leduc business park - cbre...in the north, some of the largest energy service and manufacturing...

39 STREET

75 AVENUE

ALLARD AVENUE

QEII HIGHWAY

FORD

www.cbre.ca/edmonton

FOR SALE

LEDUC BUSINESS PARKAIRPORT ROAD (10 AVENUE) & 43 STREETLeduc, AB

FULLY SERVICED INDUSTRIAL LOTS IN PHASES 5, 7, 8 AND 9

70 AVENUE

39 S

TREE

T

71 AVENUE

42 STREE

T

43 STREE

T

ALLARD AVENUE

RA

NG

E RO

AD

250

75 AVENUE

77 AVENUE

39 S

TREE

T

AIRPORT ROAD

QEII HIGHWAY

FORD

AVAILABLE

CURRENT / PROPOSEDFARM AIR DEVELOPMENT

PHASE 5B Lot # Acres Price/Acre

Block 12 1 1.52 Market








PHASE 7 Lot # Acres Price/Acre

















LOT AVAILABILITY

FOR SALELEDUC BUSINESS PARK

AIRPORT RD & 43 ST Leduc, AB













LEDUC HIGHLIGHTS

LEDUC LABOUR & EMPLOYMENT

Labour Force (2013) 13,980

Employed (2013) 13,240

Unemployed (2013) 740

Unemployment Rate (2013) 4.0%

+ 1 in 14 jobs in Alberta is directly related

to energy

+ 139,000 Albertans are employed in

Alberta’s mining and oil and gas

extraction sectors

+ On average over the next 25 years, oil

sands are forecast by CERI to require

more than 450,000 annual work

positions across Canada

+ CERI estimates capital investments at

$218 billion over the next 25 years

+ Conference board of Canada states

that over the next 5 years, more money

(6.1 billion) will be invested in climate

friendly technology in Alberta than all

other provinces combined

LOCATION FEATURES

+ 1 Minute from the Edmonton

International Airport

+ Minutes away from Nisku Industrial/

Business Park

+ Easy access to major rail and

transportation hubs

+ 15 minutes south of Edmonton

+ 30 minutes to downtown Edmonton

GROWING POPULATION

Leduc’s population is over 27,000, and the city

continues to experience strong growth. The City

experienced a 6.9% increase in population between

2012 and 2013.

TAX ADVANTAGE

No business tax and a low M&E tax.

BUSINESS CLIMATE &EXPANDING BUSINESS OPPORTUNITIES:

Now over 1400 businesses are located in the City of

Leduc. The Leduc Business Park is rapidly growing

with many new businesses locating in this area. The

existing approved development area consists of two

quarter sections (approximately 130 hectares) with

another six quarter sections (approximately 389

hectares) identified for future development approval.

BUSINESSES

As the first and last point of contact for the oil sands

in the North, some of the largest energy service and

manufacturing companies such as Nalco/Exxon

Energy Chemicals Canada Inc., National Oilwell

Varco, Precision Drilling and Imperial Oil benefit

from the region’s strategic location and excellent

infrastructure.



65TH AVE & QEII INTERCHANGE

The proposed interchange, at 65 Avenue and the QEII highway, will connect future trade and transport between the industrial development south of Leduc’s 65 Avenue with the Edmonton International Airport (EIA) and the Edmonton Metro region. The interchange will also reduce congestion on the QEII at both Highway 39 and Airport Road as well as provide an alternate route to the west end of Leduc. Construction of this interchange is not currently on the Three-Year Provincial Construction Program. It will be considered for construction based on provincial priorities and available funding.

In June 2017, Alberta Transportation announced joint funding with the City of Leduc and EIA for the detailed design work of the 65th Avenue and QEII Highway interchange. Detailed engineering design is required to better estimate the total costs and project time lines. Work to select an engineering consultant for the detailed design is underway. The detailed design is expected to take at least two years. This phase of the project addresses specifics required to prepare for construction, including: placement of infrastructure, scoping of land acquisitions, pretender estimating, and design related to bridge structure, abutments, on and off ramps and connector roadway linkages. The Alberta Government, the City of Leduc and the EIA are each contributing $1.2 million for the detailed design work.

