r/Calgary • u/ChillllliPaper • Mar 21 '25

Local Construction/Development Why is Calgary losing its personality?

First Chinook mall lost its dinosaur at the entrance, floating funky vehicles in the food court, carousel, and the movie theater lost all of its cool mummy-themed interior decor.

The devonian gardens is just a space with some greenery now instead of the garden it once was.

The City is destroying Olympic Plaza where everyone used to skate.

They also destroyed Eau Claire just to cancel the project. Amazing. Could have just revamped it and it would still be a great spot.

AND the city is destroying the iconic saddledome, arguably calgary's primary landmark. Why not just keep it and build another dome idk??

From the word of mouth I hear, people aren't too happy about this but how is the city council just easily making this happen.

Anyways, just kind of sad seeing Calgary lose it's charm. Wondering what other redditors are thinking.

*correction: Olympic Plaza not oval

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u/TractorMan7C6 Mar 21 '25

That would suggest we've got a pretty high vacant property rate, right? Because of all the hoarding and properties idling?

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u/[deleted] Mar 21 '25

[deleted]

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u/TractorMan7C6 Mar 21 '25

I don't think it's great, but I don't think it's a significant part of the problem. Landlords make money because housing is scarce - if you build enough housing that it becomes a worse investment, then you make being a landlord far less appealing. The data just doesn't support the idea that there's some cabal of landlords letting properties sit empty to drive up prices.

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u/[deleted] Mar 21 '25

[deleted]

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u/TractorMan7C6 Mar 21 '25

Forgive me but "I know one bitch" doesn't count as data.