For Sale 608 1St Street Sw, Calgary, Ab

Total Page:16

File Type:pdf, Size:1020Kb

For Sale 608 1St Street Sw, Calgary, Ab SALE LEASE BACK OPPORTUNITY THE GRAND THEATRE FOR SALE 608 1ST STREET SW, CALGARY, AB savills.ca THEGRAND 608 1ST STREET SW CALGARY, AB THE GRAND - Historic Theatre Built in 1912 by Sir James Lougheed, the historic Grand Theatre, originally named Sherman Grand Opera House, was known as the marker that took Calgary from a “humble ranching town” to the class of a big city. The theatre was the cornerstone of entertainment in Calgary until the early 1960’s, when the Jubilee Auditorium was built. The theatre was slated for demolition in 1979 as it had ‘come to the end of it’s economic life’. In 2004, The Grand was being utilized as an indoor driving range, slated to become a parkade, when it was saved by a generous donation. The Theatre Grand became, once again, one of the leading contemporary theatres in Canada. 2 1 THEGRAND | 608 1ST STREET SW, CALGARY, AB | THE GRAND - Historic Theatre Preserving its historic structure, Theatre Junction Grand THEGRAND re-opened in March 2006. Still as the cornerstone to the Lougheed block in Calgary, The Grand now operates as a multi- 1 1 Fifth Avenue Place functional event space. Weddings, receptions, performances, 2 Bow Valley Square parties, presentations and gatherings of all sizes can now 3 Suncor Energy Centre East Tower celebrate the history of Calgary together with their guests. The The Bow 2 3 4 Grand collaborates with Workshop Kitchen + Culture to provide 4 5 First Canadian Centre a full-service venue space. 6 Brookfield Place Interested in taking a Google Tour of The Grand, click here. 7 8 7 The Lougheed Centre 9 5 6 8 Telephone Building 9 Hanover Building 10 11 10 Len Werry Building 14 11 Telus Sky 13 17 12 National on 8th 16 12 13 Stephen Avenue Place 14 Hudson’s Bay 15 15 DAVIDsTEA 16 Winners 17 Hyatt Regency Calgary 2 3 THEGRAND | 608 1ST STREET SW, CALGARY, AB | Property Highlights BUILT Historic building, built in 1912 MULTI-USE SPACE Theatre and event space with in house restaurant LARGE CAPACITY For event rentals, up to 500 people 4 5 THEGRAND | 608 1ST STREET SW, CALGARY, AB | Lease Back Details Lease Back Term Negotiable Approximate NOI Yr. 1 $363,000 Rentable Square Footage 30,269 SF 6 7 THEGRAND | 608 1ST STREET SW, CALGARY, AB | 8 9 THEGRAND | 608 1ST STREET SW, CALGARY, AB | 10 11 THEGRAND | 608 1ST STREET SW, CALGARY, AB | 12 13 THEGRAND | 608 1ST STREET SW, CALGARY, AB | Event Space Capabilities STAND-UP STYLE SIT-DOWN STYLE PRIVATE ROOMS AVAILABLE DIMENSIONS COCKTAIL RECEPTION SERVED MEAL Entire Facility (Incl. Theatre) 3,000 SF (2 LEVELS) 25 - 400 16 - 250 Entire Facility (No Theatre) 2,200 SF (2 LEVELS) 200 N/A Workshop Dining Room 1,500 SF (1 LEVEL) 150 90 Mezzanine Bar 540 SF 85 N/A Vintage Room 25 16 14 15 THEGRAND | 608 1ST STREET SW, CALGARY, AB | Click the here to take a Google Tour of The Grand The Theatre Grand The Grand Alley Party Mode Models - Hot Neon Productions Kicking Up A Fuss - History of The Grand 16 17 CONTACT For further information please contact: Paul McKay [email protected] 587 387 3190 SAVILLS CALGARY 400 3rd Avenue SW #1410, Devon Tower, Calgary, AB, T2P 4H2 All information furnished regarding property for sale, rental or financing is from sources deemed reliable. No presentation is made as to the accuracy thereof and it is submitted to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. savills.ca.