PROPOSED65TH AVE & QEII INTERCHANGE



PROPOSED FINAL65TH AVE & QEII INTERCHANGE

INTERIM CONFIGURATION

The first stage will involve The twinning of the existing 50th Street Fly-over bridge with a new 2-lane southbound bridge located to the south of the existing fly-over bridge. The existing fly-over bridge would be converted to northbound operation. This would provide an additional east-west corridor over the QE II connecting the existing 65th Avenue East with the Future 65th Avenue West.

THE ULTIMATE STAGE

A New 65th Avenue Interchange, combined with the Realignment of the QE II Corridor further west, was developed as a later stage within the functional planning study. Travel demand forecasts indicate the 65th Avenue interchange was found to be necessary within a decade after the 50th Street Bridge solution is implemented, assuming significant development of the lands along the 65th Avenue W corridor. The new interchange would provide east-west connectivity, providing additional access to the 65th Avenue West lands. Access to the QE II north bound corridor would be improved and traffic diverted from the QE II/Airport Road and QE II 50th Avenue interchanges.



WIDENING OF AIRPORT ROAD PROJECT OVERVIEWEdmonton International Airport (EIA) is investing $15-million for the Airport Road Upgrade project to smooth flow of traffic at EIA. Passengers will experience immediate benefits, such as improved ride-ability on Airport Road (new sections built, existing ones resurfaced) and preliminary intersection expansion between Airport Road and Airport Perimeter Road. The $15-million improvement project is funded entirely by EIA, and is a reinvestment of non-aeronautical revenue. Airport Improvement Fees (AIF) are not a funding source for this project.

CURRENT WORKBeginning June 6, there will be increased construction activity at the intersection of the QE2 SB exit and Airport Road:

• The direct ramp to the terminal will be closed for four weeks (red line on map)

• Traffic heading towards the airport will have two options: right lane (green) and centre lane (orange)

• Traffic heading towards Leduc/Nisku will have two options: left lane (blue) and centre lane (orange)

ADDITIONAL WORK TO BE COMPLETED DURING 2016 INCLUDES:

• Widening the exit ramp from the QEII southbound from the current two-lane configuration to five lanes and adding a signalized intersection with double left turning lanes to Nisku where the off-ramp meets Airport Road

• Addition of traffic signals to the new intersection of Airport Road and Airport Perimeter Road

• New off-ramp from Airport Road onto the QEII southbound

• New access road from Airport Road to the future site of the Outlet Collection

Source: Edmonton International Airport



EIA RETAIL EXPANSIONConstruction began in spring 2016 on the highly anticipated Premium Outlet Collection – Edmonton International Airport, developed in partnership by Simon and Ivanhoé Cambridge, scheduled to open May 2, 2018. Many of the property’s 100 retail tenants will be making their Alberta debuts.

Ideally located south of Airport Road, directly adjacent to the Queen Elizabeth II Highway, Premium Outlet Collection – Edmonton International Airport will feature 428,000 square feet of retail outlets offering value from over 100 renowned brands. The outlet collection will offer customers a comfortable environment and a new level of shopping experience that caters to all tastes and budgets.

HOW THE PREMIUM OUTLET COLLECTION SUPPORTS EIA’S GROWTH

Edmonton Airports is a not-for-profit corporation and is entirely self-sustaining. As Canada’s largest major airport by land area, Edmonton International Airport’s real estate development efforts provide a unique opportunity to secure future aviation-related use and generate sustainable income to support air service. This development project will create 1,000 jobs for the region, position EIA as a tourist generation, and stimulate further growth on airport lands. EIA is also a key economic driver for the Edmonton region, creating 12,600 jobs, contributing $1.2 billion to the local and regional GDP and generating a total economic output of $2.2 billion.

Source: Edmonton International Airport




LOOKING TO EXPAND OR RELOCATE?NEED RAW LAND TO BUILD ON?WANT TO OWN YOUR OWN BUILDING?

LOOK NO FURTHER THAN LEDUC BUSINESS PARK

Located within the City of Leduc, the Leduc Business Park is approximately 1300 acres in total. Of this land, 160 acres immediately north of 65th Avenue are being developed in stages and are fully serviced and ready to build on.

This development features some of the best roadway geometric designs and construction in the Leduc and Nisku industrial areas. The area offers easy access to the high-load corridor road network and rail transportation. Neighbouring Leduc Business Park directly north is the Nisku Business Park

The Leduc Business Park is strategically located within minutes of the Edmonton International Airport with convenient access to Queen Elizabeth (QEII) Highway via Airport Road. QEII is part of the CANAMEX corridor that runs north to south from Alaska to Mexico City. Directly linking the Pacific and Atlantic regions is the Yellowhead Highway, which links the Port of Prince Rupert to Edmonton and joins the Trans-Canada Highway in Manitoba.

