Calgary’s future success depends on a downtown that is active, desirable and economically resilient — a place where people choose to live, visit and invest. Achieving this requires moving beyond the traditional nine-to-five business district to a vibrant, mixed-use city centre that supports activity, safety and vitality throughout the day and into the evening.

The City of Calgary and our downtown partners are revitalizing downtown by co-investing and converting underutilized office space into:

• Homes for Calgarians
• Post-secondary academic spaces to attract more students downtown
• Hotels
• Other uses that support downtown revitalization

We're also incentivizing new residential development and demolition of end-of-life office buildings.

A thriving downtown is the heartbeat of a thriving Calgary. Calgary’s downtown incentive programs remove vacant office space from the market and create new opportunities for living and learning downtown, increase property values, tax revenues and business activity and build a vibrant, diverse downtown for the future.

In May 2026, Council approved updates to the Downtown Office Conversion Program, formerly known as the Downtown Calgary Development Incentive Program.