Worth watching · Calgary

14-storey residential building with 2 levels of underground parkade, connected to the existing…

616 7 AV SE · DOWNTOWN EAST VILLAGE

Location context

Project location

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Locating 616 7 AV SE…

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Construction Brief interpretation

Why this matters

OpportunityWorth watching
Estimated project typeResidential
Estimated current stageBuilding permit issued
Likely commercial windowConstruction procurementNow to approximately 2 months
Commercial-window confidence Medium confidence

Permit issuance can indicate that mobilization or near-term procurement is approaching.

Evidence behind the ranking

  • Disclosed value above CA$10 million
  • Multi-unit residential scope
  • New permit-stage activity may indicate near-term procurement
  • New or changed public record this week

Relevant trades

Concrete

Explicit permit class or work description

High confidence
Append-only history

Project timeline

  1. InterpretationHigh confidence

    Construction Brief assessment

    Project assessed as worth watching at building permit issued

    First detected Oct 24, 2026 Underlying source ↗
  2. Verified fact

    Building permit field changed

    Title: Commercial / Multi Family Project at 616 7 AV SE → Construction of a 14 storey residential building with 2 levels of underground parkade, connected to the existing "Verve" building and 3 level parkade · 6 more fields changed

    First detected Oct 24, 2026 Official record ↗
  3. Verified fact

    Building permit issued

    Building permit issued: Construction of a 14 storey residential building with 2 levels of underground parkade, connected to the existing "Verve" building and 3 level parkade

    First detected Oct 24, 2026 Official record ↗
  4. Verified fact

    Building permit application

    Building permit application: Construction of a 14 storey residential building with 2 levels of underground parkade, connected to the existing "Verve" building and 3 level parkade

    First detected Jul 29, 2026 Official record ↗
Official evidence

Related public records

SourceRecordRecord dateRetrievedEvidence
City of CalgaryCalgary Building PermitsBuilding permit field changedBP2025-23830Oct 23, 2026Oct 24, 2026Official source ↗
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