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Bremner Lands for Sale FOR SALE BREMNER LANDS 292.22 Acres of Residential Development Land Northeast corner of Highway 16 & Highway 21 Strathcona County, Alberta. ASKING PRICE: $20,444,000 ($70,000 PER ACRE) HIGHWAY 16 HIGHWAY 21 HIGHWAY 2 FOR SALE: BREMNER LANDS THE OPPORTUNITY Jones Lang LaSalle Real Estate Services, Inc. (the “Advisor”) has been exclusively retained to seek proposals to acquire the Bremner Lands (the “Property”). Interested parties will be required to execute and submit the Vendor’s form of Confidentiality Agreement prior to receiving detailed information about the Property. The Property is approximately 292 acres of residential development land, located in Strathcona County. The Property is located at the northeast corner of Highways 16 and 21, Strathcona County, Alberta. Located within the planned community of Bremner, the subject property, as set forth in the Bremner and Local Employment Area (LEA), Area Concept Plan, is to be developed into a future residential subdivision. The Bremner and LEA Area INVESTMENT HIGHLIGHTS Concept Plan should be read in conjunction with Strathcona County’s Municipal Development Plan, • The subject boarders two major Highway Traffic thoroughfares, these are Highways supporting technical documents for the Bremner 16 and 21. Highway 16 turns into Yellowhead Trail to the west providing very good and LEA Area Concept Plan. access to Edmonton. Highway 21 provides single lane access to the City of Camrose to the south and divided two lane access to the Hamlet of Sherwood Park and City The Property is being offered with an asking price of of Fort Saskatchewan to the north. $20,444,000 ($70,000 per acre). No offer, regardless of form or content, will create any binding legal • Strathcona County entails a prominent bedroom community servicing the obligation upon the Vendor or the Advisor until fully Edmonton region as it is located within a 20-minute drive to Downtown Edmonton. executed by the Vendor and Purchaser. • Excellent exposure to highways 16 and 21 Please contact JLL for more information. • There is a lack of quality development land available in the Greater Edmonton Area. Expressions of interest will be dealt with as received. Bremner represents one of the top development parcels available. 3 FOR SALE: BREMNER LANDS PROPERTY SUMMARY PROPERTY ADDRESS Northeast corner of Highways 16 & 21, Strathcona County, Alberta SITE AREA +/-292.22 acres LEGAL DESCRIPTION SE/SW-18-53-22-W4 LAND-USE DESIGNATION Current: AG - Agricultural; Future : Residential & Commercial (per the ACP) COMMUNITY Bremner TOPOGRAPHY Generally flat with some rolling terrain HIGHWAY 16 HIGHWAY 21 4 FOR SALE: BREMNER LANDS LOCATION HIGHLIGHTS The Property is located in the Northeast corner HIGHLIGHTS of Highway 16 and Highway 21. The immediate • Northeast Corner of Highways 16 & 21, Strathcona County, Alberta proximity to the regional transportation network • 25 Minutes to Downtown Edmonton provides convenient access to Downtown Edmonton, Sherwood Park, the airport and key • Easy access to the Anthony Henday regional facilities by utilizing the Anthony Henday. • 30 Minutes to YEG Edmonton International Airport In addition, Sherwood Park is supported by many of • Immediate access to existing services and amenities in Sherwood Park Canada’s premier grocers and retailers. Fort Saskatchewan is a short 13-minute drive from Bremner lands down Highway 21. Fort Saskatchewan is favorably situated to many large employers such as Dow Chemical Canada and Sherritt International. The municipality also fosters over 1500 operating businesses. EDMONTON Bremner lands is also in proximity to the refinery district which is dominated by two refineries: • The Strathcona Refinery (Imperial Oil), which HIGHWAY 21 HIGHWAY can process 187,000 barrels per day and the Suncor Edmonton Refinery (Suncor Energy), which can process 135,000 barrels per day. Both HIGHWAY 16 of which are major employers to the Strathcona county. • The other main refineries in the Edmonton area are also located in Strathcona County, in a separate concentration around the Heartland SHERWOOD PARK ANTHONY HENDAY and Scotford, Alberta. 5 FOR SALE: BREMNER LANDS PLANNING OVERVIEW On September 10, 2019, Council gave Bylaw 3-2019 second and third readings officially adopting the Bremner and LEA Area Concept Plan to accommodate future urban population growth in Strathcona County. An area concept plan is a statutory plan that provides a comprehensive planning framework and a generalized future land use concept to guide subsequent area structure plans undertaken by developers. Bremner is a continuous expansion of Sherwood Park east of Highway 21. The Local Employment Area (LEA) is located across from Bremner, on the south side of Highway 16. STRATHCONA COUNTY 2020 DEMOGRPAHICS • Total Population: 98,361 (2016 municipal census) • 71,332 Urban • 27,049 Rural • Average Household Income: $160,655 • Average Age: 39 years • Average Home Resale Price: $449,703 • 840,400 Eligible workers in the region 6 FOR SALE: BREMNER LANDS SERVICING OVERVIEW Sanitary sewer and water services are to be extended from the Cambrian Lands to the west, from Township Road 534 and across Highway 21, approximately 1 ½ miles north of the subject. Lands to the north of the subject are likely to be developed first. Power and Gas are readily available. 7 FOR SALE: BREMNER LANDS OFFERING PROCESS The Property is being offered for sale at an asking price of $20,444,000 ($70,000 per acre). Expressions of interest will be reviewed as received. No offer, regardless of form or content, will create any binding legal obligation upon the Vendor or the Advisor until fully executed by the Vendor and Purchaser. The Vendor reserves the right to alter the sales process. All inquiries regarding the Property should be directed to: SAMUEL DEAN TYLER HERDER Senior Vice President Sales Associate [email protected] [email protected] +1 780 328 2560 +1 780 328 2576 ADAM KILBURN ADAM BUTLER Senior Vice President Vice President [email protected] [email protected] +1 780 328 2584 + 1 780 328 0065 Copyright @ Jones Lang LaSalle IP, Inc. 2020. This presentation has been prepared solely for informational purposes The presentation is confidential and may not be reproduced. The contents of this presentation are not to be construed as legal, accounting, business or tax advice. The information contained herein is proprietary and confidential and may contain commercial or financial information, trade secrets and/or intellectual property of JLL and/or its affiliates. Although the information used in this presentation was taken from sources believed to be reliable, there is no representation, warranty or endorsement (expressed or implied) made as to the accuracy, reliability, adequacy or completeness of any information or analysis contained herein JLL expressly disclaims any and all liability that may be based on such information, errors therein or omissions there from Certain information in this presentation constitutes forward-looking statements Due to various risks, uncertainties and assumptions made in our analysis, actual events or results or the actual performance of the types of financing and values covered by this presentation may differ materially from those described. The information herein reflects our current views only, are subject to change, and are not intended to be promissory or relied upon..
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