Current GVest Projects

Gracorp is developing, Rhapsody, a purpose built rental apartment building in a new master planned community adjacent to the University of Calgary known as the University District. Rhapsody will consist of two floors of underground parkade, a main floor commercial / retail space, anchored by Save-on-Foods, and five storeys of concrete and steel stud purpose built rental apartments. In total,… more

Poplar Centre Calgary, Alberta

Poplar Rendering Daytime

GVest Poplar Centre Limited Partnership is co-developing, Poplar Centre, a medical office and retail building located at 5512 Macleod Trail just south of Downtown Calgary. The Poplar Centre project is being developed in partnership with Rise Management Inc., an experienced medical office developer that has completed seven similar projects across Western Canada. The project is approximately 67,500 sq. ft. consisting… more

Marine & Kerr Vancouver, British Columbia

Gracorp plans to develop a 70,000 sq. ft. multi-family condominium building located at 3104 SE Marine Drive in Vancouver. The land is one of the last remaining undeveloped parcels in the Vancouver River District which has already been extensively developed into multi-family housing similar to the type proposed for Marine & Kerr. The River District is Vancouver’s largest master planned… more

Gracorp has co-developed (25% equity interest) the Eagle Landing power centre, an approximately 300,000 sq. ft. shopping centre in Chilliwack, B.C. The project was fully constructed in early-2014 and has remained approximately 95% leased since late-2015. The centre includes a 152,000 sq. ft. Walmart as the lead tenant, an 84,000 sq. ft. Home Depot, and a 10-screen Cineplex theatre. A number of national brand… more

Edmonton Southwest Lands Edmonton, Alberta

eswl-map-tn

Gracorp is a co-development partner in a number of large residential and commercial real estate assets located in southwest Edmonton. Gracorp manages the Edmonton Southwest Lands Limited Partnership (“ESWL-LP”), which includes a series of projects in partnership with other developers such as Cameron Development Corporation, Harvard Developments and Delcon Development Group Ltd. Formed in 2004, ESWL-LP owns an interest in… more

Tsawwassen Commons is a major new retail shopping centre being developed on lands under a 99-year lease from the Tsawwassen First Nations at Tsawwassen, B.C. In September 2014, Gracorp sold a 50% equity interest in the project and retained the other 50% interest. Tsawwassen Commons is an approximately 550,000 square foot development that includes big box stores (Walmart, Canadian Tire… more