New Projects on the Rise in U/D
March 22, 2023
U/D Reaching Elevated Heights with New Rental Residential Project
On your next visit to U/D, you may see some new retailers and buildings continuing to take shape in our mindfully made community. Gracorp and Harrison Street’s purpose-built rental project Block 15 is currently on the rise.
With an official name yet to be revealed, Block 15 will boast an impressive range of rental residences and modern amenities. The complex will create a dynamic and modern architectural profile across two residential towers, which will be eight and sixteen stories at completion.
This residential building will be the largest in the neighbourhood to date, boasting a total of 303 rental units. The concrete building will offer studio (380 square feet), one bedroom (515-660 sq ft), two bedroom (700-865 sq ft) and 3-bedroom (1170 sq ft) units.
Located at the corner of 39th St and Kovitz Ave, Block 15 residents will be seconds away from our three-acre Central Commons Park and the Retail Main Street.
Building amenities include keyless entry, a full-service fitness facility, a dedicated study space, an indoor lounge space, secure bicycle storage and a communal 9th floor rooftop courtyard with dedicated grill space, offering stunning views of both downtown Calgary and the Rocky Mountains.
Block 15 is poised to exceed Built Green Gold certification and will be solar ready. They hope to foster a sense of belonging among residents while also emphasizing their commitment to sustainability, incorporating eco-friendly features into the building’s design.
“We are dedicated to creating another amenity-rich, tenant-focused development that aligns with University District’s vision,” says Novy Cheema, Vice President of Real Estate at Gracorp, “We look forward to helping more Calgarians find a great place to call home in one of the city’s most desirable communities.”
Pre-leasing is anticipated to begin in May 2025.
Block 15 joins two other purpose-built rental projects in U/D, including Aria, located above Save-On-Foods and other retailers along our Retail Main Street, and The Forge, currently under construction. The Forge will offer 92 units above a retail podium at ground level, offering one, two- and three-bedroom options with an expansive outdoor area for residents. There are also rental residences that occasionally become available at Esquire.
Another new addition soon on the rise in U/D is Dean’s Landing by Rohit Communities. Offering a combination of elevated condominiums and stacked townhomes available for purchase, the 200-unit project will start construction in the spring of 2023 with occupancy starting in the fall of 2024.
Seed N Salt Announces Future U/D Location
And some great news for those who love local, Seed N Salt, a quick service café providing healthy and delicious food choices, is planning a future location in U/D. They offer a wide selection of bowls, salads, breakfasts, café drinks, smoothies, craft beer and regional wines, all created with fresh ingredients. We love how Seed N Salt’s philosophy of supporting local and seasonal farmers and producers aligns with our community vision.
With an anticipated summer/fall 2024 opening date, the restaurant café joins an already impressive selection of restaurants, retailers and eateries in U/D, and will offer quick, healthy food options for on-the-go Calgarians and visitors who never want to compromise on nutrition.
We look forward to featuring additional details about the new Seed N Salt location closer to its opening date.
Save the Date – Homes by Avi to launch third U/D project this May
We are excited to be launching the third residential project from Homes by Avi this May. You’re invited to join us as we celebrate at our builder launch on May 6, 2023 from 12 – 5 PM at the Discovery Centre. Join us for music, light refreshments and a few surprises. Meet the builder and enjoy a guided tour of their new show suite. Watch our social media and website for all the details and mark your calendars!
Hi, its a rental unit only
Or I can buy ?
Hi, Block 15 by Gracorp Properties and Harrison Street will be rental only, but the new project coming in May will be a for sale project!