Calgary Minute: Eau Claire, Energy Park, and Herald Building Sold
Calgary Minute - Your weekly one-minute summary of Calgary politics
This Week In Calgary:
There will be a City Council meeting on Tuesday at 9:30 am. The agenda includes the 2023 Business Improvement Area Budgets and Enabling Bylaws, an update on the Administrative Penalties System Program, an update on the Anti-Racism Program, amendments to procedure bylaws for Council Committee Agenda Setting, and a presentation on the Vehicle-for-Hire Update.
Also at this meeting, a Notice of Motion will be brought forward directing Administration to bring recommendations for amendments to the Business License Bylaw and other regulations as appropriate to regulate any person or business in possession of a catalytic converter.
- The Calgary Planning Commission will meet on Thursday at 1:00 pm. Several land use amendments are on the agenda. The Green Line Board will meet on Friday at 1:00 pm. No agenda is available for this meeting yet.
Last Week In Calgary:
The City of Calgary reached an agreement to acquire land for a new Green Line LRT station, which will be built at the site of the Eau Claire Market Shopping Centre. The mall will remain open until next year, after which it will be demolished to make way for the new station and future development. Harvard Developments, which owns the mall, said the next phase of the project will include planning applications to reflect the new station and that the site will be a mixed-use development, including a residential component.
Green Impact Partners (GIP) has been granted permission by the City of Calgary to commence construction on the $1.2 billion Future Energy Park, scheduled to begin this spring. The project aims to use non-food-grade wheat to produce renewable natural gas, ethanol, and cattle feed. The facility will generate revenue for the City through taxes, estimated to be around $50 million annually. Additionally, rural wheat producers are expected to benefit from around $150 million in direct revenue each year. The company aims to open the park by 2025.
- The Calgary Herald building has been sold to U-Haul Canada for $17.25 million. The 90,000-square-foot building was previously used as the newsroom for the Calgary Sun, which joined the Calgary Herald under the Postmedia umbrella in 2016. U-Haul Canada will use the building for self-storage and truck rentals.
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