Stephen Avenue Place
Calgary, AB
Building
Investments Highlights
- Municipal Address 225 - 7 Avenue SW, Calgary, AB; 220 - 8 Avenue SW, Calgary, AB; 218 – 8 Avenue SW, Calgary, AB
- Building Class A
- Gross Leasable Area 614,723 sf
- Site Size 1.13 acres
- Number of Storeys 40
- Typical Floorplate 14,800 sf
- Year Built 1975 (built) / 2020 (renovated)
- Zoning CR20-C20/R20 Commercial
- Parking Ratio 1 : 3,600 sf (includes building parkade and Bow Parkade availability)
- Property Management Colliers
Avison Young is pleased to present Stephen Avenue Place, a Class A, 40-storey trophy office tower comprising approximately 614,723 sf of leasable area, prominently positioned in Calgary’s Financial Core with direct connectivity to the +15 pedestrian network and immediate access to the 3rd Street LRT Station along the Stephen Avenue corridor.
Trophy Bank Tower in the Heart of the Financial Core: Stephen Avenue Place is one of only two trophy towers built by a major Canadian bank in Calgary’s financial core. Formerly Scotia Plaza, this building was developed in the absolute best location available, with connectivity and retail frontage being paramount, reinforcing the tower’s prominent downtown presence and overall market distinction.
Vibrant and Activated Retail Podium: The Property features a dynamic mix of culinary and entertainment offerings that activate the building day and night. Major Tom, Calgary’s premier fine-dining destination on the 40th floor, draws patrons from across the city, establishing a signature downtown landmark. Pineapple Hall delivers a curated selection of Calgary’s top quick-service dining options, while National on 8th Avenue anchors the city’s entertainment scene with a vibrant rooftop patio.
Modern Workplace Experience: Recent upgrades have elevated the building’s amenity offering to a best-in-class standard, including a fully equipped fitness centre, games room, and tenant lounge - thoughtfully designed to enhance the daily workplace experience and support the tenant experience.
Flexible and Efficient Office Floorplates: Virtually column-free layouts provide exceptional design flexibility and space efficiency, accommodating a wide range of office users - from traditional professional services and energy firms to modern technology and creative users seeking open concept, modern work environments.
Architect-Led Podium Upgrade: Over the past five years, Stephen Avenue Place’s podium has been completely reimagined through a design led by Zeidler Architecture, transforming a previously disconnected concrete podium into a transparent and accessible mixed-use environment that strengthens engagement with Stephen Avenue and the surrounding financial core. The revitalized podium anchors a vibrant mix of business, restaurant, and retail uses and is complemented by upgraded tenant amenities, including a club-level fitness centre, tenant lounge, and conference facilities.
Strong Current Rent Roll: Current leases in place for WSP Canada, H&R Block, Anderson LLP, We Work, Major Tom, Barbarella, Pineapple Food Hall and National on 8th provide strong income for 203,867 sf of the building.
