DCSIMG
The Bridges Phase 3 Multi-Residential Development Sites
Bridges
Bridges - Phase 3

Submission process now closed

The Bridges is an award winning multi-residential and mixed use redevelopment project owned and managed by The City of Calgary. Located in the inner-city community of Bridgeland-Riverside and adjacent to the Bridgeland LRT station along a regional pathway that is within walking distance of downtown, the Calgary Zoo, Bow River, and the Bridgeland LRT station.

The Bridges is designed as an urban village that respects, enhances and takes cues from the surrounding neighbourhood, while creating a distinct environment on its own. Pedestrian-friendly streetscapes such as tree-lined wider boulevards and distinctive lighting encourage residents to walk to public transit, work, stores and recreational amenities.

Background

This 14 hectare development is located on the former site of the Calgary General Hospital. It is a three phase multi-residential and mixed use development covering 17 sites in total. In 2003, eight sites in Phase 1 were sold for development as mixed-use buildings. In 2005 four of the five sites in Phase 2 were sold for mixed-use development with the fifth site subsequently sold in 2010 as an attainable and affordable housing project. One site in Phase 3 at 1009 Centre Av NE is pending sale expected to close later this year. For more background on the conception and early development of The Bridges project see www.thebridges.ca.

Development Opportunity

The Bridges Phase 3 lands currently being marketed consists of two multi-residential development sites of about .27 hectares (.66 acres) each, available for consolidation up to .54 hectares (1.32 acres). The sites are located east of 9A Street NE between Centre Avenue NE and McDougall Road NE.

Land use designation is Direct Control supporting multi-residential development, live work units and assisted living. One of the sites, or both sites consolidated, will be marketed with the requirement to provide twenty six (26) Affordable Housing units as part of a mixed market development. Any Affordable Housing units would be owned by The City of Calgary and operated by the Calgary Housing Company.

 

Bridges - Phase 3

The Bridges Phase 3 Project Quick Facts

Location 90 9A Street NE Plan       0815793 Block 11 Lot 1 pdf document (208 KB)
70 9A Street NE Plan       0815793 Block 11 Lot 2 pdf document (208 KB)
Land UseDirect Control       DC37D2012 pdf document (224 KB)
DevelopmentMulti-residential, live work units, home occupations, assisted living
Floor Area Ratio (FAR)       4.5 -5.0
Building height       14.0M – 23.0M
Parking Ratio       1.25 stalls per dwelling unit
LEED CertificationThe building is to be designed to meet LEED Canada rating for New Construction of Silver, or higher, as approved by an Architectural Review Committee, note that LEED certification will not be required
Affordable HousingOn site 90 9A Street NE, or on sites 70 & 90 9A Street NE, the Purchaser will be required to provide Twenty Six (26) Affordable Housing units to be purchased by The City of Calgary and operated by Calgary Housing Company
Area Redevelopment and Concept PlansBridgeland-Riverside Area Redevelopment Plan & Bow Valley Centre Concept Plan pdf document (8.9 MB)

 

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Bridges - Phase 3

List Price

90 9A Street NE$3,400,000
70 9A Street NE$3,800,000
70 & 90 9A Street NE$7,200,000

Commission

The City is not responsible for the payment of any commission or real estate brokerage fee on this transaction.

Submit an Application

The sites will be offered for sale through a closed submission process. Interested parties are invited to submit a Purchase Application Form pdf document (85 KB) by e-mail or delivery to Ivan Stark at the Office of Land Servicing & Housing.

Submission Deadline

The deadline to receive applications is 14:00 November 7, 2014

For more information please contact

Ivan Stark, B.Comm
Senior Sales Negotiator
Office of Land Servicing & Housing
6th Floor, 133 – 6th Avenue S.E.
Calgary AB T2G 4Z1
Ivan Stark 403.268.2854