Exclusive opportunity
CBRE Limited, on behalf of Valero Energy (“the Owner”) is pleased to offer for sale over ± 475 acres, including ± 442 acres of strategic industrial harbour lands and a ± 33 acre waterlot (known as “Halifax Gate”, “Property” or the “Site”) in Halifax, Nova Scotia, Canada. Halifax is a major shipping hub on North America’s Eastern Seaboard connecting to more than 150 countries through the world’s largest shipping lines with quick rail access to Central Canada and U.S. Midwest markets. In addition, Halifax offers a geopolitically stable market minimizing business disruptions and risks for users and investors. The offering represents an opportunity to acquire a large industrial zoned parcel of development land with key harbour infrastructure in a major eastern seaboard destination. Halifax Gate features industrial zoned lands, of which ± 200 acres have been graded and compacted. The Property provides the opportunity to build in excess of 6,500,000 sq. ft. of density, allowing for a significant industrial development. In addition, the offering includes a rare ± 33 acre waterlot with existing wharf/pier infrastructure abutting over 13 acres of waterside industrial lands, as well as large tracts of contiguous raw lands with a mix of zoning designations with future expansion potential.
Future Mount Hope Connector Road
ROYAL CANADIAN AIR FORCE
± 442 Gross Acres
Existing CN Railhead
ASKING PRICE: $90,000,000
Existing dock & dolphin structure
Property Information
Total Size ± 475 acres (± 442 acres of industrial land and ± 33 acre waterlot)
± 33 Acres*
± 33.29 acres includes wharf infrastructure and leased waterlot from Province of Nova Scotia. ± 13.76 acres of waterside land
Waterlot
I-2 - General Industry Zone with a few areas of commercial and park designations.
Zoning
100 metre dock parallel to the channel
“T-shaped” dock with 300 metre pier perpendicular to the shoreline
Permitted uses within I-2 include: heavy industrial and refinery and service industries. The Municipality is supportive of the zoning change to I-1 (light industry zone) which allows for general manufacturing, warehousing, and transportation uses among others. Please see page 14 for more information.
Three mooring dolphins which are connected to main dock by walkways
• Concrete construction • Max. berth length of 213 metres and beam of 42.7 metres
33 - 47 feet water depths outside the wharf
Wharf
* this includes the portion leased from the Province.
Halifax Gate | pg. 4
Lot lines are approximate.
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