🏘Banff’s $40M Housing Project

Holiday Train Returns, New Alberta Movie Trailer, Moraine Lake Road

Good morning, Bow Valley!

An FYI for those in Canmore: Main Street opens again for vehicles at 9 AM today. The pedestrian zone has wrapped up for the year.

In today’s Bow Valley Insider:

  • Halloween happenings 

  • Canmore named “Top Detour Destination” (and locals aren’t happy)

  • Official trailer released for Hollywood movie filmed in K-Country

Let’s get to it!

— Fortune Whelan, Shireen Ahmed, Lauren H., & Ben S.

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NEW PROJECT TO TACKLE BANFF’S HOUSING CRISIS

What’s Happening: Banff is launching a $40 million affordable housing project to address its housing shortage. The mixed-use development will include both rental and ownership units, with no reliance on taxpayer dollars.

Location and Funding: The first phase, located at 50 Wolf Street near Mineral Springs Hospital, has secured $4.43 million in funding. Contributions include $1.26 million from the federal Housing Accelerator Fund (HAF) and a $5 million donation from the Pauw Foundation.

Unit Breakdown: The project offers a mix of units: 35% one-bedroom lofts, 50% two-bedroom units, and 25% three-bedroom units, along with studio and larger rental options.

Universal Design: In response to community feedback, 20% of the studio, one-, and two-bedroom units will feature universal design, making them accessible for all, not just seniors.

Community Impact: Mayor Corrie DiManno highlighted the project's potential to provide much-needed affordable housing for locals. Construction begins next fall, with completion expected by winter 2027.

THE DIGEST

  • 🎉Get ready for holiday magic! This December, the CP Holiday Train stops in Cochrane, Stoney Nakoda, Canmore, and Banff, spreading lights, music, and cheer. The train collects food and cash donations for local food banks, with free performances from artists like American Authors, Magic!, Sofia Camara, and Tyler Shaw. 

MORAINE LAKE ROAD IS CLOSED

It’s also closed to cyclists and pedestrians. Brushing and vegetation clearing work is planned along Moraine Lake Road, which should be finished by the end of October. During this work, access will not be permitted for cycling or hiking since the construction zone stretches across the full width of the roadway.

Looking Ahead: Don't worry; once the snow falls, they’ll start preparing the Moraine Lake Road for cross-country skiing! 

2025 Schedule: The road will reopen for commercial shuttle services in June 2025, with reservation info available in January. For more updates, check out the Parks Canada website.

THINGS TO DO

Friday

Saturday

Sunday

  • Freshen up your gear. Banff Alpine Racers Ski and Sports Swap is October 20, 9 AM- 1 PM. Banff Train Station, Banff.

COMMUNITY HIGHLIGHTS

  • 📝Registration is open! Snag a spot for next year’s Melissa's Road Race, which takes place on Saturday, September 27th, 2025.

  • 💚Hey, Banff businesses! Remember to keep your doors closed now to help reduce energy use and emissions and to help Banff achieve its community target.

THE HANDSOME HOMES PROPERTY OF THE WEEK

If you're on the hunt for an affordable option in Canmore's hot real estate market, look no further! This charming one-bedroom, one-bathroom condo at 219B-1 Industrial Place just had a price drop, making it an even sweeter deal for anyone wanting to own a piece of mountain paradise.

The ideal location, next to the Canmore Golf and Curling Club, offers peace and quiet as commercial spaces below close early. The bright, functional layout features a living room, kitchen, and bathroom on the main level, with a cozy loft bedroom upstairs. Enjoy stunning mountain views from the patio, perfect for relaxing anytime.

The condo includes great extras: heated storage, bike storage, and even a dog wash for your furry friends. It's an ideal choice for young couples entering the Canmore market or anyone seeking an affordable weekend retreat in the Rockies. With the new price drop, it's definitely worth a look!

Contact Cory Hand at [email protected] to get your viewing before it's gone!

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CIVIC NEWS

  • Banff families: The 2024 Childcare Needs Assessment survey closes Sunday, October 20, at 11:59 PM. Share your thoughts on childcare availability and cost of living to help shape future solutions. No personal info will be shared. For questions, contact Jessica LaBonte at [email protected] or 403-762-1229.

LIVE MUSIC

  • Friday, October 18, 5 PM: Tunes for Tales, a benefit concert for Bow Valley SPCA. Location: Canmore Golf and Curling Club, Canmore.

SPORTS

That’s all, folks!

  • Have a cool story or event to share? Hit reply. 

We’ll see you back here on Monday, same time, same place! 

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