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Developers planning parkades with future flexibility

from Globe and Mail

For a peek into how Canada will build more affordable multi-family housing in the future, look no further than a new, above-ground, five-storey parkade in downtown Calgary. That's right, a parkade. The $80 million structure, commissioned by the city-owned Calgary Municipal Land Corp., is a 500-parking-stall behemoth plunked within the quickly gentrifying East Village. But the structure also hides a secret: It's designed to transform into housing. more

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