Centron ups profile with Fountain Court Project ~ Article by David Parker, Calgary Herald
- Nov 28, 2014
On Thursday, at a reception for the local real estate community, Cole Harris, president and chief operating officer of Centron Group, announced his company’s newest development — a premium, A-class campus style office park to be called Fountain Court.
Located high above the northeast intersection of Glenmore Trail and Blackfoot Trail, it will be built on one of the city’s most high-profile sites that’s passed by more than 150,000 vehicles each day.
Fountain Court, designed by Norr Architects, will feature three separate buildings totalling more than 90,000 square feet of rentable office space and served by 256 parking stalls.
The former Fountain Tire shop and maintenance facility has been stripped to the frame and slab. The interior is being rebuilt as a single-storey structure with nine-foot ceilings and a 24,000-square-foot floorplate.
Buildings 2 (17,628 square feet) and 3 (14,073 square feet) are two-storey new structures built on the wild grass escarpment, with floor-to-ceiling windows and nine-foot ceilings. Facades will be modern brick and metal architectural panels. The interiors allow for maximum flexibility and efficiency for a variety of layout options.
The large Fountain Court sign on the corner of the park will include a 40-foot by 12-foot LED glass panel that will bring attention to the classy project. The listing agent for Fountain Court is Peter Mayerchak and his team at Colliers International. Construction on the first building will be ready for tenant improvements by the end of January.
Harris also took the opportunity at Thursday's reception to confirm Centron’s purchase of the former Crane Supply lands — seven acres on the north side of 58th Avenue at 3rd Street S.E.
Norr is planning the best use of the new property that could provide up to 300,000 square feet of suburban office over four multi-level buildings with underground parking.
Centron Group has about 500,000 square feet of new suburban office space built or under construction in south central Calgary, including the 130,000-square-foot Blackfoot Point overlooking Deerfoot Meadows that’s 70 per cent leased.
Add the 650,000 square foot Place 10 Centre office tower under construction on 10th Avenue S.W. across from its very successful Centre 10 tower, and Centron’s commitment to this city’s future adds up to more than one million square feet under development.