The decline in downtown commercial property values and reduced demand for office space has prompted developers in Alberta and a BC-based fintech company to introduce innovative solutions.
Peoplefirst Developments has listed their latest project, The Cornerstone, on the addy real estate crowdsourcing platform.
The initiative aims to convert an office building in downtown Calgary into 112 residential units, alongside co-working and retail spaces.
Peoplefirst’s mission aligns with the goal of revitalizing the city’s core by transforming empty office towers into vibrant and attainable residential spaces.
The partnership with addy allows anyone to invest in Calgary’s future growth and development through fractional real estate ownership.
Want to know more? Check out the source code on Techcouver.com.