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Niche Market Study Beaumont, Alberta
TOWN OF BEAUMONT NICHE MARKET STUDY FINAL REPORT June 24, 2011 1 NICHOLS Applied Management Table of Contents Page 1. Introduction – The Importance of Community Sustainability 3 2. Retail and Commercial Expenditure Pattern Survey and Analysis 6 3. Economic Development Opportunities Roadmap 24 4. Key Objectives 32 5. High-Potential Growth Areas 37 6. Priorities, Directions and Recommended Action Items 44 2 NICHOLS Applied Management 1. Introduction – The Importance of Community Sustainability Retention and growth of existing businesses, new business attraction, jobs, investment, residential development and new commercial/industrial assessment – these are just some of the benefits to be realized through a well-focused economic and community development strategy. They are also essential, some would say critical, for the Town of Beaumont at this point in time. Long term community sustainability depends on the ability to maintain a healthy balance and harmony between economic, municipal fiscal/financial, social and environmental sustainability. While each is equally important, many would argue that economic sustainability is the ‘engine’ that ultimately drives and sustains a community. Building Blocks of a Sustainable Community 3 NICHOLS Applied Management Research has shown that ‘communities of choice’ are increasingly replacing ‘communities of necessity’ for many highly-skilled workers in the more suburban parts of North America. These individuals are increasingly looking to live in affordable, high quality of life communities – with excellent recreational amenities and clean, safe and family-oriented neighbourhoods – but they are also looking to minimize commuting times associated with travel to and from work. Beaumont’s well-developed social and community infrastructure, natural environment and close proximity to Alberta’s main urban centres all contribute to the Town’s overall quality of life. -
Best Shopping Centers/Malls in Edmonton"
"Best Shopping Centers/Malls in Edmonton" Created by: Cityseeker 5 Locations Bookmarked Edmonton City Centre "Shop Till You Drop" Edmonton City Centre is where you can head to if you are looking to spend your precious vacation time shopping. For this City Centre is a one stop shopping hub with an wide array of shops to get all your shopping done in a jiffy. The mall has stores which sell varied items like groceries, clothes, accessories and kitchenware to name a few, as also chocolates by IQRemix and cakes. Multiple restaurant options lined up within the premises help satiate your hunger after a tiring shopping spree. After you are done for the day, your weary bones will not have to drag the heavy bags to the public car park, for they have a private one in the basement. +1 780 426 8444 www.edmontoncitycentre. edmontoncitycentre@oxfor 10088 102A Avenue com/ dproperties.com Northwest, Edmonton AB Kingsway Mall "Fit For a King" Situated in close proximity to Edmonton's Downtown district, the Kingsway Mall has approximately 250 top stores including one of the few Disney stores in Edmonton. There are a host of other stores catering to fashion, children's wear, electronics, gifts, health and beauty and footwear apart from a range of dining options. The mall itself is a low-slung, three- by mastermaq story turreted brickwork building with a glass front. Ample parking is available. +1 780 477 5756 www.kingswaymall.com/ sdenney@oxfordproperties 109 Street Northwest, .com Edmonton AB Southgate Centre "Refurbished Mall" The Southgate Centre Mall is located to the south and over the river from Edmonton's downtown district, just to the north of the major Whitemud Drive Highway. -
Reaching Over 5 Million People, Minutes on the Contest Page and Growing Their Facebook Fan Base
