In­ner-city pro­ject best of all worlds

Gal­leries Ren­frew of­fers town­houses in com­mu­nity close to down­town

Calgary Herald New Condos - - Front Page - MARTY HOPE

Prior to the on­set of the re­ces­sion in mid-2007, Gene Fabro was among the many multi-fam­ily hous­ing de­vel­op­ers in Cal­gary who were rid­ing high, only to be sent reel­ing as the eco­nomic down­turn turned the tap off on de­mand.

The late Frank Si­na­tra had a song that fits what hap­pened: “That’s life — that’s what all the peo­ple say. You’re rid­ing high in April, shot down in May. But I know I’m gonna change that tune, when I’m back on top, back on top in June.”

It’s now June 2011, four years af­ter the eco­nomic down­turn hit the hous­ing in­dus­try.

From his in­ner-city of­fice, Fabro is talk­ing about his new­est ven­ture — the 12-unit Gal­leries Ren­frew.

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Cour­tesy, As­sured Com­mu­ni­ties

An artist’s ren­der­ing of the Gal­leries Ren­frew by As­sured Com­mu­ni­ties. It will be lo­cated at Ren­frew Drive and Rus­sell Road in Ren­frew near Bridge­land.

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