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Oh haha shit.
They’re not demoing orange lofts. It’s just a permit application for a new bar on the main floor.
Parkdale Towers by FarMor Architecture.
4010 Bowness Rd NW, Calgary

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Nice little design but I wish it was on a backstreet somewhere. TBH, I'm surprised the developer is going with only 4 units on a busy street such as 17th for a couple of reasons. Who would want to live in larges units like that on a busy street like 17th, and also the location would be better suited for 2-3 parcels converted to a 5/1.
My guess is that the parcel is going to be a for-sale project. Rental projects are fine to go with the lower parking ratio (0.5 or 0.625 per unit), but on for-sale projects market expectation is more geared towards 1 stall per unit. My guess is that factored into the decision.