alberta retail sales€¦ · 11/05/2017  · alberta retail sales january –feb 2016 2017...

Alberta Retail Sales

January – Feb

2016 2017

$12,427,600 $13,284,800

A 6.9% increase from the previous year

Source: AlbertaCanada.com

Alberta Retail Sales (Millions)

February

2016 2017

$6.2 $6.6

6.3% higher than previous yearSource: AlbertaCanada.com

Alberta Employment Population

Dec 2016 Q1 2017

2,267,000 2,289,000

An Increase of 22,000 since December 2016 or 1%

Source: Statistics Canada

Alberta Unemployment Rate

March

2016 2017

7.2% 8.4%

Third highest in Canada (tying with New Brunswick)Newfoundland and Labrador 14.9%; Nova Scotia 8.6%

Source: Statistics Canada

Alberta Average Weekly Earnings

February

2016 2017

$1,142 $1,122

Source: Statistics Canada

The highest in Canada and 15% higher than the national average of $975

Edmonton’s Population

2015 2016

901,460 915,997

An overall increase of 1.61%Source: City of Edmonton

Retail Square Footage

Edmonton Calgary

35 Million Sq. Ft. 32 Million Sq. Ft.

WTI Oil Price

May

2016 2017

$43.78 $47.82

Source: AlbertaCanada.com

An increase of 9.23% since last year

Price of Natural Gas(per gigajoule)

February

2016 2017

$1.82 $2.39

Source: AlbertaCanada.com

An increase of 31.3% since last year

$CDN - $USD Exchange

March

2016 2017

1.34 1.33

Source: XE.com

Class A Retail Space$/sq. ft. (2,000 to 3,000 sq. ft.)

Existing New Build

Saskatoon $28.00 - $33.00 $35.00 - $38.00

Regina $34.00 - $38.00 $38.00 - $42.00

Calgary $35.00 - $42.00 $40.00 - $45.00

Edmonton $30.00 - $36.00 $34.00 - $39.00

Vancouver $34.00 - $40.00 $38.00 - $42.00

Edmonton International Airport

May 11, 2017

15

Edmonton International Airport

Economic Driver

Confidential 1612,600 jobs $1.1 billion GDP $2.2 billion economic output

Mission & How We Operate

Mission: Driving our region’s economic prosperity through aviation and commercial development

• Not-for-profit corporation- all earnings reinvested into the airport

• Self-funded - not supported by taxes or public funds

Real Estate Development: Areas of Focus

• Driving regional economic prosperity through development of the Airport City

1. Destination2. Logistics3. Specialized Manufacturing4. Education

Highway 2

Main Terminal

65th Ave

Over $500 million in private investment committed to since 2015.Approximately $300 million invested between 2012 and 2015.

N

Questions

21

WEST EDMONTON MALL

photo credit: A-Frame Inc. photo credit: A-Frame Inc.

WEST EDMONTON MALL

photo credit: A-Frame Inc. photo credit: A-Frame Inc.

WEST EDMONTON MALL

photo credit: A-Frame Inc. photo credit: A-Frame Inc.

THE CORE

photo credit: Jamie Hyatt

THE CORE

photo credit: Jamie Hyattphoto credit: Jamie Hyatt

THE CORE

photo credit: Jamie Hyattphoto credit: Jamie Hyatt

LONDONDERRY

Edmonton Real Estate Forum- Retail PanelWHY ARE NEW RETAIL DEVELOPMENTS & NEW TENANTS COMING INTO THE EDMONTON MARKET IF

THE ECONOMY IS NO GOOD?

EMERALD HILLS, SHERWOOD PARK

EMERALD HILLS DISTRICT –LARGE FORMATCENTRE, SHERWOOD PARK

SOUTHPARK ON WHYTE

THE ICE DISTRICT… A NEW LEVEL OF RETAIL

QUEEN AND SHERBOURNE… THE FUTURE STARTS IN THE EAST

QUEEN AND SHERBOURNE… THE FUTURE STARTS IN THE EAST

QUEEN AND SHERBOURNE… THE FUTURE STARTS IN THE EAST

QUEEN AND SHERBOURNE… THE FUTURE STARTS IN THE EAST

QUEEN AND SHERBOURNE… THE FUTURE STARTS IN THE EAST

Thank you