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$949,000
4524 Bowness Road NW
Calgary, Alberta, Alberta, T3B0B1
MLS® Number: A2215470
Property description
UNLOCK THE POTENTIAL OF CALGARY'S NEXT GREAT URBAN DEVELOPMENT Are you looking for a project that sits at the heart of Calgary’s urban evolution? This is your chance to secure a 100 x 120 ft parcel of M-U1 F4.5 H22-zoned land on vibrant Bowness Road-right where city-building momentum, community amenities, and investment opportunity converge. WHY THIS SITE? STRATEGIC ZONING & FLEXIBILITYThe M-U1 (Mixed Use - General) zoning with a Floor Area Ratio of 4.5 and a height allowance up to 22 meters enables a wide range of redevelopment options, including mixed-use, residential, and commercial configurations. This flexibility empowers you to tailor your project to market demand and community needs. PRIME MAIN STREET LOCATION Located along Bowness Road, an area designated as a Neighbourhood Main Street in Calgary’s Municipal Development Plan, this site is adjacent to numerous successful projects and enjoys the benefits of recent infrastructure and public realm investments. The corridor is a focal point for growth, walkability, and city vibrancy. OUTSTANDING REDEVELOPMENT POTENTIAL •20 new townhomes-ideal for families and urban professionals seeking ground-oriented living.•Up to 54 multifamily apartment units-capitalize on the demand for quality rental or condominium housing in a rapidly intensifying corridor.•Mixed-use retail and commercial at grade-activate the streetfront and generate additional income streams, aligning with city goals for lively, people-oriented main streets.•Surrounded by Amenities and ConnectivityResidents will enjoy immediate access to parks, schools, shops, transit, and the Bow River pathway, making this a highly desirable address for a diverse range of tenants or buyers.•Supported by City Policy and Market TrendsThe Bowness Area Redevelopment Plan and recent city-initiated land use amendments are designed to accelerate approvals and encourage private investment, ensuring your project aligns with Calgary’s vision for sustainable, co mplete communities. WHY INVEST HERE ? •Strong Market Fundamentals: The area is forecasted for significant population and job growth, with city policies targeting increased density and mixed-use vibrancy along Bowness Road.•Built-in Demand: The neighbourhood is a magnet for young professionals, families, and downsizers seeking urban living with character and convenience.•Proven Success: Adjacent developments have demonstrated the viability and appeal of this corridor, offering valuable benchmarks for your own project. YOUR NEXT STEPS - Explore the various redevelopment strategies we’ve proposed for this site-from boutique townhome clusters to mid-rise multifamily or mixed-use concepts. We’re ready to share market data, financial models, and design options to help you choose the best path forward for your investment. “Opportunities like this-where zoning, location, and city-building momentum align-are rare. Let’s discuss how you can be part of the next chapter for Bowness Road.”Call today!
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Courtesy of CIR Realty
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