Developer: Hines
Architect: Solomon Cordwell Buenz, KIRKOR Architects and Planners
  
Address: 1104 4th Street SW, Calgary
Category: Residential, Commercial (Retail)
Status: CompleteCompletion: TBD
Height: 453 ft / 138.00 mStoreys: 40 storeys
Project Forum 1.1K posts
Real Estate Forum
Follow 14 followingUpload 689 photos
Official WebsiteReport Error


Park Central | 138m | 40s | Hines | S.C.B.

General rating of the project

  • Great

    Votes: 25 25.8%
  • Very Good

    Votes: 53 54.6%
  • Good

    Votes: 14 14.4%
  • So So

    Votes: 4 4.1%
  • Not Very Good

    Votes: 0 0.0%
  • Terrible

    Votes: 1 1.0%

  • Total voters
    97
Hines is putting this one up for sale. I don't know if it is both towers, or just the first, completed one (I hit the paywall), but here is the article:
 
Article states that only the completed tower is for sale at this point in time. Hines is one of the biggest players in the US office market. I suspect it would need to raise cash. Commercial real estate is in big trouble with rising vacancies and financing rolling over at much higher rates. I suspect pension funds will be the next shoe to drop given that sectors exposure to commercial real estate.
 

Back
Top