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BACKGROUND |
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In 1911, a developer by the name
of John Hextall envisaged the area now known as Bowness
as a high class bedroom community within reasonable
traveling distance from Calgary. The hotel was built
in 1955 directly in the heart of the town of Bowness,
with several key tenants including the Royal Bank of
Canada. Today, 50 years after its initial inauguration,
Atlas Development Corporation aims to restore this landmark
to a level of stature and glory that Mr. Hextall would
have been proud of. |
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LOCATION |
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This prime retail location is
strategically located right in the heart of the community
of Bowness, and will be part of the rapid redevelopment
of the community. The site is located on one of Calgary’s
most established thoroughfares and offers excellent
exposure and access for cars and pedestrians alike.
The redevelopment of the Bowness hotel in to Hextall
place will provide the area with additional amenities
and increase pedestrian traffic along the main street
of Bowness Road. |
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ABOUT THE BOWNESS COMMUNITY |
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As one of Calgary’s 12 business
revitalization zones, Bowness has experienced a resurgence
in commercial activity, pedestrian traffic and visibility
across Calgary as a desirable inner city neighborhood
with easy access to services. House prices in Bowness
in May 2006 averaged $317 000 for a single detached
home and average income within in a 5 kilometer radius
is projected to be at least $103 000 / household. As
the city of Calgary continues to grow, the close proximity
of Bowness to the university, downtown and easy access
to other vital services has made this community an increasingly
ideal place to live. With a small town feel, community
activities such as the lagoon and enviably located next
to the Bow river the community of Bowness has become
a popular destination for higher income families to
relocate |
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SITE ADVANTAGES |
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| Location |
- Central NW, 15 min drive to
downtown, 10 min drive to Canada Olympic Park
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| Adjacent Developments |
- New Children’s hospital and foothills
hospital within 5 min drive
- New Bow
Cycle Store One (1) Block West
- Newly renovated
Market Mall within five (5) Minute Drive
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| Access |
- Superb exposure and access to major arterials
in the city
- 16th Ave (Trans Canada) – Major East – West Arterial
- Sarcee Trail & Stoney Trail – Major North-South
Arterials – via Bowness Rd
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| Traffic |
- Bowness Road: 13,000 cars per day
- 16th Ave (Trans-Canada): 38,000 cars per day
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| Tenant Info |
- Several CRU configurations available ranging
in size from 1,000 – 18,000 sq ft
- Excellent street frontage with exclusive signage
- Abundant parking and heavy pedestrian traffic
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