High-Density Residential Development Opportunity
Location: 360/382 Townsend Street
Property Type: Residential – High-Density (Condominium/Apartment Style Preferred)
Price: $2,443,000
Site Area: Approximately 3.49 acres
Zoning: Residential High-Density Zone (R-H)
Opportunity Overview:
The City of Red Deer is inviting proposals from qualified developers for a high-density residential development opportunity located in the Timberlands North neighbourhood.
With approximately 3.49 acres of land, this site presents an opportunity to create a condominium or apartment-style residential development within one of Red Deer's established and growing residential communities. High-density residential development is preferred, offering potential to contribute to the City's housing options and continued neighbourhood growth.
Proposal Requirements:
Interested proponents are invited to submit a formal, non-binding proposal outlining their development vision and project approach. Submissions should include:
- Company Profile
- Project Description
- Architectural Concept and Design Details
- Financial Overview
- Proposed Business Terms
- Demonstrated Capacity and Readiness to Proceed
Submission Deadline: Ongoing
Important Notice: The City reserves the right not to proceed with the sale of the property if submitted proposals do not meet the established evaluation criteria or align with the City's broader community objectives.
Contact:
City of Red Deer
Land Services
Email: land@reddeer.ca
Phone: 403-342-8106
Chiles Industrial Park - 4841 Chiles Industrial Road
Address: 4841 Chiles Industrial Road
Price: $293,000
Site Area: 2.17 acres
Zoning: Industrial Business Service Zone (I-1)
Serviced: No
Property Overview: Located within Chiles Industrial Park in north-central Red Deer, this property offers opportunities for light industrial, service commercial, manufacturing and warehouse uses. Conveniently located next to Gaetz Avenue, the property provides quick access to major transportation routes, including Highways 2, 2A and 11A, making it a strategic location for businesses serving Red Deer and the surrounding region.
Environmental Disclosure: The Property is known to have environmental contamination and is being offered for sale on an "as-is, where-is" basis. Environmental reports pertaining to the Property are available to prospective purchasers upon request.
Contact:
Salomons Commercial
Phone: 403-343-3023
Email: office@salomonscommercial.com
Explore the Opportunity: Brochure - 4841 Chiles Industrial Road
Chiles Industrial Park - 8230 Chiles Industrial Avenue *PENDING OFFER*
Address: 8230 Chiles Industrial Avenue
Price: $553,000
Site Area: 2.51 acres, fully fenced
Zoning: Industrial Business Service Zone (I-1)
Serviced: No
Property Overview: Located within Chiles Industrial Park in north-central Red Deer, this fully fenced property was previously used for recreational and automotive vehicle storage. The location offers convenient access to Gaetz Avenue and major transportation routes, including Highways 2, 2A and 11A.
Sale Terms: SOLD AS-IS
Contact:
Salomons Commercial
Phone: 403-343-3023
Email: office@salomonscommercial.com
Explore the Opportunity: Brochure - 8230 Chiles Industrial Avenue
Commercial Development Opportunity *PENDING OFFER*
Location: 70 Thorburn Avenue
Property Type: Commercial
Site Area: Approximately 2.21 acres
Price: $1,635,000
Zoning: C-5 - for comprehensive details, please refer to the City’s Zoning Bylaw.
Opportunity Overview:
The City is accepting proposals from qualified proponents for the development of a Commercial Development project in the Timberlands North.
Proposal Requirements:
Interested parties are invited to submit a formal, non-binding proposal that includes the following components:
- Company Profile
- Project Description
- Architectural Concept and Design Details
- Financial Overview
- Proposed Business Terms
- Demonstrated Capacity and Readiness to Proceed
Submission Deadline: Ongoing
Important Notice: The City reserves the right not to proceed with the sale of the property should submitted proposals fail to meet the established criteria or align with broader community objectives.
Contact:
City of Red Deer
Land Services
Email: land@reddeer.ca
Phone: 403-342-8106
Downtown Commercial Lot *CONDITIONALLY SOLD*
Address: 4909 48 Street
Price: $250,000
Site Area: 0.19 acres
Zoning: C-1 City Centre Commercial Zone
Property Overview: Rare opportunity to acquire a prime development site in the heart of Downtown Red Deer! This well-located parcel offers excellent exposure, flexible zoning, and proximity to key commercial, residential, and civic amenities. The site is ideally suited for commercial redevelopment, subject to municipal approvals.
Key Highlights:
- Prime Downtown location with strong pedestrian and vehicular traffic
- Walking distance to City Hall, transit terminal, restaurants and retail
- Access to major arterial roadways
Development Potential:
- Mixed-Use residential/commercial
- Apartment/Condo Development
- Office, Retail
Sale Terms: Commitment to Develop, as per Purchase and Sale Agreement Terms & Conditions
Important Notice: The City reserves the right not to proceed with the sale of the property should submitted offers fail to meet the established criteria or align with broader community objectives.
Contact:
City of Red Deer
Land Services
Email: land@reddeer.ca
Phone: 403-342-8106
Greater Downtown Redevelopment Site *CONDITIONALLY SOLD*
Address: 5031 50 Street
Area: Consolidated commercial parcel, approximately 1-acre in size, located in Historic Downtown Red Deer.
Zoning: City’s zoning requirements and design standards (see Zoning Bylaw (Land Use Bylaw) for full details)
Proposal Requirements:
Interested parties are invited to submit a formal, non-binding proposal that includes the following components:
- Company Profile
- Project Description/Vision
- Architectural Details
- Financial Profile
- Business Terms
- Capacity to Engage
For additional information about the site, please visit Greater Downtown Redevelopment Site Information Package (pdf)
Important Notice: The City reserves the right not to proceed with the sale of the property should submitted offers fail to meet the established criteria or align with broader community objectives.
Contact:
City of Red Deer
Land Services
Email: land@reddeer.ca
Phone: 403-342-8106