for sale - vacant highway commercial site ... - edmonton · property information: • a high...
TRANSCRIPT
10th Floor Edmonton Tower 10111 - 104 Avenue NW Edmonton AB T5J 0J4
Main Phone 780-496-6000 After Hours 311 Outside Edm 780-422-5311
City of Edmonton OWNER-BROKER Real Estate
edmontoncapropertysalesGateway_Listing
FOR SALE - VACANT HIGHWAY COMMERCIAL SITE
GATEWAY BOULEVARD
Neighbourhood Strathcona Industrial Park Sale Land Legal Description Blocks A B C D E
Plan 1620808 Toal Land Area 460 Ac 186 hectares (more or less)
Existing Land Use Zone CHY - Highway Corridor Zone
Last Update June 5 2018 Tax Roll Number(s) Block A - 10851790 Block B - 10774432 Block C - 10774433 Block D - 10774434 Block E - 10774435 Sector Southwest
COLOUR AERIAL PHOTO - DOWNLOAD [LINK]
Buyerrsquos Application Form ONLINE FORM - FILL OUT amp SEND [LINK] PDF FORM [LINK] - DOWNLOAD SCAN amp E-MAIL OR DELIVER
Annual Local Imp Charges NIL Estimated Local Imp Payout NIL Estimate of 2018 Taxes $131195 (subject to verification by Assessment amp Taxation)
Gateway BoulevardNorth of 34th Avenue
MARKET Open tO Offers
SUBJECT PROPERTIESLEGAL
BLOCKS A B C D E PLAN 162 0808STRATHCONA INDUSTRIAL PARK -
(TOTAL AREA=189 ha)
18 04 25 YL 1620808-A-E-SP
1
24PUL
21
26
27
5
30
20
19
3 2C
2B
2D
25PUL
28
2
2A
1A
5
1
105
51
144
27
661
3
2778
126
18
126
2011
661
106
51
106
5110
046
100
553706
3999ARC
BYLA
W C
LOSU
RE 8
3213
2029
(722
7)
ARE
A A
A
REA
B
430
712
Sq
mA
REA
D
CAN
AD
IAN
PAC
IFIC
RA
ILW
AY
SW 9-52-24-4A
REA
E
LOT H
BLK 32 BLK 1 BLK 22
BLK 38
LOT J BLK C
99 S
T
35 AVE
101
ST
39 AVE
34 AVE
CALG
ARY
TR
116
57
ARE
A C
GAT
EWAY
BLV
D
NOTE ALL DIMENSIONS AND AREAS ARE APPROXIMATEAND MUST BE VERIFIED BY LEGAL SURVEY
4
3038
366
599
Sq
m3
676
48 S
qm
360
155
Sq
m3
611
22 S
qm
3498
3277
REAL ESTATE FINANCIAL ANDCORPORATE SERVICES
PENDING
prOperty InfOrmatIOn
bull A high quality commercial development opportunityawaits featuring 1957 ft (59650 m) of frontage andexposure to 40100 vehicles per day according the ldquo2016AAWDT Reportrdquo prepared by City of Edmonton Thesubject properties are located along Gateway Boulevardin Strathcona Industrial Park with exposure to theintersection of two major retail arterial corridors andacross from the South Park Shopping Centre
bull Full municipal services are available in adjacent roadways
bull A supplemental Phase 2 Environmental Site Assessmentwas completed on February 3 2014 and is available forreview upon request However this report is provided forinformation purposes only
bull There is a berm on site that may need to be removed bythe buyer to facilitate development
bull All costs associated with accesss roadway modificationsupgrading modificationrelocation of existing servicesand costs associated with removal of the berm and orsite remediation required for any new development willbe borne by the buyer
addItIOnal InfOrmatIOnFor additional background it is recommended that applicants review the following
bull (CHY) Highway Corridor Zone
bull South Industrial Area Outline Plan
bull Calgary Trail Land Use Study
bull Major Commercial Corridors Overlay
bull Guidelines for New Development in Proximity to Railways
The information contained herein is believed to be true but does not constitute a
contract Buyers should verify all information to their own satisfaction Price terms
and conditions are subject to change without notice GST is not included in price
FOR SALE - VACANT HIGHWAY COMMERCIAL SITE
GATEWAY BOULEVARD
purchase prOcess
1 Applicants are strongly encouraged to describepresenttheir proposed development for this property This can bedone in one of the following ways
bull Within the ldquoAdditional Informationrdquo section of theldquoBuyerrsquos Application Formrdquo or on the ldquoInteractive Buyerrsquos Application Formrdquo [LINK] or
bull Submit an information package describing theproposed development including a completedbuyers application form via email to propertysalesedmontonca prior to the submission deadline shownbelow This property has been listed in a competitivepublic offering Multiple offers are commonly receivedas a result of these public offerings
2 In order to give all interested buyers an equal opportunityall submissions will be held until 400 pm August 31st2018 After that time the City of Edmonton will contact theapplicant(s) which the City selects to further negotiate andformalize a Sale and Development Agreement
3 Applicants must acknowledge the involvement orassistance of any Licensed Real Estate Brokers within theirsubmission
4 The City reserves the right at its discretion to accept rejector further negotiate with any or all applicants andor cancelor modify this offering
10th Floor Edmonton Tower 10111 - 104 Avenue NW Edmonton AB T5J 0J4
Main Phone 780-496-6000 After Hours 311 Outside Edm 780-422-5311
City of Edmonton OWNER-BROKER Real Estate
edmontoncapropertysales Gateway_Listing
PENDING
