CALGARY’S COMMUNITY. MINDFULLY MADE.
THE FUTURE OF URBAN RETAIL
IN NORTHWEST CALGARY
CONTACT:
Rob Walker Colliers International Senior Vice President & Partner 403-298-0422
[email protected] www.colliers.com/calgary
Erin Wallace West Campus Development Trust Director of Real Estate 587-747-5289
[email protected] www.myuniversitydistrict.ca
4 acre central park is the open space heart and gem of the community. The park is framed with mixed-use landmark buildings that accentuate the views and animate the area surrounding the park and plaza.
CALGARY’S COMMUNITY. MINDFULLY MADE.
8.74 MILLION TOTAL SQUARE FEET
245,000
RETAIL SQUARE FEET
University District is a comprehensive, 184-acre master-planned community located in northwest Calgary. The neighbourhood plan applies the best ideas in urban design, intelligently adapted to our local urban fabric. The University District sits in one of the city’s high density employment areas outside of downtown, in an area that is currently underserviced by retail. Upon full buildout, University District will add over 6,000 homes and a population of 15,000 people and jobs. The community will provide a wide selection of new community amenities including grocery, pharmacy, daycare, restaurants, retailers, professional and personal service providers. Residents of the University District will be able to fulfill everyday shopping needs within a short walking distance of their homes and the community which will create a new vibrant retail node for the surrounding communities.
7 MILLION
RESIDENTIAL SQUARE FEET
This premiere retail experience, combined with diverse housing choices, class A office space, hotel and 40 acres of natural green space and trails, make this community the source for Calgary’s most connected and complete urban lifestyle.
1.5 MILLION
OFFICE SQUARE FEET
*APPROXIMATE SQUARE FOOTAGE.
1
LOCATION
BRIGHT URBAN VITALITY Close to Calgary’s downtown core University District is in one of northwest Calgary’s most desirable locations – the 184 acres of inner city land bounded by TransCanada Hwy, Shaganappi Trail, 32nd Ave, and University of Calgary main campus. With direct access to key traffic arteries, and some of Calgary’s finest communities within easy walking distance, University District is the ideal spot for a new urban experience – and the perfect location for a thriving new node of smart retail and services.
T RA
IL
NE
PPI
NW
ANA HAG
Stoney Trail
Cr ow ch
ild
BANFF
90 Minutes
Deerfoot Trail
Tra il
S
N CALGARY INTERNATIONAL AIRPORT
20 Minutes
WE
16 Ave (TransCanada Hwy)
UNIVERSITY DISTRICT CITY CENTRE
10 Minutes Glen
mor e Tra
Macleod Trail
il
SE
SW 22x Hwy
2
PU
SB
LV D
Stoney Trail
Memorial Drive
ST CA M
TRANSCANADA HWY (16TH AVENUE)
AMENITIES & ACCESSIBILITY
DALHOUSIE
VARSITY
CALGARY INTERNATIONAL AIRPORT 20 Minutes
BRENTWOOD Brentwood LRT
MARKET MALL
18,000 TRAFFIC COUNT 83,000 TRAFFIC COUNT
32ND AVENUE
OUTDOOR CENTRE
DEVELOPMENT SITE NEW ENTRANCE VIA SHAGANAPPI TRAIL
T RA I L
RS IT Y
DR
IG
( 16T AY HW
H AVENUE)
IVE
SHAGANAPPI TRAIL
EXISTING FACILITIES AND AMENITIES WITHIN 3 KM OF DEVELOPMENT
ILD
FOOTHILLS ATHLETIC CENTRE
IVE
UNIVERSITY HEIGHTS
H ADA TRANSCAN
EDWORTHY PARK
SECONDARY TRAFFIC ROADS
BANFF TRAIL
CH OW
ALBERTA CHILDREN’S HOSPITAL
23,000 TRAFFIC COUNT
MAJOR TRAFFIC ROADS
CR
24TH AVENUE UN
BANFF 90 Minutes
University LRT
OLYMPIC OVAL
2016 Construction Completion
MONTGOMERY
UOFC MAIN CAMPUS
The community promotes green methods of transportation and by design will remain convenient for customers who visit by car. The site is accessible from the TransCanada Highway, Shaganappi Trail, 32nd Ave, and 24th Ave. A 15 minute walk to the University LRT station and in close proximity to Brentwood and Banff Trail LRT stations. There are currently 3 bus stops located on the site with 2 more stops expected to be added in the future.
