First Tower
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First Tower is a high-rise commercial development completed in 1982 by Hines. This project is 27 storeys tall, located at 411 1st Street SE, Calgary, Alberta.
First Tower, previously known as Telus Tower, is a prominent office building situated at 411 1st Street SE in Calgary's Downtown East submarket. Completed in 1982, the tower stands 112 meters tall with 27 floors. Acquired by Hines and Oaktree Capital Management in 2018, the building has undergone significant upgrades to meet modern standards and attract high-caliber tenants.
The redevelopment included a comprehensive renovation of the +15-level common areas, enhancing the tenant experience with a new lounge, collaboration spaces, an outdoor terrace, a state-of-the-art fitness and wellness center, and modern conference facilities. These amenities are designed to foster a vibrant and productive working environment, catering to the evolving needs of businesses and employees.
First Tower offers 729,800 square feet of Class A office space, with floorplates ranging from 25,100 to 27,000 square feet. The building is well-served by transit, located just two blocks south of the Riverwalk and integrated into Calgary's extensive Plus 15 skywalk system. This connectivity provides convenient access to various amenities and services in the downtown area.
The building features a high level of security with 24/7 access, closed-circuit monitoring, and on-site property management. Additionally, First Tower is equipped with modern building systems, including fiber optic cable throughout, zone-control HVAC, and compliance with ASHRAE standards. The building is also committed to sustainability, holding LEED Gold and WiredScore Gold certifications.
Overall, First Tower represents a blend of historical significance and contemporary functionality, making it a sought-after location for businesses seeking a prestigious downtown Calgary address. The ongoing improvements and commitment to quality ensure that First Tower remains a competitive option in the Calgary office market.
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