The 2022–2024 State of Downtown Report showcases Calgary’s transformation through community efforts and innovative projects. Key highlights include:
• $1 billion in public and private co-investment through Downtown Calgary Incentive Programs.
• $1.8 billion increase in downtown property values since 2022.
• 11 office-to-residential conversions creating 1,498 new homes for approximately 2,400 future residents.
• 12% decrease in downtown safety response calls.
• Historic high transit ridership, with over ten million trips in October 2024.
• Completion of the BMO Centre expansion, now Western Canada’s largest convention centre.
The report reflects a downtown on the rise, more livable, connected, and vibrant than ever. It’s a testament to what’s possible when we invest in spaces where people want to live, work, and thrive.
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