Retail Project Review Robert Walker 2006 Real Estate Forum Retail - - PowerPoint PPT Presentation

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Retail Project Review Robert Walker 2006 Real Estate Forum Retail - - PowerPoint PPT Presentation

Retail Project Review Robert Walker 2006 Real Estate Forum Retail Construction Summary Four (4) projects currently under construction Combined area of 534,300 square feet Breakdown by sector: NE = 43,000 SE = 340,000 NW =


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Retail Project Review

Robert Walker 2006 Real Estate Forum – Retail

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SLIDE 2

Construction Summary

  • Four (4) projects currently under construction
  • Combined area of 534,300 square feet
  • Breakdown by sector:

NE = 43,000 SE = 340,000 NW = SW = 21,000

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SLIDE 3

Projects Under Construction

Project Name Quadrant Completed Size Anchor Tenant Smartcentres Sunridge NE 43,300 Designer Depot, Dollar Giant Harvest Hills Centre NE 130,000 T&T Supermarkets Mount Royal Block SW 21,000 (Retail Portion) Shoppers Drug Mart Deerfoot Meadows SE 340,000 Real Canadian Superstore, the Brick, Wholesale Sports

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SLIDE 4

Proposed Projects

  • Twenty (20) projects currently proposed
  • Combined area of 5,286,298 square feet
  • Breakdown by sector:

NE = 228,695 SE = 1,945,000 NW = 2,573,617 SW = 538,986

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SLIDE 5

Proposed NE Projects

  • Two (2) projects currently proposed

Project Name Size Proposed Tenants SmartCentres Sunridge 129,695 Sam’s Club Saddleridge 99,000 Safeway

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SLIDE 6

Proposed NW Projects

  • Seven (7) projects currently proposed

Project Name Size Proposed Tenants Sage Hill Crossing 850,000 Real Canadian Superstore Chapel Grove 700,000 Real Canadian Superstore Evanston Towne Centre 136,000 In Discussions Beacon Hill Phase 2 410,000 Canadian Tire, Future Shop, The Brick Huntington Hills Superstore 167,677 Real Canadian Superstore Creekside (Remaining Phases) 288,240 RONA Crowfoot Crossing (expansion) 21,700 In Discussions

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Proposed SE Projects

  • Five (5) projects currently proposed

Project Name Size Proposed Tenants Easthills 725,000 In Discussions The Market at Sheppard 175,000 Theatre The Market at Quarry Park 82,000 In Discussions Deerfoot Meadows 920,000 Wal-Mart, Sandman Hotel, Lifestyle Centre 114th Avenue Plaza 43,000 In Discussions

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Proposed SW Projects

  • Six (6) projects currently proposed

Project Name Size Proposed Tenants The Shoppes of Marda Loop 22,500 Sobey’s West Springs Village 75,000 In Discussions Westpointe Shopping Centre 23,500 In Discussions Evergreen Gables 25,000 In Discussions Chinook Centre Expansion 172,986 Tiffany’s Aspen Landing 220,000 In Discussions

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Summary

  • Twenty-four (24) projects currently proposed
  • r under construction
  • Combined area of 5,820,598 square feet
  • Breakdown by sector:

NE = 401,995 SE = 2,285,000 NW = 2,573,617 SW = 559,986

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SLIDE 10

Potential Retailers

  • Ferrari
  • Crate & Barrel
  • Abercrombie & Fitch
  • Tiffany’s
  • Lacoste
  • Lowe’s
  • Apple
  • Cabela’s
  • Louis Vuitton
  • Whole Foods
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SLIDE 11

Noteworthy Projects Outside of Calgary

  • The Alberta Project

– 2.5 km north of Calgary – 1.4 million square foot regional mall – 2 horse racing tracks, hotel, satellite of Olds College

  • Sierra Springs Shopping Centre

– First big box development in Airdrie – In excess of 900,000 square feet