Qualico Commercial Builds First Phases of Southwest Edmonton Retail Centres
Edmonton, AB – In early 2020, Qualico Commercial started construction on the first phases of two retail centres in southwest Edmonton – Ambleside Centre and Edgemont Landing.
The retail centres are located in new and growing neighbourhoods where Qualico is also building many single-family and multi-family homes. The rapidly expanding neighbourhoods will provide high traffic for the retail centres’ tenants, and residents of the neighbourhoods will have easy access to the amenities the retail centres will offer.
The sites are also near major transportation nodes to assist with travel throughout the city.
“The Edgemont community is one of the fastest-growing communities in Edmonton, with little to no commercial amenities to support the community right now,” said Greg Stamler, Director, Leasing, Qualico Commercial. “The residential areas around Ambleside are fully developed now and access to the commercial site is convenient.”
The first phases of the construction at both Ambleside Centre and Edgemont Landing commenced in April of 2020 and will be completed in the first quarter of 2021. Construction of the second phases will begin in 2021, and be fully built out in the second or third quarter of 2022.
Once completed, Ambleside Centre will be approximately 104,000 sq. ft. and Edgemont will be 91,320 sq. ft.
“Aside from the centres’ attractive locations near major transportation infrastructure, some other benefits to tenants include Qualico building and holding the property (as opposed to another developer), quality construction, an attractive design and strong management,” said Greg.
Like most of Qualico Commercial’s retail developments, the anchor tenant at Edgemont Landing is a grocery store, while an anchor tenant for Ambleside is still to come. Other tenants in both centres will likely include those offering services such as medical, fast-food and dine-in restaurants, hair and nail salons, daycares, fitness centres and dental offices.
Ambleside Centre and Edgemont Landing are great examples of the mutual benefits that can be seen when Qualico Commercial is supported by Qualico Communities, and vice versa. Qualico Communities develops the residential density to support the commercial tenants leasing in the commercial developments, and the commercial tenants offer much-needed retail stores and services to residents of the neighbourhoods Qualico builds.
- Single-Family Homes
- Multi-Family Homes
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