CONDO OF THE WEEK

Calgary Herald - Calgary Herald New Condos - - Front Page -

No doubt about it. Land-locked Cal­gar­i­ans

love wa­ter, so when they get a chance to live near some, they grab it.

See what’s mak­ing the big splash at the Water­front project,

No doubt about it. Land-locked Cal­gar­i­ans love wa­ter. That may be the first fea­ture that Water­front tower in Eau Claire has to of­fer, but it cer­tainly isn’t the only one that has at­tracted peo­ple to the devel­op­ment by An­them Prop­er­ties that’s now un­der con­struc­tion just a stone’s throw from the Bow River.

The large com­plex con­sists of two 24-storey tow­ers now un­der con­struc­tion, with units any­where from 581 square feet all the way up to a 3,500-square-foot pent­house.

A podium level un­der the sec­ond tower also has 139 stu­dio and loft units of 500 to 600 square feet.

An­other tower, some town­homes and a low-rise build­ing are planned for the fu­ture, so by com­ple­tion, more than 1,000 new hous­ing units will grace the banks of the Bow River just east of Eau Claire Mar­ket.

“The first tower will be com­plete in about three months,” says Greg Zayadi, di­rec­tor of sales and mar­ket­ing for An­them, which is a Van­cou­ver-based com­pany. “We have sold 130 of the 177 units in that tower, with buy­ers who were orig­i­nally lo­cal, then a few from Van­cou­ver who know our com­pany and know Cal­gary and be­lieve it’s a good in­vest­ment.”

The ce­ment is just be­ing poured about half­way up the sec­ond tower and con­struc­tion is ex­pected to fin­ish on it in about one year.

Of the 133 units, slightly more than 70 have sold.

The Flats, the smaller stu­dio and loft units, have been very pop­u­lar.

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