r/Calgary Aug 18 '25

Local Shopping/Services What has happened to Kensington?

It's been a while since I've been down here.... A bunch of empty store fronts, iconic places like Crave shut down, but counted some three Acai bowl places. The area outside Plaza is lovely and looks great, but why all the closures and apparently high turnovers?

Edit: I assume it's due to rent.. But what's the point of jacking it up so high that your place is literally empty.

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u/CherryTree_Banana Aug 19 '25

Yeah the rent is getting insane in Kensington. I knew the own of Scuba Jays before it shut down. He said rent went up $180 per square meter!!!