Anthem Properties acquires former CBC Calgary building for $12M

The site is slated for construction of 84 two- and three-bedroom townhouse units

By
Western Investor
July 6, 2018





anthem properties
Landscape site plan for the multi-family development slated for the former site of CBC Calgary headquarters. | Anthem Properties

 

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. 

 

Tanya is a recent graduate of Langara College's journalism program and spent a summer freelancing for The Burnaby NOW and The Record, following a reporting internship with the publications. She joins Western Investor as an editorial assistant. Very much a millennial, she sees the irony in writing about real estate she will likely never be able to afford.
Copyright © 2018 Western Investor

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