Descripción del activo
JLL Capital Markets, Calgary (“JLL” and/or the “Advisor”) has been exclusively retained by the Court of King’s Bench of Alberta as the Court appointed listing agent for the sale of Symons Valley Ranch Development Land (the “Site”), located at 14555 Symons Valley Road NW, Calgary, Alberta.
The opportunity is under the Glacier Ridge Area Structure Plan—a primary growth corridor located in the northwestern boundary of the City of Calgary. The Site has an approved land use designation to permit a range between 2.0 and 3.0 Floor Area Ratio, allowing for a variety of much needed housing, and additional complimentary retail and amenities.
Available for purchase is a strategically positioned parcel of land that has incredible development potential, given its approved land use and having contiguity to active land development and the infrastructure upgrades of 144 Avenue NW. Moreover, this parcel benefits from having spectacular natural features such as high point vistas, offering tremendous views of Symons Valley, Nose Creek and northwest Calgary.
The Site is being offered for sale at a reduced asking price of $23,500,000 on an “as-is, where-is” basis. For all inquiries, please reach out to the Advisors.
Aspectos destacados de la inversión
Development Potential: The Site is located in the community of Symons Valley Ranch, under the Glacier Ridge Area Structure Plan. The Site is earmarked as a Community Activity Centre (CAC), which is to provide convenient locations for a range of higher density housing types, local employment, and retail services to the community.
Direct Exposure: The Site occupies 30.63 acres of corner lot position, offering excellent exposure along Symons Valley Road and 144 Avenue NW. The Site is located directly north of the community of Sage Hill and adjacent to the West Nose Creek valley.
Easy Accessibility: The Site has excellent access to major arterial roadways such as Stoney Trail NW and Symons Valley Road NW. There are also multiple bus stations located along Sage Hill Drive SW, a short walking distance south of the Site.
Retail Amenities Nearby: The Site is a short drive away from an abundance of retail amenities including FreshCo, State and Main, Dollarama, Loblaws, Liquor Depot, London Drugs, Shoppers Drug Mart, Anytime Fitness, T&T, and Co-op.
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