Aspen Forest Realty
Grande Prairie East Development Project
Executive Summary
Project Name: Grande Prairie East Development Project.
Location: Grande Prairie, Alberta
Legal Description: Plan 1820041 Lot 1 Block 1
Developer: Redline Building
Project Type: Residential and Multifamily Subdivision
Land Size: 26 acres
Planned Yield: ~150 single-family lots + 2–3 multifamily parcels (held)
Zoning: Urban Reserve (rezoning in process)
Investment Opportunity
Total Capital Required: $12M
Land: Land value $4.5M
Capital Structure: Debt/Equity Funding
Use of Funds:
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$4.5M land value
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$7.5M for full servicing (engineering, permits, grading, utilities, roads, contingency)
Exit Strategy:
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Phased home sales to repay principal and generate returns
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Retain multifamily parcels for upside
Hold Period: ~24–36 months
Site Plan
Rendering
Investment & Partnership Opportunities
For more information on the Grande Prairie East Development Project, including development plans, investment structure, and next steps, we welcome you to get in touch with us.
Our team is available to discuss opportunities and answer any questions you may have.