Many of the dilapidated buildings were torn down, to be replaced by modern structures, and the Jack and Jean Leslie RiverWalk along the south bank of the Bow River was completed in the summer of 2012.

[9][10] This puts it at this comparison to other Calgary communities: Saddle Ridge (1.358/100), Whitehorn (1.741/100), Rundle (2.342/100), Brentwood (2.348/100), Acadia (2.542/100), Bowness (2.934/100), Shawnessy (3.296/100), Inglewood (3.438/100), Sunnyside (3.650/100), Marlborough (4.703/100), Southwood (5.147/100), Sunalta (5.307/100), Montgomery (5.483/100), Forest Lawn (6.528/100), Rosscarrock (7.049/100), Downtown Commercial Core (12.705/100), Downtown East Village (15.605/100), Manchester (43.368/100).

In the spring and summer of 2008, archeologists made several rare discoveries in East Village: two historic dumps from the early 20th century, as well as a native stone circle and fire hearths dating back over 3,300 years.

These upgrades included elevating the roads above the flood-plain of the nearby Bow and Elbow rivers, paving the new roads and sidewalks with stone bricks, building the award-winning Jack and Jean Leslie RiverWalk, major utility upgrades, the construction of plazas, and much more.

The King Edward Hotel was, for a long time, a famous jazz and blues venue, thus continuing the tradition of this site as a centre for musical development in Canada.

The Riff will be a pedestrian street bisecting the neighbourhood from the northeast to the southwest, from the George C. King Bridge to 8th Avenue SE.

The Simmons Mattress Factory building has been redeveloped into the home of Charbar, Phil and Sebastians Coffee Roasters, and Sidewalk Citizen Bakery.

[20] While the newly completed revitalization of the St. Louis Hotel building has yet to receive any retail tenants as of January 2017, its upper floors are home to the offices of the Calgary Municipal Land Corporation.

The Simmons Mattress Factory building has been redeveloped to house Charbar, Phil & Sebastian Coffee Roasters, and Sidewalk Citizen Bakery, and is right along the RiverWalk.

The St. Louis Hotel has been revitalized and now hosts the headquarters of Calgary Municipal Land Corporation and a rental venue.

The park revitalization was coupled with the construction of the George C. King Bridge for a total price tag of $45 million.

The George C. King Bridge connects the island park south to the East Village and Bridgeland to the north.