The City of Calgary engaged the Colliers consulting team to evaluate the appropriate scale, mix, and orientation of future retail-commercial facilities to optimize planned transit-oriented development around Calgary’s Anderson LRT Station.
The City was intent on pursuing higher density development around LRT Stations, with a focus on high priority locations containing substantial city properties. The Anderson Station TOD study area was a high priority site intended to serve as a model TOD in Calgary, accommodating more urban forms and a mix of uses including office, residential, and retail.
Colliers provided the following services:
- Assessed site suitability for retail uses based on key characteristics (visibility, exposure, local and regional access, auto and LRT passenger volumes, and parking)
- Interviewed retail brokers to gauge potential Anderson Station area interest in commercial facilities
- Provided detailed review of competitive retail context, including the regional-serving Southcentre Mall and nearby neighbourhood-serving Willow Park Village
- Delineated multiple local retail trade areas and examined current and future demographic characteristics, including daytime working populations
- Assessed future demand for retail-commercial facilities net of existing area supply and warranted retail floor area
- Investigated relevant mixed-use and TOD benchmark projects to draw relevant lessons and ideas and conducted Anderson Station TOD site planning workshop with city
- TOD and Land Use Planning staff.