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MoDA's ultra-modern plans for 1520 4th Street SW appear to be out the window, as Grosvenor prepares to hold an open house that will unveil a substantially different concept for the site on the edge of the Mission and Beltline districts. At 1405 4th Street SW from 6:30 to 8:30 PM on Wednesday, February 15th, the public will get their first look at the new redevelopment proposal.
The site is currently home to a ten-storey office tower and podium built in 1974. Grosvenor acquired the property, including its 34,000-square-foot surface parking lot, in 2011. It had previously been owned by Great West Life, which purchased the site in 2005.
This is the same property that attracted considerable attention when MoDA's two-tower vision was released. The mixed-use scheme would have included 330 residential units, office space, and ground-level retail space. The proposal also called for the conversion of the existing office block to a boutique hotel. And unlike most residential projects, the MoDA design contained a considerable public component atop the podium.
Stantec and McKinley Burkart appear to be attached to the new iteration. This won't be Grosvenor's first development in Calgary. Drake and Smith, sibling towers on the same Beltline block, are two of the developer's most significant works.
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