CIR Realty Presentation
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Transcript of CIR Realty Presentation
Airdrie Overview
CIR Realty PresentationMarch 17, 2010
Agenda
o Airdrie at a Glanceo Airdrie Advantages and Growth o Airdrie Future Annexation Planso Development Around the Cityo About Airdrie Economic
Developmento Q & A
Airdrie at a Glance
o Population = 38,091 • 8.3% avg. annual growth
over 5 years
o Median Family Income is $83,271 (2006)• Calgary=$77,658
o Business Growth = 5%• 2,383 Business Licenses
Airdrie 30-Year Growth Projections
34116
47081
56145
63834
71084
78781
86507
0
10000
20000
30000
40000
50000
60000
70000
80000
90000
100000
2008 2013 2018 2023 2028 2033 2038
Population Growth Comparison 2006-2009
31.7
8.6
7.8
12.6
7.1
7.2
7.2
0 5 10 15 20 25 30 35
Airdrie
Red Deer
Calgary
Alberta
Edmonton
Canada
Medicine Hat
% Population Change
Airdrie Advantages
o Location: QEII, Trans-Canada, Stoney Trail, Airport
o No Business Taxo Trading Areao Young & Growing
Populationo Quality of Lifeo Commuter bus (effective
September 2010)o Land Supply
Construction Continues2006 2007 2008 2009
Housing Starts (# of
new units R-1 to R-5)
1,483 1,786 568 816
Residential Building
Construction Value ($)
$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
2009 Major Projects Redevelopment of Towerlane Centre ATCO Geothermal Operations Centre Sobeys Grocery StoreShoppers Drug MartNew Strip Mall
2008 Major Projects McArthur Fine Furniture Honda Dealership Church Dickson Trail Strip Mall BMO
Developing Residential• Reunion
• Williamstown
• Canals
• Bayside
• Prairie Springs
• Windsong
• Copper’s Crossing
• Morningside
• King’s Heights
• Ravenswood
Developing Comm/Industrial• Gateway
• Highland Park
• Willowbrook
• Creekside
• Sierra Springs
• Kingsview Market
• King’s Heights
Current Development
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
Proposed Growth Map
o Approved by Intermunicipal Committee March 2010
(City of Airdrie, Rockyview County)
Development around the city
Core Services
o Marketingo Business Developmento Research & Information Services
Airdrie Now! Campaign
o Three-year marketing campaign o Focus on target sectors:
• Advanced Manufacturing• Transportation & Logistics• Professional Services• Environmental Industries
o New marketing materials & web site• www.AirdrieNOW.ca | AirdrieNOW TV!
@AirdrieNOW
www.airdrienow.ca