(+/-) 60000 sf Retail Development 908 Regent Avenue Winnipeg, MB
New (+/-) 60,000 sf Retail Development 908 Regent Avenue Winnipeg, MB
Introducing 908 Regent Avenue - A 4.4 Acre Retail Development Site in Winnipeg, MB
Exciting New Development Opportunity A fantastic and rare opportunity for up to (+/-) 60,000 sf of retail development at 908 Regent Avenue, Winnipeg, MB. The opportunity is in the heart of East Winnipeg, the dominant retail node in this quadrant of the city. This core area encompasses over 3 million square feet of commercial space and attracts over 4.9 million customers annually. This is a thriving retail and residential area with current and future plans for expansion and rejuvenation. The combination of retail, entertainment, and future residential plans provide sound demographics for new retailers.
908 Regent Avenue Winnipeg, MB R2C 3A8 Surrounding Areas • Multi-million dollar infrastructure improvements in the immediate area: - Widening of Rendeers Drive - Extension of Peguis Street - Plessis Underpass • Two new major residential developments nearby -Devonshire Village & Starlight Village
Subject Location • • • • •
(+/-) 4.4 acres Zoning: C3 Up to (+/-) 60,000 sf of leasable area Two access points: -Via Regent Avenue -Via Pandora Avenue 33,100 cars per day (City of Winnipeg 2012 Traffic Flow Map)
SUBJECT SITE
908908 Regent Avenue Regent Avenue
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Winnipeg, MBMB R2CR2C 3A8 Winnipeg, 3A8
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PLESSIS AVENUE
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SUBJECT SITE
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REGENT AVENUE
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PANDORA AVENUE
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DUGALD ROAD
908 Regent Avenue Winnipeg, MB R2C 3A8
LOCATION
908 Regent Avenue Winnipeg, MB R2C 3A8 LOCATION The area encompasses a combined total of (+/-) 3 million sf of retail and entertainment space including shopping, entertainment, restaurants and more, drawing over (+/-) 4,900,000 visitors per year.
NEARBY Kildonan Place Regional Mall • A major retail centre with over 100 shops • 2km from 908 Regent Avenue • Potential draw (+/-) 4.9 million customers per year • Cineplex / Famous Players at Kildonan Place Club Regent Casino • An extensive attraction only 900 meters from 908 Regent Avenue • (+/-) 200,000 sf of entertainment space • (+/-) 1,642,500 visitors per year
Kildonan Green (New Development) • Food & Pharmacy anchored • (+/-) 76,000 sf gross leasable area • Major tenants include: Sobey’s, RBC, and Shoppers Drug Mart The Shops of Kildonan Mile (Proposed) • To be developed • Will add over (+/-) 340,000 sf of new retail to the area
Club Regent Casino Hotel •146 guest rooms • banquet and conference rooms, the largest holding up to 500 people
DEVELOPMENTS Two new, major residential developments are slated for nearby. Projects by Genstar Development Company and North Grassie Properties stand to add thousands of mixed-residential homes. Genstar Devonshire Village
North Grassie Properties Starlight Village
• 90 acres of land • 64 town homes • 68 duplex units • 216 single family homes • 650 multi-family units
• 81 single house properties • 5 multi-family buildings
Sitewise 2014 Demographic Snapshot 2014 Demographic Snapshot
DEMOGRAPHICS
• Total area population 2014, 5 km radius: 85,453 • Projected area population 2019, 5 km radius: 95,572 • (+/-) 85,453 residences within 5 km’s • HHI: $85,415+ • Average 44,000 cars pass Regent Avenue daily • Average 33,000 in front of site area • Average 51,400 cars pass Lagimodiere Boulevard daily • Average 19,100 cars pass Plessis Road daily
(City of Winnipeg 2012 Traffic Flow Map)
Total Population 2009 estimated 2014 estimated 2019 projected
908 Regent Ave W, 908 Regent Ave W, 908 Regent Ave W, Winnipeg, MB R2C 3A8, Winnipeg, MB R2C 3A8, Winnipeg, MB R2C 3A8, Canada Canada Canada 0 - 1 km 0 - 3 km 0 - 5 km % % % 3,674 4,503 5,907
