April 2, 2018

Anthem acquires a residential site in southwest Calgary

Anthem has acquired the first instalment of a 2.25 acre residential site (445 Bishop Drive SW) in southwest Calgary at the master planned community of Currie.

Anthem will develop the site into townhomes and mid-rise apartments aimed at students, first time buyers and young families. Appropriate zoning is already in place.

“Calgary is a core market for Anthem,” says Eric Carlson, CEO of Anthem. “We don’t expect any home runs but are happy to chip away at our land, residential and commercial portfolios indefinitely into the future. Calgary is a great city, with great people. It is affordable, has a well educated population and is a better deal for families, all in, than Toronto or Vancouver. It will grow and Anthem will be here to provide great space to those people requiring it.”

Anthem broke ground on a five storey condominium apartment on Memorial Drive in the Kensington neighbourhood in the fall of 2017 and construction is well underway with completion scheduled for late 2019.

Parkside, the final phase of Anthem’s Waterfront, a landmark one million square foot residential and commercial project in Eau Claire, will welcome new owners into finished homes this coming summer.

About Anthem:
Founded 27 years ago, Anthem is a team of 375 people driven by creativity, passion and direct communication. Anthem and Anthem United have invested in, developed or managed – alone or in partnership – more than 200 residential, commercial and retail projects with an aggregate value of more than $5 billion.

Our growing residential portfolio includes more than 11,000 homes that are complete, in design or currently under construction, from master planned mixed- use residential and multi- family, to townhome and single- family communities.

We own, co-own and manage 4.2 million square feet of retail, industrial, residential rental and office space across Western North America. We have developed more than 60 communities and currently hold over 5,000 acres of land across Western North America.

Anthem is a real estate and land development, investment, management and homebuilding company that strives, solves and evolves to create better spaces and stronger communities. We are Growing Places.