A developer from Vancouver has plans to build the most luxurious condominium complex to be found in Calgary. Everything in the condo building from head to toe will be top-of-the-line at The Concord. This will be sure to attract even more high-end buyers to Calgary.
The price for the units will range from a minimum of $1 million and will go as high as $13 million. The $13 million penthouse suite will measure 6,000 ft.² while the smaller suites will consist of 1,050 ft.². The complex itself measures 350,000 ft.².
The new condominium luxury development will be built in the community of Eau Claire and will be across from Princes Island Park. It will be built along the banks of the Bow River and will be the most flood mitigated project for residential use that has ever been designed.
Some of the best luxury features to be found in the development include kitchens that are worth $270,000, 4-car garages being offered to occupants, a skating rink in the winter and water features in the summer, a 25 m swimming pool, party room, 24-hour concierge, theater, golf simulator, Pilates and yoga studio and much, much more.
The flood mitigating features include a first floor that will be situated above the flood level, secant piles that will protect the development against any water seepage and a concrete wall that surrounds the site. The secant piles will encapsulate the buildings completely below the ground.
If everything goes as planned, construction on this new complex will start in March 2015. It's expected that it will take 3 years to complete the project. The Concord will consist of two buildings with a total of 218 suites available.