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Calgary working to create next wave of downtown office conversions

City provides funding intended to help transform almost 1 million square feet into nearly 1,000 homes
The city of Calgary is helping fund nine new office conversion projects, including this one at 510 Fifth St. SW. (CoStar)
The city of Calgary is helping fund nine new office conversion projects, including this one at 510 Fifth St. SW. (CoStar)
CoStar News
November 24, 2025 | 7:47 P.M.

Calgary has been one of the most aggressive Canadian cities in supporting office-to-residential conversions, as it looks for ways to help address the city's high downtown office vacancy rate.

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