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The Qualex-Landmark Group capitalizes on Calgary’s demand for inner-city urban living
Calgary, AB – Qualex-Landmark Group of Companies, the most active condominium developers in Calgary’s Beltline Community, announced today it is adding another residential community in the Beltline with the acquisition of the 0.7 acre site at the corner of 11th Avenue and 12th Street SW. It will be Qualex-Landmark Group’s 7th condominium building within the Beltline.
With $370 million in real estate sales and more than 1,000 chic homes built (or under construction) in the Beltline in the last ten years, the Qualex-Landmark Group continues to show enormous faith in the Calgary market.
“The urban lifestyle is becoming increasingly attractive, with walkability and the convenience of access to amenities. We are achieving success by tapping into the growing trend of New Urbanism as an increasing number of Albertans opt for downtown living,” says Mohammed Esfahani, president of Qualex-LandmarkTM.
Esfahani continues, “The acquisition of this 7th site is another testament to Qualex-Landmark Group’s commitment to Calgary and long term presence in the Beltline. The response to our communities has been phenomenal and we are pleased to be in a position to provide more first-class residential offerings to Calgary’s urbanites, as the appeal of an active, urban lifestyle continues to grow.”
The purchase of this new site further affirms Qualex-Landmark Group’s reputation as the Beltline’s most active condo developer and its continued focus on building in the heart of amenity-rich, mixed-use, high-density communities. Most recently, 274 one and two bedrooms homes sold out at the Mark on 10th residential tower and residents are expected to move in early 2016.
For Qualex-LandmarkTM, its priority remains focused on its newest community, PARK POINT, located at 12th Avenue and 2nd Street SW. Further contributing to the vibrancy of Calgary’s Beltline, PARK POINT’s two towers with 34 and 27 floors respectively will create at full build out approximately 500 new residences that will overlook Central Memorial Park, one of the oldest and most historic parks in Canada. Tower One will represent another $110 million in downtown Calgary real estate sales.
Situated on the former CIBC Operations Centre building site, PARK POINT will offer a modern interpretation on downtown living with a strong, sophisticated architectural vision and contemporary style. The elegant and innovative mixed-use residential tower will consist of a wide selection of one and two bedroom suites with optional den / flex space, street level live-work townhomes, and penthouses. Buyers will have the flexibility to choose tailored floor plan options.
The first release of PARK POINT condos is anticipated for March 2015. The PARK POINT Discovery Centre will be located on-site at 301 11th Ave SW, corner of 11th Avenue and 2nd Street SW, across from Central Memorial Park.
Qualex-Landmark Group of Companies is responsible for the creation of more high-rise residential communities in Calgary’s Beltline Community than any other developer. Designed by globally renowned and award winning architectural firms such as IBI Group, Rafii Architect and Zeidler BKDI Architects, projects in Calgary include Stella, Nova, Luna, Calla, Mark on 10th and PARK POINT.
Qualex-Landmark Group’s success is attributed to its ability to innovate and its dedication to quality and customer satisfaction. Those who register now at www.qualex.ca/parkpoint will be first to receive priority information on PARK POINT’s progress, early purchase opportunities and access to the widest range of available homes.