Harpreet SinghPersonal Real Estate CorporationVice President, Development Land & Investment Sales604 640 5870harpreet.singh@cushwake.com

Suite 700 - 700 West Georgia Street / PO Box 10023, Pacific Centre / Vancouver, BC V7Y 1A1 / 604 683 3111 / 1 877 788 3111 / cushmanwakefield.com

*Conceptual design only. The purchaser to do their own independent inquiries

with City of Abbotsford.

CONCEPTUAL DESIGN CONCEPTUAL DESIGN

PRIME DEVELOPMENT SITE FOR SALE2601 - 2623 LANGDON STREET & 2604 - 2638 PARKVIEW STREET ABBOTSFORD, BC

SOUTH FRASER WAY

SEVENOAKSSHOPPING CENTRE

MILL LAKE PARK

WEST OAKS MALL

PARKVIEW STREETLANGDON STREET

GLADWIN ROAD

±1.9 ACRES • PRIME RESIDENTIAL DEVELOPMENT LAND • 8 TITLES

OPPORTUNITYOpportunity to acquire approximately 2 acres of land in the central urban core of the City of Abbotsford. As per the Official Community Plan, the properties are designated for apartments with allowed FSR of 2.0.

LOCATIONThe City of Abbotsford is situated in the central Fraser Valley of British Columbia and covers approximately 370 kilometres. Abbotsford is known as the “City in the Country” surrounded by agricultural lands that anchor the economy. The economy is also fueled by the manufacturing and aerospace sectors, as well as a dynamic and vibrant business community that is continuing to expand. In addition to a rapid rise in retail, commercial, and industrial development, Abbotsford has seen significant residential growth.

ACCESS AND CLOSE PROXIMITY TO• Highway 1 and Interchanges• Metro Vancouver• 2 US border crossings• Abbotsford International Airport• Fibre optic connectivity

PARKS AND RECREATIONThe City of Abbotsford is committed to creating inclusive and accessible recreation programs that foster social connections, and promote a healthy and active lifestyle. The City operates and maintains 192 parks consisting of over 2,584 acres of parkland and 98 kilometres of trails. 84 percent of Abbotsford residents live within 500 metres of a park and sports fields in the city host more than 10,000 games per year.

ABBOTSFORD INTERNATIONAL AIRPORT (YXX)In 2017, a record 677,000 passengers travelled through YXX. 5 national airlines operate from the airport.

SHOPPINGSEVENOAKS SHOPPING CENTRE The premier enclosed Shopping Centre in the Fraser Valley with 100 stores and services including Hudson’s Bay, Sears, Best Buy, Sport Chek and many more.

HIGHSTREET SHOPPING CENTRE An open air shopping centre anchored by H&M, Sephora, Old Navy, Walmart, London Drugs, Marshalls, Cineplex VIP Cinemas & more.

WEST OAKS MALL Centrally located in the heart of the city, this mall offers major anchor stores such as Bed Bath & Beyond, Future Shop, London Drugs, Michaels, Pier 1 Imports, Save-On-Foods, Starbucks, and many more.

HISTORIC DOWNTOWN ABBOTSFORD A pedestrian-friendly destination complete with restored heritage buildings, local stores, cafes and eateries.

TRADEXThe Fraser Valley Trade & Exhibition Centre, or Tradex, is the second largest facility of its kind in British Columbia and an industry leader to a growing market. The venue hosts over 60 events every year and services nearly 2.4 million consumers in the Fraser Valley and Lower Mainland of British Columbia.

POPULATION PROJECTIONSIt is projected that by 2035, the population in Clearbrook Centre will reach approximately 23,000.

PRIME DEVELOPMENT SITE FOR SALE2601 - 2623 LANGDON STREET & 2604 - 2638 PARKVIEW STREET ABBOTSFORD, BC

DEMOGRAPHICS 1 KM 3 KM 5 KM

Population (2018) 13,107 70,676 100,947

Population (2023 Projected) 13,754 74,426 107,663

Median Age 41.4 40 38.7

Avg. Household Income (2018 est.) $72,729 $79,765 $84,931

Avg. Household Income (2023 proj.) $82,429 $89,901 $95,743

PIDsPID: 010-602-992 PID: 001-203-096 PID: 010-603-042 PID: 008-264-074 PID: 004-629-442 PID: 004-804-724 PID: 009-948-945 PID: 009-948-953

