South project moves ahead
Construction on phase two of Southpointe Common could start this fall or next spring, says the developer.
Brent McKay, development manager for Calgary-based Qualico Developments (West) Ltd., said no major tenants have been signed yet for the 25-acre site just south of Southpointe Common, the development that is home to Home Depot and Wal-Mart.
I would anticipate by June or July we would have at least two solid deals to be able to announce two, possibly three, McKay said Monday.
The site was zoned commercial last year and then that was amended to allow a hotel or motel to be built there.
A multi-screen theatre complex has also been bandied about as a possible business for the location.
We have been in discussion with a couple of theatre groups, said McKay.
We dont have anything signed yet.
Its certainly one of our targeted uses.
The site could also be home to restaurants, food or department stores and other commercial businesses.
A casino was initially suggested as a possibility for the site and drew strong opposition from Councillor Vesna Higham.
McKay is aware there is some opposition to a casino and it is not in their current plans.
Currently, were not in any discussions with casino operators, he said. We have been steering our efforts away from casinos.
McKay said the site isnt expected to have large big box retailers, such as Home Depot.
As far as a 130,000-square-foot type of user, theyre not in our plans right now.
Category tenants, stores in the 20,000-30,000-square-foot range similar in size to Michaels or Future Shop, are more likely developments.
McKay said Southpointe Common is doing well and York is expected to continue to be a hot development market.
Were still optimistic with the ongoing success of York in attracting business.
It continues to have a strong local economy. The Alberta economy is strong, energy prices have been quite buoyant in the last year.
Agriculture may also be looking at a better year. And he noted housing starts remained high, especially in the south end of the city.
Meanwhile, grading and other site preparation work is continuing on the site and a slough is being removed.