A Rhapsody in Calgary’s University District

Feb202018

Graham is proud to serve as the general contractor for the CDN$127 million Rhaspody mixed-use development. Gracorp Capital, a subsidiary of Graham, is the developer and owner of the residential portion of the building. West Campus Development Trust will own the retail portion.

Graham has already mobilized to the site, with construction projected to take 33 months. Rhapsody will feature 288 rental apartments on five floors, with street front retail. Units will range from 529 sq. ft. to 1,149 sq. ft. The apartment complex will also include amenities such as a fully equipped fitness centre, games room, and landscaped outdoor courtyard with lounge areas, water feature, private grilling stations, and in supporting pet friendly rental units, also a dog run.

Rhapsody is located in the heart of Calgary’s University District; with direct access to the Foothills and Children’s Hospitals, the University of Calgary, and numerous shopping, dining and transit options. For more about the project and its amenities, visit https://rhapsodycalgary.ca/.

Similar to its other land development projects, Gracorp plans to sell the apartment building once the project is completed.

About Graham
Graham is an employee-owned construction solutions partner with revenues exceeding $2.1 billion annually. Graham provides general contracting, design-build, construction management and public-private partnership (P3) services to the buildings, industrial and infrastructure sectors. Headquartered in Calgary, Alberta, Graham has offices throughout North America and employs 1,200 professionals and office staff, as well as field capacity and self-perform experience of up to 2,000 people. Graham has the resources, capacity and expertise to undertake projects of every scope, scale and complexity.

About Gracorp
Gracorp is a subsidiary of the Graham Group Ltd. (the “Graham Group”), one of Canada’s largest and most respected construction companies. Gracorp is a merchant style, private market real estate developer with over $100 million in equity assets under management and offices in Vancouver, Calgary and Toronto. From office, retail, hospitality, industrial and institutional to multi-family residential, Gracorp partners with a variety of land owners, developers and investment firms to deliver real estate investment opportunities to the marketplace.