Marda Loop is set to undergo a major transformation with the new Calgary Co-op mixed-use development, a project designed to bring modern living, retail, and community spaces to the heart of this vibrant inner-city neighbourhood. Led by Calgary Co-op and Truman Development Corporation, the Marc & Mada Block will introduce residential units, a next-generation grocery store, and retail space, making it one of the most anticipated developments in Calgary.
But what does this mean for homebuyers, investors, and current residents? Let’s dive into the details of this exciting project.
What is the Marc & Mada Block?
The Marc & Mada Block is a mixed-use development planned for the 33rd Avenue and 20th Street SW intersection in Marda Loop. It will feature:
✅ 480 Residential Units – A mix of market and 48 affordable housing units managed by Liberty Housing Organization.
✅ New Calgary Co-op Grocery Store – A modernized shopping experience catering to inner-city residents.
✅ 45,000+ Square Feet of Retail & Commercial Space – Designed for local businesses, cafes, and essential services.
✅ Public Amenities & Green Spaces – Creating walkable and community-friendly gathering areas.
Why is This Development Important for Marda Loop?
1. Increased Real Estate Opportunities
With 480 new condos and apartments, the Marc & Mada Block will create more homeownership opportunities in one of Calgary’s most desirable neighbourhoods. Investors can also capitalize on rental demand, as Marda Loop remains a hotspot for young professionals and families.
2. A Retail & Grocery Hub for the Community
Anchored by Calgary Co-op’s next-generation store, this development will provide convenient access to groceries, local businesses, and lifestyle amenities, reducing the need for residents to commute outside the neighborhood.
3. Controversial High-Rise Living
One of the most debated aspects of this project is the 19-storey residential towers, which exceed Marda Loop’s current six-storey height limit. While some residents are excited about increased density and urban growth, others have raised concerns about how it may change the neighborhood’s character.
Real Estate Market Impact: What Buyers & Investors Should Know
Marda Loop is already known for strong property value appreciation, high rental demand, and walkability. Here’s what this development could mean for real estate:
✅ More Housing Supply: With 480 new units, buyers may see more choices, but demand is still expected to remain strong.
✅ Rental Demand Growth: Investors can expect high rental occupancy rates, thanks to the area’s popularity with professionals.
✅ Increased Property Values: New developments often drive neighbourhood appreciation, making this a long-term investment opportunity.
Frequently Asked Questions (FAQ)
Q: When will the new Marda Loop Co-op development be completed?
A: The development is still in the approval stage, with construction expected to begin in 2026 and completion anticipated by 2028.
Q: How will this project affect property values in Marda Loop?
A: New developments generally increase neighbourhood property values due to improved infrastructure, retail spaces, and increased demand.
Q: What amenities will be included in the Marc & Mada Block?
A: The project includes a new Calgary Co-op grocery store, 480 residential units, 45,000 sq. ft. of retail space, and pedestrian-friendly public areas.
Final Thoughts: Is Now the Time to Buy in Marda Loop?
The Calgary Co-op development marks a new era for Marda Loop, bringing increased convenience, urban growth, and strong real estate potential. Whether you’re a first-time buyer, investor, or seller, this project will likely shape the neighbourhood’s future.
Thinking about buying or investing in the Marda Loop area?
📩 Contact me today to discuss what this means for your real estate goals!
