developers and investors Executive Summary Overview Development - - PowerPoint PPT Presentation
developers and investors Executive Summary Overview Development - - PowerPoint PPT Presentation
Information for prospective developers and investors Executive Summary Overview Development Possibilities and Advantages Developments in Progress Current Opportunities Overview Main Street within Dartmouth Image courtesy of Bing Maps The
Information for prospective developers and investors
Executive Summary
Overview Development Possibilities and Advantages Developments in Progress Current Opportunities
Overview
Main Street within Dartmouth
Image courtesy of Bing Maps
The Main Street Area
Image courtesy of Bing Maps
It’s all about the location
- Accessible location
- High density neighbourhoods
surround the area
- Strong history of commercial
and retail development
- 10 minutes to Downtown
Dartmouth,15 to Halifax, 20 to the airport
45 Health and Wellness Centers
Education and Community Centers
1- NSCC Akerley Campus 2- Caledonia Jr High and East Dartmouth Community Centre 3- Bridgeway Academy 4- Admiral Westphal Elementary 5- Prince Andrew High and Dartmouth Preforming Arts Society
Traffic
- Roughly 37’000
vehicles daily
- Future traffic calming
measures
- Pedestrian friendly
- riented future
Population
- Population 93,000
- r;
~10% of Nova Scotia population
- 10 minute drive radius
- Among the highest densities I
n Eastern Canada
Population Density
Competitive Property Values
Transit Connections
Development Possibilities and Advantages
Zoning
Development Possibilities and Advantages
Development Pattern
Height Possibilities
Main Street Architectural Features
Parking Advantages
- Average cost of underground parking
$15k-$40k
- Apartment parking requirements less than
any other area of Dartmouth
- .5 spaces for bachelor and 1-bedroom unit
- 1 space for 2 bedroom unit or higher
- 1 visitor parking space per building and
additional space per 15 units
- Carshare lots can further reduce parking
requirements
Signage
Vision: A Complete Community
- Retrofitting Suburbia-
Bethesda Row, MD
Retrofitting Suburbia- Lakewood, CO
4 Developments in Progress
139 Main Street-“The Horizon”
174 Main Street- Garden View Village
77 Lakecrest Drive
46 Lakecrest Drive
4 Current Opportunities
32 Lakecrest Drive
Current Conditions
Property size: 12,000 sq ft Building Footprint: 1,581 sq ft Building Type: Single Family Floors above ground: 1.5 Estimated sq footage: 2,367 sq ft
As of Right Development Opportunity
Property size: 12,000 sq ft Building Footprint: 7,026 sq ft Building Type: Apartment Building Floors above ground: 4 Estimated sq footage: 28,130 sq ft
101 Main Street (sold)
Current Conditions
Property size: 14,445 sq ft Building Footprint: 4,508 sq ft Building Type: Commercial Floors above ground: 2 Estimated sq footage: 9,016 sq ft
As of Right Development Opportunity
Property size: 14,445 sq ft Building Footprint: 10,120 sq ft Building Type: Commercial / Residential Floors above ground: 7 front / 4 back Estimated sq footage: 63,934 sq ft
145 Main Street
Current Conditions
Property size: 14,482 sq ft Building Footprint: 2,485 sq ft Building Type: Commercial Floors above ground: 1 Estimated sq footage: 2,485 sq ft
As of Right Development Opportunity
Property size: 14,482 sq ft Building Footprint: 9,688 sq ft Building Type: Commercial / Residential Floors above ground: 7 Estimated sq footage: 67,820 sq ft
109 Tacoma Drive
Current Conditions
Property size: 14,242 sq ft Building Footprint: 887 sq ft Building Type: Single Family House Floors above ground: 1 Estimated sq footage: 887 sq ft
As of Right Development Opportunity
Property size: 14,242 sq ft Building Footprint: 8,011 sq ft Building Type: Apartment Building Floors above ground: 4 Estimated sq footage: 32,045 sq ft
67 Tacoma Drive
Current Conditions
Property size: 31,084 sq ft Building Footprint: n/a Building Type: vacant Floors above ground: n/a Estimated sq footage: 887 n/a
As of Right Development Opportunity
Property size: 31,084 sq ft Building Footprint: 19,874 sq ft Building Type: Mix: res/com Floors above ground: 8 Estimated sq footage: 158,996 sq ft