Anthem Newsletter Spring 2018
We left off by informing you of the vast change and growth that occurred at Anthem in the first three quarters of 2017. The Anthem and Anthem United teams had moved together to form one organization, under two brands, in four cities, operating on one integrated business platform. Since then, you may have noticed the increasing volume of noise surrounding events like rising interest rates, international trade wars, interprovincial trade wars between Alberta and BC and changing government policies carrying implications for business, both positive and negative, in the US and Canada alike. Such noise can reasonably create distraction, concerns surrounding uncertainty, and thus, a more challenging business environment. Yet population growth, job growth and household formation are strong in Calgary and Edmonton and very strong in Vancouver and Sacramento. These are the essential drivers to growth in rents and values. Behind all of the noise are well intended but misconstrued demand management and supply constraining public policies at virtually all levels of government. We are hopeful that one day reason will trump politics. Without vision, purpose, values, mission and strategy, one may be thrown off course. Which is why at Anthem we maintain an unrelenting commitment to being organizationally driven, working off of our shared values, culture, strategy and processes. Through our four cities and five asset classes we are diversified. Through our long-term approach and fundamental belief in our core markets of Edmonton, Calgary, Sacramento and Vancouver, we do not subject ourselves to the constraints that come with a short-term wins-and-losses game. Finally, with our kick ass people, proactively deployed through our team-based approach on each and every project â€“ real estate or corporate â€“ we ensure we have the most effective, holistic and integrated way to get things done. This strategy, with talent from all sides of our business, enables us to be intellectually current, hyper-aware of our economic landscape, and responsive to opportunities of all kinds. The Qube, Vancouver BC
Growing Places With this in mind, we highlight for you our achievements over the past six months. It has been a big and bold period of time for our organization: we have secured $200 million in new funding with Kingsett Capital to provide significant liquidity to fund our continued growth. We have completed 14 new acquisitions totalling almost $300 million throughout all five of our targeted asset classes in each of our four core cities. Our team has grown from 350 to 375 people. Of note is our commitment to Alberta, as evidenced by our partnering with Walton International Group in the development of Cornerstone, a 1,000 acre master planned community in north east Calgary, our acquisition of the 100 acre McConachie community in Edmonton, several urban infill residential properties and our pivot into the industrial asset class with five recent acquisitions. Heading into the rest of 2018, we are very optimistic about the future. We have every intention of continuing the steadfast pursuit of our strategy, by working in teams, across our four cities, to create projects and manage properties that not only work for the community, the homeowners and tenants, but also our economic stakeholders and owners. Great Space, Great People, Great Returns, Integrated Through a Bold Culture: that is the vision, and we look forward to realizing it with you.
Eric Carlson CEO and Core Founder, Anthem
Residential Now Selling
Wynwood Green, Coquitlam, BC Wynwood Green in West Coquitlam is now over 90 percent sold. Bordered by the Vancouver Golf Club, every home in the mid-century inspired 23 and 28 storey concrete towers features stunning views of the mountains, the city and the golf course. Located within easy walking distance to transit and shopping, the one, two and three bedroom homes are serviced by a 24-hour concierge, a large amenity room, infra-red sauna and yoga studio. wynwoodgreen.ca
Residential Now Selling
Clayton Walk, Surrey, BC 90 percent of homes have now sold in our latest townhome community of Clayton Walk. The spacious two, three and four bedroom homes have been a huge hit with families since sales opened last fall. The neighbourhood includes schools, transit and nearby shopping. claytonwalk.com
Fleetwood Rise, Surrey, BC Only a few homes remain in our popular Fleetwood Rise townhome community in Surrey. Situated close to shops, transit, parks and schools, this project has been a huge success and a great addition to the Fleetwood neighbourhood. fleetwoodrise.com
Residential Coming Soon
Georgetown, Surrey, BC Georgetown is a 10 acre, 1.8 million square foot master planned mixed use community in Surrey City Centre. Within walking distance to SFU, rec centres, City Hall and several shopping centres, Georgetown is also conveniently close to SkyTrain, the planned Surrey LRT and King George Boulevard. Georgetown will be a collection of over 2,000 homes in eight buildings ranging from six to 40 storeys, complemented by 150,000 square feet of newly created restaurants, offices and retail space surrounding a large community plaza. anthemproperties.com
Five Road, Richmond, BC Five Road is a collection of 47 townhomes and duplexes conveniently located near the popular Ironwood Plaza and Highway 99. The community is currently under construction with completion and sales starting in the fall of 2019. anthemproperties.com
Georgia, Richmond, BC Georgia is a community of 43 duplexes and townhomes named after the historic Gulf of Georgia Cannery located in nearby Steveston. Currently under construction, the homes are close to parks, schools, the Fraser River and many local amenities. Completion is scheduled for early 2020. anthemproperties.com
Residential Design Development
West Georgia, Vancouver, BC Straddling the border between the West End and Coal Harbour, West Georgia is a short walk to Vancouverâ€™s finest restaurants and shopping on Robson and Alberni, the trails in Stanley Park and the seawall. The single tower with approximately 120 spectacular homes will have sweeping views of the North Shore Mountains, Burrard Inlet and English Bay. Working with New York architects Kohn Pederson Fox, the building design will be suitably iconic for this prominent location. Image: Preliminary Concept Rendering
West 6th, Vancouver, BC West 6th Avenue is a proposed boutique 10 storey residential tower built above a podium of two and three level townhomes. It’s located in the heart of South Granville, close to Granville Island, West 4th, downtown Vancouver and the future Arbutus Greenway – a north south walking and biking corridor linking False Creek to the Fraser River and south Vancouver. Construction is expected to start mid 2019.
