Most Successful Calgary Condo Launch Since Recession

Calgary’s newest condo launch is the city’s most successful grand opening since the recession as 252 units have sold at the Parkside development, part of the Waterfront project along the Bow River in the Eau Claire neighbourhood.

They sold in the span of three days late last week.

It’s another sign of the growing demand for inner-city condo ownership.

Parkside, directly adjacent to Sien Lok Park, will consist of four buildings of 17, nine, nine and six storeys with 302 units. Prices range from $289,900 to $2.3 million.

The company bought the current land just east of the Eau Claire Market in 2004 and started construction on the first building in 2007.

Construction on Parkside will begin in the spring 2015 and all four buildings will be built at once with spring/summer 2018 completion.

The downtown condo market is a segment of housing that never existed before in Calgary. The city’s skyline will be completely transformed in the coming years.

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