MCMAHON STADIUM
Banff Trail LRT
18,000 TRAFFIC COUNT
TRANSPORTATION 3 LRT Stations 4 Bus Routes Retail-Friendly Transit Strategy
ST. ANDREWS HEIGHTS
40,000 TRAFFIC COUNT
FOOTHILLS MEDICAL CENTRE
WEST HILLHURST
EXISTING BUS STOPS FUTURE BUS STOPS
PARKDALE
SIGNALIZED ALL TURNS ACCESS SIGNALIZED 3 WAY ACCESS ACCESS (EXIT OFF OF 16TH AVENUE)
UNIVERSITY OF CALGARY MAIN CAMPUS 5,000 faculty & staff 31,000 students 10,000 continuing education students
DOWNTOWN 10 Minutes
MARKET MALL Regional shopping centre 940,000 GFA FOOTHILLS MEDICAL CENTRE 15,000 employees 1,800 physicians 1,000 volunteers 700,000 outpatient visits per year
ALBERTA CHILDREN’S HOSPITAL 1,300 employees 360,000 outpatient visits per year FOOTHILLS ATHLETIC CENTRE Ultimate frisbee, soccer, tennis, little league baseball, track and field, rinks, volleyball, aquatics MCMAHON STADIUM 37,000 seats OLYMPIC OVAL ‘The Fastest Ice on Earth’ 2,000 seat ice rink UNIVERSITY OUTDOOR CENTRE The largest centre of its kind in North America: 30 unique activities and skills 20,000 clients
Numbers – 2013 average daily weekday traffic volume. Source: City of Calgary.
3
TRADE AREA POPULATION PROJECTIONS Within 1 km
Within 3 km
Within 5 km
2015 estimates
1,807
22,627
65,699
2020 estimates
4,457*
27,802*
74,748*
2025 estimates
7,150**
33,226**
83,167**
TRADE AREA – North
*estimates 2,500 University District Residents **estimates 5,000 University District Residents
CALGARY INTERNATIONAL AIRPORT 20 Minutes
DALHOUSIE
POPULATION: 10,000 AVERAGE HOUSEHOLD INCOME: $124,138
2015 DAYTIME POPULATION AT WORK Within 1 km
Within 3 km
Within 5 km
4,213
51,711
155,931
DRIVE TIME: 5 min
BRENTWOOD
UNIVERSITY DISTRICT
VARSITY
POPULATION: 15,000 PROJECTED AVERAGE HOUSEHOLD INCOME: $104,513
BANFF 90 Minutes
TRADE AREA DEMOGRAPHICS 2014 Population
25,427
2014 Average Income
$126,686
2014 to 2017 Change in Average Household income
$15,336
UofC CAMPUS
TRADE AREA – West
UNIVERSITY DISTRICT TRADE AREA – East
POPULATION: 3,900
TRADE AREA POPULATION BY AGE
MONTGOMERY
AVERAGE HOUSEHOLD INCOME: $129,059 DRIVE TIME: 4 min
Age
Total
Total Population
25,427
0 to 9 years
2,273
8.9%
10 to 19 years
1,998
7.9%
20 to 29 years
4,904
19.3%
30 to 39 years
4,458
17.5%
40 to 49 years
2,299
11.8%
AVERAGE HOUSEHOLD INCOME: $138,853
50 to 59 years
3,273
12.9%
DRIVE TIME: 4 min
60 to 69 years
2,298
9.0%
70 to 79 years
1,588
6.3%
80+ years
1,636
6.4%
Median age – total
37.6
4
% of Total Population
AVERAGE HOUSEHOLD INCOME: $88,144
POPULATION: 2,900
DRIVE TIME: 5 min
TRADE AREA – South
PARKDALE
ST. ANDREWS HEIGHTS
POPULATION: 6,700
DOWNTOWN 10 Minutes
I UN
VE
RS
I
TY
E AV
NU
E
SHAGANAP
PI TRAIL
Signalized all turns access point from Shaganappi Trail.
