380 Clareview Town Development Lands
Edmonton, Alberta
The Offering
Institutional Property Advisors, a division of Marcus & Millichap, is pleased to present for sale Clareview Town Development Lands, a prime 3.24-acre parcel of mixed-use-zoned land located at 380 Clareview Station Drive NW in Edmonton, Alberta. The Lands presents a high-exposure development opportunity adjacent to the Clareview LRT Station, a major transit hub, and is surrounded by key community amenities including the Clareview Recreation Centre, Manning Crossing and Clareview Town Centre retail hubs, as well as some of Edmonton’s best parks and green spaces.
The transit-oriented Subject Site benefits from exceptional connectivity with direct access to the Clareview LRT Station, facilitating easy transit access to downtown Edmonton and other nodes of the city. The location experiences significant daily traffic exposure, with over 50,000 vehicles passing by, enhancing visibility and accessibility for future commercial or residential developments.
The mixed-use zoning allows for a diverse range of development possibilities including residential, commercial, and mixed-use projects. The immediate area is poised for growth, with a projected population increase of 8.1 per cent over the next four years, leading to increased demand for housing and associated retail and service amenities.
Investment Highlights
The area is experiencing significant residential expansion, with a 8.1% population growth anticipated within the next four years, which will push a strong demand for housing and related amenities, positioning the location as a key node for future urban development.
STRATEGIC NORTHEAST EDMONTON POSITION
Located in Northeast Edmonton along Manning Drive and 144 Avenue, the Site benefits from ongoing municipal investments in infrastructure and community services. The neighbourhood's blend of transit access, retail, recreation, and green spaces makes it a highly desirable location for residents and businesses alike.
DEVELOPMENT POTENTIAL
The mixed-use zoning allows a builder options for development tailored to the community needs, ranging from residential, commercial, or mixed-use projects. The proximity to established retail centres as well as recreational and green spaces support its development appeal.
