ASI National Block II
Location Area & Highlights
Located at the intersection of 17th Avenue and 5th Street SW (1513 5th Street SW and 602 17th Avenue SW) these assets were strategically acquired as these properties are located across the street to our ASI National Block building. ASI National Block II; “The Fifth” will be one of Calgary’s most enticing boutique retail and residential condominium developments. It is located at the heart of Calgary’s No.1 rated Community on one of the most vibrant corners of the 17th Avenue corridor. “The Fifth” will be one of Calgary’s Premiere urban live-work-play destinations. Retailers and Residents alike will benefit from the area’s many significant attributes including an amenity – rich corridor, young affluent demographic and enhanced street scape as the City continues with the multi-million dollar investment into the infrastructure and beautification of 17th Avenue.
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development consists of a 5 storey, 67,186 SF retail and residential
condominium development. The main floor is over 12,000 SF of retail that will be leased to a mix
of value added retailers that fall in line with our work, live, play
development mission. The remaining floors (2-5) will be
elegantly built residential units which will own a spectacular view of
the heart of 17thAvenue
SW and the downtown skyline. Our mixed-use building will accommodate 48
unique residential units along with 34 underground parking stalls. The
development is slated to break ground Fall 2018 with an estimated
completion of Q4 2019.