EAST VILLAGE REDEVELOPMENT SITE Opportunity with Bow River Oriented Frontage 316 - 3 STREET SE LIST PRICE: $9,100,000

JUDICIAL SALE: High profile 0.68 acre East Village redevelopment EAST VILLAGE REDEVELOPMENT SITE opportunity with Bow River oriented frontage 316 - 3 STREET SE LIST PRICE: $9,100,000

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e SE Jack and Jean R Leslie Riverwalk enu iv Av e SUBJECT 3 Street SE 5 rf ro PROPERTY DOWNTOWN CORE n t A v e n u e S 4 Avenue SE E

Bow River

Kevin Morgans, CCIM, Vice President Walsh Mannas, Vice President Ryan Swelin, Vice President Nathan Drury, Associate 403.232.4318 403.232.4381 587.293.3368 587.293.3372 [email protected] [email protected] [email protected] [email protected]

CALGARY CAPITAL MARKETS GROUP © 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.

PROPERTY INFORMATION N Municipal Address 316 - 3 Street SE Calgary, Alberta

Site Size 29,448 sf (0.68 acre)

S Land Use CC-ET t Designation (Centre City East Village Transition District) e e r t S Land Use The Centre City East Village Transition District 4 3 Street SE Explanation is intended to provide for: • an important transition between the ue SE higher density commercial and office ven uses of the downtown core and the more 5 A LRT Line residential character of East Village;

• a mix of uses within the transition zone between Downtown and East Village; SUBJECT PROPERTY

• a greater variety of Office, discretionary E commercial, institutional and residential S ue n uses; and ve A • a building form that is street oriented at 4

grade.

R ive Density Potential Maximum FAR 7.0 rfr ont Av en ue SE Density Potential SF 206,136 sf Reconciliation Bridge Bow River

LOCATION HIGHLIGHTS ASSET HIGHLIGHTS • One of the last riverside development locations in Downtown Calgary, with immediate access to • CC-ET zoning allows for a wide range of uses and density up to the Bow River Pathways system and Riverfront Avenue SE 7.0 FAR with the potential to add density through bonus provisions • Immediate proximity to the downtown core and one block from 5 Avenue SE, with access to • Eligible for the Rivers District community revitalization levy to help Memorial Drive via the 5 Avenue SE flyover and 1 block from Macleod Trail S (1 Street SE) fund future development projects • Located in East Village which has experienced significant public and private investment in recent • The site is currently improved with a 22,303 sf single storey years to transform the neighbourhood into a walkable residential community with unique warehouse building occupied by Bookers BBQ restaurant and entertainment amenities newly constructed municipal institutions related office uses

CALGARY CAPITAL MARKETS GROUP

Studio Bell & National New Central Library First by Verve by Ink by Battistella Music Centre Fram + Slokker Fram + Slokker 119 units 196 units 291 units

HAT by Cidex Municipal 221 units Building N3 by Knightsbridge Homes & Metropia 167 units Alt by Le Germain

City Hall East Village Retail Evolution by BOSA Development Hilton Garden Inn Calgary 474 units Downtown City Hall LRT Station

LRT Line Retail by RioCan

ue SE en J Av a 3 Street SE 5 c EAST VILLAGE OVERVIEW k

& East Village is a 49 acre master planned urban village of J Arris by BOSA Development e 500 units condos, apartments and townhomes with walkable a streets, unique entertainment and proximity to urban n parks. The RiverWalk Plaza is a favorite spot for city-wide L Bow River e events such as food truck frenzies and Beakerhead outdoor

s l programming and short walk to East Village Junction, an i e SUBJECT PROPERTY innovative pop-up retail park. East Village also boasts new R institutions like the New Central Library and entertainment iv hubs like Studio Bell, home of the National Music Centre. e r w R i a v lk e r f ro 4 Avenue SE n INFRASTRUCTURE P L A N N E D PRIVATE t A INVESTMENT TO DATE INVESTMENT ve Recently developed or proposed properties: nu $357M $2.7B e Residential Municipal SE COMMUNITY REVITALIZATION $ $801M LEVY ANTICIPATED Retail Hospitality 4th Ave & Macleod by Great Gulf 443 units

CALGARY CAPITAL MARKETS GROUP

Avison Young has been retained by the Count of Queen’s Bench of Alberta on a judicial Municipal Address 316 - 3 Street SE listing basis to arrange for the offering and sale of a 100% freehold interest in the subject Calgary, Alberta property. The subject property is being offered for sale with a court-mandated list price of $9,100,000. Please contact the listing agents below for information on the offering Legal Description Plan C process. Block 121 Those portions of lots 1 to 16 inclusive bounded as follows: N Commencing at a point in the western boundary at a distance of 42.10 feet measured northerly DOWNTOWN CORE E thereon from the south west corner of said block

S 121, thence on an assumed bearing of north,

u along the said western boundary, to a point at n a distance of 109.88 feet measured southerly

v thereon, from the north west corner of the said

t block 121, thence south 89 degrees 40 minutes,

o east a distance of 118.03 feet, thence north 0

SUBJECT PROPERTY f degrees 20 minutes east, a distance of 31.6 feet

e more or less, to the north eastern boundary of

v i the said block 121, thence south easterly along

3 Street SE R

the said north eastern boundary, to the north

Bow River Bow west corner of the parcel on plan 695fp, thence southerly along the western boundary, to the south west corner of said parcel, thence westerly, 4 Ave in a straight line to the point of commencement, nue Excepting: SE That portion of lots 15 and 16 in block 121 on plan c required for roadway within expropriation plan 8210790, excepting thereout all mines and 5 L Av minerals RT L en ine ue Assessed Value (2017) $5,000,000 SE Tax Levy (2017) $88,722.50

EAST VILLAGE CONFIDENTIALITY AGREEMENT