LYO

NS CLO

SE

SCHOOL

SITE

FOR SALERED DEER DEVELOPMENT LANDS

2660 - 22 STREET | RED DEER, ALBERTA

4.35 ACRES

Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.

The site is being offered with a LIST PRICE of $2,850,000 ($655,172 per acre).CBRE Limited is the exclusive listing agent for the sites.

Expressions of interest to purchase will be dealt with as-received.

22 STREET

PRICE REDUCED

Both Area ‘A’ and ‘B’ right of ways in place for the mutual use of the Subject Site and existing condo. Developable acreage accounts for this area.

INFORMATION

Municipal Address 2660 - 22 Street NW

Legal Description P: 1821356, B: 18, L: 200

Neighbourhood Lancaster Green

Site Size 4.35 acres (4.12 acres developable)

Zoning R2-Residential(Med Density) District Use

RED DEER DEVELOPMENT LANDS2660 - 22 STREET | RED DEER, ALBERTA

4.35 ACRES

RED DEER DEVELOPMENT LANDS2660 - 22 STREET | RED DEER, ALBERTA

4.35 ACRES

UNDERSTANDING RED DEERThe City of Red Deer is ideally located along Alberta’s busiest transportation route, Queen Elizabeth II Highway. With an average of 47,680 vehicles recorded passing through daily (2016), the highway provides an ease of accessibility to the rest of the province and Canada. Red Deer is centrally located in Western Canada within 150km from the largest cities in Alberta, Calgary and Edmonton, and is within 400 km north of the nearest US border crossing in Carway. Additionally, both the CN and CP railways cross through Red Deer, giving local and surrounding businesses access to customers across Canada and the United States. Red Deer’s advantageous location attracts many businesses and residents to the city.

According to the Federal Census, Red Deer has a population of 106,620 (2017), with growth rate of 10.9% from 2012-2017, making the city the third largest in Alberta and sixth largest in Western Canada. Looking ahead, the City of Red Deer is expected to grow to 115,592 by 2022. With a steadily growing population, the city is well positioned for new development and continued growth to serve its residents and surrounding communities.

RED DEER STATISTICS SOURCE: 2016 FEDERAL CENSUS

EMPLOYMENT BREAKDOWNTotal labour force in the City of Red Deer is 60,278, with highest percentage of occupations stemming from Education, Health and Personal Services (35%), Wholesale & Retail Trade (23%), and Business Services (14%).

SERVICE SECTOR EMPLOYMENTService Sector Employment

Transportation and warehousingInformation and cultural industriesWholsale & Retail TradeFinance, Insurance, and Real EstateBusiness ServicesEducation, Health & Personal ServicesPublic AdminOther

4%1%

23%

8%

14%

35%

8%7%

4% 1%

23%

8%

14%

35%

8%

7%

Service Sector Employment

TRANSPORTATION AND WAREHOUSING

INFORMATION AND CULTURAL INDUSTRIES

WHOLSALE & RETAIL TRADE

FINANCE, INSURANCE, AND REAL ESTATE

BUSINESS SERVICES

EDUCATION, HEALTH & PERSONAL SERVICES

PUBLIC ADMIN

OTHER

Red Deer’s economy comprises of a combination of many industries that provide over 65,000 jobs. The top three employers in the city are Red Deer College, Olymel and The City of Red Deer, each providing around 1,500 jobs each. Almost 50% of the city’s employed are in the services sector while wholesale & retail employ 23% of the workforce.

Known as one of Canada’s most entrepreneurial cities, Red Deer has a 77.6% participation rate, 11.8% higher than the national participation rate of 65.8%, boasting from a highly skilled and educated workforce. Red Deer College has over 7,000 full time students in over 75 academic programs.

According to Urbanics Consultants, Red Deer’s working-age population will nearly double from 66,237 to over 112,000 workers over the next 30 years. Red Deer boasts a strong labour force with over 54 per cent possessing a post secondary certificate, diploma or degree.

MEDIAN INCOME

$85,794 OF ALL RED DEER HOUSEHOLDS

$41,109FOR INDIVIDUALS

2015MEDIANINCOME

100,418RED DEERRESIDENTS15%

COMPARED TO $74,591 IN 2005

INCOMEINCREASE

MEDIAN TOTAL INCOME OF COUPLESCANADA

$87,688 RED DEER

$105,856

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www.cbre.com/edmontonwww.cbre.ca/edmonton

CONTACT

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.

RED DEER DEVELOPMENTS LAND

CODY NELSONAssociate Vice PresidentLand & Development Advisory 1+ 780 229 4689 cody.nelson@cbre.com