for sale: future development...

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SUBJECT PROPERTY Queen Elizabeth II Highway 24 th Street NW Veterans Blvd AIRDRIE FOR SALE: FUTURE DEVELOPMENT LANDS 150.86 ACRES ±, 24th Street West (RR12), AIRDRIE, AB © 2017 Avison Young Real Estate Alberta Inc. All rights reserved. E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young. Image/Base Aerial: © 2017 Google Bruce Bynoe | 403.232.4302 | [email protected] For more information, please contact: 567 12 N SUBJECT PROPERTY REVISED PRICING

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Page 1: FOR SALE: FUTURE DEVELOPMENT LANDSimages1.loopnet.com/d2/x0Rm1lwX8yqpMo1hSLmMgknEaBKcDMJj8oUZZtIyKtg/...OFFERING PARTICULARS LEGAL DESCRIPTION: 5; 1; 27; ... The lands were annexed

SUBJECTPROPERTY

Queen Elizabeth II Highway

24th Street NW

Veterans Blvd

AIRDRIE

FOR SALE: FUTURE DEVELOPMENT LANDS150.86 ACRES ±, 24th Street West (RR12), AIRDRIE, AB

© 2017 Avison Young Real Estate Alberta Inc. All rights reserved.

E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.

Image/Base Aerial: © 2017 Google

Bruce Bynoe | 403.232.4302 | [email protected]

For more information, please contact:

567

12

N

SUBJECTPROPERTY

REVISED PRICING

Page 2: FOR SALE: FUTURE DEVELOPMENT LANDSimages1.loopnet.com/d2/x0Rm1lwX8yqpMo1hSLmMgknEaBKcDMJj8oUZZtIyKtg/...OFFERING PARTICULARS LEGAL DESCRIPTION: 5; 1; 27; ... The lands were annexed

© 2017 Avison Young Real Estate Alberta Inc. All rights reserved.

E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.

The city of Airdrie is located north of Calgary within the Calgary–Edmonton Corridor at the intersection of Queen Elizabeth II Highway (Highway 2) and Highway 567. Airdrie is also part of the Calgary census metropolitan area and a member community of the Calgary Regional Partnership (CRP). Airdrie is only 15 minutes from the Calgary International Airport, and 30 minutes from Downtown Calgary, and the city continues to be one of the fastest growing cities in Canada with a primary trade area of over 68,000 people. According to Census Canada, Airdrie has seen an annual growth average of 8.08% over the past 5 years and a growth of 4.98% in population from 2016. This city also has a young population, with 86% of residents being under age 50, and 1/3 of the population between the ages of 25 - 44. Airdrie is home to many outdoor festivals and events. Nose Creek Park hosts the annual Airdrie Festival of Lights in the Christmas season. Other annual festivals include the Canada Day Parade and the Airdrie Pro Rodeo. Airdrie’s primary cultural venues include the Nose Creek Valley Museum and the Bert Church Live Theatre.

TRADE AREA DEMOGRAPHICS

HIGHWAY II 108,710 VPDVETERANS BLVD 44,430 VPD

110,000 2 0 4 0 P O P U L AT I O N

P R O J E C T E D G R O W T H

85,0002025 POPULATION

P R O J E C T E D G R O W T H

64,9922017 POPULATION

P R I M A R Y T R A D E A R E A

1,381,893W I T H I N A 6 0 K M R A D I U S

A I R D R I E M A R K E T T R A D E A R E A

208,7112 017 P O P U L AT I O N

SECONDARY TRADE AREA

TOTAL AIRDRIE POPULATION HAS GROWN ON AVERAGE BY OVER 8% ANNUALLY OVER THE PAST 5 YEARS OVER 35% OF RESIDENTS ARE BETWEEN THE AGES 25 - 44, AND OVER 80% UNDER AGE 50

YEAR POPULATION ANNUAL % GROWTH2017 64,922 4.98 %2016 61,842 5.37 %2015 58,690 6.92 %2014 54,891 10.76 %2013 49,560 8.42 %

FOR SALE: FUTURE DEVELOPMENT LANDS150.86 ACRES ±, 24th Street West (RR12), AIRDRIE, AB

Page 3: FOR SALE: FUTURE DEVELOPMENT LANDSimages1.loopnet.com/d2/x0Rm1lwX8yqpMo1hSLmMgknEaBKcDMJj8oUZZtIyKtg/...OFFERING PARTICULARS LEGAL DESCRIPTION: 5; 1; 27; ... The lands were annexed

Review Background Material August 2017

Public Engagement September - October 2017

Draft Plan Released February 2018

Review and Edits to Draft March - April 2018

Documents Presented to Council June 2018

12 THOUSAND ACRE PLAN STUDY AREA

12 Thousand Acres Plan

The City of Airdrie is undertaking a planning study for the 12,640 acres of land annexed from Rocky View County in 2012. This land is expected to provide the City of Airdrie with a 50 year land supply that will accommodate the development of services, amenities, and housing over the next several decades.

The 12 Thousand Acres Plan will lay the groundwork for how this development will happen. The goals of the project are to:

1. Outline future Community Area Structure Plan (CASP) boundaries;

2. Determine the sequencing for when new development areas can come online;

3. Provide general direction on land uses for the annexed area, and;

4. Outline what will be allowed for interim land uses before new areas are developed.

Project TimelineThe City of Airdrie is aiming to have a plan complete by June 2018 under the following timeline:

This map is the property of the City of Airdrie and may not bereproduced, in whole or in part, in any form or by any meanswithout the written permission of the City of Airdrie. The map isfor informational purposes only and should not be relied upon.The City does not warrant that the map is correct, complete,accurate, up-to-date or otherwise reliable. Use of the map isentirely at the user's own risk. Under no circumstances shall theCity be liable for any damages arising from the use of the map.

Copyright © 2017 City of Airdrie

GIS Department | Projection: 3TM WGS 1984 W114 | 05 Jul2017

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12 Thousand Acres Plan Area

FOR SALE: FUTURE DEVELOPMENT LANDS150.86 ACRES ±, 24th Street West (RR12), AIRDRIE, AB

To visit the website for more details on the 12 Thousand Acres Plan:

SUBJECTPROPERTY

Page 4: FOR SALE: FUTURE DEVELOPMENT LANDSimages1.loopnet.com/d2/x0Rm1lwX8yqpMo1hSLmMgknEaBKcDMJj8oUZZtIyKtg/...OFFERING PARTICULARS LEGAL DESCRIPTION: 5; 1; 27; ... The lands were annexed

SUBDIVISION PLAN

OFFERING PARTICULARS

LEGAL DESCRIPTION: 5; 1; 27; 22; SE

Excepting thereout; Plan 0611802 Subdivision of 9.14 acres

CURRENT LAND USE: Ranch FarmThe lands were annexed into the City of Airdrie in 2012

Lands are within the 12 Thousand Acre Plan Study area. The Study willl run until 2018 to determine growth priority area. (https://www.airdrie.ca/index.cfm?serviceid=1351)

ASKING PRICE: $7,900,000.00 Market - Open to Offers

Bruce Bynoe | 403.232.4302 | [email protected]

For more information, please contact:

FOR SALE: FUTURE DEVELOPMENT LANDS150.86 ACRES ±, 24th Street West (RR12), AIRDRIE, AB