The massive mixed-use University District development in Calgary has launched a new residential condominium project, secured new retailers and officially broken ground on its three-acre Central Park.
West Campus Development Trust, which is spearheading the overall development, and Avi Urban announced recently that the new condo project, Argyle, will feature one-, two- and three-bedroom condos. They will range in size from 500 to 1,150 square feet. The completed six-storey building will include 128 units above a retail ground level.
“This is the second project we have launched with Avi Urban in University District, and our seventh for sale residential project overall, if you factor in our valued partners Brookfield Residential and Truman,” said James Robertson, president and CEO of West Campus Development Trust, in a news release. “Creating a destination neighbourhood like University District requires innovation and creativity, and Avi has been a great partner, to help bring our vision to life.”
Central Park will be the heart of University District as a gathering place throughout the year. It will feature a winter skating rink with a cooling system, a staging area for concerts, picnic area with tables and barbecue pits, a water fountain feature, an interactive play feature for all ages, patio space, public washroom and showers for bike commuters, public plaza and underground parking.
“From the start, we have envisioned University District as a gathering place for people of all ages to interact, live and play,” said Robertson. “We are in the third year of turning our ambitious vision into reality, and this groundbreaking is an important milestone. In addition to starting the construction of Central Park, we want to celebrate our many residential projects currently under development and a variety of retail, entertainment and service retailers who are preparing to open in 2020.”
Staples, Pet Planet and Clever Daycare will join University District as retailers.
The trust said there are more than 1,000 residential units under construction with many retailers scheduled to open in the summer of 2020. They include Save-On-Foods, Analog Coffee, Freshii, Scotiabank, Pet Planet, Curious Hair Skin Body, Denim & Smith Barbershops, Press’d Sandwich Shop and Market Wines. Later in 2020, OEB Breakfast Co., YYC Cycle, Orangetheory, University District Dental, Five Guys and UC Noodles & BBQ will be open for business. Cineplex VIP Cinemas and Clever Daycare are scheduled to open in 2021, it said.
University District is a 200-acre master planned community located west of the University of Calgary and bordered by 32nd Avenue N.W. and Shaganappi Trail.
The residential Argyle project will feature fully customizable options within each unit. Buyers can work with a designer at the 6,000-square-foot Selections Centre.
“For Argyle, we wanted to provide something really unique and special,” said Charron Ungar, president of Homes by Avi Group of Companies. “Today’s buyers want to customize their home to match their distinctive tastes and lifestyles. By working with our design team, they can create the space of their dreams, from cabinetry to flooring and finishes. The options are truly endless.”
Argyle by Avi Urban will be located directly across from University District’s three-acre Central Park and will feature a ground level retail podium that includes shops, entertainment, restaurants and essential services.
Argyle residences will start in the $280,000s.
Mario Toneguzzi is a Troy Media business reporter based in Calgary.