CIR Realty Presentation
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Airdrie update presented by Kent Rupert, Team Leader for Airdrie Economic Development to a group of CIR Realtors. For more information please visit our website - www.airdrienow.ca
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CIR Realty Presentation
- 1. Airdrie Overview CIR Realty Presentation March 17, 2010
- 4. Population Growth Comparison 2006-2009
- 6. Construction Continues 2009 Major Projects Redevelopment of Towerlane Centre ATCO Geothermal Operations Centre Sobeys Grocery Store Shoppers Drug Mart New Strip Mall 2008 Major Projects McArthur Fine Furniture Honda Dealership Church Dickson Trail Strip Mall BMO 2006 2007 2008 2009 Housing Starts (# of new units R-1 to R-5) 1,483 1,786 568 816 Residential Building Construction Value ($) $171,724,760 $304,005,089 $119,665,628 $151,217,157 Commercial/Industrial Starts (#) 92 111 107 132 Commercial/Industrial Construction Value ($) (Does not include HVAC) $78,269,503 $124,598,497 $57,157,855 $38,305,547
- 8. Proposed New Communities Name of Development Date Adopted Proposed # of Single Family Units Proposed # of Multi-Family Units Total # of Proposed Units Bayview/Bayside Stage 3 June 2009 1,268 700 1,685 Hillcrest September 2009 654 501 1,155 Midtown July 2009 127 412 539
- 10. Development around the city
Editor's Notes
- Welcome to City of Airdrie and Genesis Place Completed phase 2 just had the “Elite Canada Gymnastics Championship” last weekend (22 from Airdrie Competed) ranks them for various national teams Who attended presentations on Airdrie before?
- 10 -11 Presentation 11 – 12 Tour of Genesis Place (Phase 2)
- Population growth continues Grew 11.3% from 2008-2009 Growth projections updated in 2008 – over 85,000 by 2038 Have a strong home-based business sector – over 870 businesses are home based Over the past 2 years we have seen 12% growth in our business licenses In 2009 we averaged approx. 45 licenses/month and field approx 250 inquires and walk ins 2010 hasn’t seen a slow down in new business licenses
- Comparison with other Alberta City’s over last 3 years
- Location: Three business parks have QEII exposure 20 minutes to airport Stoney Trail advantages No Business tax One of the lowest property taxes in the province No Business Tax Major advantage compared to Calgary. For example: a 40,000 sq ft industrial warehouse with 5,000 sq ft of office would run $40,000 in taxes and the same property would be about $80,000 in Calgary when calculating property and business taxes Trading area: We draw from North Calgary, north to Olds, surrounding MD. We calculate our primary and secondary trading area to be 230,000 + 50,000+ cars a day pass by Airdrie on the QEII Quality of Life: Annual citizen survey. 98% of residents say Airdrie offers a high quality of life. The research firm has told us this number is unheard of in other communities. Land Supply – we have available land, particularly industrial. We’ll go over that next.
- Development and growth picked up in the 3 rd and 4 th quarters of 2009 Residential development increased over 2008 and remained on par with 2006 Commercial/Industrial starts remained strong – our strongest year for comm/ind growth To put it in perspective - 2007 was a stellar year – three major projects accounted for $82 million alone – Coscto, Genesis Place Rec Centre and new elementary school Some of the 2009 projects that are completing are: Redevelopment of the Towerlane Centre Sobeys Grocery Store Airdrie’s 2 nd Shoppers Drug Mart ATCO Geothermal Operations Centre
- Residential Development Commercial and Industrial development underway
- 3 new neighbourhood structure plans were approved by council in 2009 Bayside Stage 3 Hillcrest Midtown The Midtown development is a combination of residential & commercial while both Bayside and Hillcrest are straight residential developments
- Airdrie ONE Plan Integrating MDP, Sustainability Plan, Economic Development Plans, etc. in to one comprehensive community plan. will help us move into next annexation with a strong community plan. Community Round Tables were VERY successful Feb. 2010 Council approved to move forward with formal talks with the County of Rockyview looking at implementing Smart Code planning principles
- Take a walk around town.
- Airdrie Economic Development… what we do? 5 in department (2 PT) – Chris, Leona, Sara, Donna, and myself (Director – Michelle) Three core business areas Marketing Business Development and retention Research and Information services Samples of some of the publications we produce – in their packages today Statistics on our web site, feel free to call if they can’t find what they are looking for
- Airdrie NOW Campaign Business and Investment Attraction Campaign
- Welcome you to go to www.airdrienow.ca to check out our new website All the information you will require for you and your clients located in one spot Highlights Toolbox: BizPal Property Search (Hear more about later in the presentation) Business Directory eNews Now Location video – highlighting our key transportation advantages AirdrieNOW TV- testimonial of local businesses talking about the advantages of doing business in Airdrie ( True B2B selling) Resources, Stats and Publications page AirdrieLIFE Issues, Airdrie At a glance (in your packages) Maps – tourist, land use, address amps, etc. Business License forms Statistics – census, demographics, real estate, taxation Resources for businesses (store from, industrial or commercial)
- This has been just a snap shot of what Airdrie has to offer. We welcome you to go through the website and if you have any suggestions or question please call our office On behalf of Airdrie Economic development – Sara, Leona, Chris, Donna and myself we thank you for coming out today and will be around t answer any questions you may have.