Sherwood Park development opportunity

Overview

Opportunity to acquire a vacant 9.88 acre (430,514 SF) mixed-use development site in Sherwood Park, Alberta. The property is zoned MU1(Mixed-Use) allowing for a variety of commercial, retail, residential, and hospitality projects, perfectly positioned to capitalize on the region’s robust economy and high-income demographics.

By leveraging the area’s thriving local economy, developers can create a vibrant residential and commercial hub that meets the growing demand for multi-family housing and commercial spaces.

Proposed plans for the property include a mix of commercial / retail, industrial and townhouse or purpose-built residential rental on 8.42 acres of developable area, and 1.46 acres dedicated for a storm pond.

Location

Sherwood Park, Alberta, is a growing community located just east of Edmonton, within Alberta’s Industrial Heartland. Known for its strategic location, Sherwood Park offers direct access to one of Canada’s largest industrial hubs, along with convenient regional access to major highways, including the Yellowhead Highway and the Anthony Henday Ring Road.

The property itself is located in a high exposure location on the west side of Sherwood Drive, just south of Yellowhead Highway. The surrounding community features established residential neighbourhoods and a strong base of retail and hospitality properties.

Major retailers nearby include Walmart, Canadian Tire, Winners, Golf Town, Starbucks, and RONA. Sandman Hotel, Four Points by Sheraton, and TownePlace Suites by Marriott and Hampton Inn by Hilton are all concentrated within 300 metres of the property.

Recreational facilities such as the Emerald Hills Leisure Centre, Centennial Park, and Millennium Place are conveniently located nearby, enhancing the quality of life for residents and visitors alike.