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Airdrie Qualico Retail Market Study

Date: 2019
Client: Qualico Developments West Ltd

Qualico Development Ltd. retained Urbanics to prepare a commercial demand study for a 350-acre site located in the northwest section of Airdrie, Alberta. The study provided a review of local economic conditions, site-specific factors, the competitive market environment, and a derivation of market demand for expanded retail facilities on the site. Urbanics identified challenges and opportunities for retail development. The final report recommended several development options, which included creating a neighbourhood shopping centre and phasing in diverse forms of retail development.