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Calgary Office Market Report
First Quarter 2019 / Office Market Report Calgary Quick Stats Calgary office market sees best to slightly positive results are being seen. positive absorption trend in over Calgary remains set back from the strong three years economy seen prior to 2015, but the market 22.6% doesn’t appear to be getting any worse for Calgary Overall Vacancy Stability and even a bit of improvement over the time being. last year. As of first quarter 2019 the overall Calgary’s overall employment has fully Calgary office market has recorded is third recovered from the losses incurred over consecutive quarter of positive absorption, the course of the downturn. In May 2015 25.3% something the market hasn’t seen since Calgary’s employment peaked at 826,000 Downtown Vacancy 2014. This positive trend carried through to people before beginning its downward the Downtown office market, which also slide through the downturn. As of February saw its third consecutive quarter of positive 2019, Calgary’s employment is 849,300 absorption, a trend not seen in that market 19.5% people, a new peak value and 23,300 people segment in seven years. The last time this Beltline Vacancy above that pre-downturn peak. In terms type of trend was seen in the Downtown of the unemployment rate, recovery does market was the first three quarters of not occur in a straight line, but the general 2012, seven years ago, when the market trend for the last year has been pretty flat. was finishing a run of twelve consecutive 17.1% The unemployment rate for February 2019 quarters of positive absorption. -
Brookfield Place Calgary East Tower
BROOKFIELD PLACE CALGARY EAST TOWER UP TO 78,162 SF FOR SUBLEASE 225 - 6th Avenue SW CALGARY, ALBERTA ALEX BROUGH JAMES MCKENZIE CUSHMAN & WAKEFIELD ULC Executive Vice President Vice President 250 - 6th Avenue SW, Suite 2400 Calgary, Alberta T2P 3H7 403 261 1186 403 261 1140 403 261 1111 [email protected] [email protected] cushmanwakefield.com FOR SUBLEASE Brookfield Place Calgary - East Tower 225 - 6th Avenue SW | Calgary, AB Property Details Building Amenities Address 225 - 6th Avenue SW • +15 connected to Stephen Avenue Place & Year Built 2017 Bow Valley Square • Large urban plaza features a south facing Landlord Brookfield Place (Calgary) LP landscaped courtyard with extensive Property Management Brookfield Properties Canada seating and common areas Management LP • In-house Porter Service Total Building Size 1,417,577 SF • Bike storage facility/shower Number of Floors 56 • LEED GOLD Core & Shell Certification Average Floor Plate 26,300 SF - Low Rise 27,800 SF - Mid Rise Elevators 10 per rise Ceiling Height 9’ Parking Ratio 1:3,000 SF Leasing Particulars Sublandlord: Cenovus Energy Inc. Area Available: Fl 20: 26,477 SF SUBLEASED Fl 21: 26,474 SF SUBLEASED Fl 22: 26,473 SF SUBLEASED Fl 23: 25,755 SF SUBLEASED Fl 24: 26,412 SF Virtual Tour Fl 25: 25,704 SF Fl 26: 11,736 SF Fl 27: 27,521 SF SUBLEASED Fl 28: 14,310 SF Total: 78,162 SF Rental Rate: Market sublease rates Additional Rent: $19.35/SF (2021 LL estimate) Parking: 1 stall per 3,000 SF As at March 2020 Bike Facilities Plan FOR SUBLEASE Brookfield Place Calgary -
Previous Council Direction
CPS2017-0391 ATTACHMENT 1 Previous Council Direction On 2004 April 26, Council approved Mayor Bronconnier's NM2004-17, which established the Community Investment Fund (CIF) and approved contributions including $40 million towards the development of a new Central Library. On 2005 April 25, Council approved CIF2005-08 which authorized Administration to release up to 10 per cent of each project’s allocation as seed funding to support the development of project business plans by each participating organization. $4 million was approved to transfer to Calgary Public Library Capital Program Number 479. On 2005 July 04, Council approved LAS2005-127 and directed Administration to work with the Calgary Public Library (CPL) and Bow Valley College (BVC) to comprehensively redevelop