LAND DEVELOPMENT OPPORTUNITY IN EDMONTON TO BUILD A CONDO TOWER

Description
$3600000

This is your RARE DEVELOPMENT OPPORTUNITY to BUILD a HIGH RISE RESIDENTIAL TOWER in a PRIME LOCATION in the heart of Edmonton in Valleyview! Located just steps from the Alberta Legislature Grounds in Edmonton's River Valley this prime land
development site is optimal for future development with easy access to Edmonton's Downtown
and River Valley. This 0.511 acre, 22,295 SQFT parcel of land is currently zoned as High-Density
Residential (HDR) with a proposed land rezoning to Site Specific Development Control Provision
(DC2) to accommodate a 31-storey residential building with ground level commercial units and
stunning river views. Edmonton's River Calley is renowned for its trail network and recreational
opportunities with access to over 180 km of trails, perfect for anyone one looking for an active
lifestyle. The site's location to downtown Edmonton allows easy access to public transit and
attractions like the ICE District, Rogers Place, MacEwan University and Edmonton's Jasper Avenue – the home to many restaurants, pubs and cafes and night life. The walkability of the site supports
people travelling by foot, transit, bicycle or vehicle into the area to support both high density
and transit-oriented development. Due diligence has been completed for the proposed project
with records of reports and studies such as Drainage Service Report, Energy Modelling Report,
Geotechnical Report, Shadow Study, Preliminary Hydrogeological Report and concept drawings.
This is an incredible opportunity for experienced developers, REITs, and institutional investors to
acquire and develop this high-potential site.

Please contact us today for more details of this exciting opportunity or if you would like to book a private tour of the property!

Julie Vesuwalla
403.874.9021
Julie@homesweethometeam.ca
Century 21 Bamber Realty

HomeSweetHomeTeam.ca
When you call please mention you found this ad listing on OKz.ca

Contact Information

Contact Person:Julie Vesuwalla
Address:Edmonton, AB T5K 0B2
City:Edmonton
Phone:403-874-XXXX (Show)
Asking Price:$3600000

Other Information

For Sale By:Professional

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Julie Vesuwalla

On OKz since January, 2025

403-874-XXXX

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Posted on: 29/05/2025 @ 11:18 am

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