COM­PLEX: Vi­sion

Calgary Herald New Condos - - New Con­dos -

The other was a project — called “First” — by Fram+slokker of Toronto.

First will be a two-com­po­nent com­plex — in­clud­ing an 18-storey tower and a four-storey, L-shaped se­lec­tion of con­dos cov­er­ing two sides of the tower’s base on Sixth Av­enue S.E.

The av­er­age unit size at First will be 700 square feet, but will range be­tween 415 and 1,180 square feet.

Unit prices have not yet been de­ter­mined, but they will likely start from the mid-$200,000s (go to our web­site at­gary her­ for our story on the project: East Vil­lage marks down­town re­birth).

Since 2007, East Vil­lage has gone through $113 mil­lion in in­fra­struc­ture im­prove­ments and other work through Cal­gary Mu­nic­i­pal Land Corp. (CMLC), to re­vi­tal­ize the once down­trod­den dis­trict.

“There’s prob­a­bly no bet­ter real es­tate op­por­tu­nity in North Amer­ica,” said Bruce Kerr, pres­i­dent of Slokker Canada Corp., in an ear­lier in­ter­view.

Along with In­gle­wood, East Vil­lage is the old­est area in Cal­gary, dat­ing back to the found­ing of Cal­gary by the North-west Mounted Po­lice in 1875.

“There was a magic to it,” says Bosa of his visit to East Vil­lage.

“We saw that the street treat­ments were all done and the light­ing and the benches — it cre­ated a very high-end feel to it.”

But for Bosa, it was CMLC’S East Vil­lage mas­ter plan that clinched his in­ter­est.

“The mas­ter plan lends it­self to what we have done in the past and what we have seen work,” says Bosa.

The plan sets out a long-term vi­sion for a mixed-use neigh­bour­hood.

Evo­lu­tion in­cludes three phases over three parcels of land. Once com­pleted, it will be one con­tin­u­ous site.

The first phase, called Fuse, is a 21-storey con­crete tower with an eight-storey mid-rise build­ing on River­front Av­enue.

This phase in­cludes 203 units and four town­houses. Once com­pleted, the first phase will con­nect to the sec­ond phase.

The sec­ond phase, called Pulse, in­cludes 284 units and 12 town­houses. The two phases will share ameni­ties such as a fit­ness room, steam room and a sauna and a so­cial lounge.

These phases will also share a joint three-level parkade.

The third phase is in the de­sign stage and has not yet been named. While a to­tal num­ber of units has not yet been de­ter­mined for the third phase, the Evo­lu­tion de­vel­op­ment is ex­pected to have up­wards of 600 to­tal units in to­tal.

Units in the first phase range from 680 to 1,200 square feet, with the av­er­age unit size on a typical floor be­ing 1,000 square feet. The largest pent­house suite will be 2,500 square feet.

Most of the units will be a mix of one-bed­room-plus-den and two-bed­room lay­outs. Town­houses have two bed­rooms and a den and are about 1,600 square feet.

Prices of the units have yet to be an­nounced.

A wide range of buy­ers are ex­pected to be drawn to the de­vel­op­ment, says Bosa.

The smaller units should ap­peal to first-time home buy­ers, while the larger units are ex­pected to catch the eye of empty nesters, says Bosa.

“It will be peo­ple who are tired of look­ing af­ter their big yard and driv­ing ev­ery­where,” he says.

Res­i­dents look­ing to stay ac­tive have a fit­ness cen­tre in­side the build­ing.

Pho­tos cour­tesy, Em­bassy Bosa Inc.

Evo­lu­tion by Em­bassy Bosa Inc. will in­clude about 1,700 square feet of re­tail space on its ground floor, as seen in this artist’s ren­der­ing.

Cal­gary Her­ald Ar­chive

Af­ter decades of ne­glect, the re­de­vel­op­ment of East Vil­lage is bring­ing peo­ple back to one of Cal­gary’s old­est neigh­bour­hoods.

Cal­gary Her­ald Ar­chive

Ryan Bosa, pres­i­dent of Em­bassy Bosa Inc., in East Vil­lage in 2010.

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