5
COMMUNITY CONCEPT VARSITY 32nd Avenue
NORTHERN RESIDENTIAL NEIGHBORHOOD
UNIVERSITY OF CALGARY MAIN CAMPUS
MAIN STREET & CENTRAL PARK
PROFESSIONAL DISTRICT
ALBERTA CHILDREN’S HOSPITAL
24th Avenue
Sha ppi
a gan
±
il Tra
SOUTHERN ± RESIDENTIAL NEIGHBOURHOOD
UNIVERSITY HEIGHTS
MONTGOMERY
ghway TransCanada Hi
FOOTHILLS MEDICAL CENTRE
6
RETAIL OPPORTUNITY GROSS LEASABLE AREA:
OPPORTUNITIES:
Phase 1 – 100,000 sq ft Phase 2 – 145,000 sq ft
Grocery Store Pharmacy Restaurants and Cafes Financial Services Sporting Goods Home Décor Hardware Professional/Personal Services Fitness Hotel Specialty Foods General Merchandise
PARKING
SHOPPING
CO M
INMENT DISTRICT RTA TE N E ESSITIES NEC TY I UN RESTAURANT/ M
SHOPS, CAFES & RESTAURANTS
SHOPS, CAFES & RESTAURANTS
RETAIL/CAFES
PHARMACY
RETAIL
Phase 1 – Anticipated parking ratio of 4 stalls per 1,000 sq ft Phase 2 – Anticipated parking ratio of 3 stalls per 1,000 sq ft upon neighborhood buildout
HOTEL RETAIL/CAFES
TIMING
Phase 1 – 2018 Possession MARKET PLACE
CAFES & RESTAURANTS
RETAIL
ZONING
DC C-COR1 (Mixed Retail/Residential)
GROCERY STORE LOCATION
LEASE RATE
Please contact Colliers
Mixed Use Urban Village 245,000 Retail sq. ft 35,000 to 40,000 sq. ft Grocery Store Space 3.5 Parking Stalls per 1,000 sq. ft.
7
LAND USE MAP
LEGEND
184 Acres Total Area
BUILT FORM LAND USE
Over 6,000 Homes
M-G & DC (M-G) Residential-Low Density 2-3 Storeys/±32.9 ac
40 Acres of Open Space
M-2 & DC (M-2) Residential- Medium Density 4 Storeys/±24.9 ac M-H1 Residential - Higher Density Up to 8 Storeys/±4.3 ac
8 Kilometres of Multi-use Pathways and Trails
M-H2 Residential - Higher Density/Tower Opportunity Up to 16 Storeys/±3.0 ac DC (C-COR1) Mixed Use - Retail/Residential 2-3 Storey Podium, up to 6 Storeys above/±14.3 ac *Hotel site up to 16 storeys DC (C-O) Mixed Use - Retail/Office 4-8 Storeys/±10.7 ac Overall Site Area Overall Stats
Area (acres)
Total Land Area (Gross Area of the Plan)
OPEN SPACE LAND USE
Area (hectares) 74.55
184.22
Less S-UN (ER) Gross Developable Area (GDA)
3.26
1.32
180.96
73.23
Parks / Open Space
S-SPR Municipal Reserve
% of GDA
S-SPR (MR)
19.27
7.80
10.6%
DC-Central Park
3.12
1.26
1.7%
S-CRI (PUL)
13.38
5.42
7.4%
Lanes
2.30
0.93
1.3%
Residential Streets
Roads
S-CRI PUL
16.34
6.61
Activity Street
5.04
2.04
Collectors
17.72
Primary Collectors
11.19
4.53
Arterial
2.35
0.95
1.3%
Total
54.94
22.23
30.4%
9.0% 2.8%
7.17
9.8% 6.2%
Outline Plan Statistics Zoning Designation (assumed*)
Area (acres)
1
Low Density Residential
M-G & DC (M-G)
32.93
13.33
18.2%
2
Medium Density Residential
M-2 & DC (M-2)
24.99
10.11
13.8%
3
High Density Residential
DC (M-H1)
4.31
1.74
2.4%
4
Residential Towers
DC (M-H2)
3.01
1.22
1.7%
List
Colour Code
Land Use
Area (hectares) % of Total GDA
Anticipated Density (units/ha)
Maximum Density (units/ha)
Anticipated Units
Maximum Units
67
80
893
1,067