Maplewood West, North Vancouver, BC Situated in close proximity to Maplewood Village Centre, Maplewood West is the next phase of Anthem’s highly successful Maplewood Place. The development of 39 two and three bedroom homes will reflect the area’s natural setting beside Maplewood Farms and Seymour River. The team is targeting a construction start for late 2018.
SOCO, Coquitlam, BC SOCO is a 1.1 million square foot, multi-phase transit oriented development in south Coquitlam. Just a few minutes walk to SkyTrain at Lougheed Town Centre, this mixed use development includes 1,300 homes in five concrete towers ranging from 24 to 44 storeys with retail and office space centred around a pedestrian-oriented village. Construction is targeted to begin in spring of 2019.
Residential Design Development
Queensborough, New Westminster, BC Perched on the shores of the Fraser River on a former shipbuilding site, the family community of Queensborough is a picturesque residential collection of 170 duplexes and townhomes. The entire development will be fronted by a walkway along the water. Construction is set to begin in the fall of 2018.
566 Lougheed, Burnaby, BC 566 Lougheed Highway is currently a mixed use development with an 18,565 square foot office building and a stand-alone Joey restaurant. The property sits adjacent to SOCO. Long term plans include redevelopment into a residential transit oriented development with two towers and a rental building.
Baden Park, North Vancouver, BC Baden Park is a multi-residential community at Mount Seymour Parkway and Lytton Street in North Vancouver. Surrounded by trees and trails, it’s conveniently close to schools, community centres, shopping and transit. The 333 homes will consist of a mix of townhomes, condos and rental apartments.
Keefer, Vancouver, BC 137 Keefer Street is on one of the most sought after streets in the heart of Chinatown. It’s surrounded by an abundance of restaurants, local amenities and cultural attractions. Currently an empty lot, a development permit is in place for a nine storey boutique condominium with 14 large one and two bedroom homes and retail at street level.
Wilson, Burnaby, BC Wilson is a 62,500 square foot future residential development located in the popular Metrotown area of Burnaby. The proposed single 42 storey tower with 354 homes is a short walk to the Patterson SkyTrain station. One of the most unique features of the community is the proximity to Burnaby’s Central Park, notable for its trails, sports and recreational facilities.
Willingdon, Burnaby, BC Willingdon is a future residential development centrally located in the Metrotown area of Burnaby with expansive views of Central Park. The proposed 356 homes in the 42 storey residential tower are close to two SkyTrain stations and within easy walking distance to Metropolis Shopping Centre and Station Square.
Currie, Calgary, AB Currie is a 2.25 acre development in southwest Calgary in a master planned community being developed by Canada Lands. Upon completion, it will include 36 townhomes and two five storey wood frame apartment condomiums with 148 homes. Construction is scheduled to begin in the spring of 2019.
Residential Under Construction
Anthem and our partner Beedie Living are now building Station Squareâ€™s final phase, towers four and five. The second and third towers are nearing completion. Our commercial tenants are taking occupancy and our homeowners will begin moving in this summer. When Station Square is complete in 2021 it will include almost 1,800 homes and 450,000 square feet of retail, restaurant and office space. stationsquare.ca
Station Square, Burnaby, BC
Residential Under Construction
Memorial Drive, Calgary, AB Memorial Drive will offer the best of the Kensington neighbourhood lifestyle â€“ access to unique shops, restaurants and trails along the Bow River in Calgary. The five storey condominium apartment will include 93 homes. Completion is scheduled for the summer of 2019.
