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1
Real Estate and Land Development Business Plan 2012-2014
“We Build Dreams”
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Real Estate and Land Development Business Plan 2012-2014
Table of Contents 1.0 EXECUTIVE SUMMARY ...................................................................................................................... 1
2.0 ACKNOWLEDGEMENTS ..................................................................................................................... 3
3.0 BUSINESS UNIT OVERVIEW ............................................................................................................... 4
3.1 Mission\Vision\Values ...................................................................................................................... 4
3.2 Organizational Chart ......................................................................................................................... 6
3.3 History ............................................................................................................................................... 7
3.4 Accomplishments .............................................................................................................................. 9
3.5 Previously Approved Initiatives and Major Capital Projects ........................................................... 10
4.0 BUSINESS UNIT ANALYSIS ............................................................................................................... 11
4.1 Financial Summary .......................................................................................................................... 11
4.2 Core Business and Service Levels .................................................................................................... 12
4.3 Performance Measures ................................................................................................................... 13
4.4 Key Customers and Stakeholders ................................................................................................... 15
4.5
Environmental Scan
........................................................................................................................
16
4.6 SPOT Analysis .................................................................................................................................. 17
5.0 SUMMARY OF IMPROVEMENT OPPORTUNITIES ............................................................................ 19
APPENDICES
APPENDIX 1: RiverStone
APPENDIX 2: SunRidge
APPENDIX 3: Crossings
APPENDIX
4:
Sherring
Business
&
Industrial
Park
APPENDIX 5: History Map
Context Map
SPOT Matrix
Stakeholder Map
Bold Steps
Cover Story
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Real Estate and Land Development Business Plan 2012-2014
1.0 EXECUTIVE SUMMARY The two major functions of the Real Estate and Land Development Department consist of land
management and land development.
Land management entails acquiring, managing and disposing of the City’s real estate holdings in
support of corporate and community objectives. These functions include:
ensuring the City’s land bank is properly managed until such time it is required for urban
uses,
ensuring the City’s properties are utilized for their highest and best uses, and
ensuring all agreements relating to City lands are current and appropriately administered
Land development is a process which transforms raw land owned by the City into serviced,
developable parcels. The activity related to this process includes planning, marketing and
selling lands for a variety of uses, including, but not limited to residential, industrial,
institutional, recreational and commercial. The developments that the Real Estate and Land
Development Department are actively managing include RiverStone, SunRidge, Crossings and
Sherring Business and Industrial Park.
RiverStone continues
to
be
Lethbridge’s
most
popular
residential
subdivision
development.
In
2011 we will release 49 lots in Phase 14. This will bring the total number of developed lots to
839 since the subdivision started in 2000.
SunRidge, Canada’s first BuiltGreen residential community has seen strong interest for starter
homes and multi‐family lots. To encourage strong environmental stewardship in the home
builder industry, we provide financial incentives to maximize energy efficiency in their homes.
As well, SunRidge is home to the “Living Home” Project, a partnership between the City of
Lethbridge, Lethbridge College and Cedar Ridge Quality Homes, promoting environmentally
sustainable home design. This project was very successful, winning awards from Alberta
Municipal Affairs, Alberta Home Builders Association and SouthGrow Regional Initiative.
Crossings has seen the opening of two high schools, West Side Public Library and 55 acres of
sports fields. These are the key components of the West Lethbridge Core. The market has
shown a strong interest for commercial properties in Crossings. The City will begin marketing
these commercial properties in the spring of 2011.
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Real Estate and Land Development Business Plan 2012-2014
In the Sherring Business and Industrial Park, Phase I, all servicing has been completed to date
and we have a fairly steady absorption rate. The Technology Commercialization Centre (TCC), a
partnership
between
Economic
Development
Lethbridge
and
Iunctus
Inc,
has
started
construction. The TCC will create opportunity for technology related businesses to build from
each other’s synergies.
Looking forward, we have been putting a great deal of effort into working with internal
departments that have identified land requirements in their business plans.
Water reservoirs, road right‐of ‐ways, fire halls, parks and other municipal uses.
