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In June of 1962, the Canadian Pacific Railway announced a proposal to redevelop part of its reserved land in the heart of downtown Calgary. In an effort to bolster its waning revenues and to redefine its urban presence, the CPR proposed a multimillion dollar development project that included retail, office, and convention facilities, along with a major transportation centre. With visions of enhanced tax revenues, increased land values, and new investment opportunities, Calgary’s political and business leaders greeted the proposal with excitement. Over the following year, the scope of the project expanded, growing to a scale never before seen in Canada. The plan took official form through an agreement between the City of Calgary and the railway company to develop a much larger area of land and to reroute or remove the railway tracks from the downtown area—a grand design for reshaping Calgary’s urban core. In 1964, amid bickering and a failed negotiating process, the project came to an abrupt end. What caused this promising partnership between the nation’s leading corporation and the burgeoning city of Calgary to collapse? What, in economic terms, was perceived to be a win-win situation for both parties fell prey to a conflict between corporate rigidity and an unorganized, ill-informed, and over-enthusiastic civic administration and city council. Drawing on the private records of Rod Sykes, the CPR’s onsite negotiator and later Calgary’s mayor, Foran unravels the fascinating story of how politics ultimately undermined promise.
The Canadian Pacific Railway's ambitious redevelopment proposal for downtown Calgary in the early 1960s collapsed due to a clash between corporate rigidity and an unprepared civic administration.
In June 1962, the CPR announced a multimillion-dollar project to redevelop its land in Calgary, aiming to boost revenues and redefine its urban presence with retail, office, and convention facilities, plus a transportation center. Calgary's leaders enthusiastically supported the plan, which expanded over the next year to an unprecedented scale in Canada. An agreement was struck to develop a larger area and reroute railway tracks, a grand design for reshaping the city's core. However, by 1964, amid disputes and failed negotiations, the project ended abruptly, leaving questions about the partnership's demise.
This book examines the complex interplay of corporate ambition and civic governance that led to the failure of a significant urban development project in Calgary. The narrative draws on primary sources, including the private papers of a key negotiator, to dissect the political and economic factors at play. The analysis highlights how differing approaches between the CPR and the city council ultimately derailed a potentially mutually beneficial partnership. The book offers a detailed case study of urban planning challenges and the impact of negotiation dynamics on large-scale development.
Page Count:
272
Publication Date:
2013-11-01
Publisher:
Athabasca University Press
ISBN-10:
1927356083
ISBN-13:
9781927356081
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