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Quarry Park Commercial Real Estate

Calgary's premier SE master-planned office and mixed-use community — Class A corporate campus, ground-floor retail, and Bow River amenity in a purpose-designed live-work-play node.

3.5M+ sf
Total Planned Office GFA
6.0–7.5%
Office Cap Rate Range
$22–$34
Office Net Rent ($/sf)
10,000+
Daytime Corporate Workers

Commercial Market Overview

Quarry Park is the most significant master-planned commercial development in southeast Calgary, occupying a former gravel quarry site on the south bank of the Bow River between Glenmore Trail and the river escarpment. Developed by Remington Development Corporation over two decades, Quarry Park has evolved into a genuine mixed-use community with approximately 3.5 million square feet of planned office GFA, supported by residential condominiums and townhomes, retail amenity, and parkland along the Bow River. Major national and international tenants in energy, technology, and professional services anchor the office campus, establishing Quarry Park as one of the preferred suburban office alternatives to downtown Calgary.

Key Commercial Corridors

Quarry Park Boulevard is the spine of the office campus, flanked by Class A office buildings with structured parking. The Market at Quarry Park provides community retail anchored by a grocery store and food-and-beverage tenants serving both the resident and corporate populations. Quarry Park Way and Remington Road SE provide secondary circulation within the campus. Glenmore Trail SE at 68 St SE provides the primary vehicular access, with Deerfoot Trail access approximately 3 km east via Glenmore Trail.

Industrial
No industrial use in Quarry Park; land remediation and design standards preclude industrial tenancies. Riverbend Industrial District immediately adjacent handles light industrial and flex requirements.
Retail
The Market at Quarry Park: grocery anchor, restaurants, café, personal services, medical. Ground-floor retail in office buildings. Captive corporate workforce provides exceptional lunch and service trade.
Office
Class A and B multi-storey office; energy, tech, engineering, professional services. Suites 2,000 sf to full floors. LEED-certified buildings. Premium finishes and structured underground and surface parking.
Land
Remaining developable office and mixed-use parcels available within the master plan. Phase 3 residential and office parcels in various stages of planning and pre-development.

Investment Drivers

Quarry Park's investment case rests on its master-plan integrity, Bow River amenity, and captive corporate tenant base. The development's controlled design standards ensure consistent building quality and tenant mix, supporting long-term asset values. Calgary's suburban office market has benefited from downtown-to-suburban migration by companies prioritizing parking availability and lower operating costs. Quarry Park's Glenmore Trail and Deerfoot Trail access provides efficient vehicle connectivity for a largely car-dependent suburban workforce. The growing residential component adds a live-work dimension that supports retail viability independent of office occupancy cycles.

Development Pipeline

Quarry Park continues to execute its master plan, with Phase 3 residential units and additional office parcels under active development. The Bow River pathway system expansion enhances the community's amenity profile. Medical office and allied health development has accelerated within the campus, responding to the growing residential population's healthcare needs. Long-term, the community is positioned to accommodate further densification as Calgary's southeast residential expansion generates sustained office and retail demand.

Frequently Asked Questions

What makes Quarry Park unique as a Calgary commercial real estate submarket?

Quarry Park is Calgary's largest master-planned mixed-use community outside downtown, featuring purpose-built Class A and Class B office campuses, ground-floor retail, and a growing residential component — all designed as an integrated live-work-play environment on a remediated industrial site along the Bow River.

What office space options are available in Quarry Park?

Quarry Park offers Class A multi-storey office buildings, Class B professional office, ground-floor retail-office combination suites, and medical office space. Typical floors range from 5,000 to 20,000 sf with flexible open-plan configurations suited to technology, energy, and professional services tenants.

How does Quarry Park compare to downtown Calgary for office occupiers?

Quarry Park offers significantly more affordable net rents than downtown Class A space, abundant surface and structured parking at no additional cost to tenants, a campus-like environment, and Bow River amenity proximity. The trade-off is distance from downtown's restaurant and entertainment ecosystem and the absence of LRT access within the campus.

Are retail investment opportunities available at The Market at Quarry Park?

The Market at Quarry Park retail units are occasionally available for sale or lease. The captive corporate daytime population of over 10,000 workers provides an exceptional retail revenue base, particularly for food-and-beverage and personal service formats operating weekday lunch and commuter hours.

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