Parkside, Calgary, AB Construction is nearing completion on Parkside, the final phase of our Waterfront master planned community in downtown Calgary. Homeowners moved in to our first building this spring and the final release of homes at Parkside is expected in early 2019. Waterfront is a stunning collection of 10 buildings ranging from four to 25 storeys, with 1,000 homes and 15,000 square feet of retail space. waterfrontcalgary.com
Growing Places Marine + Fell, North Vancouver, BC The finishing touches are being put on homes at Marine + Fell. Located in North Vancouverâ€™s Marine Drive corridor, the five storey wood frame building with 80 homes will also include 10,000 square feet of retail at street level. marineandfell.com
3rd & Chesterfield, North Vancouver, BC Construction is well underway on the five storey boutique concrete building in the City of North Vancouver. Just a few blocks away from the vibrant hub of Lower Lonsdale, the 58 two and three bedroom homes will include generous balconies and stunning views. 10,000 square feet of streetfront retail will also complement this community. Completion is scheduled for the summer of 2019.
East 2nd and East 3rd, North Vancouver, BC East 2nd and 3rd Streets are a thoughtfully designed community of 92 wood frame townhomes in Moodyville, close to public transportation and a few blocks away from Lonsdale in the City of North Vancouver. All of the townhomes will be built to LEED-Gold standard. Completion is scheduled for late 2019.
Land Sold Out
Allard, South Edmonton, AB Allard is sold out! The last lot sold in November 2017 in the final phase of the project. Allard is a collection of 247 single family home lots and almost 14 acres of multifamily homes in an active, outdoor community in south Edmonton.
Land Now Selling
Cornerstone, Calgary, AB Anthem United is the development manager for Cornerstone – a 1,000 acre development in north east Calgary. The community will include five modern neighbourhoods with 4,500 single family homes and 5,000 multifamily homes centred around a major activity centre with retail, commercial and office amenities. 180 acres of natural wetlands, trails and parks will weave throughout the community. liveatcornerstone.ca
Belmont, Calgary, AB Green spaces, playgrounds and a City of Calgary recreation centre will complement this community of young families and first-time home buyers. Located south of 194th Avenue, west of Macleod Trail and only 500 metres from a future LRT station, Belmont is positioned to meet the needs of Calgary’s expected growth. Phase 1 is under construction with 12 single family showhomes and a street town sales centre opening in late April. belmontcalgary.com
D’ARCY, Okotoks, AB This community in north Okotoks borders the D’Arcy Ranch Golf Club with breathtaking views of the Rocky Mountains. With expansive green spaces, new schools, a high street, community spaces and access to the golf course, D’ARCY is a community designed for today’s families with a vision that hails neighborhoods’ past. Eight showhomes have now opened in our first phase. darcyokotoks.com
Land Now Selling
Glenridding, South West Edmonton, AB Nestled away from the hassles of hectic living youâ€™ll find Glenridding, a neighbourhood rich in character, close to all amenities with easy access to wherever you want to go. Now selling the final phase. glenridding.ca
Trumpeter by Big Lake, North West Edmonton, AB Trumpeter in north west Edmonton, neighbouring St. Albert and steps away from a provincial park, offers the perfect setting to unwind and relax. A new stage was released in May with ravine and trail backing homesites. Also introducing laned homes to the community this fall. trumpeterbiglake.ca
Walker Summit, South East Edmonton, AB A family community with new schools, shops and services. Choose the ideal home for your lifestyle from street towns, laned homes, paired homes and front garage homes. New street towns and laned showhomes are now open. New stages are being released this summer. walkersummit.com
Land Now Selling Natomas Meadows, Sacramento, CA Natomas Meadows master plan is a 110 acre community located in the heart of the North Natomas community plan. When fully built, it will include over 900 homes from builders including Anthem United, Carson Homes, DR Horton, Lennar and Woodside Homes. The community plan also includes a clubhouse, 12 acre park and bike trails linked to Sacramentoâ€™s master trail system. The convenient location and the pedestrian friendly community design make this a great place to call home for active families and young couples. natomasmeadows.com
Hawks Ridge, North West Edmonton, AB A picturesque setting with most of the homesites backing onto an environmental reserve, itâ€™s the ideal community for active, nature loving families. Builders are busy finishing homes on remaining homesites and a multifamily site is available for sale.
