The subject 10% share of the land is located in the SE Calgary east of Stoney Trail, on the boundary of the City of Calgary with Rocky View County, in close proximity to the well-established industrial neighbourhood in SE Calgary - Shepard Industrial. The site inside city limits is zoned S-FUD (Special Purpose – Future Urban Development) and is located within the SE edge of the South Shepard Area Structure Plan. The site inside Rocky View County is zoned RF (Ranch and Farm) and located within the Inter-Municipal Development Plan. Both sites are slated for future industrial development and some of the wetlands may be recoverable as developable land, depending on their classification. Additionally, the City of Calgary may be moving towards development and servicing of Shepard Industrial quicker than anticipated, due to high sales volumes currently underway in Point Trotter Industrial Park.
Mark Bizek
CDNGLOBAL