ICSC CANADIAN SHOPPING CENTRE AWARDS PRESENTS Reaching N E W Heights SEPTEMBER 23, 2014 2014 AWARD WINNERS GOLDEN MOMENT Congratulations to this year’s ICSC Award winners and nominees for their outstanding achievements in excellence and innovation. Oxford Properties Group portfolio includes office developments in major urban centres, luxury resort hotels across the country, and some of Canada’s most prestigious shopping centres. SQUARE ONE, SOUTHCENTRE, SCARBOROUGH TOWN CENTRE, YORKDALE, KINGSWAY MALL, PROMENADES CATHÉDRALE, HILLCREST MALL, UPPER CANADA MALL, LES PROMENADES GATINEAU, EDMONTON CITY CENTRE, LES GALERIES DE LA CAPITALE www.oxfordproperties.com 2014 CANADIAN SHOPPING CENTRE AWARD WINNERS The ICSC Canadian Shopping Centre Awards are designed to honour our industry’s brightest and best. The Awards bring information and insight to the entire industry on what it takes to achieve high levels of success. MARKETING ADVERTISING Centres 150,000 to 400,000 sq. ft. of total retail space SILVER SILVER Get Your Red On It’s The Little Things Cottonwood Mall Eglinton Square Shopping Centre Chilliwack, British Columbia Toronto, Ontario Management Company: Morguard Management Company: Bentall Kennedy (Canada) LP Owner: 2046459 Ontario Inc. Owner: Kingsett Capital Investments Cottonwood Mall had three events wrapped in an effective ad Eglinton Square’s 2013 campaign “It’s The Little Things” was the answer campaign titled “Get Your Red On” which reduced the creative and to a demographic shift in the PTA that saw young families moving into placement costs. The combined media mix drove over 3.2 million post-war bungalows. Family traffic and related tenant sales grew in audience impressions, 9.5% more than projected, and retail sales the double-digits by altering the Centre’s voice to one that was more volume increased an incredible 12.3% for November and 8.6% for family-oriented. -
Court File No.: CV-15-10832-00CL
Court File No.: CV-15-10832-00CL ONTARIO SUPERIOR COURT OF JUSTICE COMMERCIAL LIST IN THE MATTER OF THE COMPANIES’ CREDITORS ARRANGEMENT ACT, R.S.C. 1985, c. C-36, AS AMENDED AND IN THE MATTER OF A PLAN OF COMPROMISE OR ARRANGEMENT OF TARGET CANADA CO., TARGET CANADA HEALTH CO., TARGET CANADA MOBILE GP CO., TARGET CANADA PHARMACY (BC) CORP., TARGET CANADA PHARMACY (ONTARIO) CORP. TARGET CANADA PHARMACY CORP., TARGET CANADA PHARMACY (SK) CORP., AND TARGET CANADA PROPERTY LLC. THIRD REPORT OF THE MONITOR ALVAREZ & MARSAL CANADA INC. FEBRUARY 27, 2015 TABLE OF CONTENTS 1.0 INTRODUCTION.......................................................................................................................... 1 2.0 TERMS OF REFERENCE AND DISCLAIMER ....................................................................... 4 3.0 REAL PROPERTY PORTFOLIO SALES PROCESS ............................................................. 6 4.0 LEASE TRANSACTION AGREEMENT ................................................................................... 6 5.0 TERMINATION OF THE SUBLEASE/LEASEBACK ARRANGEMENTS WITH TARGET CANADA PROPERTY LLC .................................................................................... 16 6.0 CASH FLOW RESULTS RELATIVE TO FORECAST ......................................................... 18 7.0 MONITOR’S ACTIVITIES ....................................................................................................... 20 8.0 MONITOR’S RECOMMENDATION ..................................................................................... -
Retail Snapshot Q2 2016 Edmonton, AB
MARKETBEAT Retail Snapshot Q2 2016 Edmonton, AB ECONOMIC INDICATORS Spending per person in Alberta is still well above the average for Canada. The national average for spending in March 2016 was National 12-Month $1,214 per person whereas Albertans spent $1,433 – the highest 2015 2016F Forecast amongst all of the provinces. Restaurants and bars remained GDP Growth 1.1% 1.4%* stable in Q2 despite the current downturn, with Albertans CPI Growth 1.1% 1.6%* spending upwards of $720 million in March 2016 alone. Alberta Consumer Spending will see a shift in the restaurant and bar industry resulting in the 1.9% 2.1%* Growth demand for different offerings and concepts. The retail industry Retail Sales Growth 