Block 40. Administration was also directed to jointly undertake an analysis of the user’s needs including common program areas, development capacity of the site, potential partners, critical timelines and funding decisions. At the same time, Council directed Administration to develop a triple bottom line list of the requirements and desired uses which would contribute to the vision for the block. On 2005 December 06, Administration provided a status update to the Land and Asset Strategy Committee with LAS2005-209 and were directed to report back to the Committee regarding the analysis and recommendations included in the Block 40 Redevelopment Analysis report, no later than 2006 March 14. In addition, Administration was directed to include an order of magnitude cost estimate in the Block 40 Redevelopment Study Report and to confirm the funding for the Bow Valley College facility expansion project from the Provincial Government. -
Bow River Basin State of the Watershed Summary 2010 Bow River Basin Council Calgary Water Centre Mail Code #333 P.O
30% SW-COC-002397 Bow River Basin State of the Watershed Summary 2010 Bow River Basin Council Calgary Water Centre Mail Code #333 P.O. Box 2100 Station M Calgary, AB Canada T2P 2M5 Street Address: 625 - 25th Ave S.E. Bow River Basin Council Mark Bennett, B.Sc., MPA Executive Director tel: 403.268.4596 fax: 403.254.6931 email: [email protected] Mike Murray, B.Sc. Program Manager tel: 403.268.4597 fax: 403.268.6931 email: [email protected] www.brbc.ab.ca Table of Contents INTRODUCTION 2 Overview 4 Basin History 6 What is a Watershed? 7 Flora and Fauna 10 State of the Watershed OUR SUB-BASINS 12 Upper Bow River 14 Kananaskis River 16 Ghost River 18 Seebe to Bearspaw 20 Jumpingpound Creek 22 Bearspaw to WID 24 Elbow River 26 Nose Creek 28 WID to Highwood 30 Fish Creek 32 Highwood to Carseland 34 Highwood River 36 Sheep River 38 Carseland to Bassano 40 Bassano to Oldman River CONCLUSION 42 Summary 44 Acknowledgements 1 Overview WELCOME! This State of the Watershed: Summary Booklet OVERVIEW OF THE BOW RIVER BASIN LET’S TAKE A CLOSER LOOK... THE WATER TOWERS was created by the Bow River Basin Council as a companion to The mountainous headwaters of the Bow our new Web-based State of the Watershed (WSOW) tool. This Comprising about 25,000 square kilometres, the Bow River basin The Bow River is approximately 645 kilometres in length. It begins at Bow Lake, at an River basin are often described as the booklet and the WSOW tool is intended to help water managers covers more than 4% of Alberta, and about 23% of the South elevation of 1,920 metres above sea level, then drops 1,180 metres before joining with the water towers of the watershed. -
First Canadian Centre
FIRST CANADIAN CENTRE Class A SUBLEASE FLOOR 11 - APPROX. 6,000 SF Kendra Pinder John Stones 403.571.8085 403.571.8086 [email protected] [email protected] Features & AMENITIES Shared office scenario “Plug and play” option Mix of office and open area Shared reception area Furniture available Large conference facility available to tenants free of charge Building is centrally situated within walking distance to numerous amenities including retail, restaurants, banking, professional services and eateries Located directly on CTrain line Plus 15 connection to Intact Place, 444 Seventh, Dome Tower, Centrium Place Space PROFILE Sublandlord: Questfire Energy Corp. Subpremises: 11th Floor: Approx. 6,000 sf Availability: Immediately Elevator Lobby Term Expiry: July 30, 2019 Rental Rate: Market sublease rates T.I.A.: As is Op. Costs & Taxes: $22.10 per sf (est. 2017) Parking: 1 stall per 3,000 sf Building INFORMATION Address: 350 Seventh Avenue SW Reception Year of Completion: 1982 Number of Floors: 41 Rentable Area: 508,688 sf Ave. Floor Plate: 16,914 sf Security: Card Key Access HVAC: Mon-Fri: 8:00 a.m. - 6:00 p.m. Landlord/ Building Manager: GWL Realty Advisors Inc. Office Meeting Room Open Area N 11th Floor DETAILS 12 exterior offices 2 internal offices Open area Kitchenette Copy room File Storage APPROX. 6,000 SF Cresa Alberta Suite 1400, 606 - 4 Street SW 14 Prince’s Number of Floors Island Centre Street Bridge Plus 15 Connections Calgary, Alberta T2P 1T1 Estates Condo Proposed Plus 15 Connections Memorial Drive tel: 403.571.8080 Rest. One way Directions Condo Light Rail Transit cresa.com Condo Railway Princeton l & II Ea u The Waterfront Building / Future Development Claire Future Y.M.C.A. -
