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Development Derailed
Calgary and the CPR , 1962–64
- Publisher
- Athabasca University Press
- Initial publish date
- Nov 2013
- Subjects
- City Planning & Urban Development, History, Post-Confederation (1867-), Corporate & Business History
- Categories
- About Alberta , Author lives in Alberta
-
eBook
- ISBN
- 9781927356104
- Publish Date
- Nov 2013
- List Price
- $27.99
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Description
In June of 1962, the Canadian Pacific Railway announced a proposal to redevelop part of its reserved land in the heart of downtown Calgary. In an effort to bolster its waning revenues and to redefine its urban presence, the CPR proposed a multimillion dollar development project that included retail, office, and convention facilities, along with a major transportation centre. With visions of enhanced tax revenues, increased land values, and new investment opportunities, Calgary’s political and business leaders greeted the proposal with excitement. Over the following year, the scope of the project expanded, growing to a scale never before seen in Canada. The plan took official form through an agreement between the City of Calgary and the railway company to develop a much larger area of land and to reroute or remove the railway tracks from the downtown area—a grand design for reshaping Calgary’s urban core. In 1964, amid bickering and a failed negotiating process, the project came to an abrupt end. What caused this promising partnership between the nation’s leading corporation and the burgeoning city of Calgary to collapse?
What, in economic terms, was perceived to be a win-win situation for both parties fell prey to a conflict between corporate rigidity and an unorganized, ill-informed, and over-enthusiastic civic administration and city council. Drawing on the private records of Rod Sykes, the CPR’s onsite negotiator and later Calgary’s mayor, Foran unravels the fascinating story of how politics ultimately undermined promise.
About the author
Max Foran is the author of a dozen books, including The Chalk and the Easel: Stanford Perrott, Teacher?Painter; Trails and Trials: Markets and Land Use in the Canadian Cattle Industry; Roland Gissing: the People's Painter; and Calgary: Canada's Frontier Metropolis. He is a professor in the University of Calgary's faculty of Communications and Culture.
Editorial Reviews
"The intricacies of political and business development have long been a staple of narrative. Even in this large literature, however, Max Foran’s book is probably unique: a story of essentially three years of ultimately failed negotiations between one city government and one (albeit large) company. It is a well-written, engaging story. Foran martials a great deal of information about personalities, city governance in Calgary in the early 1960s, and changes in the business of railways in the third quarter of the 20th century."