Like many communities, Airdrie is finishing 2009 much stronger than how the year began. Residential, commercial and industrial projects were stalled with the credit crunch slowing down developers. With the worst seemingly behind us, we're seeing new development activity picking up across the city.
Some of the most encouraging and tangible results are in the downtown. Creekside Crossing anchored by Airdrie's first Sobey's grocery store has broken ground on the corner of First Avenue and 8th Street. This development will feature a mix of commercial, office and medical space ranging from 1,000 sqft to 20,000 sqft. Rumoured tenants include a Sobey's Western Cellars, Original Joe's Restaurant and a few smaller retailers and restaurants.
Directly across First Avenue from Creekside Crossing is the new Willowbrook Professional Centre. Anchoring the development is Airdrie's second Shopper's Drug Mart which is scheduled to to open soon. Joining Shopper's will be a variety of medical and professional services in the detached office area on the north side of the property.
Outside of the Downtown, two of Airdrie's newest business parks are ending the year on a high note. In Gateway, McArthur's Fine Furniture opened their new 35,000 sqft location earlier this month. This eye-catching property runs along Alberta's busiest highway, the QE2, and is Gateway's first tenant. McArthur's will be joined by a new ATCO Gas office location, the city's main emergency services facility and other future tenants.
Mirroring the development on the westside of the QE2, Highland Business Park is busy with activity. Housing Western Canada's Costco Distribution Centre, Highland Park is preparing for a second large industrial user as construction is well underway for a building or comparative size. The park also features a 31,000 ready-to-occupy, freestanding industrial facility across from the Costco Distribution Centre available for purchase.
Looking forward, 2010 promises to be another busy year for development in Airdrie. Gateway, Highland, Towerlane Centre, Creekside Crossing, Sierra Springs and King's Heights are all primed for growth as new storefront businesses continue to develop in one of Canada's fastest growing cities.
For leasing information on any of the above developments please contact our office: economic.development@airdrie.ca
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