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KEY FEATURES
> Construction is approximately 75% complete
> 24 total units with commercial space on the main floor
> Steel construction
> Site Area: 9,100 Square Feet
> Centrally located in Fort McMurray near recreation facilities and downtown businesses
> 16 two bedrooms (693 - 715 SF) 8 one bedrooms (460 - 474 SF)
> 1,000 SF of main floor commercial
> 16 underground parking stalls and 8 surface
> Price: Unpriced
FORT MCMURRAY PROJECTRECEIVERSHIP SALE
Fort McMurray ProjectReceivership Sale
10008 Fraser Avenue
COLLIERS MACAULAY NICOLLS INC.2210 Manulife Place, 10180 - 101 StEdmonton, AB T5J 3S4780 420 1585www.collierscanada.com
AMIT GROVER780 969 [email protected]
JANDIP DEOL780 969 [email protected]
BRANDON IMADA780 969 [email protected]
BRITTANY OSTAPCHUK780 917 [email protected]
OVERVIEW
PETER POND MALL
BOREALIS PARK
MACDONALD ISLAND PARK
KEYANO COLLEGENORTHERN LIGHTS REGIONAL HEALTH
CENTRE
SITE
KEYANO COLLEGE
SITE
9
53
4
21
10
6
12 1311
148
7
153
32
1
1. Boston Pizza
2. Podollan Pub
3. Wood Buffalo Brewing Company
4. Earls Kitchen + Bar
5. A&W
6. The Keg
7. 7-Eleven
8. Subway
9. Tim Hortons
10. Montana’s BBQ & Bar
11. Peter Pond Mall
12. Real Canadian Superstore
13. Safeway
14. McDonald’s
15. Freshii
Food, Drink & Grocery1. Northern Lights Regional
Health Centre
2. Shoppers Drug Mart
3. Arokaya Healing Wellness Centre
Wellness1. McDonald Island Park
2. Landmark Cinema
3. Boomtown Casino
Parks & Recreation
2
1
PROJECT OVERVIEW
> Recent uptick in oil prices have provided more confidence in residential investment product
> Project offers flexibility to pivot use to meet current demand in Fort McMurray at a fraction of the original cost to build
> BOR1 (Borealis District) Land use zoning allow for a variety of uses
> Centrally located in the government region of Fort McMurray
> Easy access to public transportation
> Numerous parks and amenities surround the site
OVERVIEW
FORT MCMURRAY LOWER TOWNSITE:
Fort McMurray’s Lower Townsite (LTS) is the historic center of town and the location of municipal and provincial government offices. The neighbourhood is bounded by the Athabasca River on the west, the Clearwater River on the east and the Hangingstone River on the south. Memorial Drive and a natural escarpment close out the boundary between the Hangingstone and the Athabasca rivers. Proximity to an extensive river system provides unparalleled access to nature, but also places the property within the 100 year floodplain. In 2007 the LTS comprised approximately 18% of the urban population. The 2015 census reported about 15% (11,703 residents) of the urban population lived in the LTS. In 2009, the Lower Townsite Area Redevelopment Plan (ARP) was approved by municipal council. The ARP provided a comprehensive plan and development strategy to guide development in the area through to 2030, with specific attention to sustainability, intensification, land use integration, transportation and connectivity, infrastructure and servicing, and flood abatement. The plan was subsequently determined to be too ambitious for the community and zoning overlays prevail today, which impacts new development.
COLLIERS MACAULAY NICOLLS INC.2210 Manulife Place, 10180 - 101 StEdmonton, AB T5J 3S4780 420 1585www.collierscanada.com
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2017. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Edmonton). *Personal Real Estate Corporation.
CONTACT US
AMIT GROVER VICE PRESIDENT780 969 [email protected]
JANDIP DEOL ASSOCIATE VICE PRESIDENT780 969 [email protected]
BRITTANY OSTAPCHUKCLIENT PROJECT SPECIALIST780 917 [email protected]
NT/09/2017
Permitted Uses:ZoningLegal Address
Residential
Retail Commercial
Office Commercial
Tourism Commercial
Site Area: 9,100 Square Feet
Zoning: BOR1 (Borealis District)
Current Income: None (property is incomplete and vacant)
Tax Assessed Value: $2,540,000
BRANDON IMADAASSOCIATE780 969 [email protected]
