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  #1  
Old Posted Jul 17, 2014, 2:59 PM
Spring2008 Spring2008 is offline
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Place 10

Well they've dug a down a few metres across most of the Eastern tower site with the first pile driver now setting up on site.


Courtesy of Surrealplaces in the global section:
Place 10: 524 10th Ave SW, 612,000 Square Feet for both buildings

Place 10 by Calgary Renders, on Flickr

http://www.cbre.ca/o/calgary/Pages/f...se-office.aspx

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  #2  
Old Posted Jul 17, 2014, 3:05 PM
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I'm thrilled to see this one going ahead. Even though it's only a couple of average 14 storey buildings, this is huge for the development of the core.

Last edited by Surrealplaces; Jul 17, 2014 at 3:22 PM.
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  #3  
Old Posted Jul 17, 2014, 3:11 PM
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Quote:
Originally Posted by Surrealplaces View Post
I'm thrilled to see this one going ahead. Even though it's only a couple of average 14 storey buildings, they are huge for the development of the core.
Agreed! Happy to see that parking lot gone and replaced with a nice development

Glad to hear they're getting the ball rolling on it
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  #4  
Old Posted Jul 17, 2014, 3:15 PM
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I'm thrilled to see this one going ahead. Even though it's only a couple of average 14 storey buildings, they are huge for the development of the core.
Yeah, was happy to see a bunch of work going on and the pile driver there this morning. Biggest gap in the core right now, and the street level treatment is solid.
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  #5  
Old Posted Jul 17, 2014, 3:17 PM
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Centron recently sold Centre10 across the street for ~$750,000psf or $300M total. Cashed in on that one for sure, and both these towers will be larger at 600,000 sf each.
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  #6  
Old Posted Jul 17, 2014, 3:46 PM
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So I assume they are proceeding on spec? Big risk with the rising vacancy rates and so many towers u/c right now...

Either way, it's not my money, and will be good to start chipping away at those parking lots around the tracks with development such as this.
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  #7  
Old Posted Jul 17, 2014, 3:57 PM
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These are great IMO. Maybe I am just happy they are replacing parking lots, however, I like the simple design and scale. The streetscape looks nice and I love the patios along 5th and 4th.

I am excited for future development at this scale along 10th ave.
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Old Posted Jul 17, 2014, 5:17 PM
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Damn, I like what this'll do for the underpass.

Now to get some Gateway action going on the lot north of this...
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  #9  
Old Posted Jul 17, 2014, 5:25 PM
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So I assume they are proceeding on spec? Big risk with the rising vacancy rates and so many towers u/c right now...

Either way, it's not my money, and will be good to start chipping away at those parking lots around the tracks with development such as this.
This city's an office magnet. Office markets turning up again, and we're pretty much the only city in the country besides TO that can absorb 1M sf of office space per quarter once things get going. Their Centre10 project across the street is 100% occupied. 20+ new office towers last boom, this boom lots more office tower throughout the inner city just to keep up.
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  #10  
Old Posted Jul 17, 2014, 8:25 PM
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Originally Posted by DarthMalgus View Post
So I assume they are proceeding on spec? Big risk with the rising vacancy rates and so many towers u/c right now...

Either way, it's not my money, and will be good to start chipping away at those parking lots around the tracks with development such as this.
There hasn't been any announced anchor tenants but there have been rumblings of some tenants who have intent. I wouldn't be surprised if they have someone lined up already.
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Old Posted Jul 18, 2014, 4:49 PM
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There hasn't been any announced anchor tenants but there have been rumblings of some tenants who have intent. I wouldn't be surprised if they have someone lined up already.
Growth space for Conoco Phillips?
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  #12  
Old Posted Jul 19, 2014, 8:28 PM
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Surreal's pic prob from thur. When I left frid they were setting it up right at the tower site with piles etc nearby.

