Balzac Future Development Land Rocky View County, Ab

Rocky View County Civic Campus Site HIGHWAY 566

Balzac Commercial Wagon Wheel Campus Industrial Park CrossIron Mills Rosemont Mall & Associated Business Commercial Park Industrial Century HAM Crosspointe Areas West SUBJECT Downs Industrial PROPERTY & Ind. Park Casino Park High Plains Business New D Park Horizon W I G H T M C

T Nose Creek N Industrial Hopewell R

Park A Mclellan I

QE II HIGHWAY L Business Park Rocky View County CP Rail Line City of Calgary

STONEY TRAIL NE (RING ROAD)

STONEGATE COMMERCIAL REDSTONE RESIDENTIAL

160 ACRES FOR SALE

Partnership. Performance.

BALZAC FUTURE DEVELOPMENT LAND ROCKY VIEW COUNTY, AB

David Jantzie, Associate Steve Vesuwalla, Principal Roseleen Bhatti, Associate Loveleen Bhatti, Associate 587.293.3360 403.232.4306 403.232.4325 403.232.4328 [email protected] [email protected] [email protected] [email protected]

© 2018 Avison Young Real Estate Alberta Inc. All rights reserved. E. & O.E.: The information contained herein was obtained from sources that we deem reliable and, while thought to be correct, is not guaranteed by Avison Young. BALZAC FUTURE DEVELOPMENT LAND ROCKY VIEW COUNTY, AB

Particulars

Legal Address: AIRDRIE 1014459; 1; 1 & 4; 28; 26; NW Site Size: 160 Acres more or less Land Use: QE II Highway RF, within East Balzac ASP - potential to be rezoned Industrial SUBJECT PROPERTY Opportunity CROSS IRON Exceptional 160-acre development site located in Rocky MILLS View County abutting the City of Calgary and adjacent to Highfield Industrial Park. The area provides great access to Calgary proper and to major highways to the Stoney Trail North, East and West, efficiently servicing Vancouver and Edmonton regions as well as eastern markets. Location Frontage and direct access onto Crossiron Drive CALGARY provides excellent access to the Ring Road and INTERNATIONAL Highway 2 as well as north to Highway 566 AIRPORT Permitted Uses: The following are some of the major uses permitted by current zoning on the property. A complete copy of the RF Bylaw can be provided. - Accessory buildings less than 185.81 m2 (2,000 sf) building area CALGARY - Agriculture, General - Dwelling, single detached Image © 2017 Google - Home-Base Business, Type 1

- Keeping of livestock (see Section 24 for regulations) DRIVE TIMES: - Private swimming pool Red Deer: 129 km (1 hr 10 min) Comments: Edmonton: 269 km (2 hr 25 min) Grande Prairie: 692 km (6 hr 30 min) - Large flat development site Fort McMurray: 721 km (6 hr 45 min) - Located in Rocky View County, lower tax environment Trans Canada Hwy East: 17 km (10 min) than adjacent City of Calgary lower property tax, Medicine Hat: 293 km (2 hr 45 min) no business tax Saskatoon, SK: 579 km (5 hr 50 min) - Adjacent to large format distribution users Regina, SK: 750 km (6 hr 55 min) - Potential to include an additional 138 acres Winnipeg, MB: 1,338 km (13 hr 15 min) to the immediate south of the site Vancouver, BC: 985 km (10 hr 20 min) BALZAC FUTURE DEVELOPMENT LAND ROCKY VIEW COUNTY, AB

municipal tax levy: calgary vs. rocky view county

Compared with the City of Calgary, 2.0% Rocky View County offers a significantly 1.8% lower commercial property tax environment and no business taxes. 1.6% City of Calgary Current: 1.39% *comparison includes only municipal levy on 1.4% 5yr Avg: 1.17% non-residential commercial properties 1.2%

1.0%

0.8% Rocky View 0.6% County Current: 0.74% 0.4% 5yr Avg: 0.73%

0.2%

0.0%

distribution centre tax case study: calgary vs. rocky view county

Two fully-leased near identical $1,400,000 distribution buildings $1,296,236 ($2.85 psf) (~500,000 square feet) in $1,200,000 Calgary and Rocky View $1,036,886 County are compared. The ($2.28 psf) full tax levy on each since $1,000,000 $607,789 2015 is calculated and presented difference in taxes in a $/sf/annum format. $800,000

$688,447 $671,376 ($1.37 psf) $600,000 ($1.33 psf)

$400,000 2015 2016 2017 Rocky View County Calgary

* Note that the above figures are based on the 2017 assessments of two existing comparable distribution centrers located in each of the respective municipalities. In this analysis, the mill rates for each given year are applied to the 2017 assessments.

Subdivision Plan