A 28-storey, 221-unit residential rental highrise is being planned for Calgary’s East Village — part of new development plans announced Tuesday by Calgary Municipal Land Corporation, which oversees the neighbourhood project.
CMLC said it has sold a piece of land at the southeast corner of 7th Avenue and 5th Street S.E. to Cidex Developments Ltd, which will develop the neighbourhood’s first residential rental project.
The rental high-rise, on a 24,000-square-foot parcel of land, will see the introduction of family-oriented, three-bedroom apartments to the community.
Read full story here.