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Old Posted Jul 20, 2014, 5:08 PM
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2 pile drivers now:
Quote:
Seems to be a big hole, but I didn't cross the road to verify

Place Ten ip1188 by ferreth, on Flickr
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  #14  
Old Posted Jul 24, 2014, 3:07 PM
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Correction - I believe the combined tower sf is 600,000, 300,000 sf for each tower.
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  #15  
Old Posted Jul 24, 2014, 4:31 PM
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Good to see two pile drivers on site. We should see some good progress
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  #16  
Old Posted Jul 29, 2014, 2:47 PM
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^Very busy site lately; 2 caisson drills, plus concrete trucks, backhoes, excavators etc.
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  #17  
Old Posted Jul 29, 2014, 5:41 PM
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^Very busy site lately; 2 caisson drills, plus concrete trucks, backhoes, excavators etc.
Full steam ahead!
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  #18  
Old Posted Jul 29, 2014, 6:31 PM
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Indeed. We went to Sky360 last night and we could see the drills working away even at 7pm.
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Live or work in the Beltline? Check out the Official Beltline web site here
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  #19  
Old Posted Jul 31, 2014, 2:43 PM
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Looks like we know of two of the restaurants opening across the street at Centron's other new tower.

Quote:
Massive Place 10 tower displays Centron's vision


BY DAVID PARKER, CALGARY HERALD JULY 31, 2014 7:14 AM



Centron Group has begun construction of its 620,000-squarefoot Place 10 office/retail complex on the north side of 10th Avenue between 4th and 5th Streets S.W., directly across the street from its Centre 10 building.

Upon completion it will bring Centron's investment on that block to a million square feet.

Attempts had been made by other developers to construct highrise condominium towers on the former Gaslight Square property on the south side of 10th Avenue, but after lengthy due diligence Centron decided a single, mixed-use development was the best way to bring life to the abandoned site.

Norr Architects was hired to design a 10-storey, 355,000-square-foot building that was built with a great deal of confidence on spec. Centron was right. Good judgment and 30 years of experience paid off again. The new, glass-encased office floors are fully leased and La Prep restaurant and Pampa Brazilian Steakhouse will open in the main floor retail.

Place 10 is another spec development that shows Centron's aggressive confidence in this city. It has been designed by Gibbs Gage Architects with two 14-storey towers above four levels of parking providing 456 stalls.

Wayne Benz, president of Centron's construction group, is overseeing the building of the east tower that will rise above the 4th Street subway offering 318,500 square feet of rentable space with typical floor plates of approximately 25,000 square feet.

They provide plenty of daylight and a stunning rooftop terrace adds to the opportunity to enjoy Calgary's sunshine.

Gibbs Gage partner Vince Dods says the overall design is focused on its relationship to downtown, just steps away through the short underpasses to Bankers Hall, The Core and Eight Avenue Place.

Strip vertical lighting to the top of the building alongside staggered vertical elements make a signature entrance to downtown and the stepped back massing of the plaza level that flows down into a new pedestrian element will do much to make the underpass more attractive.

That area, with its floating pavilion roofs, is expected to welcome a classy restaurant, part of the 10,000 square feet of available retail space in the east tower.

Centron president and COO Cole Harris says approvals are in hand to construct a Plus-15 walkway across 4th Street into the city parkade giving covered access through Gulf Canada Square to Stephen Avenue and LRT stations.

Tenants will reach the elevator banks by way of a two-storey high main lobby. Drivers will enter the parkade from 10th Avenue between the towers, an access that's also the driveway to the loading docks, tucked well away from the visible tower of transparent glazing and metal panels.

Place 10 will be ready to accept tenant improvements by the first quarter of 2017 with occupancy scheduled for the fall of that year. Angus Fraser, John Fisher and

Stuart Watson of CBRE are the exclusive realtors for office leasing.

Centron founder, chairman and CEO Bob Harris has built a strong presence in the downtown and beltline office development, but continues to build high-quality projects in suburban Calgary. Construction was recently completed on its four Class A buildings at Blackfoot Point and Centron has under development Fountain Court Business Park, a 90,000-square-foot office complex on the northeast corner of Glenmore and Blackfoot Trails.
http://www.calgaryherald.com/life/fa...712/story.html
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  #20  
Old Posted Jul 31, 2014, 5:20 PM
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Nice to see two more restos open up in the Beltline...especially the Brazilian. As long as they provide decent food, they place will do really well.
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