Development DerailedIn June of 1962, the Canadian Pacific Railway announced a proposalto redevelop part of its reserved land in the heart of downtownCalgary. In an effort to bolster its waning revenues and to redefineits urban presence, the CPR proposed a multimillion dollar developmentproject that included retail, office, and convention facilities, alongwith a major transportation centre. With visions of enhanced taxrevenues, increased land values, and new investment