INDUSTRIAL OPPORTUNITY - 28 ACRES DEVELOPMENT LAND - LOOPNET

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INDUSTRIAL OPPORTUNITY - 28 ACRES DEVELOPMENT LAND - LOOPNET
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For Sale | 353 Townline Rd., Niagara-on-the-Lake, ON

Industrial Opportunity                              RALPH ROSELLI | Sales Representative
                                                    SIOR
                                                                    +1 905 329 4175
±28 Acres Development Land                                 ralph.roselli@colliers.com

                          Accelerating success.
INDUSTRIAL OPPORTUNITY - 28 ACRES DEVELOPMENT LAND - LOOPNET
PETRO PASS
                                                           TRUCK STOP

                                                                                                                                                                                                                                                     Niagara-on-the-Lake, One of Canada’s best-kept secrets
YORK ROAD
                                                  HILTON GARDEN INN
            PUROLATOR
                                                                                                                   Table of contents
                                  NIAGARA JUICE
                                    COMPANY
                                                                                                                   Boundaries............................................................................................................4 - 5
                                                     DISTRICT 5 FIRE
                                                        STATION

                                                                   TOWNL                                           Location overview.................................................................................................6 - 7
                                                                        INE RO
                                                                              AD

            HENRY SCHEIN CANADA                                                                                    Salient Facts................................................................................................................ 8

                                           353 TOWNLINE ROAD                                                       Preliminary Plan......................................................................................................... 9

                                                                                                          QUEE
                                                                                                           NSTO
                                                                                                                   Zoning & Official Plan...................................................................................... 10 - 15
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                                                                                                                   Area Overview.................................................................................................. 16 - 24

                                                                                                             AD
                                                                                                                   Offering Process.......................................................................................................25

                                                                                                                   Disclaimer.................................................................................................................25

                                                                                                                   Contact....................................................................................................... Back cover
                                                                                                                     •
     353 Townline Rd., Niagara-on-the-Lake, ON is a vacant ±28.18 Acre L-shaped parcel in the Glendale
     Urban Area at the entrance to Niagara-on-the-Lake, ON. Located on Townline Road, just south of
     Queenston Road and east of Glendale Avenue, the property is surrounded by Prestige Industrial,
     Light Industrial and Rural Residential uses and offers the potential to create multiple industrial
     lots.                                                                                                                                                                                                                                                      3
INDUSTRIAL OPPORTUNITY - 28 ACRES DEVELOPMENT LAND - LOOPNET
Niagara-on-the-Lake, One of Canada’s best-kept secrets
    Glendale Urban Boundary Line

                                                                                                  Urban and Property Boundaries

                                              Subject Property

                                                                 Townline Road
                                                                                 Westwood Court

                                                                                     York Road

                                         ad
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                                    ale
                                    nd
                                   Gle

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INDUSTRIAL OPPORTUNITY - 28 ACRES DEVELOPMENT LAND - LOOPNET
Niagara-on-the-Lake, One of Canada’s best-kept secrets
                                        Location
                                        353 Townline Road is located south of Queenston Road and east of Glendale Avenue on Townline Road in the
                                        Glendale Urban Area at the entrance to Niagara-on-the-Lake, ON. The QEW Highway is a ±5 minute drive along
                                        Glendale Avenue. The property is surrounded by Prestige Industrial, Light Industrial and Rural Residential uses.
                                        The subject is within the Glendale Secondary Plan, adopted in 2010; however, as Glendale has not developed as
                                        anticipated, the District Plan’s vision and key directions will be used to update the Secondary Plan. The update will
                                        also be informed by technical component studies including a review of transportation and infrastructure. The new
                                        Secondary Plan will implement the direction of the District Plan for Glendale to realize its potential and transition
                                        to a complete community.