Waterbridge, located west of SunRidge, will continue with the principles of environmental
stewardship.
Garry Station, located north of Crossings, will add population to the area to support the
commercial properties in Crossings.
North Lethbridge area featuring the Regional Park scheduled to begin construction in 2014.
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Real Estate and Land Development Business Plan 2012-2014
2.0 ACKNOWLEDGEMENTS The following individuals participated in the preparation of the Business Plan:
1. Michael Kelly – Manager
2. Don Bartel – Project Administrator
3. Jim Matthews – Project Administrator
4. Kel Hansen – Corporate Land Administrator
5. Susan Gouw – Land Sales Assistant
6. Lorna Kurio – Real Estate and Economic Development Customer Liaison
7. Graeme Woods – Facilitator
8. Richard Hildebrand – Facilitator
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Real Estate and Land Development Business Plan 2012-2014
3.0 BUSINESS UNIT OVERVIEW We are in the business to:
Develop land to provide industrial, residential and commercial land opportunities
Current: Sherring Business and Industrial Park, RiverStone and SunRidge
Future: Waterbridge, Garry Station and North Lethbridge Regional Park area
Create revenue to be reinvested into other projects i.e. Crossings
Administer land holdings to create opportunities for the orderly assembly of land for
effective
community
planning
Demonstrate leadership through innovation in support of the Municipal Development Plan
(SunRidge storm water management system that filters storm water before entering the
river valley)
The goals for our land development are:
To achieve a reasonable return on investment measured through earnings and/or value to
the community
To provide a variety of choices such as density, price point, amenities and locations in the
marketplace to
consumers
To develop communities that are attractive and sustainable (economically, socially and
environmentally responsible)
3.1 Mission\Vision\Values Mission:
To provide land management and land development services optimizing economic and public
benefits for the corporation and community.
Vision:
To develop and manage land owned by the City of Lethbridge and to provide real estate
services and opportunities to meet the needs of our stakeholders.
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Real Estate and Land Development Business Plan 2012-2014
Values:
Help meet social, economic and financial community objectives through efforts in land
management.
Support to business – industrial, commercial and residential, to develop and thrive in our
community.
Provide leadership and innovation in meeting land needs of our institutions, recreational
users, social agencies and residents.
Assist to protect natural environmental features through the land banking system and the
land development process.
Support internal
Business
Units
to
meet
their
land
requirements.
Respect the expertise and contribution of team members and recognize the value of
collaborative effort.
Provide timely, accurate information to customers.
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Real Estate and Land Development Business Plan 2012-2014
3.2 Organizational Chart
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Real Estate and Land Development Business Plan 2012-2014
3. 1984 – 1999 – Modern Lethbridge
‐ In
July
1984,
about
95
acres
of
the
CP
Railway
property
was
acquired
by
the
City
for
commercial and residential redevelopment when the rail yards were relocated to Kipp.
It is now home to Park Place Mall, Police Services Building, Save‐On Foods complex and
Crowsnest Trail.
‐ The beginning of urbanization and commercial development in south Lethbridge after
1984 is a significant milestone. An important event in the development of south
Lethbridge occurred when commercial development at the site of the old drive‐in went
ahead instead of putting in an interchange for Highways 4 and 5.
‐ Significant residential land development subdivisions were undertaken by the City in
Stafford Manor
in
north
Lethbridge
and
RiverStone
in
west
Lethbridge.
‐ Additional high‐priority properties were acquired in the river valley during this period,
including Cottonwood Park and the Rothe and Mckenzie properties.
4. Y2K and Beyond
‐ Since 2000 significant property acquisitions have been made to support major
transportation projects such as North Scenic Drive, Mayor Magrath Drive and Chinook
Trail.
‐ Significant expansion of the industrial park saw the completion of Shackelford Phase II
(2003) and
the
development
the
Sherring
Business
and
Industrial
Park
(2005).
‐ The City promoted environmental stewardship in residential development in 2005 when
it opened SunRidge – Canada’s first BuiltGreen development. The City again partnered
with the private sector in the development of the Copperwood subdivision in west
Lethbridge.
