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CMLC meaning in Business ?

Answer» What is Calgary Municipal Land Corporation mean?

Calgary Municipal Land Corporation (CMLC) was incorporated in 2007 as a wholly owned subsidiary of the City of Calgary to implement and execute the Rivers District Community Revitalization Plan – a public infrastructure program approved by the City of Calgary and the Province of Alberta to kick-start Calgary's urban renewal. Since its inception, the CMLC has overseen the development of the East Village, which as of January 2017 has seen CAD $2.7 billion worth of investment since 2010. The CMLC has also been tasked with the redevelopment of Calgary's West Village, Stampede Park, Victoria Park, Olympic Plaza, Arts Commons, and Fort Calgary.

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