251
1,997
2,534
Residential Space
197 494
Non Residential Space 5
Retail/Residential Mixed Use
DC (C-COR1)
14.32
6
Commercial/Office Mixed Use
DC (C-O)
TOTAL
499
861
799
931
972
1,133
FAR (avg)
FAR (avg) 1,345
1,580
870
5.79
7.9%
2.6
3.0
10.70
4.33
5.9%
3.2
3.8
n/a
n/a
90.26
36.53
50%
n/a
n/a
6,068
7,184
Land Use Plan Statistics Zoning Designation (assumed*)
Area (acres)
Anticipated Density (units/ha)
Maximum Density (units/ha)
Anticipated Units
Maximum Units
1
Low Density Residential
M-G & DC (M-G)
32.93
13.33
18.2%
67
80
893
1,067
2
Medium Density Residential
M-2 & DC (M-2)
24.99
10.11
13.8%
197
251
1,997
3
High Density Residential
DC (M-H1)
4.31
1.74
2.4%
494
499
861
List
Overall Site Area
Colour Code
Land Use
Area (hectares) % of Total GDA
Residential Space
Overall Stats Total Land Area (Gross Area of the Plan) Less S-UN (ER)
Area (acres)
Area (hectares)
184.22
74.55
3.26
1.32
180.96
73.23
S-SPR (MR)
19.27
7.80
10.6%
DC-Central Park
3.12
1.26
1.7%
Gross Developable Area (GDA) Parks / Open Space
4
S-CRI (PUL)
13.38
5.42
7.4%
Lanes
2.30
0.93
1.3%
Roads Residential Streets
16.34
6.61
9.0%
Activity Street
5.04
2.04
2.8%
Collectors
17.72
Primary Collectors
11.19
7.17 4.53 0.95
1.3%
54.94
22.23
30.4%
Outline Plan Statistics List
Colour Code
Zoning Designation (assumed*)
Area (acres)
Area (hectares) % of Total GDA
Anticipated Density (units/ha)
Maximum Density (units/ha)
Anticipated Units
Maximum Units
Residential Space 1
Low Density Residential
M-G & DC (M-G)
32.93
13.33
18.2%
67
80
893
1,067
2
Medium Density Residential
M-2 & DC (M-2)
24.99
10.11
13.8%
197
251
1,997
2,534
3
High Density Residential
DC (M-H1)
4.31
1.74
2.4%
494
499
861
870
4
Residential Towers
DC (M-H2)
3.01
1.22
1.7%
799
931
972
1,133
Non Residential Space
FAR (avg)
FAR (avg)
5
Retail/Residential Mixed Use
DC (C-COR1)
14.32
5.79
7.9%
2.6
3.0
1,345
1,580
6
Commercial/Office Mixed Use
DC (C-O)
10.70
4.33
5.9%
3.2
3.8
n/a
n/a
90.26
36.53
50%
n/a
n/a
6,068
7,184
Anticipated Density (units/ha)
Maximum Density (units/ha)
Anticipated Units
Maximum Units
67
80
893
1,067
TOTAL
Colour Code
Land Use
Zoning Designation (assumed*)
Area (acres)
M-G & DC (M-G)
32.93
Area (hectares) % of Total GDA
Residential Space 1 2
8
3 4
1.7%
799
931
972
1,133
FAR (avg)
FAR (avg)
5.79
7.9%
2.6
3.0
1,345
1,580
6
Commercial/Office Mixed Use
DC (C-O)
10.70
4.33
5.9%
3.2
3.8
n/a
n/a
90.26
36.53
50%
n/a
n/a
6,068
7,184
S-SPR
19.27
7.80
10.6%
7
Municipal Reserve
8
Central Park
DC-Central Park
3.12
1.26
1.7%
9
PUL
S-CRI
13.38
5.42
7.4%
10
Environmental Reserve
S-UN
3.26
1.32
1.8%
39.02
15.79
Low Density Residential Medium Density Residential High Density Residential Residential Towers
Density Summary
Anticipated
Total Units
M-2 & DC (M-2) DC (M-H1)
24.99 4.31
13.33 10.11 1.74
18.2% 13.8% 2.4%
197 494
251 499
1,997 861
7,184
808,979
965,218
Gross Land Area (GLA) (sq.m.)
