331 – 9Th Avenue Se &
Total Page:16
File Type:pdf, Size:1020Kb
W LAND FOR SALE 331 – 9TH AVENUE SE & 417 – 9TH AVENUE SE EAST VILLAGE | CALGARY OPPORTUNITY PROPERTY OVERVIEWS On behalf of Calgary Municipal Land Corporation (CMLC), Cushman & Wakefield TH ULC presents an excellent opportunity to develop in the vibrant, growing urban 331 – 9 AVENUE SE - WEST PARCEL community of Calgary’s East Village with 2 development sites. Plan 1711864; Block 3; Lot 5 Legal (Pending subdivision) HIGHLIGHTS Site Size 0.39 Acres Prime Location WEST The Properties are located in Calgary’s East Village. This is one of Calgary’s most dynamic, creative, Land Use DC 255D2018 and exciting city neighborhoods that offers events and opportunities that are concentrated within a Approx few walkable, bikeable and well-connected streets. 150ft x 108ft Measurements East Village offers more city and more life- it’s catalyst of urban culture, a future-facing hub of optimism, ideas and energy that is helping Calgary live its next chapter. For residents, businesses TH and visitors of all kind, it’s the real-life city neighbourhood thats evolving and defining not only in the 9TH AVE PARKING & 417 – 9 AVENUE SE - EAST PARCEL east end, but all of Calgary. INNOVATION CENTRE EAST Plan 1711864; Block 3; Lot 5 Legal Significant Development Potential (Pending subdivision) Preliminary planning investigations indicate that the combined sites can accommodate 721,960 square feet of buildable density based on the maximum density of 10 FAR. The sites are encompassed in the East Village Redevelopment Plan and designated as Mixed-Use High Density to Site Size 0.29 Acres accommodate a range of residential and non-residential uses, as well as to promote a mix of uses but limits commercial intensity to allow for more residential development. Land Use DC 255D2018 In addition, all sites are located within a Transition Area which allows for more non-residential uses Approx and larger uses at grade to accommodate larger building massing and development intensity to 134ft x 82ft transition from Downtown and the rail corridor. Measurements * 9TH AVE SE PARKING & INNOVATION CENTRE, BETWEEN THE WEST AND EAST PARCEL WILL BE COMPLETED IN FALL 2020 9TH AVE SE PARKADE & INNOVATION CENTRE In partnership with Calgary Parking Authority (CPA) and Platform, CMLC will deliver an innovative 331 – 9TH AVE SE and future-focused project that will combine 500+ parking stalls across 5 levels with a space for WESTWEST PARCEL PARCEL Calgary innovators called Platform. Designed by architects Kasian and 5468796, the building’s design includes increased floor to ceiling heights which are one and half times that of traditional parkades; a central atrium space that allows for natural light to penetrate through the building; and a responsible long-term approach that allows for the re-purposing of the existing building structure into future uses. EAST PARCEL The 9th Avenue Parkade and Innovation Centre broke ground in 2019 and will be project managed by CMLC. Opening in Fall 2020, the project will comprise a total of approximately 250,000 square feet and will be accessed directly off 9th Avenue at 3rd Street SE, creating a central point for visitors heading into the downtown core and East Village. 5 Minutes to Quick access to Memorial Drive 20 minutes to the Calgary Downtown Calgary and Macleod Trail SE International Airport EAST VILLAGE LANDS | CUSHMAN & WAKEFIELD ULC EAST VILLAGE LANDS | CUSHMAN & WAKEFIELD ULC EAST VILLAGE HISTORY In 2007, city council created CMLC with the ambitious mandate to revitalize the Rivers District VISION: starting with East Village. Inspired by some of the world’s most livable places, the master plan established the framework for redeveloping a vibrant, mixed-use, creative city neighbourhood. East Village will become a vibrant, human-scaled and sustainable high density Downtown neighbourhood that respects and enhances its historical, physical and social context and Now ten years into the master plan delivery, East Village is now unfolding into a riverfront destination known for its vibrant events calendar, innovative public arts program and diverse mix reinforces a high quality of life for its diverse residents. of residential development projects. One of the most dynamic areas within Calgary’s downtown core, EV is now home to more than 1,200 new condos and over 3500 residents, a variety of retail options, and restored heritage buildings that add to the character of the district. COMMUNITY FRAMEWORK Goal: A strong local identity, a sense of community and recognition of the unique attributes of the area. LAND USE Goal: A vibrant, mixed-use area with neighbourhoods that transition from Downtown and development that reflects the scale of the area. URBAN DESIGN Goal: Developments that create a high-quality built environment that recognizes the history and character of the area and contributes to a comfortable pedestrian experience at the street level OPEN SPACE Goal: A network of quality open spaces and community amenities. MOBILITY Goal: A well-connected and walkable Centre City. INFRASTRUCTURE & ENVIRONMENT Goal: Development that makes efficient use of public infrastructure and demonstrates environmental stewardship. EAST VILLAGE LANDS | CUSHMAN & WAKEFIELD ULC EAST VILLAGE LANDS | CUSHMAN & WAKEFIELD ULC SUNNYSIDE DOWNTOWN CALGARY BELTLINE EAU CLAIRE 331 – 9TH AVE SE WEST PARCEL 417 – 9TH AVE SE EAST PARCEL EAST VILLAGE 9TH AVENUE SE AVENUE 9TH FOR MORE INFORMATION, CONTACT: Marc Rosso Tom Charlton Vice President Vice President Investment Sales Group Investment Sales Group Direct Tel: 403 261 1127 Direct Tel: 403 261 1117 [email protected] [email protected] These statements are based upon the information furnished by the principal and sources, which we deem reliable - for which we assume no responsibility and is subject to verification during a formal due diligence period. This submission is made subject to prior sale, change in price or terms, or withdrawal without notice. Prospective purchasers should not construe this information as legal or tax advice. Legal counsel, accountants or other advisors should be consulted, if desired, on matters related to this presentation..