
Peoplefirst Developments
Calgary, AB 2–10 employees 3 principals
Last updated by Zailyn
About Peoplefirst Developments
Peoplefirst Developments is a real estate operator headquartered in Calgary, AB. Peoplefirst Developments operates in Calgary, Alberta, Canada. Its investment focus is on Affordable Housing, Condominiums and Office-to-Residential.
Peoplefirst Developments is a real estate company founded in 2021 with a team of 2–10 employees based in Calgary, Alberta. Its focus is on converting vacant or underutilized buildings—especially downtown office towers—into multifamily residential spaces. To date, the firm has converted approximately 500,000 sq ft of office space across three major projects under Calgary’s Downtown Development Incentive Program. The inaugural project, The Cornerstone at 909 5th Avenue SW, repurposed ~129,000 sq ft and created 112 rental units, with 40 % offered at below-market rates. This conversion completed within about two years from permit to occupancy.
Principals at Peoplefirst Developments
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