                 Drive Times
    5 minutes    St. Catharines
    10 minutes   Niagara Falls
    3 minutes    QEW Highway
    30 minutes   Hamilton
    60 minutes   Toronto

    13 minutes   Lewiston, NY, U.S.A.
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INDUSTRIAL OPPORTUNITY - 28 ACRES DEVELOPMENT LAND - LOOPNET
PROPERTY

                                                                                                                                                                                 Niagara-on-the-Lake, One of Canada’s best-kept secrets
OVERVIEW
           Salient Facts                                                                                                 Preliminary Plan
           Address                     353 Townline Road, Niagara-on-the-Lake, ON LOS 1J0
           Price                       Open to offers

                                       PT LTS 180 & 181 NIAGARA TWP, PTS 1 & 4 30R9813; NIAGARA-ON-THE-
           Legal Description
                                       LAKE
                                       The Property is located along the east side of Townline Road, south of
           Location
                                       Queenston Road.
           Ownership Interest          For Sale

           Current Zoning              PI - Prestige Industrial, LI - Light Industrial & OSF - Open Space Key Features

           Official Plan Designation   Prestige Industrial, Light Industrial & Conservation
                                       The subject property is an L-shape parcel that consists of approximately
                                                                                                                                                    Subject Property
                                       28.182 acres of land with a frontage on the east side of Townline Road of
                                       ±268 feet. The boundary dimensions are approximate. ±4.6 acres along
           Site Dimensions             the northwest corner of the subject is the NPCA Approximate Regulation
                                       Lands with the remaining acreage developable, subject to buyer’s own
                                       due diligence with the NPCA, Town of Niagara-on-the-Lake, and the
                                       Region of Niagara.
           Total Site Area             ±28.18 Acres

           Location                    Inside Glendale Urban Area Boundary                                                          ±0.5 acres - NPCA Est.
                                                                                                                                    Non-Developable Area
           Services                    All services are available at the property line                                              (Subject to severance) -           ±0.5 ac
                                                                                                                                    ‘Bright’s Drain’
           Access                      Two separate access points

           Asking Price                $14,000,000.00

                                       •   Environmental Phase 1 & 2
           Reports/Studies             •   Geotech
           Completed                   •   EIS
                                       •   Archaeological Stage 2
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INDUSTRIAL OPPORTUNITY - 28 ACRES DEVELOPMENT LAND - LOOPNET
Niagara-on-the-Lake, One of Canada’s best-kept secrets
     Zoning
      The property is presently designated Prestige Industrial, Light Industrial, and & Conservation in the Niagara-on-the-
      Lake Official Plan and zoned Prestige Industrial, Light Industrial and in the Township’s Zoning By-law No. 4316-
      09. The current policy framework applicable to the site intends that “the lands so zoned shall be developed for
      residential purposes at a subsequent date. The appropriate zone category shall be established through a zoning
      By-law amendment.” In order to achieve a residential development, an Official Plan Amendment and a Zoning By-
      law Amendment would be required.

      Official Plan Amendment

      The adjacent east & north lands are zoned with the “Residential R2 Zone” and “Residential Multiple (RM1) Zone”
      designation, which is appropriate for intensified development and/or redevelopment of residential form. Lands
      that are designated as such are ideal locations for a residential community development. Given the site’s location
      within the Virgil Urban Area, and its proximity to adjacent surrounding residential zoned uses, the subject property
      is considered an appropriate location to accommodate a residential community development, subject to buyer’s            Subject Property
      own due diligence with the Town of Niagara-on-the-Lake, ON.

      Zoning By-Law Amendment

      It is recommended that the site be rezoned to “Residential R2 Zone” (R2) or higher in order to accommodate a wider
      range of residential building types. Additionally, the amendment should include site specific provisions to permit
      residential development. Future proposals may require additional amendments to the site specific performance
      standards, subject to the proposed design submitted as part of the application.

      The following table shown on the adjacent page outlines the development standards of the “Residential R2 Zone”
      (R2) and the “Residential Multiple (RM1) Zone” designations that could be applied to the subject site through a
      Zoning By-law Amendment application, including the site specific request for a residential development, subject to
      buyer’s own due diligence with the Town of Niagara-on-the-Lake.