Dansereau Meadows, Beaumont, AB Minutes from south Edmonton, Dansereau Meadows is a quiet family community with trails that connect to nature, schools and playgrounds. Paired homes that back onto a pond and the last few street towns are now selling. There is only one front garage lot left but a new stage is being released this fall that will have new showhomes opening in the spring of 2019. dansereaumeadows.com
Land Coming Soon Glenridding Ravine, South West Edmonton, AB Glenridding Ravine is uniquely located in one of Edmontonâ€™s most naturally scenic south west areas and has incredible access to daily amenities like retail, schools and restaurants. This community is the ideal location for families who enjoy an active lifestyle. It strikes the perfect balance between nature and urban convenience. Our award winning builder group is now preselling with showhomes opening this summer.
Pine Creek, Calgary, AB A master planned community in the south Calgary growth area of West Macleod. Development will be phased over seven to 10 years and at buildout the community will be home to over 7,000 people. This community will target the entry, move up and estate levels of the market with the public launch expected in the spring of 2019.
Kinglet by Big Lake, North West Edmonton, AB Kinglet by Big Lake in north west Edmonton is a rare jewel with a beautiful environmental reserve at its core. Named after a bird native to nearby Big Lake, Kinglet by Big Lake is filled with the sights and sounds of naturally wild landscapes. Preselling will commence this fall with showhomes opening in the spring of 2019.
McConachie, North East Edmonton, AB McConachie is a popular and established community in north east Edmonton. This family friendly neighbourhood is near walking trails, parks, a pond, shopping and major transportation routes. Builders will be starting show home construction this summer.
Chelsea, Calgary, AB A 20 minute drive from downtown Calgary, well positioned and accessible to many regional destinations and employment areas, Chelsea is a 316 acre master planned community on the westerly edge of the City of Chestermere. At build out, it will be home to over 7,000 residents in a variety of housing types near schools, parks, neighbourhood shopping, pathways and an eco-park.
Wedderburn, Calgary, AB Wedderburn is a 160 acre parcel directly east of Dâ€™ARCY. It is located on the north side of Okotoks and is 15 minutes from Calgary. The Gateway District is a 50+ acre mixed use area that will be at the heart of both Wedderburn and Dâ€™ARCY and will straddle Northridge Drive. Retail, residential, commercial and office space will occupy this area with mountain views throughout the community.
Homebuilding Now Selling
Willow at Natomas Meadows, Sacramento, CA Nestled in a tranquil residential setting in the heart of North Natomas, Sacramento, Willow is an exclusive collection of modern homes within the Natomas Meadows 110 acre, master planned community. Homes are selling quickly, and have sold out every phase release to date. willowatnatomasmeadows.com
Homebuilding Coming Soon
Riverchase, Sacramento, CA Riverchase is a new community in West Sacramento. This 222 home single family neighbourhood includes a park, community garden, bocce ball court and a covered picnic area. Riverchase offers close proximity to downtown with the comfort and peace of mind of a quiet suburb.
Ridgeway, North Vancouver, BC Ridgeway is an exclusive collection of nine single family craftsman and prairie-inspired homes in the growing family neighbourhood of Moodyville in the City of North Vancouver. The homes are close to completion and sales are expected to start in June.
Homebuilding Coming Soon
Reflections at River Islands, Lathrop, CA Reflections is an upcoming community in Lathrop, located within the almost 5,000 acre master planned community of River Islands. Surrounded by scenic rivers, homeowners can choose from three models of two story homes with up to 4,000 square feet of living space. Showhomes are scheduled to open in June 2018.
Retail Tenant Opening
North Town Centre, Edmonton, AB Edo Japan is now open at North Town Centre in Edmonton. This is the first location in Edmonton to feature Edoâ€™s new layout and branding.
Dollarton, North Vancouver, BC Dollarton Village is excited to welcome Willow Florists, a European-style floral and fine gifts boutique store specializing in custom floral designs. Willow Florists is located a few doors down from Starbucks. Dollarton Village boasts over 15 locally owned and operated businesses located in the charming neighbourhood of Deep Cove, North Vancouver.
Parks West Mall, Hinton, BC Freshii has opened in Parks West Mall in Hinton, Alberta. The health-minded chain offers salads, soups, burritos and more â€“ a perfect addition to our destination shopping centre where you can find it all.
Retail Tenant Opening
Sunnycrest Mall, Gibsons, BC Pet Valu is now open at Sunnycrest Mall in beautiful Gibsons, BC. Pet Valu joins co-tenants Super Valu, London Drugs, Marks, BC Liquor Store and over 30 local and regional tenants making Sunnycrest Mall the premier shopping destination on the Sunshine Coast.
Waneta Plaza, Trail, BC We are pleased to welcome Pet Valu, the latest retailer to join Waneta Plaza in Trail, BC. Waneta is the retail shopping hub for residents of the West Kootenay region in BCâ€™s southern interior. Pet Valu offers a great selection of pet food, treats, toys and accessories and a self-wash spa for your furry friends.
