Life downtown: a strategy to encourage market-rate housing in Calgary's downtown
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AbstractThis Master's Degree Project (MDP) looked at ways that the Calgary City Council and planners can foster market-rate housing developments in the City's central business district (CBD). The policy objects are two fold: to increase the vitality of the 'dead' downtown core after business hours and to decrease some of the pressure on suburban development leading towards a more sustainable city. The MDP's purpose was to describe some strategies that could work for the City to increase the number of residential units in the CBD after examining the approaches for other Canadian and American cities. Attitudinal interviews were held with some members of the downtown residential development industry and with some of the Aldermen who were available for comment. The conclusions drawn suggest that it may only be a matter of timing before the market in Calgary is at a stage where the CBD becomes attractive enough to support housing developments. Some citizens of Calgary are already beginning to see the benefits of living in downtown; whereas, it will just take longer for other to accept residences in the Central Business District.
Bibliography: p. 125-130