May 3, 2019


Articles & Insights

Occupancy Permit Issued for Marda Lyfe

(May 3, 2019) Calgary, AB – ICM Asset Management is pleased to announce that the East side the Marda Lyfe project, located in Marda Loop, received occupancy permit from the City of Calgary on April 23, 2019.

Marda Lyfe is a premium 5-storey,  135-unit purpose built apartment in Calgary, AB constructed by PK Developments in partnership with ICM Asset Management. The property is located in the highly walkable and desirable neighbourhood of Marda Loop, just minutes from downtown Calgary, Mount Royal University and with immediate access to Crowchild Trail, a major north-south corridor. The community of Marda Loop is home to over 150 trendy street-level shops, boutiques and restaurants located in SW Calgary.

“We have been thrilled with the pre-leasing activity that we’ve experienced at Marda Lyfe,” said John Courtliff ICM’s Managing Director. “That the building was over 60% pre-leased before occupancy permit was even available speaks to the quality of the building design and construction, the strong demand in the market for a highly-amenitized, affordable rental option in the community and to our leasing team’s exceptional efforts. First tenants began moving in last week and over 1/3 of the units are now occupied. Occupancy permit is expected for the second half of the building within a few weeks and we hope to have the building full shortly thereafter.”

The property is highly amenitized with a state-of-the-art fitness centre, scenic rooftop patio areas for cooking, dining and relaxing, an interior lounge with kitchen, dining areas and movie theater, underground parking and storage lockers, and dedicated onsite property management.

For more information on the project or to view suite availability visit

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