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City Space: Hybrid work is here to stay. What will that mean for our downtown cores?

The Decibel

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Calgary's Greater Downtown Plan

When things are booming for oil and gas, calgary's downtown corps had a life to it. But the energy sector is a cyclical industry, so whenever the price of oil collapses, the city's downtown empties out too. Calgary planned on spending nearly one billion dollars for the next ten years on everything from incentivising office tower conversions to building more bike and pedestrian interstructure. They're also planning on allocating 450 million dollars to converting downtown offices for other uses or simply tearing them down.

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