PCL to build 490-unit rental development beside Calgary’s Chinook Centre
AI Article Summary
PCL Construction is set to lead the development of a new transit-oriented rental community in Calgary, featuring two towers on 61st Avenue near the CF Chinook Centre. This project, developed in cooperation with Cadillac Fairview, will include 490 purpose-built rental units. The towers will stand at 20 and 19 stories respectively and will be connected by a multi-storey podium.
What This Means for Canadian Contractors
This project showcases the growing trend of transit-oriented developments in urban areas, highlighting the emphasis on accessibility to public transport. For Canadian builders, this means an increased need for collaboration with transit authorities and potential adjustments to project timelines due to transportation considerations. Furthermore, the use of a multi-storey podium highlights the trend towards efficient land use in dense urban environments.