26,600 30,597 37,305
77,501 85,453 95,572
% Pop. Change (2009-2014) % Pop. Change (2014-2019)
22.6% 31.2%
15.0% 21.9%
10.3% 11.8%
2014 Total Population by Age 0 to 4 years 5 to 19 years 20 to 24 years 25 to 34 years 35 to 44 years 45 to 54 years 55 to 64 years 65 to 74 years 75 years & over
4,503 317 887 322 667 633 633 512 305 226
Median Age
5KM
3KM 1KM
30,597 1,839 5,479 2,261 4,634 4,130 4,475 3,687 2,116 1,975
7.0% 19.7% 7.2% 14.8% 14.1% 14.1% 11.4% 6.8% 5%
85,453 5,078 15,541 6,376 12,881 11,522 11,943 10,337 6,432 5,343
6.0% 17.9% 7.4% 15.1% 13.5% 14.6% 12.1% 6.9% 6%
35.9
37.5
37.4
2014 Total Census Families Average Persons Per Family
1,320 3.0
8,807 2.9
24,881 2.9
Total Couples Without children at home With children at home Lone-parent families
1,085 509 576 235
Children Per Census Family
1.1
2014 Educational Attainment (15 years+) Less than a bachelor degree Bachelor degree & higher
3,578 2,989 589
2014 Households Persons per household
1,638 2.74
Average household income 2014 Occupied Dwellings Owned dwellings Rented dwellings Dominant building type Dominant period of construction
$
82.2% 38.5% 43.7% 17.8%
Houses 1961-1980
84.4% 39.1% 45.4% 15.6%
20,542 9,524 11,017 4,340
1.1 24,821 21,383 3,438
83.5% 16.5%
$ 83.6% 16.4%
69,745 59,555 10,190
86.2% 13.8%
Houses 1961-1980
85.4% 14.6%
32,949 2.57
92,360 11,854 10,054 1,800
82.6% 38.3% 44.3% 17.4%
1.1
11,854 2.54
91,776 1,638 1,369 269
7,437 3,439 3,998 1,370
5.9% 18.2% 7.5% 15.1% 13.5% 14.0% 12.1% 7.5% 6%
$ 84.8% 15.2%
85,415 32,949 26,357 6,591 Houses 1961-1980
80.0% 20.0%
C&W BIOGRAPHY
Kenneth W. Yee Senior Vice President T 204 934 6222 C 204 294 9789 [email protected] Tyson Preisentanz Vice President - Winnipeg T 204 928 5002 C 204 782 6183 [email protected] Michelle Constant Vice President - Retail T 204 934 6201 [email protected]
KEN
SENIO
Ken Yee began his co C&W BIOGRAPHY the Cushman & Wakefi commercial brokerage o specializing in investme million in sales and lea
Ken and his team have format retail centres in MICH Common in Winnipeg.
VICE PR
Ken has been a multiCushman & Wakefield 2011.
Michelle Constant joined C
Introducing 908 Regent Avenue - A 4.4 Acre Retail Development Site in Winnipeg, MB
Exciting New Development Opportunity A fantastic and rare opportunity for up to (+/-) 60,000 sf of retail development at 908 Regent Avenue, Winnipeg, MB. The opportunity is in the heart of East Winnipeg, the dominant retail node in this quadrant of the city. This core area encompasses over 3 million square feet of commercial space and attracts over 4.9 million customers annually. This is a thriving retail and residential area with current and future plans for expansion and rejuvenation. The combination of retail, entertainment, and future residential plans provide sound demographics for new retailers.
908 Regent Avenue Winnipeg, MB R2C 3A8 Surrounding Areas • Multi-million dollar infrastructure improvements in the immediate area: - Widening of Rendeers Drive - Extension of Peguis Street - Plessis Underpass • Two new major residential developments nearby -Devonshire Village & Starlight Village
Subject Location • • • • •
(+/-) 4.4 acres Zoning: C3 Up to (+/-) 60,000 sf of leasable area Two access points: -Via Regent Avenue -Via Pandora Avenue 33,100 cars per day (City of Winnipeg 2012 Traffic Flow Map)
SUBJECT SITE
908908 Regent Avenue Regent Avenue
RO AD
DIA
SO
CO R
AV E
MO L
CO N
NR OA D
Winnipeg, MBMB R2CR2C 3A8 Winnipeg, 3A8
NU
GA TE W AY
E
ENU
VAR D
N AV
PA N
ET
RO AD
PLESSIS AVENUE
NAIR
REG
ENT
SUBJECT SITE
AVE N
UE
REGENT AVENUE
IMO
DIER
E BO
ULE
E
N
SO W DA
LAG
PANDORA AVENUE
AD RO
DUGALD ROAD
908 Regent Avenue Winnipeg, MB R2C 3A8
LOCATION
908 Regent Avenue Winnipeg, MB R2C 3A8 LOCATION The area encompasses a combined total of (+/-) 3 million sf of retail and entertainment space including shopping, entertainment, restaurants and more, drawing over (+/-) 4,900,000 visitors per year.