Recommended publications
  • Report on Sustainability 2020 CEO Message
    Report on Sustainability 2020 CEO message As I write this, the world is contending with the health and economic effects of a global pandemic which has not only impacted lives, but has brought about disruptions to fnancial markets, businesses, and the way we work and live. Mark Little president and chief executive offcer This crisis is highlighting how interconnected environmental, social and economic systems are. Responding and recovering from the effects of the pandemic and fostering resiliency will require cooperation and collaboration among all stakeholders. Our collective actions can have an enormous impact when we work together to fnd solutions. At Suncor we use our purpose – Our purpose embodies to provide trusted energy that enhances people’s lives, while caring for each other and our commitment to the earth – to guide our decisions and actions. sustainability and is our As much as our world has changed through COVID-19, Suncor remains fully committed to our strategy, sustainability leadership and our role in the energy transition to a low-carbon future. guide in these times of Our commitment is unwavering and continues to be at the heart of everything we do. uncertainty. We all have a We continue to see outstanding progress being made on the social goal we’ve set, including role to play in our shared increasing the participation of Indigenous Peoples in energy development. In 2019, we spent more than $800 million with Indigenous businesses, representing 8% of our total supply chain energy future. spend. We have also increased the number of Petro-Canada™ stations that are Indigenous-owned Mark Little and operated.
    [Show full text]
  • 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.
    [Show full text]
  • 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
    [Show full text]
  • 2014 Annual Report on Form 20-F
    ANNUAL REPORT 2014 Brookfield Property Partners L.P. DEAR UNITHOLDERS, I am pleased to report that 2014 was a successful year for Brookfield Property Partners L.P. (“BPY”). We generated Company FFO of $758 million and, when combined with fair value gains of $4.1 billion, we earned a return of 21% on equity. Importantly, BPY delivered a total return of 20% to unitholders for the year. In addition to solid financial performance, we were able to accomplish a number of key objectives that we had established at the beginning of the year, laying a solid foundation for growth over the next several years. Some of BPY’s significant achievements for the year include: Re-launching BPY in the Public Markets Upon spin-off of BPY in April of 2013, we established a goal to reduce the percent of our balance sheet invested in public securities. In June of 2014, we completed the privatization of Brookfield Office Properties Inc. (“BPO”), issuing $3.3 billion of equity and effectively re-launching BPY in the public markets. From the closing of the BPO tender offer on April 1 through the end of the year, BPY units delivered a total return of 26%, outperforming the S&P, the MSCI U.S. REIT index and the majority of our peers. Increasing Occupancy at Brookfield Place New York Facing the expiration of a major lease in September of 2013 at Brookfield Place New York, and a 59% occupancy rate, we launched a $300 million redevelopment and repositioning plan for the complex. Thanks to this plan, the hard work of our New York team, and the sharp turnaround in the office leasing market in New York, we executed three million square feet of leasing in Lower Manhattan during the year.
    [Show full text]
  • 2019 Report on Sustainability
    REPORT ON SUSTAINABILITY 2019 TABLE OF CONTENTS | 2 TABLE OF CONTENTS TABLE OF CONTENTS CEO MESSAGE CEO message ................................... 3 Climate change ................................ 53 Innovation ....................................... 125 ABOUT OUR REPORT Our perspective and engagement .......................... 54 Our approach to technology and innovation ........ 126 About our report ............................. 6 STRATEGY AND GHG performance and mitigating emissions ......... 59 In situ technologies .................................................. 130 GOVERNANCE Strategy and governance ............... 10 Integrating our GHG performance goal ................. 64 Mining technologies ................................................ 133 About Suncor ............................................................ 11 Low-carbon innovation ............................................ 67 Reclamation technologies ....................................... 135 OUR BUSINESS Sustainability Q and A ............................................. 12 Carbon risk and energy outlook ............................. 70 Upgrading and refning technologies .................... 136 Sustainability goals .................................................. 15 Resilient strategy ...................................................... 75 Renewable technologies .......................................... 137 CLIMATE CHANGE UN Sustainable Development Goals ....................... 16 Carbon policy and regulation .................................. 79 Digitalization
    [Show full text]
  • 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.
