North Industrial, Saskatoon

North Industrial, Saskatoon
City of Saskatoon Neighbourhoods
North Industrial
North West Industrial Suburban Development Area
River City Centre Mall
Industrial land Selling Price: $170,000-$260,000 / acre
Average Building Selling Price: $55/Square Foot
Total Land Area 639.9 acres (2.6 km2)
Occupancy 93%
Vacant Lots 44.5 acres (180,000 m2)
Serviced undeveloped 98%
IH zoned 248.08 acres (1.0 km2)
IH Occupancy 44%
IL1 zoned 347.30 acres (1.4 km2)
IL1 Occupancy 56%
c2006[1][2]

North Industrial is a thriving industrial community in the city of Saskatoon, Saskatchewan, which consists primarily of industrial and retail development.

Contents

Industrial characteristics

Undeveloped land, office space, and existing industrial facilities are available in Saskatoon albeit considering Saskatoon's economic growth over the past years has been exponential. Industrial footage can be rented between $4.00 and $7.00, whereas Office square footage runs about $6.00. North Industrial contains Suburban Office Housing by providing 20.9% of Saskatoon's office real estate or 451,607 square feet (41,955.7 m2).[3] The north industrial fully serviced premium location industrial lots sell for about $190,000 an acre.[4]

Layout

51st Street is the northern edge of this industrial area. Idylwyld Drive runs concurrent with Highway 11 or Louis Riel Trail which runs concurrent with the Yellowhead Highway and Highway 16 marks the western boundary. Whereas Railway tracks which are parallel to Millar Avenue mark the eastern. To the south Circle Drive which is concurrent with the Yellowhead Highway, Trans-Canada Highway, and Highway 16 is included. At the southern perimeter all properties which extend from Venture Crescent and 40A Street East.

Until the late 1990s, North Industrial also included the industrial lands north of 51st Street, west of the rail line, and east of Idylwyld Drive up to 60th Street, but a reorganization of community boundaries resulted in the area north of 51st Street being redesignated Hudson Bay Industrial.

History

The Skyway Drive-In remained open until the mid 1970's and was located north of Circle Drive or 42nd Street or at the SE quarter of Section 34, Twp. 28, Range 24, Meridian W3. Presently if it was still existing it would be just north of 44th Street between Faithfull Avenue and Northridge Drive.

Retail Sector

River City Centre Mall

River City Centre Mall
RiverCityCentre.jpg
River City Centre Mall
Location North Industrial, Saskatoon, Saskatchewan, Canada
Owner Sunstone Holdings of Regina
No. of anchor tenants 6 Sport Mart, Sears Home Centre, Giant Tiger, Staples, Scott's Parables, Dollarama
Parking above ground free
No. of floors 1

River City Centre Mall is Saskatoon's first big box venture, which seems to be the new layout for developers. This River City Centre Mall located at Circle Drive and Millar Avenue sold for $22 Million in April 2006.

See also

List of shopping malls in Saskatoon

Recycling

SARCAN recycling in the North Industrial is located at 2327 Faithful Ave.[5]

Transportation

City Transit

Saskatoon Transit

Bridges

42nd Street Bridge connects the North Industrial conveniently with many major highways and cities for trucking route of the industrial sector and trading economics. The bridge also services connection between the eastern side of the City of Saskatoon enabling consumer and employee transportation.

Location

Coordinates: 52°9'42"N 106°40'2"W Coordinates: 52°09′42″N 106°40′02″W / 52.161667°N 106.667222°W / 52.161667; -106.667222

North: Hudson Bay Industrial
West: Airport Business Area North Industrial East: Lawson Heights Suburban Centre
River Heights
South: Kelsey-Woodlawn

[6]

References

  1. ^ Real Estate Hot Commodity URL accessed February 18, 2007
  2. ^ Brunsdon Junor Johnson Appraisals, Saskatoon Real Estate Market Information, Saskatoon Economy URL accessed February 18, 2007
  3. ^ Saskatoon Office Market Study - Brunsdon Junor Johnson Appraisals URL accessed February 18, 2007
  4. ^ {http://www.sreda.com/saskatoon-profile_land-building-devt.php Saskatoon Regional Economic Development Authority - SREDA}URL accessed February 18, 2007
  5. ^ City of Saskatoon · Departments · Utility Services · Environmental ... URL accessed February 18, 2007
  6. ^ Selling an Idea or a Product URL accessed January 27, 2007

External links


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