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Eighth Avenue Place
Calgary, Alberta, Canada

Eighth Avenue Place is co-owned by three prominent investors - Ivanhoe Cambridge, the real estate investment arm of Caisse de dépôt et placement du Québec and one of the 10 largest real estate companies in the world; AIMCo (Alberta Investment Management), one of Canada's largest and most diversified institutional investment fund managers; and MATCo Investments, a private investment firm specializing in restructuring distressed companies.

Hines was chosen by the project's co-owners as the development manager for this premier twin-tower office complex in downtown Calgary. Completed in early 2011, Eighth Avenue Place consists of a 49-story, 1.1 million-square-foot East Tower, with a 1,143-space underground garage, and an atrium garden. The office space in Eighth Avenue Place is fully leased. Eighth Avenue Place II was completed in mid 2014 and consists of a 40-story, 840,000-square-foot West Tower. The office space in Eighth Avenue Place II is also fully leased.

The design concept for Eighth Avenue Place makes a metaphorical reference to the peaked and faceted Rocky Mountains that provide a compelling backdrop to Calgary. The slightly angled, sloped wall and roof surfaces create a constantly shifting palette of light, reflection and experience. The three-story lobby clad in natural stones, stainless steel and glass, is one of a kind in the city. The project features landscaped terraces and plazas facing 9th Avenue, and vibrant retail frontage along 8th Avenue.

Eighth Avenue Place is LEED Platinum and features landscaped terraces and plazas, a 30,000-square-foot green roof, and an atrium winter garden. Each office floor features 23,500-square-foot column-free floor plates with six corner offices, breathtaking mountain views, and abundant natural light.

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SUMMARY

Address
525 8th Avenue SW
Calgary, Alberta, Canada

Location
CBD Calgary, Alberta

Hines' Role
Development Manager
Property Manager

Architect
Pickard Chilton

Net Rentable Area
Office:
1,100,000 sq. ft.
(102,190 sq. m.)

Sustainability
LEED Platinum 2012

Contact Information
Gordon Menzies - General Property Manager
403-592-2850

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Copyright © 2001-2013 Hines Interests Limited Partnership. All rights reserved. Hines and the Hines logo are registered trademarks of Hines Interests Limited Partnership.