Completed Projects

In partnership with Bentall Kennedy, Gracorp developed the Kelowna Community Health and Services Centre, located in downtown Kelowna, B.C. This 150,000 square foot centre has been leased to the Interior Health Authority and houses approximately 800 staff who offer a wide variety of health-care services to support local patients. These services cover a range of community health, public health and administrative… more

Anthem Apartments Seattle, Washington

Gracorp developed (a 100% equity interest) a multi-family residential apartment project situated at 12th Avenue and Yesler Way in Seattle, Washington. The 124,000 square foot project consists of 120 apartments and 4,000 square feet of commercial space on the ground floor. The apartment mix is comprised of studio, one-bedroom and two-bedroom apartments. Anthem opened for occupancy in early July 2015 and… more

On behalf of the Graham Group, Gracorp oversaw the sale of an office/shop/service facility in the Acheson industrial area just west of Edmonton, Alberta to Forbes Bros. Ltd. The site is strategically located at the junction of major roadways: Highway 16 (the Yellowhead), which also provides access to the busy Peace River Country via Highway 43, and Highway 60. The land… more

Shoppers Drug Mart Vancouver, B.C.

In 2010, Gracorp began co-developing (45% equity interest) a two-storey Shoppers Drug Mart with an underground parkade at Granville Street and 13th Avenue in Vancouver. The store consists of 17,500 square feet of net rentable space, two elevators and a 20-stall parkade. The Granville/Broadway market is one of the most desired retail areas in Vancouver with a limited supply of… more

Marriott Hotels Calgary, Alberta

Gracorp entered into a loan agreement to provide a participating mezzanine loan to facilitate the development of a 158-room Residence Inn and a 171-room Courtyard by Marriott Hotel. The six-storey hotels are connected and share common amenities like a fitness centre, indoor swimming pool, whirlpool and back-of-house facilities. They are part of an 11.5-acre, multi-phase development situated at Barlow Trail… more

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Gracorp co-developed the Alberta Schools Alternative Procurement Phase II Project, which consisted of the design, construction, financing and long-term maintenance of seven new schools in Calgary and area and three in Edmonton. As part of a new approach to construction, core school designs for K-4, K-6, and K-9 configurations were used for the project. The design has a permanent core… more

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In July 2015, Gracorp concluded a $98.7 million sale/leaseback transaction for selected offices and lands of the Graham Group. A new entity – owned 75% by Artis REIT and 25% by the Graham Group – acquired the land and buildings at eight operational sites in Regina, Saskatoon, Edmonton, Calgary and Delta. The lease term is 19 years and the Gracorp… more