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INDUSTRIAL OPPORTUNITY - 28 ACRES DEVELOPMENT LAND - LOOPNET
Niagara-on-the-Lake, One of Canada’s best-kept secrets
     Permitted Uses
     11.12 LIGHT INDUSTRIAL (LI) ZONE                                   11.13 PRESTIGE INDUSTRIAL (PI) ZONE
     In the Glendale Community Zoning District – Light Industrial       In the Glendale Community Zoning District – Prestige
     (LI) Zone, no land shall be used and no building or structure      Industrial (PI) Zone, no land shall be used and no building
     shall be used, altered or erected except in accordance with the    or structure shall be used, altered or erected except in
     following uses and provisions:                                     accordance with the following uses and provisions:
     11.12.1 Permitted Uses:                                            11.13.1 Permitted Uses:
     (a) business or professional Office                                (a) assembly hall
     (b) business office that supports an industrial operation on the   (b) automotive gas and service stations on sites fronting York
     same site                                                          Road provided that such areas are not located on a corner lot
     (c) construction and agricultural equipment sales and rental       where two public roads meet.
     facility                                                           (c) corporate or business office
     (e) data processing establishment                                  (d) educational facility
     (e) dry cleaning and laundry plants                                (e) goods distribution and warehousing, including a mini-
     (f) fabrication                                                    warehouse
     (g) goods distribution and warehousing, including a mini-          (f) information processing
     warehouse                                                          (g) manufacturing and assembly
     (h) industrial and transportation servicing and maintenance        (h) one hotel, including conference facilities, with a maximum
     facility                                                           of 120 rooms south of the QEW, provided it is a component of
     (i) laboratory                                                     an office complex.
     (j) manufacturing and assembly                                     (i) printing and binding establishment
     (k) marihuana for Medical Purposes Production Facility             (j) public use
     (l) printing and binding establishment                             (k) research and development facility
     (m) public use                                                     (l) retail use as a subsidiary to a permitted use.
     (n) research and development facility                              (m) restaurant use and convenience store use provided that
                                                                        such uses are located on the ground floor of an office building.
     (o) retail use as subsidiary to a permitted use
                                                                        (n) secondary uses in accordance with Section 6.57
     (p) secondary uses in accordance with Section 6.57
12   (q) service establishment
                                                                        (o) trade or commercial school                                     13
INDUSTRIAL OPPORTUNITY - 28 ACRES DEVELOPMENT LAND - LOOPNET
Niagara-on-the-Lake, One of Canada’s best-kept secrets
     Permitted Uses                                                     Official Plan Map
     11.16 OPEN SPACE – KEY FEATURES (OSF) ZONE
     (Notes: Significant Natural Heritage and Hydrologic Features)
     11.16.1 Permitted Uses:
     (a) existing accessory Building or Structure (in accordance with
     Section 6.1)
     (b) existing Agricultural Farm
     (c) existing Agricultural Related Uses
     (d) existing Dwellings (i.e. farm and non-farm)
     (e) expansions of (a) to (d) inclusive, subject to an EIS
     (f) conservation Management Activities and Uses
     (g) existing Boathouses and Docks
     (h) public Boat Launch and Dock, subject to an EIS
     (i) existing Cemetery
     (j) existing Historic Sites and Forts                                                  Subject Property
     (k) existing Public Parks
     (l) existing Secondary Use (in accordance with Section 6.49)
     (m) municipal Irrigation and Drainage Systems, including dams
     (n) uses pursuant to the Niagara Parks Act on Niagara Parks
     Commission land in accordance with Section 1.2

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INDUSTRIAL OPPORTUNITY - 28 ACRES DEVELOPMENT LAND - LOOPNET
AREA

                                                                                                                                                                                                 Niagara-on-the-Lake, One of Canada’s best-kept secrets
OVERVIEW
           Niagara-on-the-Lake, Ontario Canada                                                                       Glendale Area Demographics
           Niagara-on-the-Lake, a southern Ontario town that sits on the shores of Lake Ontario,                      According to the 2016 Census, the population of Glendale was
           at the mouth of the Niagara River. It is located in the Niagara Peninsula, between St.                     approximately 2,900, with just over half of the population residing
           Catharines and the Niagara River, at the point where the Niagara River meets Lake Ontario,                 in the Niagara-on-the-Green subdivision.
           and is across the river from New York, United States. Niagara-on-the-Lake is known for its                 As of the fall of 2019, approximately 4100 full-time students and
           wineries, the summer Shaw Festival, with a series of theatre productions, and Fort George,                 240 part-time students were registered to attend courses at Niagara
           built by the British in the 19th-century to defend against American attacks.                               College’s Niagara-on-the-Lake campus. An estimated 500 Niagara
           Niagara-on-the-Lake is the governing centre for the communities of Virgil, St. David’s &                   College students reside in both on-campus and off-campus housing
           Queenston and also one of the fasting growing areas in the region, with a growth rate of                   within the study area.
           13.71% over 2011 in the 2016 Census. Niagara-on-the-Lake is primarily an agricultural                      In addition to the residents and student population, approximately
           farmland and residential community, with vineyards and wineries in abundance.                              10 million people visited Niagara in 2016, with a substantial portion
           The subject is located within the Glendale Urban Area. The majority of Glendale is located                 of visitors either driving through Glendale or visiting the study area’s
           within the Town of Niagara-on-the-Lake, while the southwest corner falls within the City                   attractions and amenities.
           of St. Catharines. Approximately 370 hectares of the Glendale District Plan study area is                  According to Niagara Region’s 2019 employment survey, 88
           within the urban boundary. The remainder of the lands are outside of the urban boundary.                   businesses that employ 4,468 people are located within Glendale,
           Surrounding land use is designated Employment on the Official Plan and primarily consist                   with 71 per cent (i.e. 3,221) of the jobs reported as being full-time
           of prestige and light industrial uses, including Scott’s Labs, Purolator, District 5 Fire Station,         positions. The largest employers in the study area are the Outlet
           and Henry Schein, to name a few. Adjacent south and west of the property are hospitality                   Collection at Niagara, Niagara College, White Oaks Resort, Henry
           and rural residential uses.                                                                                Schein Canada, Niagara Emergency Management Services (EMS)
                                                                                                                      and First Student Canada.