‐ West Lethbridge Phase II – the West Lethbridge Core started up in 2006. This
subdivision, known as Crossings, will act as the service hub for west Lethbridge. In 2010,
Crossings saw the opening of two new high schools and the west branch of the Public
Library. The area will soon feature a new twin ice arena as well as opportunity for
commercial and residential development.
‐ In 2009 the City assembled and serviced land at the end of Temple Blvd. in west
Lethbridge to support Affordable Housing options partnering with Habitat for Humanity
and the Lethbridge Housing Authority.
‐ The future sees the planning for two new residential developments in west Lethbridge
named Garry Station and Waterbridge. The City will also be planning a neighbourhood in
north Lethbridge that will feature the North Regional Park.
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Real Estate and Land Development Business Plan 2012-2014
3.4 Accomplishments Partnership Award – Alberta Municipal Affairs – 2009
Award of Merit – Alberta Home Builders Association – 2009
Excellence in Innovation – SouthGrow Regional Initiative – 2009
Land Assembly to support extension of 3 Avenue North form 24 Street North to Mayor
Magrath Drive North (C15, 2008 – 2017 CIP)
Implemented Innovation Zone into the Crossings
Implemented
secondary
suite
program
into
SunRidge
Completion of storm water management facility in SunRidge. This facility will help screen
fertilizers and pesticides before the storm water is released to the river valley
Installation of solar lighting for pathway system in SunRidge
o Incorporate LED street lighting in SunRidge
o Complete infrastructure construction in Crossings subdivision to support two new high
schools and Public Library
o Acquisition of land to support road right‐of ‐way for Chinook Trail West, Garry Drive
West and Métis Trail West
o City Council approves revised Land Acquisitions and Sales Policies – 2010
o Innovative storm water management and wind energy aeration program in Sherring
Business and Industrial Park
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Real Estate and Land Development Business Plan 2012-2014
3.5 Previously Approved Initiatives and Major Capital Projects NAME PURPPOSE OF PROJECT
Twin Ice Arena ‐ location Public Use
Purchase key downtown site – land assembly Site for Community Arts and Performing Arts
Activities
New Fire Hall site – land assembly Civic Use
New Cemetery site ‐ location Public Use
Student Housing project for University of
Lethbridge and
Lethbridge
College
Affordable Housing
Temple Blvd. – Habitat for Humanity Affordable Housing
Native Women’s Transitional Home Affordable Housing
Crossings Lethbridge Community Core/Innovation Zone
Sherring Business and Industrial Park Industrial Economic Development Tool
RiverStone Urban Development
SunRidge Innovative Urban Development
Technology Commercialization Centre Community Benefit
Living Home Demonstrate Green Innovation in SunRidge Family
Housing
Southgate water reservoir and storm pond Municipal Infrastructure
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Real Estate and Land Development Business Plan 2012-2014
4.0 BUSINESS UNIT ANALYSIS 4.1 Financial Summary
2007 2008 2009 2011 2008-201
Actual Budget Budget Budget Change
321,540 442,200 347,377 473,334 31,1
34,158 11,700 35,000 35,000 23,3
355,698 453,900 382,377 508,334 54,4
1,200,517 1,132,300 1,120,010 1,109,200 (23,10
579,128 38,100 173,100 173,100 135,0
339,448 351,000 567,200 606,600 255,6
12,302 10,000 13,500 13,500 3,5
14,509 33,500 39,500 39,500 6,0
(539,376) 4,600 (17,100) (17,100) (21,70
(1,929,755) (1,838,800) (2,305,137) (2,191,244) (352,44
543 400 0 0 (40
678,377 722,800 791,304 774,778 51,9
355,693 453,900 382,377 508,334 54,4
(5) 0 0 0
Governance & Communi ty Development
Real Estate and Land DevelopmentBudget Summary
201 0
BudgetRevenues
Recovery from Capital Projects 453,772
Sales of Goods & Services 35,000
488,772
Expenses
Debt Payments 1,109,100
General Services 173,100
Interdepartmental Transfers 717,300
Materials & Supplies 13,500
Other Personnel 39,500
Reserve Transfers (17,100)
Transfers to Capital (2,288,593)
Utilities 0
Wages & Benefits 741,965
488,772
Total Real Estate and Land 0
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Real Estate and Land Development Business Plan 2012-2014
4.2 Core Business and Service Levels Real Estate and Land Development – Core Business & Service Levels
Core Services ‐ Land Administration
Description of Service: Service Levels:
‐ to provide property management
services
‐ manage land bank and real estate
inventory
‐ administer
land
transactions
‐ effective management of property i.e. costs, revenue,
safety, appropriate aesthetics
‐ annual review of CIP needs
‐ timely processing of transactions
Core Services – Land Development
Description of Service: Service Levels:
‐ to achieve a reasonable return on
investment through earnings and/or
value to the community
‐ develop land to provide industrial,
residential and commercial land
opportunities
‐ maintain appropriate lot inventory to satisfy demand i.e.
