FOR INFORMATION CONTACT: STUART WATSON Senior Vice President 403 750 0540 stuart.watson@cbre.com KATIE SAPIEHA Vice President 403 750 0529 katie.sapieha@cbre.com MACKENZIE ALLEN Sales Representative 403 303 3608 mackenzie.allen@cbre.com
REDEVELOPMENT OVERVIEW: Originally built in 1912 by the Neilson Furniture Co. and later occupied by the Independent Biscuit Company as a manufacturing operation, the Biscuit Block has undergone a complete restoration and expansion to provide a rare opportunity for newly finished character space in Calgary s next up and coming community, the Warehouse District (Victoria Park). Led by the experienced development team at Royop, the project added two stories with dramatic architecture and a 5th floor patio showing off views of the cityscape, river and mountains. The new underpass along 4 th Street SE has transformed access between the developments, East Village, the Stampede Grounds and the revitalized Warehouse District. With all new building systems, elevators and windows, the Biscuit Block offers a unique combination of both modern and rustic finishing all within the heart of a burgeoning new community. PROPERTY DETAILS: Address: Year Built: 1912 Space Available: Available Date: Total Building Size: Parking Availability: Parking Rates: TI Allowance: Net Rental Rate: 438 11 th Avenue SE Suite 201: 3,598 SF Immediately 44,737 SF 3 underground stalls 1 surface stalls Underground: $260/month Surface: $250/month Negotiable Market Located five minutes walking distance from downtown and city hall, the Biscuit Block offers a pedestrian-friendly work experience allowing employees to enjoy quick access to the river pathway system, the retail amenities of Macleod Trail, and close proximity to the LRT station. Operating Costs: $18.86 per SF
FLOOR PLAN: Suite 201: 3,598 SF N
EAST VICTORIA PARK AN AREA IN TRANSITION EAST VILLAGE REDEVELOPMENT (ONGOING)_ 4 TH STREET UNDERPASS (2011) COWBOYS CASINO (2012) Since 2007, the East Village has been undergoing a major transformation with more than $113 M spent on infrastructure improvements alone. Two major mixed-use residential projects with roughly 1,200 new condos have been constructed. The first two phases of RiverWalk and RiverWalk Plaza have been completed and more development announcements are forthcoming. There are also two new public parks planned for the east village area - Fifth Street Square and Centre Square. After more than three years of planning, the $70M 4th Street Underpass was completed on November 1, 2011. This infrastructure project created a through fare along 4th Street SE connecting East Victoria Park directly to the East Village Redevelopment Are. This project has greatly improved accessibility to the area by allowing a direct access point from the project to downtown. Cowboys casino (formerly Stampede Casino), re-opened under its new name in July 2012. The re-branded Cowboys Casino is one of Canada s largest entertainment casino complexes. Cowboys Casino includes Zen 8 Sushi Grill - updated to include full-service interactive Tappenyaki Tables, Melrose Cafe & bar, as well as Calgary s favorite - the Cowboys Dance Hall. HILTON GARDEN INN CALGARY DT HOTEL (2016) The Hilton Garden Inn Calgary Downtown Hotel is set in the heart of the East Village Redevelopment with just steps to the various pathways, urban parks, business district and city agencies. Each modern room boasts high end finishes and convenience utilities such as microwave, mini-fridge and complimentary Wi-Fi. The facility also has event space capacity for up to 300 guests and 2,700 square feet of ballroom space. The icing on the cake is the spacious rooftop terrace that overlooks the Rocky Mountains. Formerly known as Arriva 2, The Guardian has been redesigned and launched by Calgary developer Hon Towers. The building is the tallest residential tower in Calgary boasting 44 stories of glass and steel. This high end residential tower is a mixed-use development that is dedicated to residents by offering amenities such as underground parking and commercial spaces in the podium beneath. Construction commenced early January 2013 and concluded in the fall of 2014. The Cantos Music Foundation s new National Music Centre broke ground on February 22, 2013 and was completed on June 29, 2016. The five floor, 160,000 square foot centre is constructed by CANA in conjunction with Allied Works Architecture at the King Eddy Hotel site. The building includes a 300 seat performance area, classrooms and museum for the east building as well as a bridge complete with an open air terrace connecting the east building to the revitalized King Eddy Hotel. The New Central Library is located one block east of City Hall atop the LRT tracks that bisect the library site - necessary first step to delivering the NCL. Construction commenced in May 2014 and is progressing at a promising rate to be completed in 2018. A space for people to think, dream, explore and become, the New Central Library s vision is To Inspire All. THE GUARDIAN (2015) STUDIO BELL/NATIONAL MUSIC CENTRE (2016) NEW CENTRAL LIBRARY (2018) This disclaimer shall apply to CBRE Limited, Brokerage, and to all other divisions of the Corporation ( CBRE ). The information set out herein (the Information ) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE.
FOR INFORMATION CONTACT: STUART WATSON Senior Vice President 403 750 0540 stuart.watson@cbre.com KATIE SAPIEHA Vice President 403 750 0529 katie.sapieha@cbre.com SITE MACKENZIE ALLEN Sales Representative 403 303 3608 mackenzie.allen@cbre.com