              $85,466      NEW Planned Niagara-on-the-Lake    Industrial   Median    Lot Size   QEW Hwy.
            Median Total   Public Transit Total Pop. 17,511     Zoning     Age 46   ±28 acres    Access
             Household      Hub in Area    2016 (+13.7%)
INDUSTRIAL OPPORTUNITY - 28 ACRES DEVELOPMENT LAND - LOOPNET
Niagara-on-the-Lake, One of Canada’s best-kept secrets
     Glendale District Plan                                                                                                    Glendale Employment Area
      The Glendale District Plan is a pro-                                                                                     The employment area recognizes the existing cluster of industrial businesses that will be maintained and protected for
      active development strategy which                                                                                        employment uses over the long term. This area will provide employment opportunities for Glendale and the broader
      sets out a high-level framework                                                                                          municipality. It is well positioned to benefit from the Niagara District Airport, access to the QEW and close proximity
      for the land use planning, design                                                                                        to international borders. Future development proposals could include a circuit of new roads, enhanced urban design
      and development of a complete                                                                                            guidance and sustainability elements.
      community. Glendale will benefit
      from a District Plan to direct future
      growth and guide the transformation
      of the area into a vibrant, compact,
      complete       mixed-use       urban
      environment.
      The Glendale study area is approximately           The Glendale District Plan is comprised of nine key directions that
      700 ha generally bound by Queenston Road           reflect the vision and provide a path forward for the creation of a
      to the north, the Niagara Escarpment to the        complete, vibrant community. Each direction includes a description
      south, Concession 7 Road to the east, and the      and strategies. A series of recommendations are also provided for                                                                               Subject Property
      Welland Canal to the west. The QEW bisects         consideration through the implementation of the plan.
      the study area and includes the Glendale
      Avenue interchange.
      The creation of the District Plan was a
      collaborative process with participation from
      the local municipalities, key stakeholders, the
      Technical Advisory Committee, a Community
      Focus Group and the general public. Input from
      these sources and information collected about
      the Glendale area assisted in establishing the
      vision and key directions to transform Glendale.
      The District Plan will be implemented through
      an amendment to the Niagara Region Official
      Plan, a review and update of the Glendale
      Secondary Plan, and on ongoing, consistent
      collaboration amongst the key partners and
18    stakeholders.
                                                                                                                                                                                                                                                         19
                                                         Source: Glendale District Plan | Complete Community
Niagara-on-the-Lake, One of Canada’s best-kept secrets
     Transit & Community Hub
      The transit hub and community hub is combined at the corner of Taylor Road and Glendale
      Avenue. The Community Hub is planned to accommodate community facilities for recreation
      and services. This may include a recreation space, multi‑purpose rooms, daycare and a library.
      Opportunities could also be explored for a mixed-use building where the community facilities are
      located on the ground floor with residential units above. Transit terminal facilities for ticketing,
      tourist information, washrooms, concessions and indoor waiting areas could be incorporated into
      the community building.
      The transit station will be a multi-modal hub. The hub will have the potential to accommodate
      many forms of transit, such as local, inter-municipal, GO, tourism and on-demand. The facility
      may provide car-share or bike-share facilities in the future. A large parking area will be provided;
      however, it can adapt to future development opportunities should the need for parking decrease
      in the future.

