Park Point Beltline

Walkability Increases Demand as Downtown Population Booms

dHz Media Client Releases, Park Point, Qualex-Landmark

PARK POINT earns Walk Score® of 98 per cent as Calgary’s Beltline population set to double

Calgary, AB – Qualex-LandmarkTM announced today that PARK POINT, the 6th condominium tower in the Qualex-Landmark Group of Company’s portfolio located in the heart of Calgary’s highly sought after Beltline, has earned a Walk Score® rating of 98 per cent. As Calgary’s most active developer in the Beltline, Qualex-LandmarkTM attributes the massive growth of the downtown community to walkability.

The City of Calgary is projecting the Beltline’s population to double in twenty years as it increases from 19,336 to 35,498 in 2034 (Source: In one year, according to the 2014 Civic Census, Calgary’s Beltline population increased by 1,091 residents (April 2013 to April 2014. Source: The metropolitan area has appreciated at an average annual rate of approximately seven per cent to nine per cent over the past decade according to the Fall 2014 Market Manuscript Report released by Senior Vice President, Market Research and Analytics, Ben Myers of Fortress Real Developments (Source: Fortress)

“Downtown living is becoming increasingly popular due to convenient access to amenities within a short walk,” says Mohammed Esfahani, president of Qualex-LandmarkTM. “In addition to the fantastic amenities within the building, residents of PARK POINT will have every conceivable service and amenity at their fingertips, from grocery stores, fashion, cafés, gourmet dining, art galleries and parks to athletic stores, hair salons and medical services. You’ve got it all.”

Developed by an advisory board and validated by leading academic researchers, the Walk Score® methodology involves analyzing hundreds of walking routes to nearby amenities and awards points based on the distance to amenities in each category; walk, transit and bike. PARK POINT has been labeled a ‘Walker’s Paradise’ by Walk Score®, due to its location within a pedestrian and bicycle friendly area at 12th Ave and 2nd Street SW.

PARK POINT has been placed in the top category amongst the most centrally located condominium buildings in Calgary, guaranteeing residents the ability to carry out all daily errands by foot. In addition, PARK POINT will offer 12th Avenue retail and live-work options fronting onto Central Memorial Park. Elevated amenities include an outdoor Yoga / Pilate’s sundeck, a Zen Terrace and an open air lounge area with seating, a fire pit, and BBQ. To support the carefree urban lifestyle of downtown Calgarians, there is secured parking, bike storage and bike maintenance stations, as well as vehicle, bike and dog wash areas.

“Calgary’s urban sprawl is one of Canada’s largest. As the population of Calgary grows, we’re working with the city to reduce urban sprawl by offering housing in urban areas such as the Beltline, where we see strong demand for urban living,” says Esfahani. “With five other residential developments in the inner city, we are committed to renewing the vibrancy of Calgary’s Beltline Community by creating an attractive, popular urban lifestyle.”

According to Walk Score®, Calgary is the tenth most walkable major city in Canada with over one million residents. PARK POINT is located in a relatively flat area of the city with numerous bike lanes and transit options. This contributes to ease of mobility for pedestrians and cyclists. The LRT station at 7th Ave and 3rd Street SW is less than a ten-minute walk, making it ultra-convenient for residents to venture outside the downtown area.

Qualex-Landmark Group’s focus is on building residential communities in the heart of amenity-rich, mixed-use, high-density communities. To date, Qualex-Landmark Group of Companies numerous projects in the Beltline Community represent $370 million in residential real estate value.

Bird's Eye Night Rendering
Photo caption: PARK POINT rises 34 storeys overlooking Central Memorial Park
Photo source: Qualex-Landmark Union Inc.

TM denotes one or more trade-marks of Qualex-Landmark Management Inc. used under license by Qualex-Landmark Union Inc.