industrial, commercial, residential, multi‐family, public
building
‐ provide opportunity for the community’s needs not met by
private sector developers
i.e. industrial and community projects
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Real Estate and Land Development Business Plan 2012-2014
4.3 Performance Measures RiverStone Lot Activity
Phase
# of Lots
Developed # of Lots Sold
# of Lots
Permitted
2000 1 59 59 59
2001 2 115 115 115
2002 3 44 44 44
2003 4 & 5 115 115 115
2004 6 & 7 95 95 95
2005 8 87 87 87
2006 9 70 70 69
2007 10 57 57 55
2008 12 40 40 33
2009 15 43 41 27
2010 13 65 65 25
Total 790 788 724
SunRidge Lot Activity
Phase
# of Lots
Developed # of Lots Sold
# of Lots
Permitted
2005
2
93
93
92
2006 1A 57 57 54
2007 1B 59 59 51
2008/09 3A 99 99 96
2010 3C 32 24 11
Total 340 332 304
Houses in SunRidge
Built‐Green Rating Results
Platinum Gold Silver Bronze Total
14 188 8 5 215
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Real Estate and Land Development Business Plan 2012-2014
Significant industrial sales: 2003 – Vanee Farm Centre, Aggregate Investment Corp (Asphalt Plant) 2004 – High Noon Investments (Sunrise Poultry) 2006 – First Pro Developments (Walmart North) 2008 – Triple M Housing, GEA Rainey Canada Corp.
0.0%
20.0%
40.0%
60.0%
80.0%
100.0%
Residential Lot Market Share
Other Developers City Developments
1 2 .
2 1 9 .
9
2 3 .
4
7 .
5 1 4 .
9
1 1 .
1
4 6 .
2
4 2 .
2
2 7 .
4 3 4 .
5
0 .
0
3 8 .
4
0 .
6 3 .
1
0.0
10.0
20.0
30.0
40.0
50.0
1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Industrial Acres Sold 1997 to 2010
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Real Estate and Land Development Business Plan 2012-2014
4.4
Key Customers
and
Stakeholders
Key Customers/Stakeholders Summary of Perceived Needs or Expectations
City Council ‐ to be accountable to the citizens
Senior Management Team ‐ to collaborate the directions and needs of the
citizens
Direct Customers
Residential and Non‐residential
Commercial/Industrial Buyers/Leasers
Farm Leaser
‐ access to concise, timely information
‐ access to real estate opportunities
City of Lethbridge
Infrastructure
Facilities
Parks
Planning & Development Services
‐ good
communication
‐ able to plan ahead
‐ understand their perspective
‐ establish roles, responsibilities, expectations
Suppliers
Internal Departments
o IT, Solicitors Office, Finance
‐ clear expectations
‐ fair business practices
‐ timely payment
Businesses
o Consultants, Engineers, Architects
‐ opportunity to compete for our business
‐ timely payment
‐ clear and concise scoping of assignments
Agencies
o Real Estate Agencies, Home Builder
Groups, Regulatory Agencies
‐ access to timely, concise information
Alliances
o Habitat for Humanity, EDL,
Lethbridge Housing, Daytona Land,
Lethbridge College, UDI, University
of Lethbridge, Lethbridge Home
Builders
‐ understand their perspective
‐ establish roles, responsibilities and expectations
‐ awareness and willingness to assist community goals
Staff ‐ support ongoing personal development
‐ keep informed
‐ respect
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Real Estate and Land Development Business Plan 2012-2014
4.5 Environmental Scan MARKET TRENDS: Change in interest rates
Cost of development
Variety of housing options – market demand
Variety of land options
Corporate land requirements as outlined in the CIP
POLITICAL FACTORS: New City Council every three years
Council supports the provision of industrial land
Municipal Development Plan
Public scrutiny of land transactions
ECONOMIC
CLIMATE:
City continues to have stable growth
Interest rates, Canadian dollar
Oil prices
CUSTOMER NEEDS: Information
Fair and equitable timely opportunities
UNCERTAINTIES: Changes to Federal/Provincial transfers, i.e. affordable housing alliances
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Real Estate and Land Development Business Plan 2012-2014
4.6 SPOT Analysis
OTHER FACTORS:
(Technology, Facilities, Etc.)
