Vancouver-based Anthem Properties has acquired the former headquarters of CBC/Radio-Canada Calgary for redevelopment into multi-family homes.
The 2.43-acre site at 1724 Westmount Boulevard was purchased by Anthem for $12 million, after CBC moved to 1000 Veterans Place last fall after six decades at the Westmount location. The developer has plans to create an 84-unit, three-storey townhouse community of two- and three-bedroom suites.
"We are pleased with the acquisition of the former CBC/Radio-Canada site and our proposal to develop high quality townhomes in the Hillhurst-Sunnyside neighborhood," says Eric Carlson, CEO of Anthem. "Anthem is committed to Calgary as a core market for its diversified portfolio of residential and commercial properties.
To date, Anthem Properties has developed, or is in the process of designing, almost 12,000 residential units across Canada, with a total commercial and residential portfolio value of more than $5 billion.
Anthem submitted its land use and development permit application to the City of Calgary in June 2018. If approved, construction could begin by spring 2019.