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CMLC advances more than $1B in major project completions and initiations for 2024

DCN-JOC News Services
CMLC advances more than $1B in major project completions and initiations for 2024

CALGARY, ALTA. – As several major building projects reach completion, the Calgary Municipal Land Corporation (CMLC) is marking milestones while it prepares for new work in 2024.

The BMO Centre expansion and 17 Ave Extension and Victoria Park/Stampede Station Rebuild projects are nearing completion, the late-2024 Arts Commons Transformation project construction groundbreaking is approaching, and procurement underway for the new 6 St S.E. underpass, a CMLC release said.

“2024 will be a huge year for project completions and groundbreakings, and for continued progress and development for downtown Calgary’s east end. Our team is poised and ready to advance more than $1B in major city-shaping vertical and infrastructure builds this year, and to steward further development and placemaking in East Village,” CMLC president and CEO Kate Thompson said in a statement.

CMLC will oversee development of several mixed-use residential projects in 2024 in the East Village area including OSA Development’s Arris Residences, which began leasing on 337 units in late 2023, and Alston Properties’ EV606, where construction is underway on 44 residential units and 9,000 square feet of main floor retail space. The corporation has also signed letters of intent for three other development projects in the area.

CMLC is also developing the Arts Commons Transformation and Olympic Plaza Transformation projects in Calgary’s downtown core, and are preparing to reveal the design for a new building for the Arts Commons Transformation project with a 1,000-seat theatre and 200-seat studio theatre this spring with the anticipation of groundbreaking later in the year, the release said.

“In The Culture + Entertainment District (The C+E), CMLC is preparing to bring more than $600 million of major city-building projects over the finish line in 2024 in partnership with the Calgary Stampede and the City of Calgary. The BMO Centre expansion will open for Stampede 2024, welcoming the world to Western Canada’s largest convention centre, and the Victoria Park/Stampede Station Rebuild and 17 Ave S.E. Extension projects will be completed this summer, creating a new gateway into Stampede Park for Calgarians and visitors alike,” the release said.

Work on the 6 St S.E. Underpass project is also underway. The CMLC is the steward of the Rivers District Mater Plan, the release said, and the underpass falls under that mandate which leads delivery of district infrastructure to support the Calgary Event Centre.

The underpass was envisioned in the Rivers District Master Plan in 2019 as a critical infrastructure connection to support future development in the area.

Scoping work for the underpass took place in 2023 and CMLC will issue a progressive design-build RFP in the coming weeks to identify a project team to support the design and construction. Early works on the project are anticipated to begin in 2024, the release said.

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