                                                                                                                                                                   Subject Property

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      Source: Glendale District Plan | Complete Community                                                    Source: Glendale District Plan | Complete Community
Niagara-on-the-Lake, One of Canada’s best-kept secrets
     Glendale Area - Demonstration Plan: Example at Build Out

                                                            Subject Property

                                                                               AERIAL VIEW FACING TOWNLINE ROAD

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      Source: Glendale District Plan | Complete Community                      AERIAL VIEW FROM TOWNLINE ROAD
Niagara-on-the-Lake, One of Canada’s best-kept secrets
     Area Businesses                                                      Offering Process                                            Disclaimer
                                                                          Prospective purchasers are invited to submit Offers         Neither the Vendor nor Colliers, nor any of their respective
                                                                          to Purchase the Property through Colliers Niagara for       affiliates, directors, officers, shareholders, employees, agents,
                                                                          consideration by the Vendor. Any Offer to Purchase          solicitors, accountants, advisors or other representatives, makes
                                                                          the Property (the “Offer”) is to be submitted to Colliers   any representations, declarations or warranties, express or
                                                                          Niagara on the Vendor’s standard offering form              implied, as to the accuracy or completeness of the information or
                                                                          (available upon request from Colliers Niagara).             statements contained in this Brochure or of any other information
                                                                          Prospective purchasers are invited to submit Offers         provided or statements made by Colliers, the Vendor or its agents,
                                                                          for 353 Townline Rd., Niagara-on-the-Lake, ON, L0S          and such material, information, or statements should not be relied
                                                                          1J0 to the Listing Agent(s).                                upon by prospective purchasers without independent investigation
                                                                                                                                      and verification. This Brochure does not purport to be all inclusive
                                                                          All Offers to purchase the Property will be evaluated
                                                                                                                                      or to contain all the information that a prospective purchaser
                                                                          based upon, but not limited to, the structure proposed
                                                                                                                                      may require in analyzing the Property. The information on which
                                                                          by the prospective purchaser, the net proceeds to the
                                                                                                                                      this Brochure is based has been obtained from various sources
                                                                          Vendor, the prospective purchaser’s ability to complete
                                                                                                                                      considered reliable. All materials, information or statements are
                                                                          the transaction, and the timeliness and proposed
                                                                                                                                      provided as a convenience to prospective purchasers only. The
                                                                          conditions of closing.
                                                                                                                                      Vendor and Colliers and their respective affiliates, directors, officers,
                                                                          The Vendor will negotiate with the prospective              shareholders, employees, agents, solicitors, accountants, advisors
                                                                          purchaser(s) whose purchase proposal is judged to be        and other representatives expressly disclaim any and all liability
        NIAGARA COLLEGE                        NIAGARA DISTRICT AIRPORT   most attractive to the Vendor, in its sole and absolute     for any errors or omissions contained in this Brochure or in any
                                                                          discretion. The Vendor is not obliged to accept any         other oral or written communications given or made available to
                                                                          Offer and reserves the right to reject any or all Offers    prospective purchasers.
        WHITE OAKS RESORT & SPA   OUTLET COLLECTION AT NIAGARA            received.
                                                                          At any time prior to entering into an Offer, the Vendor     The Vendor and Colliers reserve the right to withdraw, amend or
                                                                          may request additional information from prospective         replace all or any part of this Brochure at any time and undertake
                                                                          purchasers. Failure to provide such information             no obligation to provide prospective purchasers with access to any
                                                                          on a timely basis may result in the termination of          additional information, other than as contemplated by the Vendor’s
                                                                          discussions. The Vendor reserves the right to end           form of Offer. In all cases, prospective purchasers should conduct
                                                                          the sale process in respect of the Property or to cease     their own investigation and analysis of the Property.
                                                                          discussions with any and all prospective purchasers at
                                                                          any time prior to accepting an Offer, without notice or     Any Sale of the Property will be subject to the terms of an accepted
                                                                          liability.                                                  Offer, which will supersede all prior communications, including this
24                                                                                                                                    Brochure.                                                                   25
Industrial Opportunity: ±28 Acres Development Land
353 Townline Rd., Niagara-on-the-Lake, ON
RALPH ROSELLI | Sales Representative
SIOR
+1 905 329 4175
ralph.roselli@colliers.com

                  Colliers International Niagara Ltd., Brokerage | 82 Lake Street, Suite 200 | St. Catharines, ON L2R 5X4 | +1 905 354 7413 | www.collierscanada.com/niagara
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