After more than a dozen years of speculation, life, in the form of the long-awaited One Tower at the corner of 1 St SE and 10 Ave SE has finally, found a way. A deserted downtown patch of untapped prime real estate no more, the future site of the 37-storey, mixed-use One Tower has burst into action, the structure soon to rise.

One Tower begins to rise, image by Forum contributor 1875

Developed by Strategic Group, One Tower will be comprised of a mix of residential units and street-level retail. While no further details are yet known, it is clear that the 122-metre tower will be a welcome addition to the core, the development to be tucked between the financial district, Beltline, and Victoria Peak.

One Tower, build site, image by Forum contributor Calgcouver

Well-situated for urban professionals looking to live close to work, One Tower will place residents within easy walking distance to the core, as well as to the Centre Street CTrain station just a few blocks north. Close as well to the East Village, locals will be able to pop over to the New Central Library, Studio Bell Centre, and many other popular attractions nearby.

One Tower, urban context view, image by Forum contributor Alex_YYC

As little else is known at this point, it will be fascinating to see this project come to life over the next several months.

SkyriseCalgary will be sure to return to this project as progress continues. For more information, check out the associated Database file and Forum thread, and as always, feel free to join the conversation in the comments section below.