Website
JD Edwards
City of Lethbridge Policies
Land Use Bylaw
Legislation
Building Code
Infrastructure services standards and specifications
STRENGTHS: Internal and external relationships
Council support
Experienced and knowledgeable staff
Customer service
Land bank program
Ability to influence
Ability to think big
Non‐tax supported revenue generator
Document management
Policies and procedures
Attention to detail
PROBLEMS: Comprehensive marketing program
Complexity of land transactions
Complex and
cumbersome
multi
‐departmental
road
plan
and
closure
process
Complex and cumbersome multi‐departmental shallow utility installation
process
Complex land inventory system; coordination of multiple databases: Tempest, GIS, JD Edwards and Excel
Infrastructure service standards and specifications
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Real Estate and Land Development Business Plan 2012-2014
OPPORTUNITIES: Create positive change in the fabric of the community
Develop partnerships
for
economic
and/or
public
benefit
Create communities utilizing sustainability principles that include economic, environmental and social attributes
Streamline processes while adhering to approval requirements
THREATS: Loss of corporate knowledge through staff turnover
Downturn of the economy
Geotechnical risks
Changing regulatory requirements (storm water management)
Rapid upturn in the economy (cost escalations, too busy, supply/demand)
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Real Estate and Land Development Business Plan 2012-2014
5.0 SUMMARY OF IMPROVEMENT OPPORTUNITIES Real Estate & Land Development ‐ 6 Bold Steps
Bold Steps Primary/Secondary Objectives
1. Land Bank Strategy to support municipal requirements as identified in the CIP
Review current CIP needs with internal stakeholders
Develop a timetable for acquisition of properties to
support CIP
2. Seamless inventory management system
that meets the needs of various stakeholders within the corporation
Currently the City manages four separate land
inventory systems that require a great deal of effort to
coordinate
Review needs
of
stakeholders
Investigate existing systems for solution
3. Improve information for customers Marketing and sales strategy
4. Preparation of sales strategy of commercial components in The Crossings
Market analysis
Edit master plan and development guidelines
Valuation
Confirm with Council
Request for Proposal
Recommendation to City Council
Close
5. Planning Area Structure Plan ‐ Waterbridge
Outline Plan ‐ North Regional Park
Outline Plan ‐ Garry Station
Leisure Campus ‐ West Lethbridge
Joint Storm Water Plan ‐ RiverStone / University of Lethbridge
6. Proforma Budgets Timely completion of proforma budgets on an annual basis
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Real Estate and Land Development Business Plan 2012-2014
APPENDIX 1 RIVERSTONE
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Phase
# of
Lots
# of
Permits
Completion
Date
1 59 59 2000
2 115 115 2001
3 44 44 2002
4 61 61 2003
5 54 54 2003
6 67 67 2004
7 28 28 2004
8 87 87 2005
9 70 69 2006
10 57 55 2007
12 40 33 2008
15 43 27 2009
13 65 25 2010
Total 790 724
Developed Phases
Phase
# of Lots
(estimated)
Completion
Date
(estimated)
14 43 2011
16 56 2012
20 49 2013
11 49 2013
17 52 2014
21 49 2015
18 77 2016
19 34 2017
22 52 2018
Total 461
Future Phases
Appendix 1
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Real Estate and Land Development Business Plan 2012-2014
APPENDIX 2
SUNRIDGE
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Phase
# of
Lots
# of
Permits
Completion
Date
2 93 92 2005
1A 57 54 2006
1B 59 51 2007
3A 99 96 2008
3C 32 11 2010
340 304
Phase
(future)
# of
Lots
# of
Permits
