CREEPY COMPOST

City encouraging pumpkin recycling

MUNICIPAL A6

Airdrie Feature

A8 ? A9

SERIES:

HAUNTED HERITAGE

A12

real estate news from industry experts

FREE oct 31 to nov 6 2014 issue 04-43 editorial 403-781-1324 advertising 403-263-4940 crebnow@creb.ca

RETAIL EMERGING

Shopping communities within communities popping up all over Calgary

KELSEY HIPKIN reporter/photographer All over Calgary, a trend has begun. Communities that once would?ve used a simple strip mall to provide residents with amenities are increasingly turning retail offerings into miniature town centres, plazas and High Streets, creating communities within communities. Brookfield Residential recently announced its southeast community of Seton would be throwing their hat in the power strip pile, with plans for more than 800,000 square feet of retail space. The community has broken down its shopping offerings into the Regional Retail District focusing on medium-to-larger format retailers; the Design District focusing on home décor and fashion boutiques, and Market Street, based in the core of the community with an ?eclectic mix? of specialty shops, boutiques, cafes and more. The new development in Seton is just a small piece of Calgary?s bustling retail pie. Earlier this year a report from global research consultants CBRE said Calgary?s retail market continues to outperform other Canadian centres fueled by record lion, with Alberta coming in at about in-migration, low unemployment and $79 million or 34 per cent higher than a young population with high disposable income. In the second quar- ?That?s super attractive to retail- the national average. ter of this year, retail sales increased ers,? he said. ?Calgary?s 2014 population is about 34 per cent of the 4.4 per cent. Retail consultant Ed Strapagiel province ?. That would put Calgary at projects Canada?s total retail sales about $26.9 billion for the years, but for the year at more than $500 bil- it?s probably a little higher because

SINGLE FAMILYSEP

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42 43 49 51 47 37 33 31 31 34

there?s more money in Calgary than other parts of Alberta. So that retail sales per capita are likely higher still than the provincial average.? All over Calgary, retail projects allowing residents from various communities to live, play and shop within a stone?s throw from their front step ? like Seton ? are under construction or MLS ® AVERAGE DAYS ON MARKET* SEP ?12 ? SEP ?14

SEP12 OCT12 NOV12 DEC12 JAN13 FEB13 MAR13 APR13 MAY13 JUN13 JUL13 AUG13 SEP13 OCT13 NOV13 DEC13 JAN14 FEB14 MAR14 APR14 MAY14 JUN14 JUL14 AUG14 SEP14

*All statistics based on monthly data compiled by CREB ® via MLS ® activity.

37 37 37 38 39 45 40 29 27 25 26 28 32 34 35

in the planning process. In late April, CREB®Now reported development plans for Currie Barracks in the southwest, including commercial space of 750,000 square feet and 30-storey residential towers. POWER STRIPS A3

PRENTICE ANNOUNCES RURAL ECONOMIC DEVELOPMENT ACTION PLAN

CREB® STAFF

The

Progressive Conservative party has turned its attention to rural Alberta in the lead-up to a provincial election with the announcement of an economic development action plan intended to strengthen the province?s rural economies. ?We want to further advance economic development in rural Alberta,? said Agriculture and Rural Development Minister Verlyn Olson. TOWNS A3 CODY STUART, Managing Editor Deerfoot Mall is being revitalized as Deerfoot City. The new development will include outdoor streets and plazas.

CONTENTS

NEWS BRIEFS

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POP THE QUESTION

. . . . . . . . . . . . . . . . . . . . . . . A4 John Wycoco

EVENT LISTING

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WEEKLY FEED

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NEW FOUNDATIONS

. . . . . . . . . . . . . . . . . . . . . . A7 Citizen Canada

MARKET

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A10

Real estate trends

COMMERCIAL

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A10

MORTGAGE RATES

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A13

MAP

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OPEN HOUSES

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B19

@crebnow /crebnow crebnow.com ELBow PArk SuNNySIdE MISSIoN - rIvErSToNE

$1,190,000 3601 6 ST SW

2700 sq. ft., centre hall, 2 storey sits quite comfortably on a 50? x 125? sunny corner lot with a west back yard in the middle of Elbow Park. The main floor consists of 4 very large principal rooms all of them enjoying windows on 2 walls, a powder room and a generous mud room/ rear entry. The upper floor has a sky lit hallway, a super luxurious very recent vintage house bath and 5 bedrooms. Newer oversized heated double garage accessed from the concrete paved rear lane. MLS ® C3638418

$915,000 510 MEMORIAL DR NW

Brilliant, bold and beautiful bungalow. Attention to detail and quality of design abounds. In 2009 the house was taken back to the studs and given new life - roof, windows, electrical, insulation, drywall, kitchen & bathrooms are all clean and modern. 3 beds up + 1 down, 3 baths, double attached garage and a large lower rec room + laundry. MLS ® C3641316 BRIAN MAHONEY & ROB PARK

$559,000 #401 318 26 AV SW

The fittings and finishes are almost entirely new, hardwood floor, quartz counters, mahogany millwork, gorgeous tile in this brand new/never been lived in thorough reno. MLS ® C3640572 Realtors® for your life

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