LAND SIZEApproximately 2 Acres

LAND USE (OCP DESIGNATION)

Urban midrise with allowed 2.0 FSR

CURRENT ZONINGUrban Residential Zone (RS3)

ASKING PRICE$8 million $49 per sf buildable at 2.0 FSR

±280 FT

±197 FT

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±315

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DISTANCE FROMVancouver 1 Hour Mission 14 Minutes Chilliwack 26 Minutes Maple Ridge 38 Minutes Langley 30 Minutes Aldergrove 15 Minutes Coquitlam 42 Minutes Port Moody 48 Minutes

PRIME DEVELOPMENT SITE FOR SALE2601 - 2623 LANGDON STREET & 2604 - 2638 PARKVIEW STREET ABBOTSFORD, BC

±87 FT

OFFER PROCESSNo Bid Date. Offers to be presented as they are received. Qualified Purchasers Only.

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New Neighbourhoods

LegendUrban Development Boundary

City Centre

Urban Centre

Neighbourhood Centre

Urban 1 - Midrise

Urban 2 - Ground Oriented

Urban 3 - Infill

Urban 4 - Detached

Urban Large Lot

Suburban

Secondary Commercial

Regional Commercial

General Industrial

High Impact Industrial

Airport

Hospital

Institutional Complex

Institutional

Country

Rural

Agriculture

Open space

City Boundary

First Nations Boundary

Airport

Road

Railway

Shore

Special Study Area B

Special Study Area C

Special StudyArea D

Clayburn Village

South Poplar

Rural CentreE.&O.E.: This communication is not intended to cause or induce breach of an existing agency agreement. The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Cushman & Wakefield ULC 09/19 gh

Harpreet SinghPersonal Real Estate CorporationVice President, Development Land & Investment Sales604 640 5870harpreet.singh@cushwake.com

2016 ABBOTSFORWARD OCPAbbotsford’s OCP vision supports the development of a compact urban area, complete with a high density, mixed-use City core, diverse, distinctive and pedestrian-friendly neighbourhoods with a range of housing options, ample employment opportunities, surrounded by agricultural lands that anchor the economy. With population projected over 200,000 by 2040, the OCP will act as the key guide in ensuring new residential and employment-based growth is directed into areas within the Urban Development Boundary (UDB), to help reduce greenhouse gas (GHG) emissions, support the development of a complete community and multimodal travel opportunities that reduces development pressures on the Agricultural Land Reserve (ALR). Key new growth areas in the UDB include historic downtown, the hillside developments of Vicarro Ranch and McKee Peak, new industrial areas within and surrounding the Abbotsford International Airport (YXX), and emerging nodes and corridors of transit supportive development, including the U District area surrounding the University of the Fraser Valley (UFV), the South Fraser Way and McCallum Road corridors, the ‘Highstreet’ node near the Mt. Lehman Interchange and the Marshall Road corridor servicing the Abbotsford Regional Hospital and Cancer Centre (ARHCC).

PRIME DEVELOPMENT SITE FOR SALE2601 - 2623 LANGDON STREET & 2604 - 2638 PARKVIEW STREET ABBOTSFORD, BC

LegendUrban Development Boundary

City Centre

Urban Centre

Neighbourhood Centre

Urban 1 - Midrise

Urban 2 - Ground Oriented

Urban 3 - Infill

Urban 4 - Detached

Urban Large Lot

Suburban

Secondary Commercial

Regional Commercial

General Industrial

High Impact Industrial

Airport

Hospital

Institutional Complex

Institutional

Country

Rural

Agriculture

Open space

City Boundary

First Nations Boundary

Airport

Road

Railway

Shore

Rural Centre

URBAN 1 - MIDRISE (SUBJECT PROPERTY)

PURPOSE & DESCRIPTIONEnable multifamily housing to strengthen and support the Mixed Use Centres, and Primary Transit Corridor

BUILDING TYPE & HEIGHTMulti storey buildings including low and mid rises. Heights are initially limited to 6 storeys (taller and varied building heights, and ground floor commercial, may be possible through a neighbourhood plan). Large sites (1 ha or greater) may incorporate ground oriented buildings.

USESMulti unit residential. Accessory commercial (associated with a residential care facility).

DENSITY1.0 to 2.0 FSR (Min. and Max.)