
History of
One 01
ONE 01, previously known as Hanover Place, stands as a prime example of Calgary’s evolving urban landscape. Originally an office tower, this iconic building at 101, 6th Ave SW was transformed in 2024 to meet the growing demand for residential space in downtown Calgary. This conversion reflects both shifting work trends and the need for well-designed urban housing, repurposing underutilized commercial space into a vibrant residential community.
Driven by a sustainable approach, ONE 01's conversion utilizes much of the original structure, reducing waste and minimizing environmental impact. The building’s architectural heritage remains intact, blending seamlessly with modern design to provide residents with a unique living experience. With direct access to Calgary’s +15 walkway, ONE 01
connects residents to nearby business hubs, shopping, dining, and entertainment, maximizing its central location. Today, ONE 01 stands as a beacon of urban renewal, offering residents an unparalleled living experience in Calgary’s vibrant core.

OUR Misson
Our mission at ONE 01 is to offer more than just a home – we provide a lifestyle. We envision a welcoming, vibrant community where urban living reaches its peak, balancing personal comfort, accessibility, and connectivity.
Whether you’re a busy professional unwinding in your stylish apartment or enjoying the convenience of downtown, ONE 01 combines the best of Calgary’s urban lifestyle with the comfort you deserve. With easy access to both Deerfoot and Crowchild Trails, ONE 01 places you at the heart of the city, bringing all that makes Calgary dynamic right to your doorstep
OUR Vision
Our vision is to redefine downtown living by transforming ONE 01 from a former office building into Calgary’s premier residential destination. This unique conversion offers a seamless blend of style, functionality, and access to everything the city has to offer.
We envision a community where residents feel inspired, connected, and proud to call it home, fostering a lifestyle of ease, convenience, and modern comfort. By repurposing this space, we’re creating a vibrant new chapter in the heart of downtown Calgary.

WHy Conversions

ADAPTABILITY
The way we live and work is evolving. As demand for office space decreases in many areas, the need for comfortable, well-designed residential spaces is growing. Converting commercial buildings into residential units helps meet this shift in lifestyle and housing demands, especially in urban centers.
LOCATION
Many commercial buildings are located in highly sought-after areas, close to essential amenities, public transportation, restaurants, and parks. By converting these spaces into residential units, we offer future residents the opportunity to live in vibrant, well-connected neighborhoods.
EFFICIENCY
Converting commercial properties is often faster and more cost-effective than constructing new residential complexes from scratch. This allows us to bring high-quality housing to the market more quickly, offering more people the chance to live in desirable areas.
SUSTAINABILITY
Repurposing existing commercial structures minimizes waste and reduces the environmental impact associated with new construction. Through conversion, we’re breathing new life into buildings while contributing to sustainable urban development.
DESIGN
Older commercial buildings often come with unique architectural features and durable building materials. Our conversion process incorporates modern design, transforming these classic structures into contemporary living spaces with the latest amenities.
ENERGY & ENVIRONMENT
Converting office spaces into residential units significantly reduces energy consumption, as residential buildings typically require far less electricity. While offices rely on continuous lighting, HVAC systems, and equipment, residential spaces operate more efficiently with lower energy demands. In fact, office buildings can use two to four times more electricity per square foot, meaning residential conversions can cut energy usage by 50-75%.