$400-million, 750,000 square foot LEED Platinum project to transform
Calgary's skyline with an architectural marvel, creating a dynamic
community of blended urban living and working
CALGARY, July 4, 2013 /CNW/ - TELUS is reaching for the sky with a new
architectural landmark in Calgary's downtown core, transforming the
entire 7th Avenue block into one of the most technologically innovative
and environmentally-friendly sites in North America.
"The TELUS team is tremendously proud of our longstanding history in
Alberta and thrilled to announce the development of TELUS Sky, which
will stand as a lasting symbol of our passionate commitment to the
Calgary community, our customers, our team members and to the province
of Alberta," said Darren Entwistle, TELUS President and CEO. "Our new
development is a powerful contribution to Calgary's economic strength,
culture and social vitality. Notably, TELUS Sky will inject millions of
dollars into the community and create hundreds of local jobs while
showcasing TELUS' advanced communications technologies and
environmental innovation in a way never before seen in Calgary.
Moreover, TELUS Sky will enrich the city's vibrant arts culture by
offering inspiring public spaces that will exhibit works of art by
local artists, thus creating a truly amazing destination for our team
members, the community and indeed all Albertans."
TELUS Sky will be a LEED Platinum signature development for TELUS
created by world-renowned architects Bjarke Ingels Group (BIG) and
Dialog, along with partners: developer Westbank and real estate
investment trust Allied Properties. The 750,000 square foot vibrant
mixed-use tower will incorporate office, retail and residential space.
There will be 430,000 square feet of office space, of which 155,000
square feet will be for TELUS. The development, scheduled for
completion in the fall of 2017, will provide approximately 250 jobs for
Calgarians, and engage local trades and companies to complete our
TELUS will be the anchor tenant of the office component of the
development, which will also include 341 residential rental units,
thereby creating a dynamic community with a unique blend of urban
living and working. TELUS Sky will also support Calgary's burgeoning
arts culture, fusing iconic architecture, technological innovation and
artistic expression. TELUS Sky will feature a unique 5,500 square feet
public gallery to ensure the city's commitment to the arts in downtown
Calgary continues. TELUS Sky will be a destination for citizens to
visit and experience local works of art that reflect the region's
cultural diversity and creativity.
"We know Calgarians want their downtown core to thrive - the recent
floods showed us just how much the area matters to this city," said
Alberta Premier Alison Redford. "That's why I'm so pleased that TELUS
is making this important investment. Today's announcement is a reminder
to all Calgarians that they live in a truly world-class city that is
getting better by the day."
With the addition of TELUS Sky, TELUS has become the largest current
lease holder of LEED Platinum space in North America. Following the
highest environmental standards, TELUS Sky will be the most significant
next-generation property in Calgary's history. TELUS Sky will also
feature a storm water management system to recycle rain water for
washroom toilets and outdoor irrigation, reducing water use by millions
of litres per year. When complete, TELUS Sky will use 35 per cent less
energy than similar size developments, setting a leading example in
sustainability. Plans are underway to improve upon that energy
efficiency, with the goal to have the final development use 80 per cent
less energy than similar developments.
"Building on the success of TELUS Garden in Vancouver, we are proud to
be continuing in our commitment to sustainability with the launch of
TELUS Sky," said Ian Gillespie, CEO of Westbank. "Developing a LEED
Platinum building means taking a look at every aspect of design and
having ownership that is committed to working harder to integrate those
elements. With TELUS and Allied, we have assembled that team and we
look forward to working to ensure that TELUS Sky exceeds the LEED
Platinum requirements, including a whole block energy sharing centre.
Most importantly, we look forward to using every opportunity we have
to create a beautiful building for Calgary."
TELUS Sky is building upon our track record of developing LEED Platinum
and Gold buildings across Canada, joining:
TELUS Garden, which is currently under construction in downtown
Vancouver (LEED Platinum);
TELUS House Toronto (LEED Gold certification in Core and Shell and LEED
Platinum in Building Operations & Maintenance);
TELUS House Ottawa (LEED Gold); and
Place TELUS Québec in Quebec City (LEED Silver for retrofitted
TELUS is investing $700 million in new infrastructure and facilities
across Alberta this year. This investment is part of a three-year, $2
billion commitment made a year ago and building upon the $26 billion
TELUS has already invested in operations and technology throughout the
province since 2000. TELUS is investing $125 million in new
infrastructure and facilities in Calgary in 2013. By the end of this
year, TELUS will have invested $745 million in new technology and
infrastructure in Calgary and area since 2009. This investment
announced today is consistent with TELUS' overall capital expenditure
target for 2013.
