East Village high-density site

Overview

Goodman Commercial is pleased to offer an incredible opportunity to acquire a high-density mixed-use development site in the heart of East Village, Calgary’s pre-eminent master-planned urban district.

431 6 Avenue SE is a 1.41-acre cleared and leveled site. Centre City East Village Transition District (CC-ET) zoning allows development up to 7.0 FAR with permitted uses including rental, condo, hotel and a wide variety of commercial uses including retail and office.

Location

The property is prominently located on the southwest corner of 6 Avenue SE and 4 Street SE in Calgary’s East Village neighbourhood, just outside the downtown central business district and two blocks south of the Bow River and Calgary Riverwalk.

Through the Calgary Municipal Land Corporation (CMLC), the City of Calgary has invested nearly $400 million in infrastructure and public improvements to kick-start revitalization of East Village into a world-class mixed-use urban neighbourhood.

Significant new development has already occurred on the surrounding properties.

Immediately south of the site is the stunning Calgary Central Library and a new Hilton hotel. North of the property, Bosa Development and RioCan recently completed the Arris Residences project, featuring two high-rise residential towers and a 180,000 SF commercial podium anchored by Real Canadian Superstore.

One block to the west is Calgary City Hall along with campuses of the University of Lethbridge, University of Calgary and Bow Valley College.