Beaumont Leduc Regional Real Estate Forum Presentation April 12, 2016 1.

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Presentation transcript:

Beaumont Leduc Regional Real Estate Forum Presentation April 12,

Beaumont Town Council | Street | Beaumont AB T4X 1A1 2 Mayor & Council Beaumont Council

5-year plan/updated annually 6 key focus areas Economic Development 11 strategic outcomes Includes measurables and tracks progress Establishes priorities Strategic Plan Beaumont’s Strategic Plan 3

Strategic Plan 4

2015 population: 16,768 residents Increase of 940 people or 5.9% last year 7 th fastest growing community in Canada 2 nd fastest growing community in Alberta Currently conducting 2016 Census Community Identity

Young demographics 6 Community Identity 25% Under Age 15 Average Age: 32

Economic Development 7 Leduc, Nisku & EIA = 1,429 or 17.2%

8 Economic Development It’s all about business New commercial storefront businesses1522 Total commercial storefront businesses Home based businesses Total Beaumont-based businesses total licensed business entities in 2015

9 Economic Development 2015 Development permits issued TypePermitsValue Single family155$41,830,618 Multi family93$18,518,340 Commercial20$8,830,675 Institutional4$552,800 Other357$6,077,030 Construction Value629$75,809,463

Housing information – April 11, 2016 Average assessment (2016 budget) $443, residential sales in 2015 Listings Range from $264,500 to $919,500 Average sale price $480, Economic Development

Beaumont reviewing opportunities for sale of a Multi- Family property (adjacent HWY 625) 11 Economic Development

Active Construction 12 Accessible Information

Economic Development 13 Commercial Developers Cameron Developments Diversified Properties Ltd. Place Chalereuse GP Inc. ICM Realty Group Ocean Rock Developments RCLB Holdings Ltd. Wellar Consulting Residential Developers ARW Development Corporation AST Developments Inc. Avillia Developments Inc. Eaglemont Corporation HASCO Development Corporation Met Inc. MLC Qualico Developments Ltd. ROJAB Developments Ltd. Triomphe Land Company Inc. United Communities

14 People Services

15 New Multi-Use : Community Center Centre-ville / Downtown Beaumont

People Services Artist’s rendering of 2 new schools to be ready in 2017 A STAR Catholic School in Place Chaleureuse… …and a Black Gold School in Les Champs Vallée 5 new schools have been added since 2014! 16

17 Smart Growth April 21 - Engagement Session Workshop #1

18 Smart Growth Downtown Urban DesignConceptPlan Approved in 2015 Developers are needed for these opportunities

19 Community Identity

Smart Growth Beaumont is running out of land. Beaumont needs to annex land Land supply remaining: Residential = Less than 9 years Commercial = Minimal supply Business Park = Minimal supply Urban Services = Minimal supply Tax base 95% residential / 5% non- residential 20

Merit hearings concluded in June. People continue to choose to make their homes in Beaumont. 21 Smart Growth Annexation process

22 Smart Growth

Economic Development 23

Corporate Partnerships 24

Beaumont’s Builder, Realtor and Developer Symposium 25 Coloniale Golf Club 1:30pm – 3:00pm Town Presentation by Mayor Berube Networking with Town of Beaumont staff experts

26 Thank You