FOR SALE 73 ACRES OF WATERFRONT DE VELOPMENT L AND 2255 KITAMAAT VILLAGE ROAD, KITIMAT, BC - cloudfront.net

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FOR SALE 73 ACRES OF WATERFRONT DE VELOPMENT L AND 2255 KITAMAAT VILLAGE ROAD, KITIMAT, BC - cloudfront.net
FOR SALE

73 AC R E S O F WAT E R FR O N T D E V E LO PM E N T L A N D
2 2 55 K I TA M A AT V I L L AG E R OA D, K I T I M AT, B C
Partnership. Performance.

FO R SA L E
Avison Young is pleased to present a rare opportunity to acquire the only waterfront, large parcel of available
land within the burgeoning District of Kitimat, BC

 Rob Gritten, Principal           Derek Lee, Associate        Hayley Adams, Client Services Coordinator
 604.647.5063                     604.647.1339                604.646.8384
 robert.gritten@avisonyoung.com   derek.lee@avisonyoung.com   hayley.adams@avisonyoung.com
FOR SALE 73 ACRES OF WATERFRONT DE VELOPMENT L AND 2255 KITAMAAT VILLAGE ROAD, KITIMAT, BC - cloudfront.net
Opportunity to acquire a rare
     EXECUTIVE
                                                  waterfront parcel of land
     SUMMARY
                                                  within Kitimat...
PID(s )
Lot 1: 013-868-152                                OPPORTUNITY
Lot 2: 011-683-899                                Kitimat has become an energy industry hub within northern
LEGAL DESCRIPTION                                 British Columbia with a variety of additional business growth
Lot 1: N 20 CH OF THE FRAC                        opportunities on the horizon. While only a short five-minute
E 1/2 OF DL 452 R5C                               drive into the centre of the City, the subject property is
Lot 2: FRAC E 1/2 OF DL 452 R5C
                                                  located in a completely private setting alongside the shores
EXC THE N 20 CH
                                                  of Minette Bay. The Lodge is accessible by car, boat, float plane
SITE SIZE                                         and helicopter and is a short 30 minute drive from Terrace
Lot 1: 40.00 Acres
Lot 2: 33.00 Acres                                Airport with multiple daily flights to and from Vancouver.
Total: 71.53 Acres
ZONING                                            PROPERTY
G4-A and G6-A
                                                  DESCRIPTION
PROPERTY TAXES (2018)                                                                                                 W HY IN V E S T IN K I T IM AT                                    FID-LNG CANADA
Lot 1: $598                                       Surrounded by acres of lush forest and wildlife, Minette
Lot 2: $6,758                                     Bay Lodge is the only luxury hotel-style accommodation              One of Canada’s top investment publications, Western              On October 1st, 2018, the Liquefied Natural Gas (LNG) Canada
Total: $7,356                                     within the City of Kitimat. This immaculate ten bedroom             Investor, has named Kitimat as the number one pick of             joint venture project between Shell, PETRONAS, PetroChina,
PUR                                               facility bounded by over 73 acres of carefully maintained           western Canadian cities for real estate investment in 2019.       Mitsubishi Corporation and KOGAS took the Final Investment
Lot 1: $598                                       grounds offers guests a unique opportunity to experience            With the recent approval of the $40 billion liquefied natural     Decision (FID) to begin building their export facility in Kitimat,
Lot 2: $6,758                                                                                                         gas (LNG) terminus and pipeline, LNG Canada estimates             BC representing the single largest private-sector investment
                                                  British Columbia’s wilderness within a private and relaxing
Total: $7,356                                                                                                         roughly 6,000 construction workers will be seeking housing        in Canadian history. With construction to begin in late 2018,
                                                  atmosphere. With land availability in Kitimat becoming
                                                  increasingly scarce following the Final Investment Decision         over the next two to three years. This figure does not            the project would peak in 2021 with 10,000 new jobs
                                                  of LNG Canada, the Lodge is the only opportunity of its             include corporate management, government officials and            created including short term and long term construction
                                                  size on the market.                                                 consultants who will also require housing outside of the          workers, permanent employees and corporate governance.
     BUILDING                                                                                                         temporary work camps beginning construction this year.            This influx in population will more than double the current
                                                                                                                      Available developable land to meet these requirements             number of residents within Kitimat.
     F E AT U R E S                                                                               HAISLA NATION       is now incredibly scarce within the City of Kitimat.
                                                         HAISLA NATION LAND                           LAND

