Exciting Expansion News from Alberta!
We’re thrilled to announce the acquisition of the iconic First Canadian Centre in downtown Calgary, adding to our growing portfolio in Alberta. This 41-story Class A office tower, offering 540,000 (approx.) square feet of office and retail space, complements our recent purchases of Bow Valley Square and Altius Centre, bringing our total office space in Calgary to over 2.4 million square feet.
First Canadian Centre is designed to meet the needs of modern businesses, offering flexible office solutions and prime retail space in Calgary's dynamic downtown core. The building’s mixed-use design and +15 Pedestrian Walkway System access make it an ideal location for both professional tenants and retail businesses.
Key highlights of First Canadian Centre include:
· Direct Access to Calgary’s +15 Pedestrian Walkway System: The building connects directly to Calgary’s +15 pedestrian walkway system, offering convenient access to restaurants, retail shops, hotels, and professional services
· Modern Amenities: Tenants benefit from ample underground heated parking, a secure bicycle cage, a state-of-the-art conference center, on-site management, 24/7 building access and security, and banking services. The building also features a striking landmark façade and a grand 10-story atrium.
· Sustainability Leadership: As a BOMA BEST Platinum-certified building, First Canadian Centre exemplifies environmental stewardship and operational excellence.
· Prime Location: Situated steps from Calgary’s Core Shopping Centre and well-connected by the LRT network and bus routes, the building offers unparalleled accessibility.
In addition, we’re excited to share the potential for a residential tower on-site, leveraging the existing foundation originally designed for a 64-story structure in 1981. If developed, this project could further enhance the property’s position as a dynamic, mixed-use destination, integrating living, working, and retail spaces in Calgary's downtown.
This acquisition strengthens our position in Calgary and supports our ongoing commitment to growth and value creation.
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