The City of Calgary has approved an initial $200 million for a new downtown plan

Downtown must transform towards a more balanced mix of residential, office, retail, entertainment, tourism, and culture. The City and its downtown partners must make the bold moves required to shift from vacancy to vibrancy. An initial investment of $200 million is focused on areas that will start to lower office vacancy, improve downtown vibrancy, and support the development of thriving neighbourhoods that attract residents, visitors, and talent for downtown’s businesses