Construction work slows in Calgary as recession delays office tower projects

CALGARY – Construction crews have boarded up the skeleton of a partially built office tower in the middle of Calgary as real-estate developers slow or stop projects amid a glut of available commercial space. Landlords scramble to fill near-empty skyscrapers dotting Calgary skyline: ‘We’re not overbuilt, we’re under-demolished’ Rising vacancy rates are pressuring landlords to offer…

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