Spanning 49 acres between Fort Calgary and the downtown business core, East Village’s central location along the banks of the Bow River makes it a highly desirable piece of real estate. It’s hardly surprising that East Village was where downtown Calgary first began – the site where our city was founded. In time, though, East Village fell on hard times and became well known for its vacant lots and neglected buildings.
Fast forward to today. East Village is in the midst of an exciting transformation. Since 2007, $396 million has been invested into infrastructure and development programs that has so far attracted nearly $3 billion of planned development. As developers and retailers have come to see the value of the East Village transformation, our available inventory of land has been snapped up.
Inspired by some of the world’s most liveable places, Broadway Malyan’s 2009 master plan established the framework for redeveloping East Village into a vibrant, mixed-use, creative city neighbourhood – an urban village and one of the most dynamic areas within Calgary’s downtown core. East Village has now become a vibrant riverfront destination known for its packed events calendar, innovative public arts program, an award-winning RiverWalk, parks and streetscapes, and a mix of new homes, residential development projects and bridges.