Archives from December 2014

Vancouver-based Hungerford Properties is launching its third commercial condo project in Calgary.

Michael Hungerford, partner in the company, said Fairmore Business Park is the only new office and warehouse condo project in south central Calgary, and one of few opportunities to own new commercial space in the heart of the city.

The development, located off of Macleod Trail and Glenmore Trail near the LRT station and Chinook Centre at 7005 Fairmont Dr. S.E.,  consists of two office buildings, one warehouse, a mixed-use building featuring a retail unit, in a total of about 165,000 square feet.

Construction is expected to begin by July 2015 and be completed by March 2016.

“It’s our overall confidence in the Calgary market. The business opportunity there and the growth of the market,” said Hungerford. “And with a favourable interest rate environment and well-located properties, building good products, we’re seeing success with (commercial condos) which gives us the confidence to do it again.

Click here to read the full article.

Click here to go to the Fairmore website.

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