This year, TELUS' infrastructure investment will advance our services
for the benefit of Albertans, by connecting hundreds of new homes and
businesses directly to fibre optic cable to radically increase internet
speeds and capacity and power Optik TV; expanding the reach of TELUS'
healthcare solutions (TELUS now provides electronic medical records to
9,000 Canadian physicians across the country, supporting more than 25
million patient interactions each year); installing dozens of new
wireless sites enhancing coverage in urban areas to increase wireless
data capacity, and dozens more extending coverage to rural communities
and highway corridors; and further extending Optik TV service to reach
nearly 90 per cent of Alberta households by the end of 2013. TELUS
currently has 712,000 TV customers.
Since 2000, the TELUS family of more than 14,000 employees and retirees
in Alberta alongside the company have donated more than $95 million
and, more importantly, volunteered 1.4 million hours to community and
charitable organizations. More than $33 million and 435,000 volunteer
hours have been contributed since 2000 to charitable and community
organizations in Calgary.
TELUS is also funding a series of important Alberta flood recovery
projects that will make a lasting and meaningful impact to citizens hit
hardest by this disaster. These projects include providing camping gear
for the High River Scouts, so more than 50 youth, who lost their
equipment in the flood, can attend the Canadian Scout Jamboree this
year at Sylvan Lake, Alberta; ensuring the Bridgeland Crisis Nursery is
able to open their doors to families requiring care of their children
while coping with the aftermath of the devastating flood; and helping
Inn from the Cold provide temporary housing, food and clothing for
families displaced from their homes.
TELUS will provide a further $250,000 through our TELUS Calgary
Community Board and TELUS Community Action Teams in Alberta for local
flood recovery efforts, bringing our total contribution thus far to $2
million. Chaired by Ken King, the Board has directed more than $4.5
million dollars to almost 300 local grassroots initiatives since its
TELUS (TSX: T, NYSE: TU) is a leading national telecommunications
company in Canada, with $11 billion of annual revenue and 13.2 million
customer connections, including 7.7 million wireless subscribers,
3.4 million wireline network access lines, 1.4 million Internet
subscribers and 712,000 TELUS TV customers. Led since 2000 by President
and CEO, Darren Entwistle, TELUS provides a wide range of
communications products and services, including wireless, data,
Internet protocol (IP), voice, television, entertainment and video.
In support of our philosophy to give where we live, TELUS, our team
members and retirees have contributed more than $300 million to
charitable and not-for-profit organizations and volunteered 4.8 million
hours of service to local communities since 2000. Fourteen TELUS
Community Boards lead TELUS' local philanthropic initiatives. TELUS was
honoured to be named the most outstanding philanthropic corporation
globally for 2010 by the Association of Fundraising Professionals,
becoming the first Canadian company to receive this prestigious
For more information about TELUS, please visit telus.com.
Established in 1992 and with over $5 billion of projects completed or
under development, Westbank is active across Canada in a diversity of
product types from luxury condominiums, rental apartment office,
commercial, retail, hotel, non-market housing and industrial.
Westbank's primary focus is on large mixed use projects involving
highly complex entitlement processes. Westbank is best known for being
the leading luxury residential developer in Canada, along with being
the owner/developer of the finest hotels in Canada. Some of its best
known projects include Shangri-la Vancouver, Shangri-la Toronto,
Fairmont Pacific Rim and the Woodward's Redevelopment project.
Allied Properties REIT is a leading owner, manager and developer of
urban office environments that enrich experience and enhance
profitability for business tenants operating in Canada's major cities.
Its objectives are to provide stable and growing cash distributions to
unitholders and to maximize unitholder value through effective
management and accretive portfolio growth.
About Bjarke Ingels Group (BIG)
BIG is a Copenhagen and New York based group of architects, designers,
builders and thinkers operating within the fields of architecture,
urbanism, research and development. Internationally award-winning
architect, Bjarke Ingels, is the lead designer for TELUS Sky. Ingel's
energetic and leading-edge designs continue to re-invigorate city
skylines around the globe, from Shanghai to New York. In 2011, the Wall
Street Journal named him 'Innovator of the Year' for architecture and
lauded him as one of the design world's rising stars.
Dialog is a fully integrated architectural, engineering, interior
design, urban design and planning firm. We will be working alongside
Dialog architects, Bruce Haden, Robert Jim and Doug Cinnamon who are
renowned for revitalizing abandoned urban neighbourhoods and their
commitment to sustainability.
Forward looking statement:
This news release contains statements about expected future events of
TELUS that are forward-looking. By their nature, forward-looking
statements require the Company to make assumptions and predictions and
are subject to inherent risks and uncertainties. There is significant
risk that the forward-looking statements will not prove to be accurate.
Readers are cautioned not to place undue reliance on forward-looking
statements as a number of factors could cause actual future events to
differ materially from that expressed in the forward-looking
statements. Except as required by law, TELUS disclaims any intention or
obligation to update or revise forward-looking statements.
SOURCE: TELUS Corporation
For further information:
TELUS Media Relations