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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The development consists of a 5 storey, 23,835 square foot retail and residential condominium development. The main floor of our building will be comprised of highly desirable boutique commercial retail space of approximately 6,500 square feet. The remaining floors (floors 2-5) will be elegantly built residential units which will own a spectacular view of the heart of 17th Avenue SW and the downtown skyline. Our mixed-use building will accommodate 34 residential units along with 15 – 20 underground parking stalls. The development timetable for the construction completion is estimated at 24 – 28 months (September 15 – December 15, 2018).