NEARBY Kildonan Place Regional Mall • A major retail centre with over 100 shops • 2km from 908 Regent Avenue • Potential draw (+/-) 4.9 million customers per year • Cineplex / Famous Players at Kildonan Place Club Regent Casino • An extensive attraction only 900 meters from 908 Regent Avenue • (+/-) 200,000 sf of entertainment space • (+/-) 1,642,500 visitors per year
Kildonan Green (New Development) • Food & Pharmacy anchored • (+/-) 76,000 sf gross leasable area • Major tenants include: Sobey’s, RBC, and Shoppers Drug Mart The Shops of Kildonan Mile (Proposed) • To be developed • Will add over (+/-) 340,000 sf of new retail to the area
Club Regent Casino Hotel •146 guest rooms • banquet and conference rooms, the largest holding up to 500 people
DEVELOPMENTS Two new, major residential developments are slated for nearby. Projects by Genstar Development Company and North Grassie Properties stand to add thousands of mixed-residential homes. Genstar Devonshire Village
North Grassie Properties Starlight Village
• 90 acres of land • 64 town homes • 68 duplex units • 216 single family homes • 650 multi-family units
• 81 single house properties • 5 multi-family buildings
Sitewise 2014 Demographic Snapshot 2014 Demographic Snapshot
DEMOGRAPHICS
• Total area population 2014, 5 km radius: 85,453 • Projected area population 2019, 5 km radius: 95,572 • (+/-) 85,453 residences within 5 km’s • HHI: $85,415+ • Average 44,000 cars pass Regent Avenue daily • Average 33,000 in front of site area • Average 51,400 cars pass Lagimodiere Boulevard daily • Average 19,100 cars pass Plessis Road daily
(City of Winnipeg 2012 Traffic Flow Map)
Total Population 2009 estimated 2014 estimated 2019 projected
908 Regent Ave W, 908 Regent Ave W, 908 Regent Ave W, Winnipeg, MB R2C 3A8, Winnipeg, MB R2C 3A8, Winnipeg, MB R2C 3A8, Canada Canada Canada 0 - 1 km 0 - 3 km 0 - 5 km % % % 3,674 4,503 5,907
26,600 30,597 37,305
77,501 85,453 95,572
% Pop. Change (2009-2014) % Pop. Change (2014-2019)
22.6% 31.2%
15.0% 21.9%
10.3% 11.8%
2014 Total Population by Age 0 to 4 years 5 to 19 years 20 to 24 years 25 to 34 years 35 to 44 years 45 to 54 years 55 to 64 years 65 to 74 years 75 years & over
4,503 317 887 322 667 633 633 512 305 226
Median Age
5KM
3KM 1KM
30,597 1,839 5,479 2,261 4,634 4,130 4,475 3,687 2,116 1,975
7.0% 19.7% 7.2% 14.8% 14.1% 14.1% 11.4% 6.8% 5%
85,453 5,078 15,541 6,376 12,881 11,522 11,943 10,337 6,432 5,343
6.0% 17.9% 7.4% 15.1% 13.5% 14.6% 12.1% 6.9% 6%
35.9
37.5
37.4
2014 Total Census Families Average Persons Per Family
1,320 3.0
8,807 2.9
24,881 2.9
Total Couples Without children at home With children at home Lone-parent families
1,085 509 576 235
Children Per Census Family
1.1
2014 Educational Attainment (15 years+) Less than a bachelor degree Bachelor degree & higher
3,578 2,989 589
2014 Households Persons per household
1,638 2.74
Average household income 2014 Occupied Dwellings Owned dwellings Rented dwellings Dominant building type Dominant period of construction
$
82.2% 38.5% 43.7% 17.8%
Houses 1961-1980
84.4% 39.1% 45.4% 15.6%
20,542 9,524 11,017 4,340
1.1 24,821 21,383 3,438
83.5% 16.5%
$ 83.6% 16.4%
69,745 59,555 10,190
86.2% 13.8%
Houses 1961-1980
85.4% 14.6%
32,949 2.57
92,360 11,854 10,054 1,800
82.6% 38.3% 44.3% 17.4%
1.1
11,854 2.54
91,776 1,638 1,369 269
7,437 3,439 3,998 1,370
5.9% 18.2% 7.5% 15.1% 13.5% 14.0% 12.1% 7.5% 6%
$ 84.8% 15.2%
85,415 32,949 26,357 6,591 Houses 1961-1980
80.0% 20.0%
C&W BIOGRAPHY
Kenneth W. Yee Senior Vice President T 204 934 6222 C 204 294 9789 [email protected] Tyson Preisentanz Vice President - Winnipeg T 204 928 5002 C 204 782 6183 [email protected] Michelle Constant Vice President - Retail T 204 934 6201 [email protected]
KEN
SENIO
Ken Yee began his co C&W BIOGRAPHY the Cushman & Wakefi commercial brokerage o specializing in investme million in sales and lea
Ken and his team have format retail centres in MICH Common in Winnipeg.
VICE PR
Ken has been a multiCushman & Wakefield 2011.
Michelle Constant joined C
