Cochrane Lake Hamlet
Cochrane Lake West, Cochrane, AB, T4C 2A8, CA
A$28,688,000 | 47.78 ha
Jones Lang LaSalle Real Estate Services, Inc. ("JLL" and/or the "Advisor") is pleased to offer for sale a 100% freehold interest in 10211 - 121 Street NW (the "Jameson Development Lands" or "Site") a 18,061 square foot ("SF"), transit-oriented, highrise development site. The Site has undergone excavation and shoring, providing an incoming purchaser an opportunity to immediately resume construction.
Existing approved development plans for the Site permit a scalable, mixed-use project, known as The Jameson, which features a distinct 22-storey tower. The contemplated development comprises of approximately 150,001 SF of gross floor area ("GFA"), including 185 residential suites, along with 2,200 SF of main floor commercial and 2,600 SF of building amenities.
The Site is ideally situated in a highly desirable residential node directly west of Downtown Edmonton. The area is a pedestrian-friendly, mixed-use community with a wide array of amenities, including several retail options and parks. The Site presents an excellent opportunity for a developer to acquire a high-density development in one of Edmonton's best infill locations.