RENTAL: ‘Af­ford­able’

Calgary Herald New Condos - - New Con­dos -

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

CHECK IT OUT

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.

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