructure built and the next stage of the massive Currie mixed-use development ready for launch. “Last year we were focused on infrastructure. We started and completed the Flanders Avenue interchange,” said Chris Elkey, senior
MLS® MONTH END INVENTORY* FEB ’15 – FEB ’17
with a diverse mix between single and multi-family homes. Elkey says the focus last year was on infrastructure and now this year CLC is turning its focus to land sales for both single-family and multi-family homes. CLC intends to sell land to builders with the intent that construction starts either later this year or early next year.
CURRIE A3
CALGARY’S CONTENTS INDUSTRY ‘RESILIENCE NEWS BRIEFS STRATEGY’ COMMUNITY MOVING AHEAD POP THE QUESTION
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Laneway Housing
A2
A3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A4
West Side Living
3765 4114 4493
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FEB15 MAR15 APR15 MAY15 JUN15 JUL15 AUG15 SEP15 OCT15 NOV15 DEC15 JAN16 FEB16 MAR16 APR16 MAY16 JUN16 JUL16 AUG16 SEP16 OCT16 NOV16 DEC16 JAN17 FEB17
4336
bunch of shell and utilities and service work. We installed a number of roads in the project that are permanent. What that did is set us up to execute on some land sales and some new construction in the first phases of the project.” The total number of residential units for the Currie project will be 5,700 on completion. The first two phases are either complete or under construction. There are about 600 residential units
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4990
5022
5533 5706 5641 5394 5141 5137 5215 5600 5623 5327
5681 6084 6242 6148 6004 5685 5656 5877 5427
CITY OF CALGARY
director, real estate, Canada Lands Company (CLC), which is overseeing the project. “So that opened last fall. We had a big community event and it was a big success. It’s operating. We’re going to do the landscaping on it this year but for all intents and purposes it’s opening and operating as it was designed to do.” “Along with that we had an infrastructure program on site. So we did a bunch of underground servicing – a
COURTESY CANADA LANDS COMPANY
CREB® STAFF
A
imed at making Calgary more buoyant in the face of adversity, Calgary’s Resilience Strategy has named deputy City manager Brad Stevens its Chief Resilience Officer (CRO). The CRO will lead the City’s resilience efforts and continue to engage those stakeholders, resilience experts and staff in drafting a comprehensive Resilience Strategy.
*All statistics based on monthly data compiled by CREB® via MLS® activity. Includes detached, attached and apartment.
Don Barrineau, Mattamy Homes
A4
BUYER PROFILE. . . . . . . . . . . . . . . . . . . . . . . . . . . . . A6 COMMUNITY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A7 Redstone
INDUSTRY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A7 Monthly Stats
MAP . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B1 OPEN HOUSES. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B21 SALES STATISTICS . . . . . . . . . . . . . . . . . . . . . . . . . B22 MORTGAGE RATES. . . . . . . . . . . . . . . . . . . . . . . . . B22
ADVERSITY A3
UPPER SCARBORO $739,900 BUNGALOW ON A HUGE CORNER LOT This solid bungalow is located in a quiet coveted location. The home has a central hall plan. Classic in layout, complete with a bright large family gathering kitchen, dining room and living room with a focal point fireplace. Two bedrooms upstairs, one down, plus a large spacious developed lower level, which features a large family room, corner fireplace feature, plus a laundry room, storage room and a 4-piece bath. The back yard is facing south with a west side corner exposure! MLS®C4092733
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LESLIE KISS 403-861-4035
lkiss@sutton.com sutton.com