WEST COCHRANE LANDS 6.8 ACRE MULTI SITE 204 MULTI UNIT with PREVIOUS DP APPROVAL OR TOWNHOUSE SITE Cochrane Alberta

FOR SALE WEST COCHRANE LANDS 6.8 ACRE MULTI SITE 204 MULTI UNIT WITH PREVIOUS DP APPROVAL OR TOWNHOUSE SITE Cochrane Alberta

HARVEY RUSSELL SCOTT RUSSELL Vice President Sales Representative 403 750 0525 403 750 0516 [email protected] [email protected]

Multi-Family and Land | Calgary WEST COCHRANE LANDS 6.8 ACRE / 204 MULTI UNIT/ OR TOWNHOUSE SITE Cochrane, Alberta

DEVELOPMENT OPPORTUNITY 204 MULTI-RESIDENTIAL UNIT WITH PREVIOUS DP APPROVAL OR TOWNHOUSES LIST PRICE OF $5,100,000 + 6.8 acres / 2.75 hectares ++Development permit approved for three buildings of 47 units and one west facing building of 53 units (working drawings available) ++Zoning allows for townhouse development ++West facing units have a great view of the Rocky Mountains

MARKET CONDITIONS

++Cochrane saw a 5% increase in home sales in 2016 and have plans for significant new phases in 2017. The city has a new aquatics facility opening in the middle of the year and land acquisitions in place for the second bridge over the Bow River. These are some critical pieces of infrastructure in place to help Cochrane continue to grow and be a desirable place to live. This development will result in a steady market throughout 2017 and into 2018 with projections mirroring the 2016 increase.

COMMUNITY PROFILE

++The neighborhood of Heartland is organized around a network of distinct parks and green space connected by local streets and dedicated pedestrian and bike pathways. This network is integrated into the design of the community connecting open space, service, retail, institutional and employment amenities. Heartland is situated just off of highway 1A with easy access West to Ghost Dam and East to Calgary. The location is also in close proximity to highway 22 allowing a North access to highway 2A to Red Deer and Edmonton. New Bus Rapid Transit route to serve the district also connects directly to Crowchild Trail via highway 1A. WEST COCHRANE LANDS 6.8 ACRE / 204 MULTI UNIT/ OR TOWNHOUSE SITE Cochrane, Alberta

Property Details Municipal Address: 101 Clydesdale Way Legal Description: Plan 0913725 Block 1 Lot 1 Community: Heartland Site Size: 296,208 SF (6.8Acres) Land Use Designation: R-M High Density Multi-Unit Dwellings Reports Available: Geotechnical, ESA Phase 1, Survey Area Amenities: Safeway, No Frills, Starbucks & more Transportation: Moving ahead with plans for local transit Schools: Mitford Middle School, Glenbow School & more Recreation: Big Hill Leisure Pool, Cochrane Curling Club & more

SITE PLAN WEST COCHRANE LANDS 6.8 ACRE / 204 MULTI UNIT / OR TOWNHOUSE SITE Cochrane, Alberta

LOCATION MAP

OFFERING PROCESS The Property is being marketed for sale by way of conventional marketing process with a List Price of $5,100,000. The intention of the Vendor is to make detailed information on the property available to qualified prospective purchasers upon request and to deal with LOIs or offers to purchase as they are received. Access will be provided to CBRE’s MarketPlace website, which contains detailed information on the Property. If you are interested in the Property, please contact Harvey Russell or Scott Russell.

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