Buckingham Business Park
Sherwood Park, AB
Bordered by Broadmoor Boulevard and Lakeland Drive, Buckingham Business Park is a 150 acre greenfield land development comprised of commercial and industrial lots. Following a successful rezoning and approved subdivision plan, Wexford Developments fully serviced and developed the entire site between 2012-2014, resulting in 17 subdivided lots ranging in size from 1.3 acres to 14 acres. The total sales value of Buckingham Business Park lots will be $73 million.
The site presented tremendous development and engineering challenges due to a 15 meter elevation difference from South to North in addition to numerous environmental reserves and a complex storm water management plan. The site set a new precedent in Sherwood Park for greenfield land development and includes a comprehensive pedestrian walkway system, a 10 acre regional park, and 30 acres of ponds and environmental reserves.
Major Tenants / Purchasers
Canadian Hydrovac Ltd.
Volker Stevin Highways Ltd.
Wexford Developments LP
Site Size: 100 net acres
Status: Fully serviced, 90% Sold.
Arterial Commercial (40 acres) 10.2 ACRES REMAINING
Service Commercial (19 acres) SOLD OUT
Light Industrial (11 acres) SOLD OUT
Medium Industrial (30 acres) SOLD OUT
Land Developer: Wexford Developments LP
Engineer: Select Engineering (Phase 1: 16 gross acres)
Engineer: Urban Systems (Phase 2-4: 135 gross acres)