Hats off to sec­ond of three tow­ers

Calgary Herald - Calgary Herald New Condos - - New Condos - MARTY HOPE CAL­GARY HER­ALD

Top­ping-off cer­e­monies have al­ways been a big deal in Cal­gary’s highrise com­mu­nity. But to have two by the same com­pany at a time when the real es­tate mar­ket in strug­gling is a re­ally big deal.

“Achiev­ing a mile­stone like this in to­day’s chal­leng­ing eco­nomic en­vi­ron­ment is par­tic­u­larly note­wor­thy and speaks vol­umes for the skill and com­mit­ment of our en­tire de­vel­op­ment team and constructi­on work­force,” says Ran­dall Provost, pres­i­dent of Key­note De­vel­op­ment Cor­po­ra­tion.

Provost made the com­ments fol­low­ing the re­cent top­ping-off of the first res­i­den­tial tower of the three-tower Key­note com­plex lo­cated be­tween First Street and Macleod Trail S.E. and 11th and 12th Av­enues.

Six months ear­lier, Key­note cel­e­brated in the same way for its 14-storey of­fice tower that has the en­gi­neer­ing firm of CH2M Hill as its an­chor ten­ant.

Al­though the top­ping-off cer­e­mony for the first 26-storey res­i­den­tial tower has taken place, there are still about 19 of the 179 units left for project sales man­ager Jean­nie El­rafie to sell.

“We’re see­ing an in­crease in in­ter­est from peo­ple — not in­vestors, but peo­ple who ac­tu­ally want to live down­town,” she says from the Key­note sales and pre­sen­ta­tion cen­tre across First Street from the constructi­on site.

The fully-fur­nished show suite model is typ­i­cal of an ac­tual 635square-foot, one-bed­room apart­ment condo in the tower.

“They’re small, but we’ve given them promi­nence in the tower by putting some of them on the cor­ners on all floors so they have won­der­ful views,” says El­rafie.

Step­ping into the suite, the lay­out of the main liv­ing area is in front of you.

The open­con­cept de­sign in­cludes kitchen, liv­ing room and din­ing room.

Cork is the floor­ing of choice in this part of the suite while car­pet­ing and porce­lain tile is used in other ar­eas.

The kitchen, with an is­land separat­ing it from the liv­ing room, has gran­ite coun­ter­tops, glass tile back­splashes (set on end rather than in a hor­i­zon­tal pat­tern), Formica- faced cab­i­nets with two dif­fer­ent fin­ishes and stain­less steel ap­pli­ances.

The bed­room is car­peted and a walk-through close leads to the bath­room that uses porce­lain tile on the floor and is shown with a tub/shower.

Out­side the bath­room be­hind a sin­gle hinged door is a stack­ing washer and dryer.

Pric­ing for unit starts at $370,000 with condo fees set at 40 cents per square foot.

There are three dif­fer­ent fin­ish­ing pack­ages avail­able.

Through the tower, the avail­able suites range from 635 to 931 square feet and are priced from $370,000 to $550,000. As well, there are eight Sky Suites — pent­houses mea­sur

ing more than 1,500 square feet — that are priced at just over $1 mil­lion, ac­cord­ing to El­rafie.

Constructi­on of the sec­ond res­i­den­tial tower will halt, for the time be­ing, at the top of the re­tail podium. No date has been set for work to be­gin on the res­i­den­tial por­tion.

“It’s very much de­pen­dent on the mar­ket,” says El­rafie.

Pho­tos cour­tesy Key­note De­vel­op­ment Corp.

Large win­dows cre­ate abun­dant sky­line views in the condo units in Key­note, a three-tower com­plex.

At left, al­most wall-to-wall and floor-to-ceil­ing win­dows open up the main liv­ing area bring in light and cap­ture city views in the units. At right, the el­e­gant bath­room shows a high level of stan­dards in the unitsw, such as dec­o­ra­tive tile and gran­ite...

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