The 5 Most Expensive Calgary Developments Completed In 2022

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Calgary saw the completion of some major developments in 2022. Here are the biggest - or at least priciest. cityofcalgary | realestate Calgary developments construction realestatenews

building permits issued in 2021, with a total construction value of $5.7B, 2022’s totals were still well above the 10-year median of 16,598 reported by the City last year.

Calgary City Council approved over $375M worth of new community investments last year, which the City says will help accommodate nearly 490,000 people over the next 20 to 30 years, as Calgary — and Alberta at large — continue to see an influx of CanadiansAccording to Statistics Canada data published in December, Alberta saw a net gain of 19,285 people from interprovincial migration in Q3 2022.

“The City processed a large volume of permit applications and inspections in 2022,” added Ulrik Seward, Manager of Business and Building Safety. “To support the growing demand we’ve realigned planning and approvals expertise, inspection services, and business supports into cross-functional teams to deliver upon and improve service delivery.”

 

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