1.7% 3.4%* as a whole has continued to see a shift away from mid-priced retailers. A clear divide in consumer spending has become glaringly obvious where we are seeing strong growth exhibited in 12-Month Regional 2015 2016F Forecast polar opposite segments of the retail market – extreme discount Household Income $104,113 $117,416* retailers and luxury and premium priced retailers. Population Growth 1.9% 1.2%* Outlook Unemployment 5.8% 7.9%* Edmonton has seen some popular additions to its fashion Sources: RBC Economics, Scotia Economics, Finance Ministry of Alberta *2016 industry. Londonderry Mall will be home to Edmonton’s second Forecast Simons department store, with a scheduled opening in Q4 2017, while Saks Fifth Avenue is entering the Edmonton market with two of its “Saks Off Fifth” outlet stores. One will be located in Economy South Edmonton Common (opening Q3 2016) and the other at While most of Alberta’s economy continues to adjust to lower oil Skyview Power Centre (opening Q2 2017). -
THE FUTURE of RETAIL in DOWNTOWN EDMONTON DOWNTOWN BUSINESS ASSOCIATION of EDMONTON 10121 Jasper Ave NW Edmonton, AB T5J 4X6
2018 THE FUTURE OF RETAIL IN DOWNTOWN EDMONTON DOWNTOWN BUSINESS ASSOCIATION OF EDMONTON 10121 Jasper Ave NW Edmonton, AB T5J 4X6 www.edmontondowntown.com To Support, Connect, and Enrich Edmonton’s Downtown Community REPORT RESEARCHED AND WRITTEN BY: Mohammed Siddique Photo Credit: Jeff Wallace CONTENTS 2 Introduction 3 Methodology 01. BACKGROUND 4 History of Shopping 5 Shifts in the Customer Shopping Habits 02. DOWNTOWN PROFILE 8 Downtown Profile 11 Retail in Downtown 03. SURVEY & ANALYSIS 14 Survey & Analysis 04. STRATEGIES FOR RETAIL 28 Strategies for Retail 30 Popular Retail Streets in Canada 32 Key Takeaways 34 Think Residential DOWNTOWN BUSINESS ASSOCIATION 2018 REPORT 1 INTRODUCTION The Downtown Business Association (DBA) of Edmonton is proud to be providing value to our members and wants to ensure that we continue channelling our efforts to make Downtown more vibrant and inviting. Every year since 2004, the DBA has compiled a report on a topic of relevance to Edmonton’s Downtown business community. In this year’s report, we discuss the changes OBJECTIVE in consumer shopping habits and analyze The Future of Retail and a growing the preferences of consumers for shopping Downtown, the theme outlined here is in Downtown Edmonton. We also discuss the based on an assessment of the current factors that affect consumer shopping and retail landscape in Downtown Edmonton. how we can better prepare for the population The objective of the report is to study the infill that will be happening Downtown over the Downtown neighbourhood, consumer next 5-10 years to increase the quality of living preferences and shopping habits of the in the Downtown neighbourhood. -
1 BIA Overview
BUSINESS IMPROVEMENT AREAS TOOLKIT 1 BIA Overview November 2018 table of contents What is a Business Improvement Area (BIA)? 3 Edmonton’s BIAs 4 How BIAs Create Vibrant Commercial Areas 5 How BIAs Benefit the Entire Community 6 How BIAs Operate 7 Key Players in a BIA 8 How BIAs and the City Work Together 8 How a BIA is Created 9 2 bia toolkit | part i what is a business improvement area? A Business Improvement Area (BIA) is a specific geographic area of the city in which businesses combine resources and work together, through a formal association, to enhance the economic development of their area. They do this, with the support of the City of Edmonton, through a variety of activities that provide value to member businesses and that create interesting and attractive places for people to visit, shop, and do business. A BIA is a statutory corporation created under the authority of Alberta’s Municipal Government Act (MGA) Business Improvement Area Regulation. How BIAs operate, along with the services and programs they deliver, is guided by the following: • The MGA and BIA Regulations • City of Edmonton Bylaws that are adopted to create individual BIAs • City of Edmonton City Policy C462B - BIA Establishment and Operation • Day-to-day operating guidelines of each BIA • The needs and goals of the area and member businesses. BIA Overview 3 bia toolkit | part i edmonton’s bias Edmonton has 13 Business Improvement Areas dedicated to advancing the economic development and vitality of specific commercial districts. Each of these BIAs has a diverse local economy and offers unique programs and services to its members. -
