| Message Number | 404126 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| status | Expired | ||||||||
| Subject Line | $21,900,000 Guelph 9.35 Acres Redevelopment for High Density Residential LAND-. 1500' along River. Marketing Package and detailed CIM available. | ||||||||
| Business area |
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| Have/Want | Have | ||||||||
| Business category | Subdivision Potential/Condo Sites/Townhouse Sites/Building Lots | ||||||||
| Date of Listing | January 24 2022 | ||||||||
| Type Description | 10 Storey Apartment Lands | ||||||||
| Location | Guelph | ||||||||
| Price | $21,900,000.00 | ||||||||
| Size | 9.35 Acres | ||||||||
| Building area | 88000 | ||||||||
| Comments | Gross Land Area for Sale: 9.35 Acres
Net Land Area outside of Flood Plain - 7.99 Acres 1500? of frontage on the Speed River Designated High Density Residential in the Official Plan Existing 87,347 Square Feet industrial building A concept plan has been prepared to envision a total redevelopment of the subject properties, including adjacent municipal roads and City / Grand Conservation Authority (GRCA) properties. The concept plan includes the City portions of streets at the ends of Earl Street and George Street and the City owned property between George Street and John Street. No formal discussions have taken place to date with City / GRCA related to property purchases. In the event that the City conveys those parcels of land, a right-of-way in favour of the City would be required for access to the proposed pedestrian bridge at the east end of Earl Street. Municipal roads and adjacent properties would need to be purchased and the subject properties / additional land would need appropriate planning approvals to implement concept. Formal pre-consultation related to the proposed concept has not been undertaken to date and would be required for land use planning applications, including the discussion of potential property acquisition with the City and GRCA. Formal technical studies are also required to determine ultimate development envelope. Public consultation and engagement will be required through a formal planning application. This parcel of land is being sold under a per acre basis rather then on a per unit basis. |
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| Internet Links | |||||||||
| Member Identifier | 10649 | ||||||||
| Control | Listing | ||||||||
| Name | Eric Frey, BCOM | ||||||||
| Title | Commercial Sales - Multi-Family, Land | ||||||||
| Company Name | Coldwell Banker Peter Benninger Realty, Brokerage | ||||||||
| Address Line One | 508 Riverbend Drive | ||||||||
| City | Kitchener | ||||||||
| State/Province | Ontario | ||||||||
| Zip/Postal Code | N2K 3S2 | ||||||||
| Country | Canada | ||||||||
| Business Phone Number | (519)743-5211x3118 | ||||||||
| Email Address | Send Email | ||||||||
| Home Page | Home Page |
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