Purpose-Built Rental Development Site
2624-17A street sW Calgary

Purpose-Built Rental Development Site - alternatives for sale

40,569 ft2
Alternatives Sale/Purchase
Contact us for price

Description

Jones Lang LaSalle Real Estate Services, Inc. (“JLL”) is pleased to offer for sale or joint venture a purpose-built rental development site (the “Property”).  The Property is a shovel-ready site totaling 40,569 square feet, located in the inner-city community of Bankview. The Property is situated on the corner of 17A Street SW and 26 Avenue SW, with convenient access to 14 Street SW. This is an exceptional inner-city location within walking distance to the amenities along the coveted entertainment corridor of 17 Avenue SW and the Marda Loop shopping district.

The Property is fully entitled, has a Development Permit nearly complete, and all the various pre-development reports are available for review. The current conditional Development Permit calls for a striking one-hundred and twenty four (124) unit complex that definitively takes advantage of the Property’s geography and stepping. The design provides for a variety of unit types and sizes, which will surely attract a diversified range of quality occupants.

The Property is considered an exceptional offering as the development risk has been virtually eliminated and is a very rare opportunity given the built-out nature of the community.

Documents and resources

Purpose-Built Rental Development Site - alternatives for sale

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