Edmonton, AB Retail Q4 2017
MARKETBEAT Edmonton, AB Retail Q4 2017 ECONOMIC INDICATORS Retailers have responded with increased leasing activity and sales volumes through the final two quarters of 2017. Rents have National 12-Month also seen a general increase in the past two quarters as retailers 2016 2017F Forecast seek newer or better located space in a competitive market, GDP Growth 1.5% 2.6%* especially as several new developments located on the periphery CPI Growth 1.4% 2.0%* of Edmonton continue construction. Podium spaces in new Consumer Spending developments downtown have generally been filled, although 2.4% 3.1%* Growth some options remain for motivated tenants seeking a high Retail Sales Growth 1.7% 2.3%* visibility and high traffic location. A notable trend towards more restaurants, both quick service and sit-down options, entering the downtown area is noticeable. A significant number of fitness 12-Month Regional 2016 2017F Forecast tenants have also been moving into high profile spaces Household Income $104,750 $107,470* throughout the city. Population Growth 1.8% 1.6%* High profile mixed-use developments on Whyte Avenue are Unemployment 8.1% 6.8%* underway, as well as several newer projects downtown which are expected to have retail podiums. Densification efforts along Sources: RBC Economics, TD Economics, Finance Ministry of Alberta *2017 several high streets in Edmonton, including Whyte and Jasper Forecast Avenues and 124th Street, will make these areas more attractive for retailers. Housing starts have picked up over the past year, a good sign for community retail developers and tenants seeking Economy entry into those markets. -
Kingsway Mews 10503 10567 Kingsway Avenue, Edmonton, AB
FOR LEASE Kingsway Mews 10503 10567 Kingsway Avenue, Edmonton, AB HIGH TRAFFIC TRANSIT ORIENTED CENTRE IMMEDIATE RETAIL OPPORTUNITIES 1,463 - 6,233 SF of Leasable Space Bays Available for Immediate Possession Property Highlights • Be a part of this exciting transit oriented development. Kingsway Mews is positioned in central Edmonton, next to the Royal Alexandra Hospital, Kingsway Mall and a major public transit centre. • Join tenants such as Anytime Fitness, RBC, Subway, Freshii, Domino’s Pizza & Medi Centres • Multiple opportunities for tenants such as dental, hair/barber, nails, specialty medical, pet & veterinarian services, boutique grocery, coffee and other uses • Zoning: CB2 (General Business Zone) • Cam & Tax: $14.47 per SF Jordan Murray Karina Lopez CUSHMAN & WAKEFIELD Associate Senior Associate Edmonton Suite 2700, TD Tower 780 429 9399 780 429 9393 10088 - 102 Avenue [email protected] [email protected] Edmonton, AB T5J 2Z1 www.cwedm.com Cushman & Wakefield Edmonton is independently owned and operated / A Member of the Cushman & Wakefield Alliance. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price,rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. October 7, 2019 FOR LEASE KINGSWAY MEWKingswayS -
BIA Map 2018
Business Improvement Areas Legend 124 Street and Area BIA Kingsway BIA Alberta Avenue BIA North Edge BIA Beverly BIA Northwest Industrial BIA Chinatown and Area BIA Old Strathcona BIA Downtown BIA Stony Plain Road and Area BIA Fort Road and Area BIA The Crossroads BIA French Quarter and Area BIA City Boundary 0 1 2 3 Kilometers Map compiled by: Geospatial Services, Urban Form and Corporate Strategic Development No reproduction of this map, in whole or in part, is permitted without express written consent of the City of Edmonton, Urban Form and Corporate Strategic Development Date Printed: June 18, 2019 Business Improvement Area: 124 Street and Area Legend 