"The site is one of downtown Calgary's few remaining privately owned full city blocks. The site was acquired on a 50/50 joint venture basis between RioCan and KingSett at a purchase price of $20 million ($10 million at RioCan's interest)"
My speculation is that it's gotta be the block between 5th and 6th Aves, 3rd and 4th sts SE. Easy access for pm traffic leaving downtown on 5th ave and to Vic park via 4th st. They will get a lot of Bridgeland, EV, and Inglewood's market share. Given that it says the grocery store will be on the 2nd floor, I assume +15 access will be part of the project, presumably through BVC.
This is a major game changer, not just for EV, but for the whole inner city. I'm really interest to learn more as details emerge! From the sounds of that article this is very likely going to actually happen.
Am I interpreting this right?