745,502
745,502
Gross Developable Area (GDA) (sq.m.)
732,325
732,325
FAR on GLA
1.09
1.29
FAR on GDA
1.10
1.32
Residential Density (units/ha) based on GLA
81 83
98
Total People + Jobs / Hectare based on GLA
225
269
Total People + Jobs / Hectare based on GDA
229
273
Townhouses
DC (M-H2)
3.01
1.22
1.7%
799
931
972
1,133
FAR (avg)
FAR (avg)
Retail/Residential Mixed Use
DC (C-COR1)
14.32
5.79
7.9%
2.6
3.0
1,345
1,580
Commercial/Office Mixed Use
DC (C-O)
10.70
4.33
5.9%
3.2
3.8
n/a
n/a
Ancitipated Occupancy Rate (Pop.per Unit) 2.4
Number of Units
Maximum
People
Number of Units
893
2,143
1,067
Apartments Mid-density
2.0
1,997
3,995
2,534
Apartments High-density
1.6
3,178
5,084
3,582
6,068
11,222
7,183
Total
Ancitipated
870
6
96
Residential Density (units/ha) based on GDA
2,534
5
Non Residential Space
Maximum
6,068
Total Gross Floor Area (GFA) (sq.m.)
Population Statistics
Land Use Plan Statistics List
1.22
14.32
TOTAL
Land Use
870
3.01
DC (C-COR1)
TOTAL
6.2%
2.35
Total
2,534
DC (M-H2)
Retail/Residential Mixed Use
Open Space
9.8%
Arterial
Residential Towers
5
Non Residential Space
% of GDA
Office
Employee Multiplier Number of Units Rate (sqm/employee) 30 149,707
Retail*
40
Hotel
135
Total Grand Total People + Jobs:
20,368 11,058 181,133
People 2,560 5,069 5,731 13,360
Maximum Gross Floor Area
People 4,990 509
179,570 23,864
82
11,058
5,581
214,492
16,804
Jobs 5,986 597 82 6,665 20,025
S-UN Environmental Reserve
COMMUNITY DEVELOPER The West Campus Development Trust is an independently operated, wholly owned subsidiary of the University of Calgary. The WCDT was established in 2011 to hold and develop the lands on behalf of the University of Calgary. Since its creation, the WCDT has engaged in comprehensive consultation with stakeholders to finalize the master plan and successfully secure land use approval from the City of Calgary. The West Campus Development Trust model provides an innovative approach to land development. It is based on a unique public-private development structure. The development will maximize the return on the land for the benefit of the University of Calgary while creating a vibrant destination place for the city.
The northern neighbourhood is a naturalized oasis just steps from the retail heart of the community.
9
CONTACT:
Rob Walker Colliers International Senior Vice President & Partner 403-298-0422
[email protected] www.colliers.com/calgary
Erin Wallace West Campus Development Trust Director of Real Estate 587-747-5289
[email protected] www.myuniversitydistrict.com