Chevron Plaza Office-to-Residential Conversion
Sector: Residential • Location: Calgary, Alberta, Canada
Source: Canadian Broadcasting Corporation (CBC)
A 25-storey building that was formerly the head office for Chevron is being converted into 332 residential rental units. The building, located at 500 5th Ave. S.W. in downtown Calgary, has been vacant since 2024. Developers Strategic Group acquired the building and plan to start construction later in 2025, with completion expected in 2027. The project aims to provide housing for everyday people wo
- Status
- Prospective
- Sector
- Residential, Commercial
- Location
- Calgary, Alberta, Canada
- Updated
- 22 Jul 2026
- Source
- Canadian Broadcasting Corporation (CBC)
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | A 25-storey building that was formerly the head office for Chevron is being converted into 332 residential rental units. The building, located at 500 5th Ave. S.W. in downtown Calgary, has been vacant since 2024. Developers Strategic Group acquired the building and plan to start construction later in 2025, with completion expected in 2027. The project aims to provide housing for everyday people working downtown, with monthly rents ranging from $1,700 to $2,800. The conversion includes adding operable windows to every unit and is part of Calgary's growing office-to-residential conversion initiatives. |
Original sector | Construction |
Location
Country | Canada |
State | Alberta |
City | Calgary |
Source
Source | Canadian Broadcasting Corporation (CBC) |
URL |
More Details
Record type | Project |
Sector | Residential, Commercial |
Article published date | 2025-09-16 |
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