Calgary to convert downtown office buildings to homes, hotel rooms

According to CBC News, the city of Calgary has announced its plans to convert three downtown towers into residential housing and hotel units.

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One new project was introduced at an event on Wednesday: The Dominion Centre at 665 Eighth Street S.W. in the west end of the core will be refitted to create 132 new homes, with a minimum of 25 per cent to be rented at affordable rates.

A second phase of the Palliser One project at 125 Ninth Avenue S.W. will convert 206,000 square feet of office space into 219 homes. Together with phase one, 395 one or two-bedroom units will be built from vacant space in the Palliser One building, making it the largest office conversion project to date in Calgary.

And the project at 833 Fourth Ave. S.W., a site that was originally approved as an office-to-residential conversion, the PBA Group of Companies has now revised its plans. The building's 168,000 square feet of office space will be transformed into the Element by Westin, a long-stay hotel with 226 suites.

These are the 13 conversion projects currently underway:

  • The Cornerstone: 909 Fifth Ave. S.W.

  • The Loft: 744 Fourth Ave. S.W.

  • Dominion Centre: 665 Eighth Ave. S.W.

  • Element Hotel: 833 Fourth Ave. S.W.

  • Eau Claire Place I : 525 Third Ave. S.W.

  • Barron Building: 610 Eighth Ave. S.W.

  • United Place: 804 Fourth Ave. S.W.

  • Eau Claire Place II : 521 Third Ave. S.W.

  • Neoma 706 Seventh Ave. S.W.

  • Palliser One: 125 Ninth Ave. S.W.

  • Taylor Building: 805 Eighth Ave. S.W.

  • Teck Place: 205 Ninth Ave. S.E.

  • Petro Fina Building: 736 Eighth Ave. S.W.

Read the full story here.

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