The 12-storey rental tower poised to climb above the Brentwood Village shopping centre now has a name: Brio. A joint venture between RioCan and Boardwalk will develop the lot formerly housed by a bank and car wash, located immediately east of the University City development.

Brio, image via RioCan

Renderings for the 163-unit project posted to the RioCan website portray an at-grade retail podium totalling approximately 10,000 square feet. Two levels of underground parking would be provided, and the images also show a rooftop amenities deck surmounting the southern setback of the L-shaped building.

Brio, image via RioCan

The project is RioCan's first rental residential development in the Calgary market. The real estate investment trust, which owns and manages Canada's largest portfolio of shopping centres, is also in the midst of executing the massive mixed-use 5th and Third project in East Village. RioCan will manage the retail component of Brio when completed in 2019, with Boardwalk overseeing the residential element.

Lobby and concierge, image via RioCan

The development is located a stone's throw away from the Brentwood Co-op redevelopment to the west, where Quarry Bay Investments has proposed multiple residential towers and office spaces to intensify the suburban property.

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