Heritage Station Development

Description

The Heritage Station Development site is located in southwest Calgary, Alberta, along Macleod Trail between Heritage and Southland Drives.

The Heritage Station Development site is optimally located for a large-scale urban infill, mixed-use development. The unique topography of the site facilitates a cost efficient parkade, terraced podiums and compelling views. Competitive advantages of the site include well-priced land, an economy of scale, transit-oriented location and a mixture of use that creates an urban village look and feel. The project aligns itself with a growing constituency of people who wish to make smart choices when selecting their lifestyle. The project will be positioned in such a way as to ensure a prospective purchaser will recognize the value proposition and clearly understand the Heritage story.

Development Features

Heritage Station will be an urban community village unto itself that will contain the following features:

• A terraced site optimally located for a mixed-use development;
• Four high-rise concrete towers totaling 1,200+ residential units;
• 30,000+ SF of resident-focused on-site amenities;
  • Lifestyle oriented retail:
    1. 40,000+ SF grocer; and
    2. 40,000+ SF of smaller retail bays.
  • A parking structure large enough to accommodate 2,000+ parking stalls:
    1. We anticipate that 1.2 parking stalls per residential unit will service the development;
    2. Excess stalls will be sold individually or converted into additional mini-storage space (35,000+ SF is planned); and
    3. If additional parking demand exists and can generate revenue, additional stalls can be constructed.

The Heritage Station Development site is in an exceptionally attractive location within the City of Calgary. The site offers amenities, linkages and benefits that few other sites in Calgary can boast. These benefits will appeal to potential buyers for different reasons, creating demand across the demographic spectrum. This opportunity represents a legacy development project that will be one of a kind in Calgary.

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