Attach 1-Applicant Submission CPC2020-0430.Docx
CPC2020-0430 Attachment 1 Applicant Submission February 5, 2020 On behalf of TELUS, O2 Planning + Design (O2) proposes to redesignate the parcel at 622 1st Street SW to enable the development of a unique digital art installation that will transform the 1st Street SW and 7th Avenue SW streetscapes. The intent is to install an interactive digital display that is integrated into the first storey of the 7th Avenue façade, with an additional screen setback within the concourse of the building at the corner of 7th Avenue and 1st Street SW. The displays will function predominantly as a public art piece while also providing community outreach and advertising services. Above all else, the displays form the centerpiece of TELUS’ commitment to improving the public realm around the TELUS campus, creating a safe, engaging, and vibrant experience for the public. Facilitating the proposed digital art installation requires redesignating from the current land use, DC 5D2014 Site 2 and 3, to a new DC that includes a newly defined Digital Art Installation use. O2 will work collaboratively with administration to prepare a new DC district that includes a definition for the proposed use that balances the intent of the proposal with the requirements of the City. 7th Avenue SW is among Calgary’s most important transit corridors as it transports the LRT through downtown. It is one of the most heavily travelled corridors in the City, used daily by tens of thousands of Calgarians. It also forms part of the first impression of downtown for many visitors to Calgary, as it is a component of the City’s Civic District, anchored by the Municipal Building, Olympic Plaza, the new Central Library, and Stephen Avenue. -
Hyatt Regency Calgary Hotel Rooms and Suite Description
GUEST ROOM DESCRIPTIONS 700 Centre St SE, Calgary, AB T2G 5P6 T: +1.403.717.1234 F: +1.403.262.3490 www.calgary.hyatt.com Hotel Overview Step into the main lobby at Hyatt Regency Calgary and you’ll feel a sense of grand arrival. Custom woven carpeting in rich royal blue and burnt orange creates the perfect contrast for the historic 1866 Sandstone walls and our collection of over 500 original Western Canadian objets d’art. Our elegant CAA / AAA Four-Diamond Calgary, Alberta hotel offers an ideal setting in the heart of downtown Calgary, Alberta. Step through our doors to access all the attractions of the “Gateway to the Rockies” as you wander Stephen Avenue Walk located right in front of our hotel and filled with theatres, shopping and entertainment. • 355 stylish guestrooms with city or mountain views • Full service business center • Hyatt check-in/out kiosks • Pet friendly • Baker’s coffee shop • Thomsons Restaurant / Sandstone Lounge • 24 hour in-room dining • Stillwater Spa - only full service hotel spa in the city • 24 hour StayFit™ gym • Pool / hot tub / sauna / fitness concierge / Yoga Away TM • Over 34,000 square feet of meeting space • 13,500 square foot ballroom • Onsite meeting/event planners and A/V experts • Directly connected to the Telus Convention Centre • Off-site catering services • Below ground parking garage with 6’6” clearance that fits most full size trucks Standard Room - Newly Renovated in 2018 Step into our 400-square-foot Calgary accommodations – that are some of the largest guestrooms in downtown Calgary. Generous space is decorated in soft color palates of the Western Canadian Prairies with a contemporary look and feel. -
Calgary Alberta
