new crash · 2020. 3. 26. · 10266 103 street nw legal description plan . lots 199-201, block 3,...

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10266 103 Street Crash HOTEL

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Page 1: New Crash · 2020. 3. 26. · 10266 103 Street NW Legal Description Plan . Lots 199-201, Block 3, Plan NB1 Neighbourhood . Downtown Building Size . 32,749 square feet Current Zoning

10266 103 Street

Crash HOTEL

Page 2: New Crash · 2020. 3. 26. · 10266 103 Street NW Legal Description Plan . Lots 199-201, Block 3, Plan NB1 Neighbourhood . Downtown Building Size . 32,749 square feet Current Zoning

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PROPERTY HIGHLIGHTS

• Three-storey plus basement commercial building consisting of 71 boutique hotel rooms, three main floor retail bays and one lower level retail bay

• Combined hotel/retail mix

• Building has undergone significant renovations

• Corner lot fronting onto 103 Street and 103 Avenue

• Directly across the street from Ice District

• Downtown Edmonton is in transition and has strong potential upside for well-located investment properties

• Downtown Edmonton has traditionally had a strong lodging market

• Sale Price: Market

Municipal Address 10266 103 Street NWLegal Description Plan Lots 199-201, Block 3, Plan NB1Neighbourhood DowntownBuilding Size 32,749 square feetCurrent Zoning Heritage Area Zone (HA)

Built 1902Property Tax Assessment from existing building $115,113.67Description Combined Hotel/RetailLot Area 16,200 SFMain Floor Thrift Shop: GLA of 7,250 SF

Northwest Bay Arena Liquor: GLA of 2,600SFSoutheast Bay Crash Coffee: GLA of 1,162 SFLobby Small area located on the east side of main floor Kitchen Shared kitchen

2nd/3rd Floors 71 hotel roomsBasement The Chvrch of John: GLA of 6,652 SF

Page 3: New Crash · 2020. 3. 26. · 10266 103 Street NW Legal Description Plan . Lots 199-201, Block 3, Plan NB1 Neighbourhood . Downtown Building Size . 32,749 square feet Current Zoning

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Ice District future Loblaws City Centre Mall Arts District• JW Marriott

Edmonton• Edmonton Tower• Stantec Tower & SKY

Residences • Edmonton downtown

community arena• Grand Villa Casino

• A new “urban concept” grocery store will open in Edmonton’s downtown Ice District.Loblaws plans to open a CityMarket grocery store on the site in 2020

• Down-to-earth complex of shops & services, with a food court for casual dining options

• The Arts District is a partnership of commercial, cultural and civic organizations to assist in the leadership and coordination of the revitalization of the cultural centre of downtown Edmonton

• The Neon Sign Museum, the first of its kind in Canada, features a collection of functional historic signs that tell a story about Edmonton’s neon past

The historic Richlieu Hotel has transformed to Crash Hotel in downtown Edmonton. Situated in the heart of the new Ice District, this artistic boutique property is one of the trendiest, busiest, and all round unique experiences in the Edmonton downtown core. Just a few short steps to the Arena District. With its very own nightclub called Thrift Shop, and liquor store, Arena Liquor, conveniently located within the hotel.

Neon Alley

Page 4: New Crash · 2020. 3. 26. · 10266 103 Street NW Legal Description Plan . Lots 199-201, Block 3, Plan NB1 Neighbourhood . Downtown Building Size . 32,749 square feet Current Zoning

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KEY LOCATIONSituated in the heart of the new Ice District, this property is on track to be one of the trendiest, busiest, and unique experiences in downtown Edmonton. The Ice District is a $2.5 billion mixed-use sports and entertainment district being developed on 10 hectares of land in Downtown Edmonton and a portion of the neighbourhood of Central McDougall. When completed it will be Canada’s largest mixed-use and entertainment district. A new arena named Rogers Place, for the Edmonton Oilers. It has a new Office tower, and attractions along with Rogers Place. Edmonton Tower, Winter Garden, and Grand Villa Casino includes Stantec Tower, and the JW Marriott Edmonton Ice District & Residences Edmonton, The MacEwan LRT Station, Phase 2 will commence in 2020. Other amenities include; a public plaza, future residences, and retail attractions, including a Loblaw’s City Market Grocery Anchor. Also located to the East of the property is Edmonton City Centre (formerly Eaton Centre and Edmonton Centre) which is a two part shopping mall with over 170 services on 102 Avenue. It is anchored by Hudson’s Bay, CBC, Winners and Landmark Cinemas. It has four office towers (using the mall as a podium), plus a Delta Hotel.

Page 5: New Crash · 2020. 3. 26. · 10266 103 Street NW Legal Description Plan . Lots 199-201, Block 3, Plan NB1 Neighbourhood . Downtown Building Size . 32,749 square feet Current Zoning

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Thrift ShopEdmonton’s trendiest, busiest downtown night club and bar… and, thrift shop. Yes, you heard us right, everything on the wall is for sale! Along with monthly drink specials, an amazing gastro dive menu and an always packed dance floor.

The Chvrch of John Licensed live entertainment venue featuring local and regional talent

Crash Lobby An evening of beer, wine and cocktail in a vintage dive bar atmosphere with a menu to satisfy those hunger pains. Or, feel free to come early in during the day and use our tables as workstations, hold meetings, or just take a load off and lounge around.

Arena Liquor Full service liquor store conveniently located at the hotel. A full supply of imported and local beers, wines and spirits

Crash Hotel Situated in the heart of the Edmonton Downtown core, Crash Hotel is one of the trendiest, busiest, and all round unique experiences in the Edmonton downtown core. With unique themed rooms and a lobby that can indulge in any desire you have - we are the place to Crash Land on your next trip to Edmonton.

Page 6: New Crash · 2020. 3. 26. · 10266 103 Street NW Legal Description Plan . Lots 199-201, Block 3, Plan NB1 Neighbourhood . Downtown Building Size . 32,749 square feet Current Zoning

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1. Calidus: Healy Ford Redevelopment

2. Ice District: Future Retail & Condos

3. Ice District: Stantec Tower & Condos

4. Ice District: JW Mariott & Condos

5. Ice District: Future Development

6. Westritch: Ultima Tower * Westritch: Encore Tower

7. Langham: Fox Towers 1 & 2

8. City of Edmonton: Alex Decoteau Park

9. City of Edmonton: Potential Parkland

10. Norquest College Expansion

11. 7th Street Annex Marvel College

12. Royal Alberta Museum

13. Kelly Ramsey Office Tower

This rare opportunity allows for potential redevelopment of the site to a “Highest and Best Use” as a high rise mixed-use property

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Page 7: New Crash · 2020. 3. 26. · 10266 103 Street NW Legal Description Plan . Lots 199-201, Block 3, Plan NB1 Neighbourhood . Downtown Building Size . 32,749 square feet Current Zoning

cwedm.com

Rick BotelhoAssociate

780 702 6958 [email protected]

Marino PadoanSenior Associate

780 917 8340 [email protected]