124 Street and Area BIA Boundary 0 100 200 300 400 Meters Map compiled by: Geospatial Services, Urban Form and Corporate Strategic Development No reproduction of this map, in whole or in part, is permitted without express written consent of the City of Edmonton, Urban Form and Corporate Strategic Development Date Printed: March 13, 2018 Business Improvement Area: Alberta Avenue Legend Alberta Avenue BIA 0 200 400 600 Meters Map compiled by: Geospatial Services, Urban Form and Corporate Strategic Development No reproduction of this map, in whole or in part, is permitted without express written consent of the City of Edmonton, Urban Form and Corporate Strategic Development Date Printed: March 13, 2018 Business Improvement Area: Beverly Legend Beverly BIA 0 100 200 300 400 Meters Map compiled by: Geospatial Services, Urban Form and Corporate Strategic Development No reproduction of this -
Canadian Shopping Centre Awards Winners
CANADIAN SHOPPING CENTRE AWARDS WINNERS ICSC Canadian Convention Metro Toronto Convention Centre Toronto, ON October 4, 2017 MARKETING ADVERTISING CAUSE-RELATED MARKETING Centres 750,000 to 1,000,000 sq. ft. Centres 150,000 to 400,000 sq. ft. of total retail space of total retail space SILVER SILVER Southcentre x Jasper Park Lodge The Giving Tree Southcentre Mall Carrefour Charlesbourg Calgary, Alberta Quebec City, Quebec OWNER/MANAGEMENT OWNER/MANAGEMENT COMPANY COMPANY Oxford Properties Group FPI Cominar Calgary’s Southcentre Mall earns Maple Leaf Silver… Maple Leaf Silver for Carrefour Charlesbourg… to promote the opening of premium retailer Sporting shoppers were invited to donate food to support a Life, the centre developed an integrated campaign local food bank and purchase ornaments to be used that included a luxurious contest, an in-centre lounge during a celebrity tree-decorating challenge. The activation, and stunning images of the fall and winter initiative generated extensive media coverage and collections set against the breathtaking backdrop of the community leader support, raising more than $10,000 Rocky Mountains and the Fairmont Jasper Park Lodge. in funds and donations, and donations of 460 bags of food—enough to help 140 families in need. Centres more than 1,000,000 sq. ft. of total retail space SILVER Be You 10: Mentors in 10 Days GOLD Prairie Mall FW16: I Got You Babe Grande Prairie, Alberta Square One Shopping Centre Mississauga, Ontario OWNER/MANAGEMENT COMPANY OWNER Morguard Oxford Properties Group, AIMCo (Alberta -
Thedelwood Views
TheDelwood Views WINTER IS HERE SO COME AND ENJOY THE OUTDOOR SKATING RINK IN DELWOOD DELWOOD COMMUNITY LEAGUE’S OUTDOOR ARENA PUBLIC SKATING TIMES REGULAR WEEKDAYS 4:00 PM – 9:00 PM SATURDAYS 1:00 PM - 9:00 PM SUNDAY & HOLIDAYS 12:00 PM – 5:00 PM CHRISTMAS BREAK (Weekdays) 2:00 PM – 9:00 PM CHRISTMAS DAY, BOXING DAY, NEW YEARS DAY, RINK MAY BE OPEN AT THE DISCRETION OF THE CONTRACTOR Note: January 3rd Public Skate Time will be from 4:00 – 9:00 pm TEMPERATURES OF +5 to -20 REGULAR RINK OPERATIONS IN EFFECT ALL DELWOOD COMMUNITY LEAGUE MEMBERS SKATE FOR FREE, WITH THEIR SKATE TAGS ON THEIR SKATES $2.00 FOR NON MEMBERS CONCESSION: HOT CHOCOLATE, CONFECTIONARIES, WATER, JUICE & MORE DELWOOD COMMUNITY LEAGUE MEMBERSHIPS ALSO SOLD AT THE CONCESSION HAVE A GREAT WINTER, HOPE TO SEE YOU OUT THERE ENJOY OUR COMMUNITY! Delwood Views ● November 2012 Delwood Contact Info 2012/13 Delwood Community League Executive Delwood Community League Executive meets every third Monday at 6:30 pm. Delwood residents who have ideas to share or questions to ask are welcome to attend a meeting or contact a member of the executive. President Greg Sorenson Facilities Dick Nichols / Paul Liimatainen [email protected] Director [email protected] 780-472-7864 780-476-3221 / 780-478-9510 Vice-President Andrew Burton Fundraising Roberta Lapointe Administration [email protected] Director [email protected] 780-472-0916 780-456-0522 Vice-President Vacant Membership Kim Phair Operations Director [email protected] 780-473-3843 Secretary Teresa Stokes