Stay, Eat, Go: Calgary Alberta The Hyatt Regency Calgary is in the heart of downtown Calgary. Just steps away from the Calgary Tower, Stephen Avenue Walk, Studio Bell and the Glenbow Museum, the hotel offers an excellent central location for those looking to enjoy the local culture on foot. Hop on local transit to head to the Calgary Zoo, Fort Calgary or to take a craft brewery tour. I arrived at the hotel several hours prior to check-in time so my room was not quite ready. The desk clerk took my name and cell number, stored my luggage and gave me some suggestions of places I could visit in the area while I waited. Rather than wander too far on my first day, I visited the hotel restaurant for the buffet breakfast. After devouring fresh fruit and bacon from the buffet and a la carte eggs benedict I was sufficiently stuffed. My room was soon ready, and I was introduced to a comfortable room, a view of the city and a soft bed. During my stay at the Hyatt Regency Calgary, I took advantage of the Regency Room for the rest of my breakfasts and the occasional late- night snack or drink. The service in the Regency Room and throughout the hotel was STAY: impeccable. The desk clerk greeted me by name every time I passed through the hotel Hyatt Regency Calgary and the service staff in the Regency Room allowed me to grab a soft drink when I arrived 700 Centre Street SE, Calgary, AB shortly after they closed for the night. -
2015 Accountability Report
2015 Accountability Report Table of Contents Opening Message 1 Awareness 25 About Calgary Arts Development 2 Governance 26 Community Investment 3 People 29 Engagement 12 Committees, Assessors and Volunteers 31 Spaces 20 2015 Program Partners IBC Sylvie Moquin, Valentia Dimitriou, Caitlin Unrau, Natalka Lewis, Jessalyn Britton and Laura Barcelo perform in Corps Bara Dance Guild’s Cleansing . Photo: Char G Photography, courtesy of Corps Bara Dance Guild The world is changing—our diverse population and the use of digital technologies are bringing new opportunities for cultural expression and creative practices, both as hobbies and as careers. Opening Message We are seeing signs that the arts are becoming more central The arts are becoming more central to the identity of our city to the story Calgary is telling and more central to people’s lives. and to the way we host guests, such as Animate the Avenue, which was a signature Calgary experience provided at the Proof of this can be found in the boom of new cultural Community Foundations of Canada conference hosted by the facilities that opened in 2015, or were close to completion, Calgary Foundation. The Calgary Foundation has identified including the Evergreen Community Space, the Bella Concert the platform of Living a Creative Life as a vital priority in their Hall, the DJD Dance Centre, the Calgary Film Centre, recently renewed focusing document. And Calgary Economic cSPACE King Edward, and the National Music Centre. Proof Development tells us that attracting a creative workforce is can also be found in the multiplicity of ways people are of primary importance to Calgary businesses. -
Bow Valley Square I 202 - 6TH AVENUE SW, CALGARY, AB
FOR SUBLEASE > OFFICE SPACE Bow Valley Square I 202 - 6TH AVENUE SW, CALGARY, AB Constructed 1972 Rentable Area 136,871 square feet Average Floorplate 9,662 square feet Number of Floors 17 Landlord Bow Valley Leaseholds Limited HVAC Monday - Friday | 7:30 am - 6:00 pm Sublease Information Available Subpremises Floor 14 - 5,507 square feet or less Mostly furnished [no chairs] *chalk line shared Premises Sublandlord Crescent Point Resources Partnership Annual Net Rent Aggressive Sublease Rates Operating Costs and Taxes $25.07 per square foot [2017 estimate] Occupancy Date Floor 14 - Immediate Term of Sublease January 30, 2019 Parking One (1) stall per 2,000 square feet Comments > Newly renovated Premises > +15 connection to Suncor Energy Centre and Fifth Avenue Place > Conference centre in the complex > Food court on +15 and abundance of retail in the complex KEVIN MCGILLIS PATRICK MCGILLIS COLLIERS INTERNATIONAL Senior Vice President Leasing Assistant 900, 335 - 8th Avenue SW 