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FOR SALE
MULTIFAMILY REDEVELOPMENT SITE
JASPER PARK
Prime Infill Development Site : : 8176/8722/8726/8732 – 150 Street NW, Edmonton, AB
INFILL REDEVELOPMENT OPPORTUNITY
Excellent opportunity to acquire 31,951 SF of prime redevelopment land
Property is ideally situated in proximity to West Edmonton Mall and offers immediate access to Whitemud
Drive, the main east-west freeway in southern Edmonton
Rare opportunity to develop residential units in a highly sought after neighbourhood
SUBJECT
McDonald’s
Lynnwood
Shopping Centre
Redevelopment
Chiropractic
Office
Dental Office
DOMO Gas
Lynnwood Neighbourhood
Shopping Centre
MUNICIPAL ADDRESS 8716/8722/8726/8732-150 STREET NW
LEGAL ADDRESS PLAN 2419KS, BLOCK 8, LOT 4-7
SITE SIZE 31,951 SF
NEIGHBOURHOOD JASPER PARK
CURRENT ZONING SINGLE DETACHED RESIDENTIAL
(RF1)
PENDING ZONE
(APPLICATION
SUBMITTED)
SITE SPECIFIC DEVELOPMENT
CONTROL (DC2)
ASKING PRICE $2,700,000
FOR SALE JASPER PARK REDEVELOPMENT SITE
8176/8722/8726/8732 – 150 Street NW, Edmonton, AB
PROPERTY
SPECIFICATIONS
PROPOSED
CONCEPT
APPLICATION PACKAGE HAS BEEN SENT TO THE CITY OF
EDMONTON TO REPLACE THE EXISTING SINGLE DETACHED
RESIDENTIAL (RF1) ZONE WITH A SITE SPECIFIC
DEVELOPMENT CONTROL PROVISION (DC2).
THE GENERAL PURPOSE IS TO ALLOW FOR THE
DEVELOPMENT OF MEDIUM DENSITY RESIDENTIAL HOUSING
THAT IS DESIGNED IN A MANNER THAT IS COMPATIBLE WITH
ADJACENT LOW DENSITY RESIDENTIAL USES.
PROPOSED
DEVELOPMENT
REGULATIONS
MAXIMUM F.A.R. 2.5
MAXIMUM DENSITY
(APARTMENT HOUSING) 200 UNITS/HA
MAXIMUM DENSITY
(ROW HOUSING) 63 UNITS/HA
MAXIMUM HEIGHT 4-STOREYS (15 METERS)
*FURTHER REZONING APPLICATION DETAILS AVAILABLE UPON REQUEST
OFFERING
GUIDELINES
THE PROPERTY IS BEING OFFERED AT A LIST PRICE OF $2,700,000 ($84.50 PSF).
JONES LANG LASALLE – NATIONAL MULTI-RESIDENTIAL INVESTMENT TEAM (“JLL”) HAS BEEN RETAINED BY
THE VENDOR ON AN EXCLUSIVE BASIS TO ARRANGE FOR THE SALE OF THE JASPER PARK REDEVELOPMENT
SITE.
Paul Gemmel
Executive Vice President
+1 780 328 2559
David Parker
Vice President
+1 780 278 0088
Samuel Dean
Sales Associate
+1 780 328 2560
Jones Lang LaSalle
Suite 1331,10235 - 101 Street
Edmonton, Alberta, T5J 3G1
Phone: +1 780 328 2550
Fax: +1 780 328 5486
PLEASE CONTACT THE UNDERSIGNED FOR MORE INFORMATION.
89 AV
E N
W
150 ST NW
Located adjacent to the exciting Lynnwood Shopping Centre
redevelopment (149 Street and 87 Avenue). The new space
will be occupied by a variety of new and exciting retailers.
The project is expected to start construction in early 2015.
Although information has been obtained from sources deemed reliable, Owner, Jones Lang LaSalle, and/or their representatives, brokers or agents make no guarantees as to the accuracy of the information contained
herein, and offer the Property without express or implied warranties of any kind. The Property may be withdrawn without notice. If the recipient of this information has signed a confidentiality agreement regarding this
matter, this information is subject to the terms of that agreement. ©2014. Jones Lang LaSalle. All rights reserved.
For more information, please contact:
Paul Gemmel
Executive Vice President
+1 780 328 2559
David Parker
Vice President
+1 780 278 0088
Samuel Dean
Sales Associate
+1 780 328 2560
Jones Lang LaSalle
Suite 1331,10235 - 101 Street
Edmonton, Alberta, T5J 3G1
Phone: +1 780 328 2550
Fax: +1 780 328 5486
FOR SALE JASPER PARK REDEVELOPMENT SITE
8176/8722/8726/8732 – 150 Street NW, Edmonton, AB
SUBJECT
WHITEMUD FREEWAY
87 AVE NW
95 AVE NW
STONY PLAIN RD
149 ST
NW
142 ST
NW
156 ST
NW
MEADOWLARK
HEALTH CENTRE
WEST EDMONTON
MALL
170 ST
NW
MISERICORDIA
HOSPITAL
TERRA LOSA
SHOPPING CENTRE
UNIVERSITY OF
ALBERTA
DOWNTOWN
LYNNWOOD SHOPPING CENTRE
REDEVELOPMENT
SAVILLE CENTRE
SAFEWAY
WALMART
FORT EDMONTON
PARK
VALLEY ZOO
