SOLD CONDITIONAL - HWY 48 & Main St. Stouffville Land Assembly

Overview

ID: #1573
Price: $ 18,500,000
Type:
Location: Stouffville/Whitchurch Stouffville

*** Contact me directly for a Full colour Executive Summary of the project in PDF format ***
STOUFFVILLE WESTERN GATEWAY PROJECT

HWY 48 & Main St, Stouffville Ont
Updated June 12, 2017
EXECUTIVE SUMMARY

Executive Summary

Property Information:

The HWY 48 & Main St Project is located in the North East corner of the intersection of HWY 48 and Main St Stouffville and is comprised of 9 properties equaling 6.8 acres total. The accompanying 16 acres directly to the East of the 9 properties is also available as a Joint Venture project.

– 17.5 mil – Purchases the 6.8 acres of land.

Objectives: (cited from the Town of Whitchurch-Stouffvilles website listed below)
The Community of Stouffville is the focus for development in the Town of Whitchurch-Stouffville and, in turn, Main Street is the focus for the Community’s unique small town character. However, the intersection of Highway 48 and Main Street – the main “gateway” to the Community of Stouffville – does not currently provide the distinctive entrance which is required to welcome residents and visitors to the Community, and to link the area to the “Western Approach”.
This situation reflects a number of constraints to development in this area including the character of the roads, the extensive floodplain, the significant natural heritage features and the need to address the provision of services to the area. However, the limited development in the area also provides opportunities for the creation of a distinctive Gateway Mixed Use Area and this also applies to the adjacent portions of the Western Approach.
The Community of Stouffville Secondary Plan establishes that the Town may prepare a detailed precinct plan, including a concept plan, which will address not only design issues, but will provide a specific strategy to address and resolve constraints to development in this area. The current study will result in the development of the required plan and strategy with the intent of “kick starting” development of this key gateway to the Community of Stouffville.

Secondary Plan for the Town of Whitchurch-Stouffville:
http://www.townofws.ca/en/residents/resources/documents/official_plan/ws_official_plan_section_12.pdf

Western Gateway Study Plan:

Please click link below for the plans and report study along with a number of additional links with mapping, reports, environmental reports and more.

http://www.townofws.ca/Modules/News/index.aspx?feedId=d3b4252b-1600-4dcb-a9e1-943bc25d1d35&newsId=4242da8d-e676-4ccc-9419-9b8b5a78f781

For individual Reports:
Related Reports and Information:
ο Background Transportation Conditions Report
ο Environmental Characterization Report NRSI
ο Stormwater Management and Floodplain Assessment
ο Water and Wastewater Background Study
ο Community of Stouffville Secondary Plan
ο Council Report July 21, 2015: Terms of Reference: Gateway Mixed Use Study
ο Location Map
ο Terms of Reference
ο Memo re: Contract Award for Community of Stouffville Gateway Mixed Use/Western Approach Study
ο Council Report October 20, 2015: Contract Award for Community of Stouffville Gateway Mixed Use/Western Approach Area Land Use Study

STATEMENT REGARDING THE USE AND DISCLOSURE OF INFORMATION
The enclosed documentation is to be provided only to Accredited Investors who are financially sophisticated in Real
Estate Investing, Real Property Acquisition, or experienced in the Development of Real Property/Real Estate.
FORWARD LOOKING INFORMATION
The information being provided contains forward-looking information within the meaning of the Securities Act and its associated rules and regulations. Forward-looking information includes any disclosure regarding possible events, conditions or financial performance that is based on assumptions about future economic conditions and courses of action and includes future-oriented financial information with respect to prospective financial performance, financial position or cash flows that is presented either as a forecast or a projection.
Forward-looking information is included in all aspects of management’s assessment of future plans, operations, revenues and expenses. Forward-looking information is included in the costs and pricing estimates, construction plans, revenue projections, sales prospects and management’s opinions with respect to the timing and success in navigating the regulatory bodies involved in this specific project as well as all other items relating to the timing for completing the necessary steps required by all governing bodies involved.
Management has made best efforts to ensure the accuracy of any forward-looking statements to the best of management’s ability with the information available and management updates its forward-looking information as it becomes available.
There is no ability to ensure that any projections, estimates or other forward-looking information will be proven correct. The projections and estimates for this specific project are based on the current market conditions that existed at the time it was prepared for the purposes of estimating the financial needs of this specific project until it generates revenue. Readers are cautioned not to rely on the forward-looking information and to ensure they understand the estimates, assumptions and context in which forward- looking information is provided. Actual performance and financial results during any time period set out in the information provided may differ materially from any forward-looking information including, any estimates or projections provided.
ASSUMPTIONS
Management has made assumptions regarding its production capabilities, capital expenditures, demand for product, pricing of product, the impact of competition, the ability to obtain financing, regulatory hurdles, municipal restrictions, timing of the market, seasonal restrictions, scheduling and other estimates and information provided that is not necessarily all based on historical facts.
MATERIAL RISKS AND FACTORS THAT COULD CAUSE ACTUAL RESULTS TO VARY
The details of this specific project proposes to operate in the purchase, development, and sale of real property. There are risks inherent in the acquisition and development of real property from market fluctuations, government regulations, conservation rulings, currency fluctuations and other causes. Management has attempted to identify and mitigate such risks but such risks remain. There are ongoing operational risks in dealing with a real property as well as the possibility of changes in government policies and regulations at the federal, provincial and municipal levels. Changes in any such regulatory areas may prevent, delay or otherwise impact production, expenses and revenue. Such risks may change or significantly influence the estimates and projections provided with these materials.
GENERAL
The lists of assumptions, risks, and estimates are not exhaustive of all the possible uncertainties involved in the business and all information provided with this document is provided at the request of the individual to whom it is delivered by management for the purposes of review and consideration of the specific projects business plan. No other use of this information is intended, authorized or permitted. This document is intended only for the specific individual to whom it is delivered by management and is not being offered to the public or anyone else under any circumstances.
The recipient acknowledges that should they proceed with an investment in the project that:
1. the recipient could lose their entire investment _
2. the investment may not be able to be sold quickly or at all; and _
3. the investor may receive little or no information about their investment. _
Should the recipient of this information determine that it is in their interest to make an investment in the Company the recipient acknowledges that any information provided was provided at the request of the investor and that a determination to invest was not made on the basis of the materials provided but was made on the basis that the investor is financially sophisticated and able to review the potential success of the project independent of any information provided by management or otherwise.
No representation, written or oral is made that anyone will resell or repurchase or otherwise refund any or all of the purchase price paid for any investment. No promises are or will be made as to the future value or price of any security purchased.

Thank you for your consideration.

All Information, attachments, links and photographs are from the Town of Whitchurch-Stouffvilles website at www.townofws.ca (Study date and publication date – Monday December 14, 2015)

Exclusively Listed
Listings are in no way shape or form listed with Adam Ratcliff, Remax All-stars Brokerage Inc on MLS

Map