Avison Young

City:	35 City Annex North - St. Albert
Type:	Land
Asking Price:	$19,508,850
More Info:	Brochure
Contact:	Darren Snider Jesse Rudge

		Property Description Suggested price $135,000 per acre with offers to be submitted prior to March 20th, 2008. Subject Land is intended for town centre type development with higher density zoning consisting of single family/multi family residential, retail development and other commercial and mixed uses.

The Draft Transportation plan includes a proposed LRT (subway) terminal on this site.

Approved Servicing Plan allows for this site to be serviceed within the next 24 plus months.

Anticipating a 12 to 18 month process to complete on Area Structure Plan to finalize the zoning, the purchaser of the Land will likely be in a position to build on the land in 2 to 3 years.