TRANSIT ORIENTED INFILL DEVELOPMENT LAND - MULTIFAMILY DEVELOPMENT Opportunity

TRANSIT ORIENTED INFILL DEVELOPMENT LAND - MULTIFAMILY DEVELOPMENT Opportunity
PROPERTY DETAILS
Address: 5320-5328 2 St SW, Calgary
Legal Description: Plan 5454AC; Block 12; Lots 7-12
Site Size: +/- 18,731 SF (150 x 125 ft) Lot
Zoning: DC2(134Z2000) - Site Specific Development Control
Max Height: 13 Storeys
Community: Manchester
Max Density: 99 Units
• +/- 18,731 SF of prominent infill lands prime for
new development in a fully built-out mature
community located three blocks northeast of CF
Chinook Centre: Calgary’s largest and most popular
mall
• Proposed zoning allows for up to
99 units. The maximum height restrictions for the
Development Site is 13 storeys.
• The Lands are in close proximity to the Chinook
CTrain Red Line, Macleod Trail, Glenmore Trail
SW, and Blackfoot Trail SE, offering effective
citywide connectivity and quick access to Calgary’s
compelling employment drivers, services, retail and
entertainment nodes
• Located less than 100 m away from the highly
trafficked intersection of Macleod Trail and 53 Ave
SW and bordered by residential and commercial
parcels in the mature community of Manchester
• The community of Manchester and surrounding
areas capture a desirable demographic: young,
affluent, educated renters
• Manchester is one of the municipality’s fastest
growing nodes over the last 5 years (12.0%
population change) and is forecast to continue
to grow at a pace of 23.8% until 2028 (outpacing
the rest of the city and province at 11.8% and 7.9%,
respectively).
The Property is being offered with a List Price of
$2,295,000
CONTACT:
Marcus & Millichap & eXp Realty are the exclusive listing agents
for the Property.
BRYON HOWARD
ASSOCIATE
[e-mail]
403.589.0004
PAUL CHAPUT
SENIOR VICE PRESIDENT
[e-mail]
780.982.5947