Cadillac Fairview Breaks Ground on First Residential Rental Project in Calgary Near CF Chinook Centre

CALGARY, Alberta (Nov. 6, 2025) — Cadillac Fairview has broken ground on its first residential rental project in Calgary, a 490-unit development located on 61st Avenue near CF Chinook Centre, the company announced.

Details of the Calgary Residential Project

The project includes two towers of 20 and 19 storeys connected by a multi-storey podium with residential units and amenities such as co-working spaces, lounges, and wellness facilities. According to Cadillac Fairview, the development will also feature public outdoor spaces, four levels of parking, and direct access to public transit.

The rental towers are designed as a transit-oriented development, situated one block from CF Chinook Centre and adjacent to the Chinook LRT station. The company stated that the project supports its goal of creating connected communities across Canada.

Company Leadership Comments

“This groundbreaking residential development in Calgary is a testament to Cadillac Fairview's vision for creating vibrant, connected communities,” said Sal Iacono, President and CEO of Cadillac Fairview. “Residential development is not new to CF and we are proud to bring essential housing to this important community as we continue to shape the future of urban living across Canada.”

Brian Salpeter, Executive Vice President of Development at Cadillac Fairview, said the project represents an expansion of the firm’s presence in Calgary. “The launch of our new residential building marks a significant expansion of our presence in this dynamic city and we are honoured to continue contributing to Calgary's growth and long-term success by providing exceptional living experiences,” he said.

Context Within Cadillac Fairview’s Portfolio

The new residential project is located adjacent to CF Chinook Centre, one of Cadillac Fairview’s established retail properties in Alberta. The company did not disclose the project’s cost or expected completion timeline.

Source: Cadillac Fairview press release