cOndItIOns Of sale
1 All sales must be approved by the Branch Manager ofReal Estate Financial and Corporate Services andor theExecutive Committee of City Council
2 The Buyer will be required to enter into a Sale andDevelopment Agreement as well as a Buy Back OptionAgreement Among other things the agreements willcontain the following requirements and conditions
bull The Buyer must commence construction withinone (1) year of the Closing Date and completeconstruction within three (3) years of the ClosingDate
bull The Buyer must obtain a Leadership in Energy andEnvironmental Design ldquoCertifiedrdquo (LEED) or BuiltGreen Silver certification or equivalent for thedevelopment
bull Provision of a deposit in the amount of 10 ofthe purchase price upon execution of a Sale andDevelopment Agreement and a performancefee of $350000 This is tied to completion ofthe development within 3 years of closingand achieving a Leadership in Energy andEnvironmental Design ldquoCertifiedrdquo (LEED) or BuiltGreen Silver or equivalent for the development
bull All developments shall comply with thedevelopment regulations contained in the (CHY) Highway Corridor Zone the Major Commercial Corridors Overlay and the Calgary Trail Land Use Study
3 The property is being sold on a strictly ldquoas is where isrdquo basis Any representations or information regarding thesize configuration dimensions zoning utility servicesaccess environmental qualityliability soil conditionsor developability with respect to the property are takenand relied upon at the Buyerrsquos sole risk and the Buyerhas the obligation of ascertaining the accuracy of allsuch information
The information contained herein is believed to be true but does not constitute a
contract Buyers should verify all information to their own satisfaction Price terms
and conditions are subject to change without notice GST is not included in price
FOR SALE - VACANT HIGHWAY COMMERCIAL SITE
GATEWAY BOULEVARD
10th Floor Edmonton Tower 10111 - 104 Avenue NW Edmonton AB T5J 0J4
Main Phone 780-496-6000 After Hours 311 Outside Edm 780-422-5311
City of Edmonton OWNER-BROKER Real Estate
edmontoncapropertysales Gateway_Listing
Source City of Edmonton Open Data
Source City of Edmonton Open Data
PENDING
prOperty InfOrmatIOn
bull A high quality commercial development opportunityawaits featuring 1957 ft (59650 m) of frontage andexposure to 40100 vehicles per day according the ldquo2016AAWDT Reportrdquo prepared by City of Edmonton Thesubject properties are located along Gateway Boulevardin Strathcona Industrial Park with exposure to theintersection of two major retail arterial corridors andacross from the South Park Shopping Centre
bull Full municipal services are available in adjacent roadways
bull A supplemental Phase 2 Environmental Site Assessmentwas completed on February 3 2014 and is available forreview upon request However this report is provided forinformation purposes only
bull There is a berm on site that may need to be removed bythe buyer to facilitate development
bull All costs associated with accesss roadway modificationsupgrading modificationrelocation of existing servicesand costs associated with removal of the berm and orsite remediation required for any new development willbe borne by the buyer
addItIOnal InfOrmatIOnFor additional background it is recommended that applicants review the following
bull (CHY) Highway Corridor Zone
bull South Industrial Area Outline Plan
bull Calgary Trail Land Use Study
bull Major Commercial Corridors Overlay
bull Guidelines for New Development in Proximity to Railways
The information contained herein is believed to be true but does not constitute a
contract Buyers should verify all information to their own satisfaction Price terms
and conditions are subject to change without notice GST is not included in price
FOR SALE - VACANT HIGHWAY COMMERCIAL SITE
GATEWAY BOULEVARD
purchase prOcess
1 Applicants are strongly encouraged to describepresenttheir proposed development for this property This can bedone in one of the following ways
bull Within the ldquoAdditional Informationrdquo section of theldquoBuyerrsquos Application Formrdquo or on the ldquoInteractive Buyerrsquos Application Formrdquo [LINK] or
bull Submit an information package describing theproposed development including a completedbuyers application form via email to propertysalesedmontonca prior to the submission deadline shownbelow This property has been listed in a competitivepublic offering Multiple offers are commonly receivedas a result of these public offerings
2 In order to give all interested buyers an equal opportunityall submissions will be held until 400 pm August 31st2018 After that time the City of Edmonton will contact theapplicant(s) which the City selects to further negotiate andformalize a Sale and Development Agreement
3 Applicants must acknowledge the involvement orassistance of any Licensed Real Estate Brokers within theirsubmission
