Village at Griesbach $19,900,000
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FOR SALE - 15.29 ACRE MIXED-USE DEVELOPMENT SITE ASKING PRICE: Village at Griesbach $19,900,000 Rare development opportunity in Edmonton’s most spectacular community High exposure location on the proposed Metro Line light rail transit expansion. Future all directional access on Castle Downs Road and 137 Avenue. KEN WILLIAMSON, MBA CARL PEDERSEN, BCOMM MARJORIE ELLIOTT, BSc, LLB JASON WILLIAMSON Senior Vice President Associate Vice President Associate Associate 780 966 4116 780 982 0260 +1 778 895 0778 780 917 4154 [email protected] [email protected] [email protected] [email protected] Village at Griesbach1 Village at Griesbach v Neighbourhood History About the Developer Award winning Village At Griesbach offers north Edmonton’s most beautiful Canada Lands Company, the developer of Village at Griesbach, is a self- character homes, four lakes, a 24 acre central park, children’s playground and financing, federal commercial Crown corporation with an extensive history of K-9 schooling. The development follows innovative urban village design which delivers accessibility to nearby retail shopping centres, municipal Fire and Police first-class successful developments. Canada Lands Company parent company services, recreational facilities and medical/hospital services, all within minutes of and sole shareholder is CLCL, which reports to the Parliament of Canada the Community. through the Minister of Public Works and Government Services Canada. The 620 acre development in Edmonton, Alberta is built on the site of a former Canada Lands Company operates at arm’s-length from the government in Canadian Forces Base, purchased by Canada Lands Company in 2003 from the Department of National Defence. Focusing on turn of the century architecture acquiring properties from various federal departments, agencies and Crown and drawing inspiration from classic Canadian and European neighborhoods, corporations. Canada Lands Company optimizes the financial and community this community delivers timeless street character and superior curb appeal. The value of these strategic government properties that are no longer needed for preservation of 50 year old trees and the addition of magnificent homes featuring traditional design, advanced construction systems, environmental enhancements, program purposes. and state of the art building technology flawlessly blends modern and timeless elements. Canada Lands Company receives no government appropriations and pays any profits not required for its operations as annual dividends to the federal Sustainable living and environmental stewardship are key design principals of the government. Since its reactivation in 1995, Canada Lands Company has Village at Griesbach. Using innovative development practices and smart growth and new urbanism principles, Village at Griesbach was master planned to be a family- achieved success in its many endeavours across the country, including friendly sustainable neighbourhood, while maintaining a traditional community contributions of over $1-billion to the Government of Canada as payment for character and a profound respect for the land’s military legacy. properties, elimination of carrying costs, payment of taxes and declarations Over 4,900 residents currently live in Village at Griesbach. Upon completion, it is of dividends. projected that Griesbach will house approximately 13,000 people. The development is supported by 38 acres of commercial and mixed-use land that will provide Canada Lands Company also holds and operates certain properties, such as employment and retail shopping opportunities. the CN Tower and Downsview Park in Toronto, and the Old Port of Montréal. The Village at Griesbach is Edmonton’s premier master planned urban community, having won five Awards of Excellence as Edmonton’s best community. Spectacular Notable successes include Currie in Calgary, Wateridge Village in Ottawa, lifestyle features, recreational amenities, future light rail transit systems and Downsview Park & Lands in Toronto, and Garrison Crossing in Chilliwack. incredible public green spaces deliver a superior quality of life and stunningly beautiful neighborhood aesthetics. For more information about Village at Griesbach and ongoing community developments, we encourage you to visit www.villageatgriesbach.com Village at Griesbach 3 Village at Griesbach Demographics (Griesbach Neighbourhood) vvv POPULATION 4,982 GROWTH (2011-2016) 84.8% Age Income 0-19 28.9% AVG HOUSEHOLD INCOME $129,131 20-39 33.5% PERCENTAGE OF HOUSEHOLDS THAT 40-59 22.7% 56.5% EARN MORE THAN $100,000 60+ 15.1% PERCENTAGE OF HOUSEHOLDS THAT MEDIAN 34.7 27.1% EARN BETWEEN $60,000 TO $100,000 137 AVENUE Site Specifications ADMIRAL GIROUARD STREET MUNICIPAL Castle Downs Road and 137 Avenue LEGAL Title Pending SITE AREA ± 15.29 Acres ZONED DC2 - Site Specific Development Control Provision, ability to rezone Castle Downs Road and 137 Avenue JUCHLI AVENUE ACCESS (The site is bounded by Castle Downs Rd on the west, 137th Avenue on the south, Juchli Avenue on the north, and Admiral Girouard Street on the east.) DENSITY TBD TRANSPORTATION Located on phase 2 of the proposed Metro Line light rail transit expansion • Exposure to 27,600 weekday vehicles, on average along 137 Avenue EXPOSURE • Exposure to 21,200 weekday vehicles, on average along Castle Downs Road CASTLE DOWNS ROAD ASKING PRICE $19,900,000 Village at Griesbach 5 Village at Griesbach 15.29 ACRES FOR SALE 15.29 ACRES FOR SALE RETAIL AMENITIES PARKS & RECREATION 1. Northgate Mall 1. Bedford Basin Lake 2. North Town Centre 2. Sanctuary Wood Park 3. Kentwood Ford 3. Patricia Lake 4. Griesbach Village Shopping Centre 4. Castledowns Rec Centre 5. Clearwater Plaza 5. Central Hill Park 6. Beaumaris Shopping Centre 6. Future Lake & Park Site 7. Lakeside Landing Shopping Centre 7. Roundel Lake 8. Griesbach Northwest 8. Future Catholic School Site 9. Major General Griesbach School (K-9) REPRESENTS FUTURE LRT STATIONS Village at Griesbach 7 EDMONTON CITY CENTRE 137 AVENUE CASTLE DOWNS ROAD Purchase Guidelines VILLAGE AT GRIESBACH LAND The 15.29 acre development parcel is being offered for sale on a priced basis. To obtain supplemental information for the Village at Griesbach Land, please contact Ken Williamson or Carl Pedersen. COLLIERS MACAULAY NICOLLS INC. 2210 Manulife Place, 10180 101 Street | Edmonton, AB T5J 3S4 MAIN: 780 420 1585 www.collierscanada.com KEN WILLIAMSON, MBA CARL PEDERSEN, BCOMM MARJORIE ELLIOTT, BSc, LLB JASON WILLIAMSON Senior Vice President Associate Vice President Associate Associate 780 966 4116 780 982 0260 +1 778 895 0778 780 917 4154 [email protected] [email protected] [email protected] [email protected] This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2019. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Edmonton). *Personal Real Estate Corporation..