Completion
Date
3D 65 n/a 2011
Platinum Gold Silver Bronze
14 188 8 5
Development and Timing
Built-Green Rating
Appendix 2
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Real Estate and Land Development Business Plan 2012-2014
APPENDIX 3
CROSSINGS
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Appendix 3
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Real Estate and Land Development Business Plan 2012-2014
APPENDIX 4
SHERRING BUSINESS & INDUSTRIAL PARK
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Appendix 4
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Real Estate and Land Development Business Plan 2012-2014
APPENDIX 5
HISTORY MAP
CONTEXT MAP
SPOT MATRIX
STAKEHOLDER MAP
BOLD STEPS
COVER STORY
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© 1996-2009
HISTORY OF Real Estate And Land Development
KEY
GOALS/RESULTS
PROJECTS/STRATEGIES
KEY EVENTS
PRODUCTS/SERVICES/SITES
PEOPLE
DATELINE
IN THEBEGINNING…
Industrial LandDevelopment asan EconomicDevelopment t ool
University of Lethbridge
RiverStone
ResidentialProjects:
1890 1970 1984 2002 2006 20102000 2004 2008
• 1St Avenue South Land Assembly
• Varsity Village
• Indian Battle Heights• Mountain Heights
• Ridgewood
•Tudor
Extension
• RiverStone
•Stafford Manor
• Mountain Heights
Extension
• SunRidge
SunRidge
Temple Blvd – Habitat for Humanit
1994 - 1995-0 Staff
1996 – 2 Staff
1997 – Plus 1
2000 – 4 Staff
Crossings
Copperwood
Gary Station
North Regional Park
Waterbridge 201
Legacy Ridge Commercial
Downtown
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© 1996-2009
CUSTOMER NEEDS
• Information
• Change to Federal /
Provincial Transfer
UNCERTAINT
• Fair andequitable timely
opportunities
• Website
• J D Edwards
• City Continues to have
stable growth• New City Council / 3 years
• Council Supports the Provision of
Industrial Land
• Municipal Development Plan
• Public Scrutiny of Land Transactions
• CIP
POLITICALFACTORS
ECONOMIC CLIMATE
CONTEXT MAP : Real Estate And Land Developm ent
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© 1996-2009
SPOT MATRIX –Real Estate and Land Development
STRENGTHS OPPORTUNITIES
PROBLEMS THREATS
C U R R E N T / I N T E R N A L
+ Strong Relationships
Internal and External
+ Council Support
+ Experienced &
Knowledgeable Staff
+ Strong Customer Service
+ Land Bank
– Current Staff Vacancies
– Road Plan & Road
Closure Process
– Many new players – who
has ownership of
processes
+ Ability to Influence
+ Ability to Think Big
+ Revenue Generator
Not tax supported
+ Strong Document
Management
+ Strong Policies and
Procedures - attention to
detail
– Shallow Utility Installation
– Scheduling and cost
control
– Lack of Marketing
– Timely Processing of
Land Transactions
OPPORTUNITY
Ability to create a
positive change
in the community
landscaping
OPPORTUNITY OPPORTUNITY
Partnerships
OPPORTUNITY
Set standards
for future
developments
OPPORTUNITY
Work more closely
with home builders
and city land
owners
Staff Turnover
Downturn in Economy
Geotechnical (Risk)
Storm Water
Management
Rapid Upturn in
Economy
(Cost Escalation, Too
Busy, Supply / Deman
Changing Regulatory
Requirements
RE: High Intensity
Residential Fire
(HIRF) Code
Streamline
porcesses
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© 1996-2009
CURRENT
NETWORK
OTHER CONSTITUENTS
• General Public
Residential / non-residential
• Farm Lessee
• Home Builders• City Council
and Leaders
Michael,Jim,
Don, Kel
Susan, Lorna
DIRECT CUSTOMERS
BOARDS
STAFF
SUPPLIERS
ALLIANCES
STAKEHOLDER MAP – Real Estate and Land Development
• Commercial / Industrial Buyers /Lessee
• City Departments
Infrastructure
Facilities
Parks
• Community At Large
• Consultants
Engineers / Architects
• Contractors• Finance Dept
