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Real Estate (Central)
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FREE may 24 to may 30 2013 issue 03-20
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Western Values
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City asking public their wishes for Downtown West redevelopment Cody Stuart managing editor
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central farmer’s market; a revitalized shopping district; a haven for pedestrians and cyclists – these are just a few of the ideas being suggested for the redevelopment of the western end of downtown Calgary. Located next to the Bow River, Millennium Park, the central business district and the first stop on the city’s new West LRT line, the community of Downtown West is up for a new area redevelopment plan (ARP) that could help reshape the area. “It’s an area that’s transitioning from some of the historical uses. There are some car dealerships – some that are in operation and some that aren’t,” said Matt Rockley, planner with City’s Land Use Planning & Policy department. “While the area does have some significant high-density residential development, there’s lots of opportunity for redevelopment in the area also.” To help gauge just what that redevelopment should entail, the City is gathering public feedback in the form of a website where Calgarians can share their ideas. Having held public meetings, the City launched mydowntownwest.com this month. Since then, community residents have contributed ideas, such as improving the development of local shopping amenities and suggesting options for the future of the old Calgary Planetarium site.
downtown west A3
The city is collecting input for a new area redevelopment plan for the Calgary community of Downtown West. cody stuart, Managing Editor
$510,834
$518,392
$518,452 $496,579
$496,636
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$492,777 $468,360
$475,272
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$472,465
APR11 MAY11 JUN11 JUL11 AUG11 SEP11 OCT11 NOV11 DEC11 JAN12 FEB12 MAR12 APR12 MAY12 JUN12 JUL12 AUG12 SEP12 OCT12 NOV12 DEC12 JAN13 FEB13 MAR13 APR13
$438,683
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$470,655 $455,399
$466,167 $453,969
$455,849
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$502,065
SINGLE FAMILY
MLS® AVERAGE PRICE* APR ‘11 – APR ‘13
*All statistics based on monthly data compiled by CREB® via MLS® activity.
contents
Canadian housing market pulls off ‘fabled soft landing’
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report from BMO Chief Economist Douglas Porter states evidence continues to mount that the Canadian housing market seems to have pulled off a “fabled soft landing”. Existing home sales in the country increased 0.6 per cent in April meaning annual year-over-year decline was only 3.1 per cent.
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