🏡 Government Policies Shaping Calgary’s Development 🏡
In May 2024, Calgary’s City Council passed a game-changing rezoning initiative that will redefine the city’s real estate market! 📊🌆 The new blanket rezoning allows for the construction of duplexes, triplexes, and fourplexes in areas that were previously limited to single-family homes. This shift is set to boost housing density and will have a lasting impact heading into 2025. 🏘️🏢
Designed to address affordability challenges, this policy aims to increase housing supply while reducing urban sprawl. 🌿🏙️ Investors are expected to capitalize on pre-construction projects that take advantage of these new zoning allowances, especially in sought-after inner-city neighborhoods. 🔑💰
The move toward denser, multi-family developments offers more housing options and creates exciting opportunities for those looking to invest in Calgary’s real estate market! 🚀
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