Strategic Group commences construction of $150 million 37-storey project in downtown Calgary
Strategic Group announced the commencement of construction on ONE. The company also advised that Firmus has been awarded the contract to begin work on the structural components of this highly anticipated project. ONE, located on the corner of 1st Street and 10th Avenue SE, is scheduled to be completed in 2020.
ONE is destined to become one of Calgary’s foremost addresses and will be a truly exceptional building – a place that offers both luxury and leisure and is home to endless opportunity. Residents of ONE will have access to inner-city amenities and the lifestyle of the trendy and character-rich Victoria Park and Beltline communities. The 37-storey building will feature 379 residential rental units and 331,000 square feet.
“Calgarians have seen a big hole for 16 years at the location for ONE,” said Riaz Mamdani, CEO of Strategic Group. “Through our team’s creative and unconventional approach, we have conceived a magnificent development. ONE will rise tall and proud – even in these financially challenging times.”