1503 1 Street SE, Calgary, Alberta

Click brochure link for more details. Seize a rare opportunity to break ground in one of Calgary’s hottest infill zones! Located in the heart of the Beltline’s vibrant Entertainment District, 1503 1 St SE is a shovel-ready site just steps from the BMO Centre, Stampede Grounds, and other cultural attractions. This prime lot (zoned CC-X for Centre City Mixed Use) already comes with a full Development Permit (In Progress) for a stylish 7-storey boutique hotel with 12 Suites, complete with an inviting rooftop patio (featuring a BBQ area and fire pit) – all designed by the acclaimed Modern Office of Design + Architecture (MoDA). With approvals in place and no major hurdles, you can hit the ground running on a landmark project in Calgary’s booming Beltline.HighlightsPre Application Done and DP In Progress : for a 7-storey hotel / Short Term Rental development, including a rooftop amenity deck with BBQ area and fire pit – a turnkey plan ready to build.Premier Location: Prime Beltline/Entertainment District address, within walking distance to the expanded BMO Centre, Stampede Park, Scotiabank Saddledome, 17th Avenue, and countless downtown amenities. Your guests or tenants will be at the center of it all.Flexible CC-X Zoning: Centre City Mixed Use (CC-X) zoning with discretionary approval already granted for hotel use. This zoning offers broad mixed-use potential (commercial, residential, etc.) – giving developers flexibility to explore various concepts if desired.Generous Density, No Height Limits: FAR 4.0 (Floor Area Ratio) already approved, allowing ~6,601 sq ft of buildable space as per the plans. No maximum building height restrictions – unleash your vision with unlimited vertical potential.Smart Living, ElevatedEach suite integrates premium ORI Living systems—space-optimizing Cloud Beds, Pocket Offices, and full kitchens + in-suite laundry—delivering comfort, style, and tech-forward luxury in every room.Iconic Design by MoDA: Stylish, modern architecture by M odern Office of Design + Architecture ensures a standout building. The planned design features eye-catching aesthetics and an attractive rooftop amenity space – perfect for a boutique hotel experience that will draw attention.Urban Convenience, No Parking Needed: Situated in an ultra-walkable, transit-rich area, this project requires no on-site vehicle parking (none provided) under current regulations – a huge cost saver for development. Includes 2 Class-II bicycle stalls to promote and accommodate cycling in Calgary’s downtown, but have various parking spots which could be rented monthly as needed.This offering is tailor-made for developers, short term rental investors, and builders aiming to make their mark in Calgary’s core. All the heavy lifting has been done – approvals secured, prime location locked in, and design ready. Don’t miss out on this turn-key development opportunity to break ground on a flagship project in the Beltline’s most exciting growth area! (id:23309)