Retail New Acquisitions
Hastings Square, Vancouver, BC Hastings Square is a 30,294 square foot strip centre located along East Hastings Street at Lakewood in Vancouver. Itâ€™s fully-leased and anchored by 7-Eleven and will remain an income property with excellent potential for future development in the emerging GrandviewWoodland neighbourhood.
Other Income Producing Properties Tenant Openings St Johns Centre, Port Moody, BC A3 Creative Solutions is operating out of our St Johns site in Port Moody. A3 Creative Solutions specializes in visual identity, graphic and website design.
Other Income Producing Properties New Acquisitions
Oceania Court, Burnaby, BC Overlooking Burrard Inlet and the North Shore Mountains, Oceania Court is a four building, three storey 117 unit apartment complex on 2.7 acres of land at the foot of Burnaby Mountain. The multifamily community is fully leased. The large apartments, ample amenities and great location make it an attractive place to live for families, seniors, professionals and shorter term university students at nearby SFU.
Calgary Light Industrial, Calgary, AB Situated in the established Greenview and Foothills Industrial Parks in Calgary, the three separate properties represent a combined 176,000 square feet of GLA on 8.25 acres of land. The light industrial buildings are all fully leased to a diverse tenant roster, including Pattison Outdoor, Motion Industries and Eire Tech Industries.
Spencer Building New Westminster, BC Situated at the high-traffic corner of 6th and Columbia streets in downtown New Westminster, the Spencer Building is an Edwardian-era, brick clad 32,527 sf six storey office building leased to a dynamic mix of local government and professional tenancies. This rare asset overlooks the Fraser River, providing exceptional views while being conveniently positioned within 500 metres of two SkyTrain stations.
Holiday Inn Express, Burnaby, BC Adjoining Station Square, the Holiday Inn Express Metrotown is situated in a prime location on Central Boulevard in Burnaby, steps away from SkyTrain and many other amenities including Metropolis at Metrotown, BCâ€™s largest shopping centre. The six storey, 100 guest room hotel has 5,000 sf of meeting rooms, a restaurant and a year-round heated outdoor pool.
1545 West 3rd, Vancouver, BC This prime commercial site is located mid-block between Granville and Fir streets along West 3rd Ave in the Burrard Slopes area of Vancouver. The building is currently occupied and will remain tenanted by Culinary Capers. Future redevelopment plans include a five storey strata office building with upper floors offering stunning unobstructed views of False Creek and downtown Vancouver.
Anthemâ€™s Giving Strategy is based on the belief that community issues, big and small, cannot be solved by budget constrained governments alone; that if private enterprise contributes with creativity and capital as well, the world will become a better place faster.â€? ~ Eric Carlson, Core Founder and CEO
North Shore Youth Safe House The North Shore Youth Safe House provides short term emergency housing and support services for youth who are homeless or live in unsafe and dangerous situations.
RESOLVE RESOLVE’s mission is to create affordable rental housing with support for up to 3,000 vulnerable and homeless Calgarians. RESOLVE is built on the proven “Housing First” approach — providing individuals with the stability of a home first, coupled with the support they need to live healthy lives. resolvecampaign.com
Mental Health Foundation The Mental Health Foundation is dedicated to building better mental health and mental health care for people in Edmonton through raising, managing and distributing funds to support education, programs, cutting edge research and technologies within the addiction and mental health care system. mentalhealthfoundation.ca
5kin5 initiative The 5kin5 intitiative will place 5,000 people into employment within the homebuilding industry over the next 5 years in the greater Sacramento region. 5kin5jobs.com
Since October 2017, 42 new team members have joined Anthem.
Beth Ann Jacobs
For a list of all job opportunities, please visit anthemproperties.com
For over 27 years Anthem has worked with partners to create real estate that works in both real estate development projects and income property acquisitions. Anthem leverages its extensive and talented team to create projects that work for not only our communities, homeowners, customers and tenants, but also for our financial partners to achieve targeted returns in Greater Vancouver, Edmonton, Calgary and California. We value our relationships and we deliver on our commitments. Anthem Capital welcomes accredited investors to become partners in our real estate group projects. For more information, contact Kevin Falcon at 604.638.8899
Kevin Falcon Executive Vice President Anthem Capital
Anthem Properties Group Ltd. Suite 300 Bentall 5 550 Burrard Street Vancouver BC Canada V6C 2B5
Phone 604 689 3040 Toll-Free 1 800 926 8436 firstname.lastname@example.org Anthem Properties Group reserves the right to make changes and modifications to the information contained herein. Photography and renderings are representational only.