    [Show full text]
  • Boma Building Guide – Calgary 1 2011-2012 Choosing a Security Provider Is One of the Most Important Decisions You Have to Make
    BOMA BUILDING GUIDE – CALGARY 1 2011-2012 Choosing a security provider is one of the most important decisions you have to make. That doesn’t mean it can’t be easy. Protecting the safety and assets of your Key Solutions: property has many facets. Personal • Advanced Access Control, Intrusion security. Organizational liability. Maintaining Detection and Video Surveillance profitability. Guarding intellectual property, • 24/7 Monitoring and Remote Monitoring equipment and inventory. Fortunately, you • Call Centre Services can address all of these concerns with one • Comprehensive IP-Based Solutions simple decision. Choose ADT and Intercon • Long-Term and Short-Term Security Personnel Services Security. From cutting-edge access control • Mobile Alarm Response and 24/7 monitoring to security personnel • Locksmith Services and locksmith services, ADT and Intercon Security offer comprehensive security For more information, call 403.291.2868 or solutions and protection you can trust. visit www.ADT.ca or www.interconsecurity.com Drawing from a wide range of experience, products and services, we can offer specific solutions to help protect your employees, your assets and your business as a whole. Monitoring Access Control Video Surveillance IP Solutions Intrusion Detection Security Guards Locksmithing RBQ 3019-4070-50. © 2011 ADT. All rights reserved. ADT and the ADT logo are registered trademarks of ADT Services AG and are used under licence. Intercon Security is an affiliate of ADT Security Services Canada, Inc. 2011-2012 2 BOMA BUILDING GUIDE – CALGARY BOMA BUILDING GUIDE – CALGARY 3 2011-2012 PUBLISHER: BOMA Calgary 25th ANNUAL BOMA BUILDING GUIDE ASSOCIATE PUBLISHER: William G.R. Partridge, CAE BOMA COMMUNICATIONS COMMITTEE: CALGARY 2011–2012 Vicki Gibbs, Design Group Staffing Inc.
    [Show full text]
  • 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.
    [Show full text]
  • 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.
    [Show full text]
  • 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.
    [Show full text]
  • City-Owned Historic Resource Management Strategy
    LAS2014-25 ATTACHMENT 5 HISTORIC BUILDING SNAPSHOTS 1. A.E. Cross House 16. Glenmore Water Treatment Plant 2. Armour Block 17. Grand Trunk Cottage School 3. Bowness Town Hall 18. Hillhurst Cottage School 4. Calgary Public Building 19. Holy Angels School 5. Capitol Hill Cottage School 20. McHugh House 6. Cecil Hotel 21. Merchant’s Bank Building 7. Centennial Planetarium 22. Neilson Block Facade 8. Calgary City Hall 23. North Mount Pleasant School 9. Cliff Bungalow School 24. Reader Rock Garden - Residence 10. Colonel Walker House 25. Rouleau House 11. Eau Claire & Bow River Lumber 26. St.Mary’s Parish Hall/CNR Station 12. Edworthy House 27. Union Cemetery Caretakers Cottage 13. Fire Hall No. 1 28. Union Cemetery Mortuary 14. Fire Hall No. 2 29. Y.W.C.A. 15. Fire Hall No. 6 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 ISC: UNRESTRICTED Page 1 of 30 LAS2014-25 ATTACHMENT 5 1. A.E. CROSS HOUSE of Calgary's oldest homes and its asymmetrical design features includes several unusual architectural elements typical of the Queen Anne Revival period. These include a wood-shingled hip roof with cross gables, banks of bay windows on the front and side facades, a sandstone foundation, a "widow's walk" balustrade, and gingerbread trim. The interior has many of the original features, including hardwood flooring, fir used for the door and window trim as well as an elaborate open stairway with custom fabricated wood handrails, newels and balusters and two brick fireplaces.
    [Show full text]
  • 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.
    [Show full text]