Gaslight Square site reborn as Centre 10
21.05.12
The parcel of land formerly known as Gaslight Square is taking on new potential for business development.
The land - at 10th Avenue and 4th Street S.W. - has been in the news over the past couple of years as developers had failed in their attempts to convert it into two highrise condominium towers.
Gateway Midtown never 'got off the ground' as a residential property, but Cole Harris, president of Centron Group of Companies, realized the potential of the site as a mixed-use office/ retail development and purchased it through CBRE realtor Garry Beres.
Harris says the due diligence was difficult, as the site had already been excavated and seven storeys of underground parking completed, so the single building structure had to be re-designed taking into account the existing foundations.
Bruce McKenzie of NORR Architects presented Centron with a 10-storey, 355,000 square foot building - 17 floors including the parkade - that offers a 36,000-square-foot floor plate. A development permit was granted last week. Renamed Centre 10, McKenzie says it is designed in the true neo-modern international style esthetic, layered with seven different hues of glass with anodized aluminum frames that give it a playful-looking facade. There is a rooftop terrace that creates a wonderful tenant amenity and there are outside patios on the west and south sides at the second level. Centre 10 boasts a fitness facility, common mail room operation and staffed concierge.
Source: Calgary Herald