Trading one of Calgary’s historic landmarks for another, Calgary Municipal Land Corporation (CMLC) – the organization responsible for transforming East Village into one one of the city’s most sought-after neighbourhoods – has relocated its offices from the Hillier Building to the historic St. Louis Hotel right across the street.
Today, the City of Calgary and Calgary Municipal Land Corporation (CMLC) – the organization leading the transformation of East Village into one of Calgary’s most sought-after addresses – are delighted to unveil a new Music Pavilion on RiverWalk near Fort Calgary, gifted to the citizens of Calgary by our sister city, Quebec City.
Less than a decade after Calgary Municipal Land Corporation (CMLC) accepted the challenge of redeveloping and revitalizing East Village and the Rivers District, Calgary’s original neighbourhood is rising rapidly skyward as one of Calgary’s most sought-after inner-city neighbourhoods.
And as FRAM+Slokker breaks ground on another East Village condominium tower, the array of cranes and construction vehicles in full swing in downtown Calgary’s east end is set to grow once again.
The 288-unit tower, called Verve, is the first residential project along The Riff – the diagonal thoroughfare through East Village that connects residents from the southwest side near the new National Music Centre to the landing of St. Patrick’s Bridge on the opposite side of the neighbourhood.
$500 MILLION RETAIL/RESIDENTIAL PROJECT BREAKS GROUND IN EAST VILLAGE
In 2007, when Calgary Municipal Land Corporation (CMLC) accepted the challenge of bringing Calgary’s oldest (and arguably most neglected) neighbourhood back to life, plenty of Calgarians scoffed with skepticism, many of them muttering “We’ve heard that one before.”
Less than a decade later, the new East Village is rising skyward as one of Calgary’s most sought-after inner-city neighbourhoods – and as a powerful testament to what vision, determination and strategic partnerships can achieve.
Calgary Municipal Land Corporation and Calgary Stampede have been neighbours, literally, since 2007 when the development company moved into East Village and began to deliver a master plan vision for the East Village neighbourhood. Like all good neighbours, the two organizations have had many occasions over the years to collaborate on the delivery of several infrastructure programs and community partnerships.
Today, Calgary Municipal Land Corporation and Calgary Stampede announced they have signed aMemorandum of Understanding to collaborate on the advancement of the master plan of Stampede Park.
CALGARY’S AILING ECONOMY HASN’T HALTED MOMENTUM OF EAST VILLAGE REDEVELOPMENT
With four major projects ready to break ground, East Village will be 2016’s silver lining
With oil prices plummeting and the Canadian dollar dangling at a 13-year low, you could reasonably expect Calgary developers to slow right down on construction spending and put the brakes on project starts.
“Instead, our developer partners in East Village are keeping the pedal to the metal on all their planned projects for 2016,” says Michael Brown, President & CEO of Calgary Municipal Land Corporation (CMLC) – the organization responsible for transforming East Village into Calgary's newest, oldest, coolest, warmest neighbourhood.
Since 2007, Calgary Municipal Land Corporation (CMLC) has been advancing an ambitious redevelopment vision for what was once one of Calgary’s most downtrodden neighbourhoods – East Village. As the fully redeveloped and revitalized East Village now rises skyward, CMLC is assisting the City of Calgary by providing a comprehensive investigation and assessment of the extent of the environmental contamination of West Village in order to determine if the community can be transformed into a vibrant mixed-use neighbourhood.
In April 2012, CMLC inked a major land deal with Widewaters Group, a USA-based commercial real estate development firm, to build a dual-branded Hilton hotel along 4th Street SE – the commercial node of East Village. The 320-room hotel, which combines the brands of Hilton Garden Inn and Homewood Suites under one roof, will have a south-facing rooftop terrace with pool and fitness facilities, convention services and two levels of underground parking.