4 The City reserves the right at its discretion to accept rejector further negotiate with any or all applicants andor cancelor modify this offering
10th Floor Edmonton Tower 10111 - 104 Avenue NW Edmonton AB T5J 0J4
Main Phone 780-496-6000 After Hours 311 Outside Edm 780-422-5311
City of Edmonton OWNER-BROKER Real Estate
edmontoncapropertysales Gateway_Listing
PENDING
cOndItIOns Of sale
1 All sales must be approved by the Branch Manager ofReal Estate Financial and Corporate Services andor theExecutive Committee of City Council
2 The Buyer will be required to enter into a Sale andDevelopment Agreement as well as a Buy Back OptionAgreement Among other things the agreements willcontain the following requirements and conditions
bull The Buyer must commence construction withinone (1) year of the Closing Date and completeconstruction within three (3) years of the ClosingDate
bull The Buyer must obtain a Leadership in Energy andEnvironmental Design ldquoCertifiedrdquo (LEED) or BuiltGreen Silver certification or equivalent for thedevelopment
bull Provision of a deposit in the amount of 10 ofthe purchase price upon execution of a Sale andDevelopment Agreement and a performancefee of $350000 This is tied to completion ofthe development within 3 years of closingand achieving a Leadership in Energy andEnvironmental Design ldquoCertifiedrdquo (LEED) or BuiltGreen Silver or equivalent for the development
bull All developments shall comply with thedevelopment regulations contained in the (CHY) Highway Corridor Zone the Major Commercial Corridors Overlay and the Calgary Trail Land Use Study
3 The property is being sold on a strictly ldquoas is where isrdquo basis Any representations or information regarding thesize configuration dimensions zoning utility servicesaccess environmental qualityliability soil conditionsor developability with respect to the property are takenand relied upon at the Buyerrsquos sole risk and the Buyerhas the obligation of ascertaining the accuracy of allsuch information
The information contained herein is believed to be true but does not constitute a
contract Buyers should verify all information to their own satisfaction Price terms
and conditions are subject to change without notice GST is not included in price
FOR SALE - VACANT HIGHWAY COMMERCIAL SITE
GATEWAY BOULEVARD
10th Floor Edmonton Tower 10111 - 104 Avenue NW Edmonton AB T5J 0J4
Main Phone 780-496-6000 After Hours 311 Outside Edm 780-422-5311
City of Edmonton OWNER-BROKER Real Estate
edmontoncapropertysales Gateway_Listing
Source City of Edmonton Open Data
Source City of Edmonton Open Data
PENDING
cOndItIOns Of sale
1 All sales must be approved by the Branch Manager ofReal Estate Financial and Corporate Services andor theExecutive Committee of City Council
2 The Buyer will be required to enter into a Sale andDevelopment Agreement as well as a Buy Back OptionAgreement Among other things the agreements willcontain the following requirements and conditions
bull The Buyer must commence construction withinone (1) year of the Closing Date and completeconstruction within three (3) years of the ClosingDate
bull The Buyer must obtain a Leadership in Energy andEnvironmental Design ldquoCertifiedrdquo (LEED) or BuiltGreen Silver certification or equivalent for thedevelopment
bull Provision of a deposit in the amount of 10 ofthe purchase price upon execution of a Sale andDevelopment Agreement and a performancefee of $350000 This is tied to completion ofthe development within 3 years of closingand achieving a Leadership in Energy andEnvironmental Design ldquoCertifiedrdquo (LEED) or BuiltGreen Silver or equivalent for the development
bull All developments shall comply with thedevelopment regulations contained in the (CHY) Highway Corridor Zone the Major Commercial Corridors Overlay and the Calgary Trail Land Use Study
3 The property is being sold on a strictly ldquoas is where isrdquo basis Any representations or information regarding thesize configuration dimensions zoning utility servicesaccess environmental qualityliability soil conditionsor developability with respect to the property are takenand relied upon at the Buyerrsquos sole risk and the Buyerhas the obligation of ascertaining the accuracy of allsuch information
The information contained herein is believed to be true but does not constitute a
contract Buyers should verify all information to their own satisfaction Price terms
and conditions are subject to change without notice GST is not included in price
FOR SALE - VACANT HIGHWAY COMMERCIAL SITE
GATEWAY BOULEVARD
10th Floor Edmonton Tower 10111 - 104 Avenue NW Edmonton AB T5J 0J4
Main Phone 780-496-6000 After Hours 311 Outside Edm 780-422-5311
City of Edmonton OWNER-BROKER Real Estate
edmontoncapropertysales Gateway_Listing
Source City of Edmonton Open Data
Source City of Edmonton Open Data
PENDING