apartments will be small,” says Hamstead.
Kaleidoscope will have floor-to-ceiling multicoloured glass walls, with plans calling for 50 twobedroom suites of 572 square feet each, as well as and 20 one-bedroom units of 386 square feet.
Laundry facilities and a garbage chute will be on each floor and the project will also include both underground and surface parking.
To encourage the use of bicycles, there will also be underground storage space for 85 bicycles.
Above the main-floor office and retail space will be a rooftop terrace for the use of residents and guests.
Monthly rent will start at $815 for the one-bedroom units and $970 for the twobedrooms, says Hamstead.
“We see a strong cross-section of renters — students attending the University of Calgary or working there or at Foothills Hospital, maybe young professionals working downtown and neighbourhood people moving within the market,” says Hamstead. LOCATION: The northwest community of Banff Trail on a triangular piece of land bordered by 24th Street and Capitol Hill Crescent N.W, just off Crowchild Trail. RENT: Rents for the one-bedroom suites will start at $815 and at $970 per month for the two-bedroom models.
Located on a triangular piece of land just off Crowchild Trail — bordered by Capitol Hill Crescent and 24th Street N.W. — the building will contain six storeys.
It will include five floors of residential above ground-level office space, along with about 1,100
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For information, visit square feet of retail that Hamstead envisions as a coffee shop. The office space is to become Birchwood’s corporate offices.
The project is located within 600 metres of the Banff Trail and University LRT stations, as well as across Crowchild Trail from the U of C campus and Foothills Athletic Park.
“We’re going to keep the rents affordable, so the
www.birch woodproperties.ca The east elevation of the development as seen in this artist’s drawing. Rents are going to be kept affordable in Kaleidoscope through the creation of smaller apartments.