• Appraisors
• Real Estate Agencies
• Home Builders Group
• Solicitor
• IT
• Lethbridge Housing
• Native Women'sTransition Home
• Joint Venture – Daytona Land
• Habitat for Humanity
• Economic DevelopmentLethbrudge
• Urban DevelopmentInstitute
• University of Lethbridge
• Lethbridge College
• Lethbridge HomeBuilders Association
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© 1996-2009
SIX BOLD STEPS
BOLD STEPS
Land bank strategy to support municipal requirements as identified in the CIP
VALUES
Develop
attractive
and
sustainable
communities
Seamless inventory management system that meets the needs of various stakeholders within the corporation
Improve information for customers
Preparation of sales strategy of commercial components
in the Crossings
Planning new developments
Effective
administration
of land
holdings
Innovation Timely and
accurate
information to
customersOptimize
economic
and
public
benefit
Develop land
to provide
industrial,
residential and
commercial
opportunities
VISION
To develop and manage land owned
by the City of Lethbridge and to
provide real estate services and
opportunities to meet the needs of our
shareholders
City Council
Help meet social, economic and financial
community objectives through efforts in land
management
Support to business – industrial, commercial and
residential, to develop and thrive in our community
Provide timely, accurate information to customers
• Support internal business units to mee
their land requirements
• Respect the expertise & contributions
team members and recognize the valu
collaborative effort
• Provide leadership and innovation in meeting land
needs of our institutions, recreational users, social
agencies and residents
• Assist to protect natural environmental features
through the land banking system and the land
development process
Proforma budget
Senior administration
Staff
conomic Development Lethbridge
Home builders
Contractors
Comprehensive
marketing program
Complexity of land transactions
Complex and cumbersome mu
departmental shallow utilityinstallation and road plan and c
processes
Complex land inventory sys
coordination of multiple data
Tempest, JDE, GIS, EXCEL
Infrastructure services
standards and specificat
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© 1996-2009
COVER STORY VISION- Real Estate and Land Developm ent-RELD
• Future Growth of the Crossings
• Future partnerships
• Waterbridge
• North Regional Park
“Congrats to RELD on its architectural innovation & d
in Crossings residential community.” President,
Lethbridge Home Builders Association
“We Build Dreams”
BRAINSTORMS QUOTES
BIG HEADL INES SIDEBARS
Awards Night 2015
• Buddist Monk in Lethbridge to
bless redevelopment in China
Town
• New Database mapping
system unveiled
• Last chance to buy prime
coulee view lots in RiverStone
• Twin Ice Centre to host 2015Canadian National Figure
Skating Championships
• Show Homes are now open for
public viewing in Crossings
• RELD completes Canada’s first
BuiltGreen Community. WinsFCM Award
• First A380 lands at the StubbRoss International Airport to
celebrate transfer of ownershipto the City of Lethbridge
• Hotel/casino opens in
Crossings
• “If you build it they will come”
North Regional Park opens
• RELD sells out of Sherring
Phase I. Phase II is now
available for sale
• Grand opening of new Grocery
store - anchors commercialdevelopment in Crossings
• RELD completes acquisition of
land requirements to support
2014-2024 CIP
• Land Department attracts major industrial user providing 400 new
jobs in the city
(insert clip art or
other image)
(insert clip art or
other image)
Winner of the SustainableCommunity Awards
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