Calgary, a city known for its booming economy and high quality of life, is facing a housing crisis. As the population continues to grow, the demand for housing has skyrocketed, leading to a shortage of affordable options for residents. In response, the city is turning to density and development as potential solutions to this pressing issue.
According to recent data, Calgary’s population is expected to reach 2.2 million by 2046, an increase of over 50% from its current population of 1.4 million. This rapid growth has put a strain on the housing market, with the average home price increasing by 6.6% in 2020 alone. This has made it increasingly difficult for low and middle-income families to find suitable housing options.
To address this issue, the City of Calgary has implemented a new strategy that focuses on increasing density and promoting development in key areas. This approach aims to create more affordable housing options while also promoting sustainable growth.
One of the key initiatives under this strategy is the development of new mixed-use communities, which combine residential and commercial spaces in one area. These communities not only provide a variety of housing options but also offer convenient access to amenities and services, reducing the need for long commutes.
In addition, the city is also looking to increase density in established neighborhoods by allowing for the construction of secondary suites and laneway housing. This will not only increase the supply of affordable housing but also help to revitalize older communities.
However, this approach has faced some pushback from residents who are concerned about the impact of increased density on their neighborhoods. To address these concerns, the city is working closely with community associations and conducting public consultations to ensure that any development plans are in line with the needs and desires of the community.
While there is no quick fix to Calgary’s housing crisis, the city’s focus on density and development is a step in the right direction. By creating more affordable housing options and promoting sustainable growth, Calgary is working towards striking a balance between meeting the needs of its growing population and preserving the unique character of its neighborhoods.
