The Record · Calgary Morning Wire

They're eyeing Canada Olympic Park for development. What do you think?

Your City Hall is pushing development and you won't believe where

Well howdy, Calgary! Cassidy Redcloud here, coming to you live from the MiTL Sports Desk, checking in on what’s percolating down at City Hall. For real though, this week's intel from our civic monitor is showing some interesting movement on the development front, and it's not all where you might expect it.

This Week's Development Push

Our real-time monitor, updated as of 2026-04-07 at 12:01:53 UTC, shows that 22 commercial and new construction permits have been issued in Calgary this week. That's a decent churn, showing the city's still got that development engine running. But when you dig into the property assessment highlights, the real story starts to surface.

* Canada Olympic Park properties have an average assessed value of $56,093,333. * Nose Hill Park properties average $40,863,286. * Residual Ward 2, specifically Sub-Areas 2E and 2F, are clocking in with average assessed values of $28,060,556 and $25,577,500 respectively. * Symons Valley Ranch has one property assessed at $20,650,000.

What this tells me is that the focus isn't just on the downtown core or the established 'burbs anymore. We're seeing some serious valuation and, likely, future development interest around our green spaces and the edges of the city. That's big money being pumped into areas that have traditionally been more recreational or agricultural.

What This Means for Calgary

The Calgary Planning Commission has also been busy, with multiple motions carried on March 12, 2026, including votes from Nathan Hawryluk, Thom Mahler, Charles Boechler, Katherine Wagner, and Chris Hardwicke, all recommending that Council give three readings to various reports. These are the kinds of moves that pave the way for these high-value projects to actually break ground. This is Calgary — we've seen the boom, we've seen the bust, and we showed up anyway.

It feels like City Hall is really pushing to diversify where and how we grow, not just vertically but horizontally, too. Keep an eye on these areas, folks, because those permits and valuations are the first drill bits hitting the ground.

Cassidy Redcloud, MiTL Sports Desk.

You know Keith and the gang are already dissecting all this on the Morning Wire — get the full breakdown mornings.live.

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