Calgary, Alberta (November 13, 2025) – PCL Construction is pleased to be leading the delivery of a transformative residential rental development in Calgary, located on 61st Avenue near CF Chinook Centre, a leading shopping centre in Alberta, in partnership with Cadillac Fairview (CF).
This project marks a substantial milestone in PCL's continued leadership in building high-quality, community-focused developments across Canada.
The new transit-oriented community will feature 490 purpose-built rental units across two towers—20 and 19 storeys—connected by a multi-storey podium. The podium will feature residential units and premium amenities, including co-working spaces, lounges, wellness facilities and expansive public realm outdoor spaces. The development also includes four levels of parking and direct access to the Chinook LRT station.
“We’re proud to collaborate with Cadillac Fairview on a project that redefines urban living in Calgary,” said Jordan Clouthier, Vice President and District Manager for PCL Calgary. “With extensive experience delivering residential communities across Canada, this development reflects PCL’s commitment to building connected spaces that enhance the quality of life for Calgarians.”
Strategically located just one block from CF Chinook Centre, the development is designed to support sustainable urban growth and enhance connectivity for residents. It represents PCL's dedication to delivering projects that integrate seamlessly with the surrounding community and infrastructure.
"This groundbreaking residential development in Calgary is a testament to Cadillac Fairview's vision for creating vibrant, connected communities," said Sal Iacono, President & 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."
"Cadillac Fairview has a rich and enduring legacy in Calgary, exemplified by the success of CF Chinook Centre, a beloved destination that recently celebrated its 60th anniversary," said Brian Salpeter, Executive Vice President of Development, Cadillac Fairview. "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."
This Calgary project is part of CF's broader residential strategy, following developments in Ottawa, downtown Montreal and the Montreal Metropolitan Area.
Construction is set to begin this month, with initial occupancy expected in summer 2028.
About PCL Construction
PCL is a group of independent construction companies that operates throughout Canada, the United States, the Caribbean and Australia. As one of the largest contracting organizations in North America, PCL completes more than $13 billion CAD in work annually, building projects that shape communities. The company's 100% employee ownership model fuels a culture of commitment for clients in the buildings, civil infrastructure, heavy industrial and solar markets. With a strategic presence in more than 30 major centers, PCL's leadership teams consistently drive innovation and set new benchmarks for excellence, bringing unparalleled skill to every project. Watch us build at PCL.com.