{"id":4,"date":"2026-08-31T14:00:00","date_gmt":"2026-08-31T14:00:00","guid":{"rendered":"https:\/\/www.davekube.com\/blog\/2026\/08\/31\/why-calgary-ab-conversions-still-work-professional-real-estate-agent-since-1978\/"},"modified":"2026-08-31T14:00:00","modified_gmt":"2026-08-31T14:00:00","slug":"why-calgary-ab-conversions-still-work-professional-real-estate-agent-since-1978","status":"publish","type":"post","link":"https:\/\/www.davekube.com\/blog\/2026\/08\/31\/why-calgary-ab-conversions-still-work-professional-real-estate-agent-since-1978\/","title":{"rendered":"Why Calgary AB Conversions Still Work | Professional Real Estate Agent Since 1978"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/dave-kube\/office-residential-conversions-f576\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>Calgary has led office-to-residential conversions, representing ~40% of activity over the past 5 yr while addressing persistent downtown office vacancy pressures locally.<br \/>\nA city grant of $75 per sq-ft at completion has helped make projects workable when buildings cost $50-$100 per sq-ft before construction.<br \/>\nConstruction still runs ~$300-$400 per sq-ft, and Calgary recently added $25M for another phase, with even stronger incentives now aimed at hotels.<br \/>\nLocal support has drawn private capital, with $4 invested for every $1 of grant funding, helped by Calgary&#039;s population spike and housing demand.<br \/>\nLooking ahead, Calgary&#039;s clearest conversion opportunities appear to be older B and C office buildings, especially when reusable systems and faster timelines improve cost certainty.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Calgary has led office-to-residential conversions, representing ~40% of activity over the past 5 yr while addressing persistent downtown office vacancy pressures locally. A city grant of $75 per sq-ft at completion has helped make projects workable when buildings cost $50-$100 per sq-ft before construction. Construction still runs ~$300-$400 per sq-ft, and Calgary recently added $25M [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":5,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.davekube.com\/blog\/wp-json\/wp\/v2\/posts\/4","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.davekube.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.davekube.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.davekube.com\/blog\/wp-json\/wp\/v2\/comments?post=4"}],"version-history":[{"count":0,"href":"https:\/\/www.davekube.com\/blog\/wp-json\/wp\/v2\/posts\/4\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.davekube.com\/blog\/wp-json\/wp\/v2\/media\/5"}],"wp:attachment":[{"href":"https:\/\/www.davekube.com\/blog\/wp-json\/wp\/v2\/media?parent=4"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.davekube.com\/blog\/wp-json\/wp\/v2\/categories?post=4"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.davekube.com\/blog\/wp-json\/wp\/v2\/tags?post=4"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}