Details have been released on two new developments on Waterfront Drive by a Calgary developer that will bring an additional 330 rental units to the East Exchange.
The $100 million development will include 170 units on the site currently occupied by Great West Metal on Waterfront Drive between Alexander and Pacific Avenues. It will be designed as a very modern structure that will wrap around the heritage building behind it which will be converted to commercial space.
The second part of the development will be two six story buildings on the corner of Waterfront Drive and Galt Avenue.
The deal was recently closed by CentreVenture and the buildings have been designed by Exchange District based 5468796 Architectural.
See this WFP article for further details: WFP-2019-10-08