The old Hole’s Greenhouse property is now up for sale, says its co-owner.
Colliers International recently listed 101 Bellerose Drive as for sale on its website. Pitched as an “excellent mixed-use redevelopment site” with “magnificent, panoramic river valley views,” the 10.58-acre (4.28 hectare) property is part of the Hole family’s old farm and contains the old Hole’s Greenhouse buildings. It is currently zoned as Direct Control by the city.
The Holes moved their greenhouse to the Enjoy Centre last April, said co-owner Bill Hole, and have been using the old site for storage. “We’re just starting to bring plant material in now.” Low gas prices this last winter have helped keep the cost of heating this site down, he noted.
The family decided to put the old site on the market a few months ago, Hole said. “We have to do something with the property.” He didn’t have any particular buyer in mind for the site, he said, and would not disclose his asking price. “We’ll just listen to what’s out there and make a decision at the point we think is the right kind of deal for us.”
A long-vacant lot on St. Albert Trail will soon be home to a Visions Electronics store, says a Calgary developer.
West 18th Street Enterprises Inc., a Calgary-based developer owned by Geoff Stewart, purchased the five-acre (two hectare) site on Inglewood Drive two weeks ago. The site, which is north of Riverside Honda & Ski-Doo, has been vacant for decades and is one of the few undeveloped sites left on St. Albert Trail.
Stewart said his company specializes in power centres and has previously done projects in B.C. and Saskatchewan. This project, the company’s first in St. Albert, will involve the construction of an 80,000 square-foot shopping centre on this site.
Stewart said he planned to start grading the site this spring and to have its first tenant, Visions Electronics, open by Christmas. The second, GoodLife Fitness, would be ready by early 2013. He was also working with three other potential clients, the names of which he could not disclose at this time. “One’s going to be a big-box liquor store, and the other two are going to be restaurants that are out of the United States.”
This site has excellent exposure on St. Albert Trail, he noted, and should bring a fresh mix of retail business to the city.
Tony Viveiros, general manager of Riverside Honda, said this site had been vacant since at least the mid-1990s. This development would finish off St. Albert Trail, he said, and hopefully bring more traffic to local stores. “Any kind of development there is welcomed by us.”
