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December 01, 2018

The Fifth takes off

The opening of The Fifth’s Discovery Centre ushers new dawn for 17th Avenue

Pepper Rodriguez

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Life will never be the same along Calgary’s storied 17th Avenue S.W. as TAK Development opens The Fifth. The first new multi-family mixed-use residential development to build right on the iconic Red Mile recently opened its Discovery Centre and excitement is at an all time high.


The 48-suite, five-storey mixed-use condo with retail base seems to have caught the imagination of the city eager for a residential building that captures the youthful energy and urban sophistication of historic 17th Avenue S.W.

Going up right on the corner of 5th Street and 17th Avenue S.W., The Fifth will usher in a sea change in not only the streetscape, but also the culture of this vital thoroughfare in Calgary’s Beltline.

“17th Avenue is very much the heart of Calgary’s entertainment scene right now, but what we have planned for it will bring in a High Street vibe that will make it comparable to the world’s best,” says Frank Lonardelli, founder and CEO of Arlington Street Investments (ASI), the parent company of TAK Development.

The Fifth provides a gateway to the sought after 17th Avenue lifestyle and it will be only the first step in Lonardelli’s long-term vision that will totally revitalize the historic and iconic thoroughfare.

“We always say ‘meet me on 17th Avenue,’ but to do what exactly?” he asked during the media event launching The Fifth. His plan is to create a “total lifestyle” that would include a myriad of commercial, entertainment and shopping opportunities that will inject the lifeblood for the entire neighbourhood. ASI has seven other properties
interspersed along vital intersections of the Red Mile that can effectively influence the landscape and culture of the area.

And it all starts with The Fifth.

The vastly contemporary design of The Fifth speaks to the creativeness of the vision — from the huge rooftop patio where residents can enjoy the company of their neighbours amidst the spectacular cityscape vista, to the glass exterior elevators going up the sides of the building.

The Fifth promises to be one of Calgary’s most enticing boutique retail and residential condominium developments. Located at the heart of Calgary’s Number One rated Community on one of the most vibrant corners of the 17th Avenue corridor.

What has many condo aficionados abuzz is the inventiveness of the one-, two and three-bedroom units in this five storey building. The Fifth actually adds to 17th Avenue’s already vibrant scene with its 13,500 square-feet of retail space at its base.

Feedback has been very encouraging in the first few weeks since its opening, and people are remarking at the style and finishes that are hinted on at the on-site Discovery Centre at 602 17th Avenue S.W.

They are winning over hearts and minds of a varied demographic that include first-time homebuyers, downsizers and active seniors looking to experience the thrill of urban living.

According to Lonardelli, residents of The Fifth will be pioneers of sorts -TAKstronauts, if you will. He says they will be among the first to experience this new lifestyle, as The Fifth promises not only a new way for them to live life in an urban setting, but live this in suites that are as modern and forward-thinking as they are.

Suites range from 500 to over 1,040 square-feet, and floor plans are named after celestial bodies like Ariel and Oberon and Titan. Prices though aren’t as astronomical as one may think, and start from the mid $200,000s.

Though the surrounding community is its top amenity, The Fifth will also have its own set of in-house facilities that furthers its characterization as a self-sustaining spaceship.

It will have a rooftop garden terrace, glass elevators on the side of the building that adds to its prestigious look, a pet wash station, and a bike storage and tune-up station. BuiltGreen certification also assures its residents that they are living in a building that’s leaving the smallest environmental footprint it can.

“It will also have the biggest outdoor patio on the street-level and an L-shaped rooftop patio that gives spectacular cityscape and street views,” Lonardelli says.

With only 48 residential opportunities, it is a very exclusive offering and interested parties are encouraged to register online at http://www.takdev.ca or visit the sales centre.

Fast Facts:
Project: The Fifth
Community: The Beltline
Developer: TAK Developments
Style: Mixed-use five storey building with retail base and 48 apartment-style condos
Size: 536 to over 1,043 sq. ft.
Price: starting in the mid $200,000s
Address: 602 17th Avenue S.W.
Hours: Monday and Tuesday: Closed, Wednesday to Friday: 3 to 7 p.m., Saturday and Sunday: Noon to 5 p.m.
Website: www.takdev.ca

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