POPULATION

Calgary is on the brink of remarkable growth! As Canada’s 3rd largest city by population, Calgary has experienced the highest population growth among major Canadian cities over the past decade, surpassing Vancouver and Toronto. Currently, Calgary is home to over 1.3 million people, and the province’s population is projected to grow by an additional 46% by 2046. This growth will drive increased demand for real estate, leading to higher property prices and rental rates.

BUSINESS & REAL ESTATE

Alberta is an attractive destination for business and real estate investment, boasting the lowest tax rates in the country. There is no HST or provincial sales tax, and the government is investing $10 billion in infrastructure. On the real estate side, there are no land transfer taxes, development charges, or rent control. This business-friendly environment is drawing companies from across Canada and around the world, driving up demand for real estate as more businesses and people move to the region.

ECONOMY

Alberta’s economy is booming and poised for further growth. As one of the world’s largest oil producers, Alberta currently sells 99% of its oil to the United States at low market prices. The Trans Mountain Pipeline, which will transport oil through the Rockies to the West Coast for international export, is expected to generate over $70 billion in revenue for producers and $45 billion for provincial and federal governments, while creating thousands of jobs.

Simultaneously, Alberta is emerging as a global tech hub, thanks to its high ratio of Science, Technology, Engineering, and Mathematics (STEM) graduates. This has paved the way for tech startups and multinational corporations to establish a presence in the region. The increasing number of “tech unicorns” (companies valued at over $1 billion) and significant tax savings contribute to the region’s economic surge. More jobs and a robust economy translate to greater housing needs and increased demand for real estate.

LOCATION

Located in downtown Calgary’s trendy East Village neighborhood, residents of Arris Residences will be surrounded by restaurants, indie music venues, galleries, and clothing stores, all within walking distance. The nearby City Hall LRT Station provides seamless connectivity to Calgary’s downtown core. Just a short distance away, residents can enjoy the CORE Shopping Centre, a plethora of restaurants, shops, and cafes, as well as urban attractions such as Fort Calgary, Stampede Grounds, Saddledome Stadium, the Bow River, and Chinatown.

REPUTABLE DEVELOPER

For over five decades, Nat Bosa has been a prominent leader in the real estate industry across Western Canada and the United States. Starting as a construction laborer, Nat partnered with his brothers in 1966 to establish Bosa Brothers, a trusted name in the construction industry. In the 1980s, Nat founded Bosa Development, transforming it into a premier international real estate company. Nat Bosa’s legacy of integrity and vision continues to this day, making Bosa Development a highly reputable and trusted developer.