FOR SALE CAMBRIAN CROSSING Highway 16 & Highway 21, Sherwood Park, AB
RESIDENTIAL DEVELOPMENT LANDS
±69 ACRES RESIDENTIAL DEVELOPMENT LAND
PROPERTY HIGHLIGHTS DEMOGRAPHICS • ±69 Acres Demographics 2016 (Est.) • Adopted area structure plan with future Average Hosehold Income $ 146,397 population approaching 11,500 residents Median Household Income $ 121,668 %'age Of Population With Household Income 63% • Average residential density of 30/HC (12/AC) 2016 2021 2026 to 40/HC (16/AC) Population (estimated) (projected) (projected) 70,462 75,750 81,902 • 2,360 new households required by 2021 in Change from 2016 5,288 11,440 Sherwood Park Households 25,801 28,161 31,006 • Two major developers ready to go on the Change from 2016 2,360 5,205 adjacent parcel
SALE PRICE: $13,200,000
Jeff McCammon Doug Bauer Suite 2700, TD Tower Partner Associate Broker 10088 102 Avenue 780 429 9352 780 702 8080 Edmonton, AB T5J 2Z1 [email protected] [email protected] www.cwedm.com
Cushman & Wakefield Edmonton is independently owned and operated / A Member of the Cushman & Wakefield Alliance. Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. may 10, 2017 FOR SALE CAMBRIAN CROSSING Highway 16 & Highway 21, Sherwood Park, AB
APPROVED AREA STRUCTURE PLAN
Jeff McCammon Doug Bauer Suite 2700, TD Tower Partner Associate Broker 10088 102 Avenue 780 429 9352 780 702 8080 Edmonton, AB T5J 2Z1 [email protected] [email protected] www.cwedm.com
Cushman & Wakefield Edmonton is independently owned and operated / A Member of the Cushman & Wakefield Alliance. Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. may 10, 2017 FOR SALE CAMBRIAN CROSSING Highway 16 & Highway 21, Sherwood Park, AB
FUTURE DEVELOPMENT Cambrian Crossing is a strategic collaboration between the County of Strathcona, Rohit Land Development, Mattamy Homes and Cambrian Strathcona Properties Corp. (“CSPC”).
Originally purchased for commercial development by CSPC, the municipality had requested residential development be accommodated for a number of reasons: • Limited long term residential land inventories in the Hamlet of Sherwood Park • Long term approved growth corridor for the community is restricted to the north side of Highway 16 & Highway 21 lands • Cambrian Crossing bridges the existing Sherwood Park residential to the approved Bremner Development (potentially up to 70,000 future residents) • Pedestrian and vehicular connectivity corridor • Significant natural area of Oldman Creek will create attractive amenities/park land for residents directly within Cambrian Crossing
Via a collaborative process, planning has begun with the 2014 approval of the Area Structure Plan with the stakeholders hoping to commence physical work on site as soon as fall 2017
GROWING IN STRATHCONA MAP
SITE
Jeff McCammon Doug Bauer Suite 2700, TD Tower Partner Associate Broker 10088 102 Avenue 780 429 9352 780 702 8080 Edmonton, AB T5J 2Z1 [email protected] [email protected] www.cwedm.com
Cushman & Wakefield Edmonton is independently owned and operated / A Member of the Cushman & Wakefield Alliance. Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. may 10, 2017 FOR SALE CAMBRIAN CROSSING Highway 16 & Highway 21, Sherwood Park, AB
AERIAL DOWNTOWN EDMONTON
SHERWOOD PARK
Highway 16 ROHIT COMMUNITIES
SITE MATTAMY HOMES Highway 21
Jeff McCammon Doug Bauer Suite 2700, TD Tower Partner Associate Broker 10088 102 Avenue 780 429 9352 780 702 8080 Edmonton, AB T5J 2Z1 [email protected] [email protected] www.cwedm.com
Cushman & Wakefield Edmonton is independently owned and operated / A Member of the Cushman & Wakefield Alliance. Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. may 10, 2017