403 215 8758 403 298 0405 Calgary, AB T2P 1C9 [email protected] [email protected] 403 266 5544 www.collierscanada.com Photographs Floor 14 - 5,507 square feet > 18 Exterior Offices > 2 Interior Offices > Meeting Room > Kitchen > Filing Area > Shared Reception > Internal Showers BOARDROOM /FAX STATIONARY KITCHEN SERVER FILE STORAGE SYSTEM FILE STORAGE RECEPTION SHARED AREA SHOWERS MEETING ROOM KITCHEN PRINTER COPY/ BOARDROOM / OFFICE BOARDROOM N Bow Valley Square I 202 - 6TH AVENUE SW, CALGARY, AB Bow Valley Square is one of Calgary’s most iconic office developments. Its central downtown location, along with two storeys of diverse retail amenities, including over 50 shops, services and restaurants, make Bow Valley Square an unbeatable combination of location and convenience. -
TD Square - Dome Tower 900, 335 8Th Avenue SW Calgary, AB T2P 1C9 the Dome Tower Offers Tenants Unprecedented Amenities and Convenience
DAN LANNON Senior Vice President | Partner 403 215 9865 [email protected] JIM REA Executive Vice President | Partner 403 215 7250 [email protected] FOR SUB-SUBLEASE | 333 7th Avenue SW, Calgary, AB Colliers International TD Square - Dome Tower 900, 335 8th Avenue SW Calgary, AB T2P 1C9 The Dome Tower offers tenants unprecedented amenities and convenience. Located at the www.colliers.com/calgary core of downtown Calgary’s financial and retail centres, the location provides convenient +1 403 266 5544 transportation and parking with direct access to the adjacent east/west LRT and to the neighbouring developments via Calgary’s Plus 15 and Plus 30 walkways. World class accommodations are within a few blocks at the nearby Sheraton, Hyatt, Fairmont Palliser and Westin Hotels. Direct access to The CORE Shopping Centre and Stephen Avenue pedestrian mall provides tenants to easily experience Calgary’s premier retail shops, restaurants and entertainment. Accelerating success. FOR SUB-SUBLEASE | 333 7th Avenue SW, Calgary, AB Sub-Sublease Information Available Sub-Subpremises Suite 2650 - 4,976 square feet Sub-Sublandlord Chronos Resources Ltd. Annual Net Rent Market Rates Operating Costs and Taxes $18.09 per square foot (2019 estimate) Term of Sub-Sublease November 30, 2022 Occupancy Date Immediate Parking 1 reserved parking stall available Building Details Constructed 1976 Rentable Area 399,800 SF Average Floorplate 14,300 SF Suite 2650 - 4,976 SF • 10 exterior offices Number of Floors 33 • 3 interior offices • reception Landlord AIMCo -
Layout 1 Copy
COVER FEATURE HCM Contractors Inc and RWH Engineering Inc Reach for the Sky From New Depths in Western Canada By Kailey DenBraber, EIT, RWH Engineering Inc. and Jason Weck MESc, P.Eng, President, HC Matcon Inc. Project Summary involved in the early stages of the project and were awarded the shoring scope prior to a geotechnical investigation being completed based on their Set to transform the skyline and become Calgary’s newest landmark, the in depth knowledge of the surrounding geological conditions and experi - TELUS Sky Tower is the next addition to the city’s downtown core. Located ence shoring in Calgary. The result was a Design-Build shoring solution in in the corner block of 7th Avenue SW and Centre Street, directly adjacent combination with monitoring services to be able to use an observational to The Bow, the 59-story tower will be the third tallest building in Calgary, method approach and manage risk. Alberta. The building is a combination of spaces for working and living The TELUS Sky project presented unique challenges due to the small foot - that give the architecture its unique sculptural shape and vertical ele - print of the project site and proximity to existing sensitive infrastructure; a gance to the skyline. The mixed-use TELUS Sky Tower was developed with 26-story building to the north separated only by a laneway, a 12-story build - an emphasis on sustainability using innovative design and technologies ing directly along the west side of the site, LRT tracks to the south and large Rendering of TELUS Sky Tower.