The Record · Calgary Morning Wire

Your city's parks are valued at $56M. What does that mean for you?

Your taxes are paying for WHAT parks?

Alright Calgary, Cassidy Redcloud here, and we've got a fresh look at what's been shaking down at City Hall. The latest intelligence from our real-time monitors, pulled at 2026-04-10T11:51:23.207Z, shows some interesting stuff, especially when you dig into those property assessments.

### Parks and Property Values

You know how we talk about our parks, right? Well, the City's property assessment data is showing some pretty wild numbers for some of our green spaces. Canada Olympic Park, for example, has three properties with an average assessed value of $56,093,333. And Nose Hill Park? Seven properties averaging $40,863,286. Now, for real though, it makes sense that these massive parcels of land would have high values, but it's a stark reminder of the sheer scale of public land we have, and what that land is *worth* on paper. It's not just a patch of grass, it’s a significant asset.

Meanwhile, this week’s development report shows 15 new commercial or construction permits issued across Calgary. That’s a steady hum, not a boom, but it means shovels are still hitting the ground. The Calgary Planning Commission, on March 12, 2026, saw multiple motions carried by commissioners like Nathan Hawryluk and Thom Mahler regarding various reports (CPC2026-0209 and CPC2026-0143), pushing development forward. What this all boils down to is that Calgary's growing, and those property values, even for our parks, reflect that constant churn. Keep an eye on how these assessments influence budget talks down the line; it’s bound to be a conversation.

This is Calgary — we've seen the boom, we've seen the bust, and we showed up anyway. Cassidy Redcloud, MiTL Sports Desk.

You know Keith and the crew are gonna have some thoughts on this. Tune in to mornings.live to catch it.

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