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Dream Office REIT gets busy transforming offices to apartments

Major Toronto property owner receives $11 million from Calgary to convert 16-floor tower into 166 residential units
Dream Office REIT has received $11 million from the city of Calgary to transform this office tower into 166 apartments. (CoStar)
Dream Office REIT has received $11 million from the city of Calgary to transform this office tower into 166 apartments. (CoStar)
CoStar News
August 13, 2025 | 2:48 P.M.

Dream Office Real Estate Trust is pumping new life into a pair of its Calgary commercial properties by transforming one office tower into apartments and moving the building's remaining tenants to an adjacent building it also owns.

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