2600-2650 48th Avenue NE Calgary, Alberta
(Legal Address: Plan 1112753; Block 1; Lot 3&4)
The site is currently raw land and has underground services at the property line. It is located on the new road that connects the NE to 96 Avenue or Airport Trail and falls in the hotel/entertainment hub of the NE. With a variety of food and entertainment venues along with high volumes of traffic passing on Barlow and McKnight Boulevard, the location of the property provides convenience to commuters along with hotel residents and commercial/industrial work crowd in the surrounding area.
The property in consideration is currently zoned as Commercial Corridor 3 under Phase II of the Airport Area Structure Plan. Under the C-COR3 zoning, there is a broad list of permitted commercial uses outlined in appendix A.
The highest and best use of the property is being taken into consideration as to whether a commercial hub would be the best alternative opposed to stepping into the hospitality industry, or a mixture of both.