WHY TECH TALENT AND STARTUPS ARE FLOCKING TO CALGARY?

In 2022, Calgary, Alberta, Canada officially transitioned from a small to a large tech market, with over 50,000 tech jobs representing 6.9 per cent of total employment. Calgary also became the second most concentrated tech talent market in North America for individuals in their thirties.

So, what’s going on with Calgary? A look at the past few years tells us all we need to know.

For over a decade, Calgary has consistently been ranked among the Top 10 most livable cities in the world by the Economist Intelligence Unit. Individuals and families are drawn to the city’s vibrant community, career possibilities, and hour-drive proximity to the Canadian Rocky Mountains.

As a result, Calgary is now the third most diverse major city in Canada, its residents representing more than 240 different ethnicities and speaking more than 165 different languages.

From opportunities in sustainable energy to e-sports, and AI to aviation, young professionals see Calgary as the place to build both a fulfilling life and career.

Where this skilled talent goes, businesses are sure to follow.

New Construction Homes for Sale in Calgary

If you are considering buying a New Construction home in Calgary for under 500k, you're in luck. There's a wide range of new construction options, including condos, townhomes, and detached homes, available in Calgary. Here's why buying new construction homes in Calgary might be the right choice for you. There are many townhomes, Single detached homes, and Condos under construction by the renowned developer: such as Truman Homes.

Calgary, a cosmopolitan city in Alberta, is divided into four quadrants: Northeast, Northwest, Southeast, and Southwest Calgary. It covers an expansive area of 825 square kilometers with a population density of 1592.4 people per square kilometer. Calgary is renowned as the center of Canada's oil and gas industry and ranks as the third-largest city and fifth-largest metropolitan area in Canada.

Here are some leading neighborhoods in Calgary to consider:

Patterson Heights: Situated in the southwest quadrant, Patterson Heights is known for its lush green spaces, forests, and stunning views of the Bow River Valley. It's an ideal location for young families, thanks to its quality schools.

Arbour Lake: Located in the Northwest quadrant, Arbour Lake is a prime choice for commuters due to its accessibility and ease of travel.

Beltline: If you're a young professional looking for a vibrant and central neighborhood, Beltline is the heart of the city. It's densely populated and highly sought after for its amenities.

Signal Hill: Found in the southwest quadrant, Signal Hill is a family-oriented community that offers easy access to quality schools, shopping areas, transit, and natural beauty.

Hillhurst: Situated in the inner area of Calgary, Hillhurst boasts proximity to downtown, river access, excellent schools, shopping centers, and a wide range of amenities.

These neighborhoods offer a diverse range of living options in Calgary, and with new construction homes available, you can find a home that suits your budget while enjoying the benefits of modern amenities and features.

Whether you are first a homebuyers or a savvy investors Calgary got plenty of options from credible home builders.

1. Aberdeen Townhomes

Project Location: Calgary

251 Chelsea Road, Chestermere, AB, Calgary

Completion :TBD

Developed by:Truman Homes

No of units:112 

Aberdeen Townhomes, a new townhouse community developed by Truman, is currently in the preconstruction stage at 251 Chelsea Road in Chestermere. 

2. The Arthur

Project Location: Calgary

Country Hills Boulevard Northeast & Skyview Circle Northeast, Calgary, AB, Calgary

Completion :TBD

Developed by:Truman Homes

No of units:206

The Arthur is a new condo community by Truman currently in preconstruction at Country Hills Boulevard Northeast & Skyview Circle Northeast, Calgary.

3. Huxley

Project Location: Calgary

100 Street Southeast & 8 Avenue Northeast, Calgary, AB, Calgary

Completion :TBD

Developed by:Truman Homes

No of units:0

Huxley is a new townhouse and single family home community by Truman at 100 St SE & 17 Ave SE, Calgary.

4. The Mondrian

Project Location: Calgary

762 85 Street Southwest, Calgary, AB

Completion :TBD

Developed by:Truman Homes

No of units:166

The Mondrian, a new condominium community by Truman, is presently in the construction phase at 762 85 Street Southwest, Calgary.

5. Lockwood

Project Location: Calgary

Chelsea Drive, Chestermere, AB

Completion :TBD

Developed by:Truman Homes

No of units:332

Lockwood is a new pre-construction condo development by Truman Homes at Chelsea Drive, Chestermere.

6. Creekstone

Project Location: Calgary

Creekstone Circle Southwest, De Winton, AB

Completion :TBD

Developed by:Truman Homes

No of units:0

Creekstone is a new single family development by Truman, is currently in the construction phase at Creekstone Circle Southwest in De Winton.

7. Sirocco

Project Location: Calgary

Creekside Way Southwest & Creekside Drive Southwest, Calgary, AB

Completion :TBD

Developed by:Truman Homes

No of units:0

Sirocco is a new single family home community by Truman at Creekside Way Southwest & Creekside Drive Southwest, Calgary.

8. Gallery Condos

Project Location: Calgary

224 10 Avenue Southwest, Calgary, AB

Completion :TBD

Developed by:Truman Homes

No of units:120

Gallery Condos is a new condo development by Truman currently in preconstruction at 224 10 Avenue Southwest, Calgary.