FLEXIBLE LOT SIZESLeduc Business Park offers lot configurations ranging from 1 acre and up. Small to medium size regional businesses are purchasing smaller lot sizes and multi-national companies buying up to 20 acre sites to build campus style consolidation locations; such as Baker Hughes and Enerflex.

The geotechnical qualities of the soil in Leduc Business Park are some of the finest in all of the greater Edmonton area. The land is “Build Ready” - no import or fill is required. Sites are stripped and roughly graded.

ZONING Lots are zoned IL (Light Industrial) and IM (Medium Industrial) allowing for a wide range of industrial and commercial use. IL and IM allow for yard storage and outdoor manufacturing.

SERVICING All lots are fully serviced or are in the process of being fully serviced; electricity, natural gas, sewer, telephone and water are or will be available at the lot line.

LEDUCBUSINESS PARK

Stages 1 to 10

Sold

Pending

Conditions Lifted

Option to Purchase

Current/Proposed Farm Air Development

FOR MORE INFORMATION ON LEDUC BUSINESS PARK PLEASE VISIT WWW.LEDUCBUSINESSPARK.CA

COMPETITIVE ADVANTAGE OFDEVELOPMENT IN LEDUC VS. EDMONTON• Close proximity to the airport.• Lower non residential property taxes than the City of Edmonton.• Lower cost per acre than the City of Edmonton for service land.• More land availability.

Edmonton Leduc County

Year Municipal EducationEducation

Requisition Allowance

Total MunicipalLeduc

FoundationSchool

Requisition Allowance

Total

201716.856 3.834 0.068

20.759 8.060 0.017 3.569 0.013

11.659

201615.544 3.512 0.070

19.126 7.974 0.017 3.229 0.013

11.233

201515.132 3.691 0.030

18.853 8.193 0.018 3.221 0.014

11.446

201414.701 3.268 0.029

17.998 8.335 0.019 3.238 0.015

11.607

201314.557 3.634 0.032

18.224 9.015 0.020 3.147 0.017

12.199

Source: CBRE Research

404550556065707580

0

5

10

15

20

25

20172016201520142013

Non-Residential Property Taxes

Edmonton Leduc County Series3

Mill Rate %

Source: CBRE Research

NON-RESIDENTIAL PROPERTY TAXES




ABOUTTHE CITY OF LEDUCLeduc is located 30 minutes south of Edmonton, the capital city of Alberta. The city offers a unique blend of urban amenities and wide open country park spaces. Leduc’s population has seen consistent growth and is currently at 27,241 people.

Adjacent to the City of Leduc is the Edmonton International Airport, and Nisku Business Park, Canada’s largest energy industrial park. Nisku Business Park is the major hub connecting Alberta’s oil sands to the world. The Park covers more than 8,000 acres and is home to more than 600 companies, 75% of which are doing business globally. It is estimated that 10,000 local workers are employed in the Park.

The Edmonton International Airport, Canada’s fifth busiest, is 5 km to the west. The airport is expected to service ten million passengers by 2020. To accommodate this expected increase in traffic the Airport Authority has embarked on a 1.1 billion dollar expansion including a new runway.

The City of Leduc offers a week day commuter transit service (during morning and afternoon peak hours) which connects Leduc to Edmonton. The system runs to and from the Century Park light rail transit (LRT) station in South Edmonton on Route 590, also called the C-Line; making stops in Nisku and the Edmonton International Airport. 15 Bus stop locations are equipped with WIFI.




CONTACT US

KEVIN HUGHESSenior Vice President+1 780 917 [email protected]

GREGG MAIMANNSenior Vice President+1 780 917 [email protected]

TREVOR SCHMIDTVice President+1 780 917 [email protected]

JORDAN ADAMSAssociate Vice President+1 780 917 [email protected]

DANE LOCKESenior Sales Associate+1 780 917 [email protected]

*(Sub) Tenant / Purchaser is responsible to confirm the electrical service to the premises / building and ensure it is sufficient for their intended use.

This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved.

QEI

I H

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AIRPORT ROAD

LEDUCBUSINESS

PARK

leduc business park - cbre...in the north, some of the largest energy service and manufacturing...

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