Downtown Calgary’s latest office-to-rental conversion begins welcoming tenants

In the spring of 2021, the City of Calgary launched the Downtown Calgary Development Incentive Program to transform vacant office towers into residential buildings. Four and a half years later, the program has supported the construction of more than 2,450 apartments, 670 of which have already been completed, attracting hundreds of new residents to the city’s core.

The sixth and latest retrofit to welcome tenants is the Petro Fina building, an 11-storey structure punctuating the corner of 8th Avenue and 7th Street SW. Formerly the headquarters of Canadian Fina Oil, an arm of Belgium’s Petrofina, the building’s transformation marks a new chapter in its history, and breathes new life into the west end of downtown Calgary.