Growing Up Fast – How Calgary Is Keeping Up With Its Increasing Population
Tuesday, September 2nd, 2014
If you thought Calgary already felt like a big city, stay tuned for what the future holds. Over the next 50-60 years, analysts are predicting that the population of Calgary will double. In a city that already accommodates 1.15 million residents, this is an enormous growth projection over a relatively short period of time. In the next five years alone, an estimated 100,000 people will move into Calgary.
So how will Calgary handle its rapid growth, and still maintain all the desirable qualities that make this city such a popular destination? According to the Municipal Development Plan, we can expect to see a progressive expansion of the suburban areas that surround the downtown core. Proper planning and infrastructure development is crucial in a growing city. Building desirable housing on the outskirts of the city will prevent congestion and alleviate strain on the current infrastructure. By the year 2069, city planners expect that at least 50% of the residents in Calgary will live in outlying suburban areas.
Improving the transit system has also been a priority for the city of Calgary, and the benefits are already being enjoyed by the people who live here. Creating convenient and affordable transportation options is the only way to convince people to park their cars, reduce emissions, and turn to public transit as a convenient way to travel to and from work. The CTrain now services 44 stations that stretch as far north as Crowfoot and Saddletown, and as far south as Somerset-Bridlewood.
Like many other growing cities in Canada, affordable housing is an important issue. If you were born and raised in Calgary, there is no doubt that you have noticed house prices increasing steadily. Even the flooding couldn’t dampen the appeal of our local market. However, compared to all major cities like Toronto and Vancouver, Calgary is still considered to be an affordable city to own a home. House prices are much lower, and on average, household incomes are higher. Calgary is a fantastic place to live, work, and raise a family. As long as the city can continue to keep up with the growing population, the future of Calgary is bright.
Are you looking to Sell or Buy a home in Calgary and need someone who won’t rest until you’ve found your dream home or until your home is sold? I’ll work hard to earn your trust and to deliver exactly what you need. Contact me at 403-589-0004 or at TheHowardTeam.net.
About Bryon Howard
Bryon Howard and his team of Calgary real estate professionals sell an average of two homes a week. He is a member of the MLS Million Point Club, which ranks him roughly in the top 1% of productive realtors in Calgary. His aim is not just to please clients but to help them buy/sell a home in Calgary at the best price, in the shortest time, and with the least hassle. He is a member of the RE/MAX House of Real Estate that leads in the Canadian market. Learn more about Bryon at TheHowardTeam.net.
