A mix of riverside condominiums, shopping, restaurants, hotels, a large public plaza and urban parkland make Eau Claire one of Calgary's most popular areas.

The area, which was developed from reclaimed industrial land, fronts the Bow River and sits immediately north of 3rd Avenue South.

Eau Claire Plaza, at the core of the Festival District is currently undergoing a major modernization and redevelopment to better integrate it with the city, Prince's Island, Barclay Mall and the other surrounding hotels, restaurants and businesses.

To coincide with the reconfiguration of Eau Claire Plaza, plans are currently in development to demolish and completely rebuild the market which has declined in popularity in recent years.

Taking design inspiration from the Central Library, the north end of the market will feature a tunnel portal integrated in the building, leading the CTrain to north-central Calgary via a new bridge over the Bow River.

The market along with River Run condos owned by the city will be demolished and redeveloped into a Green Line C Train Station, and other compounds as part of a revitalization plan by Havard Developments.