»» 10 guest rooms       »» Satellite television

»» 5 bathrooms          »» Wireless internet                                                      CROWN FEDERAL
                                                                                                                           L N G C A N A D A & C O A S TA L G A S L I N K I M PA C T
                                                       Lot 1                                        LAND (1R-5)
»» Gourmet kitchen      »» HVAC
                                                                                                                           LNG Canada is the                                                                      Estimated additional $746 million to
                                                                                                                                                               Associated $6.2 billion Coastal                    BC government coffers generated
»» Dining room          »» Separate garage           RIO TINTO                                                             largest private-                    GasLink pipeline slated to begin
                                                       LAND                                                                sector investment in                                                                   from ongoing operations
»» Living room          »» Separate built out                                                                                                                  construction in early 2019
                                                                                                                           Canadian history
                                                                                                                                                                                                                  Estimated 32,716 total jobs created
»» Library                  office space               Lot 2                                                                                                   Estimated $3.45 billion GDP                        from construction
»» Business centre                                                                                                         Site preparation work               contribution to BC and $320 million
                                                                                                                           has officially begun                in government revenue from                         Estimated 10,000 jobs produced
                                                                                                                                                               construction alone                                 during long-term operations
FOR SALE 73 ACRES OF WATERFRONT DE VELOPMENT L AND 2255 KITAMAAT VILLAGE ROAD, KITIMAT, BC - cloudfront.net
KITAMAAT VILLAGE                              MK BAY MARINA

                                                                                                 DOUGLAS CHANNEL
                                                                                                                                                                RIO TINTO ALCAN
                                      SUBJECT PROPERTY
                                                                                                                                             LNGC

                                                                                            STRAWBERRY MEADOWS

                                                                                                                                                TOWN CENTRE

                    TERRACE - HWY 16 WEST

                 DISTANCE CALCULATOR

       TERRACE AIRPORT                                 30 MINS
                                                                                                                                     GOLF COURSE
       KITIMAT CITY CENTRE                                5 MINS

       RIO TINTO ALCAN                                 15 MINS

       TERRACE CITY CENTRE                             45 MINS

Partnership. Performance.

  Rob Gritten, Principal                                    Derek Lee, Associate                               Hayley Adams, Client Services Coordinator
  604.647.5063                                              604.647.1339                                       604.646.8384
  robert.gritten@avisonyoung.com                            derek.lee@avisonyoung.com                          hayley.adams@avisonyoung.com

Avison Young
#2900-1055 W. Georgia Street
Box 11109 Royal Centre                                 avisonyoung.com
Vancouver, BC V6E 3P3, Canada

© 2018 Avison Young. All rights reserved.
E. & O.E.: The information contained herein was obtained from sources that we deem reliable and, while thought to be correct, is not guaranteed by Avison Young Commercial Real Estate (B.C.) Inc.; DBA, Avison Young.
FOR SALE 73 ACRES OF WATERFRONT DE VELOPMENT L AND 2255 KITAMAAT VILLAGE ROAD, KITIMAT, BC - cloudfront.net FOR SALE 73 ACRES OF WATERFRONT DE VELOPMENT L AND 2255 KITAMAAT VILLAGE ROAD, KITIMAT, BC - cloudfront.net FOR SALE 73 ACRES OF WATERFRONT DE VELOPMENT L AND 2255 KITAMAAT VILLAGE ROAD, KITIMAT, BC - cloudfront.net FOR SALE 73 ACRES OF WATERFRONT DE VELOPMENT L AND 2255 KITAMAAT VILLAGE ROAD, KITIMAT, BC - cloudfront.net FOR SALE 73 ACRES OF WATERFRONT DE VELOPMENT L AND 2255 KITAMAAT VILLAGE ROAD, KITIMAT, BC - cloudfront.net
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