Our Northeast Calgary industrial/commercial condominium project has now closed 82,184 square feet, with an additional 48,059 square feet pre-sold — at record-high per-square-foot prices for newly constructed units in the city.

Our partners at Avison Young shared this on the result:

"The project achieved record high sale prices on a per square foot basis for newly constructed units in the city. While Calgary has not traditionally been known as a pre-sale market, the strong momentum generated in Phase 1 led to a highly competitive sales process for Phase 2, with multiple offers received across a range of unit sizes. For years, Bucci Developments continues to demonstrate its strong commitment to Calgary’s growth. They currently hold an active presence in both the industrial and residential sectors, including the development of new multi-family projects in the city. Congratulations to the businesses relocating to the area and to all parties involved in contributing to the success of this project."
— David Jantzie, Principal, Avison Young | SIOR

Echoing David, Congratulations to the businesses making Northeast Calgary their new home, and thank you to everyone who contributed to this result.