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In June of 1962, the Canadian Pacific Railway announced a proposalto redevelop part of its reserved land in the heart of downtownCalgary. In an effort to bolster its waning revenues and to redefineits urban presence, the CPR proposed a multimillion dollar developmentproject that included retail, office, and convention facilities, alongwith a major transportation centre. With visions of enhanced taxrevenues, increased land values, and new investment opportunities,Calgary's political and business leaders greeted the proposalwith excitement. Over the following year, the scope of the projectexpanded, growing to a scale never before seen in Canada. The plan tookofficial form through an agreement between the City of Calgary and therailway company to develop a much larger area of land and to reroute orremove the railway tracks from the downtown area--a grand designfor reshaping Calgary's urban core. In 1964, amid bickering and afailed negotiating process, the project came to an abrupt end. Whatcaused this promising partnership between the nation's leadingcorporation and the burgeoning city of Calgary to collapse? What, in economic terms, was perceived to be a win-win situation forboth parties fell prey to a conflict between corporate rigidity and anunorganized, ill-informed, and over-enthusiastic civic administrationand city council. Drawing on the private records of Rod Sykes, theCPR's onsite negotiator and later Calgary's mayor, Foranunravels the fascinating story of how politics ultimately underminedpromise. Max Foran is a Professor in the Faculty ofCommunication and History at the University of Calgary. He has writtenextensively on various western Canadian urban, rural, and culturaltopics, most recently on ranching, urban growth, and sustainability.
The Canadian Pacific Railway's ambitious redevelopment proposal for downtown Calgary in the mid-1960s collapsed due to a clash between corporate rigidity and an unprepared civic administration. In an effort to revitalize its urban presence and boost revenues, the CPR proposed a multimillion-dollar project encompassing retail, office, convention facilities, and a transportation center. Calgary's leaders initially embraced the plan with enthusiasm, anticipating increased tax revenues and investment. However, over the following year, the project's scope expanded dramatically, leading to a breakdown in negotiations by 1964, ultimately undermining a partnership that was perceived as mutually beneficial.
This historical account delves into a pivotal moment in Calgary's urban development, examining the ambitious redevelopment plans proposed by the Canadian Pacific Railway in the early 1960s. The book analyzes the factors that led to the project's ultimate failure, highlighting the complex interplay between corporate interests and municipal governance. By drawing on primary sources, including the private papers of key figures, the author provides a detailed examination of the political and economic dynamics at play. The narrative explores how a potentially transformative partnership dissolved amidst negotiation difficulties and administrative shortcomings.
Page Count:
258
Publication Date:
2013-01-01
Publisher:
AU Press
ISBN-10:
1927536081
ISBN-13:
9781927536087
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