SearchWoodland Park Shopping Centre

SearchWoodland Park Shopping Centre

Woodland Park Shopping Centre

100 Jamieson Pkwy, Cambridge, Ontario N3C 4B5

Marketing Announcement

For virtual view of vacant space available for lease, click the links below:

Unit # 3

https://my.matterport.com/show/?m=68hyqxQzhhn

Unit #7

https://my.matterport.com/show/?m=dfa97X3ipKD

Building Description

In 1987, Terracap purchased approximately 7 acres of development land in Cambridge, Ontario,. and developed into a 65,000 square foot neighbourhood shopping centre, anchored by a 31,000 square foot Food Basics grocery store.

When A&P, the original grocery store on the site, went dark in the early stages of development, the plaza lost several other tenants.

Terracap renegotiated with A&P to reopen with their Food Basics concept, expanding from 25,000 square feet to 31,000 square feet, and the centre acquired a McDonalds’ restaurant pad which kick started the development of the site into the strong neighbourhood, grocery anchored retail center that it is today.

Features

Close to Hwy 401
Ample parking

Value

11

SqFt

65,000 Sq. Ft.

Short Description

Woodland Shopping Centre is a 65,000 square foot neighbourhood shopping centre developed by Terracap in Cambridge, Ontario. The centre is leased to tenants including Food Basics, Royal Bank and McDonald’s.

Terragreen

Terracap is embarking on a program to ensure that all our properties implement initiatives that adhere to principles of environmental sustainability where practical and these initiatives are representative of ongoing efforts to implement a comprehensive program. The 65,000-square foot Woodland Park Shopping Centre has completed an energy audit and has upgraded all outside lighting including the parking area to LED lighting. A new HVAC unit has been installed to achieve additional energy savings. Tenants can recycle cardboard and water conservation is achieved via drought resistant landscaping and reduced watering times. For more information about the Terragreen program visit our News page.

General

Building Website www.woodlandparkplaza.com

Tenant Cost

Retail Profile

Number of Floor(s) 1

Parking

Operating Hours

Anchor Tenants

Demographics

Primary Trade Area

Population 432,909

Number of Households 180,379

Average Household Income $ 68,733.00

Secondary Trade Area

Population 866,863

Number of Households 361,193

Average Household Income $ 38,381.00

Demographic Source Demographics Cambridge has been characterized by rapid growth in recent years. According to recent Economic Development estimates, the projected population for 2031 is 180,000. According to the Canada 2006 Census, Cambridge is populated by people of a European ethnic background – 90.2%, mostly those of English (31,400), Scottish (20,625), Irish (19,040), German (14,110), Portuguese (10,685) and French (10,040) origins. Many Newfoundlanders (mostly from the Conception Bay and Bell Island area) have migrated to Cambridge, mostly due to the closure of the iron ore mines on Bell Island. The city is largely Christian at 80.2%, followed by non-religious people who number 15%. Muslims, Hindus and other faiths make a little over 5% of the population. Over the last few years the numbers of Indians, Pakistanis and Afghans moving in from other urban areas or immigrating from their respective countries, has doubled and tripled. Cambridge is also much younger than the national average. 21.6% of the population are under 14 years of age. Only 11% of the population is over 65, resulting in an average age of 35.2, slightly lower than the national average. Attractions A Ricepaper butterfly photographed at Cambridge Butterfly Conservatory, a year 'round attraction where visitors can walk amongst butterflies in a tropical conservatory Historical plaque for the Mill Race, Cambridge, Ontario The new Hespeler Library was created by building a glass cube around the historic Carnegie library. The environmentally responsible building features recycled white oak floors and a ceramic treatment on the glass to reduce sunlight intensity. Cambridge is home to many cultural events and activities, including the Mill Race Festival and the Rock the Mill music festivals in downtown Galt. Cambridge also has the Cambridge Highland Games in Churchill Park in July. There's also Cambridge Butterfly Conservatory the annual dragon boat festival, the Cambridge fall fair which has been entertaining locals and visitors alike for over 100 years. The Cambridge Santa Claus Parade is one of the first city parades in Ontario to go to the night-time format. There is also the festive 'Christmas in Cambridge' winter festival at Christmas featuring events like Unsilent Night, which began in New York City by Phil Kline. The City of Cambridge's take on this event uniquely involves other aspects of the community such as Christie digital projection technology. University of Waterloo School of Architecture Cambridge students in Dr. Jeff Lederer’s Urban Revitalization and Design class designed the spectacular light installations. The Cambridge Farmers’ Market has been in operation in the original building on the original site circa 1830; making it the third oldest market in the country. The Cambridge Farmers’ Market is now ranked as one of the top 10 markets in the country by Best Health Magazine. All the vendors come from within a 100 km radius to sell fresh fruits, cheese, vegetables, baked goods and more. The Cambridge Centre of the Arts is a municipally operated community Arts Centre that is available to area residents, artists and organizations. The Arts Centre officially opened May 2001. Cambridge Galleries are a part of the Cambridge Public Library system with art exhibition spaces at Queen's Square, Preston and the new Design at Riverside location. Together, the three galleries host approximately 23 exhibitions per year. In June 2008, the new Cambridge City Hall facility opened as the first city hall in Canada to achieve the ranking of gold in the LEED from the Canada Green Building Council. The $30 million project was completed on time and on budget, and financed through a settlement of a loan with the city’s hydro utility. A conservative estimate comparing a standard 85,000-square-foot (7,900 m2) building to the new City Hall LEED standard building results in a $160,000 savings on energy per year or some $1.6 Million over 10 years. The open concept of the facility allows for greater air flow, reducing cooling costs and increasing the penetration of natural light to offset other light sources. A four-story "living wall" of tropical plants is located in the atrium and cleanses the air of pollutants such as formaldehyde, volatile organic compounds, dust, and spores. Behind the living wall is a running water supply that provides humidity during the winter months and a soothing sound for employees and visitors to enjoy all year round. The historic city hall in Cambridge was built in 1858 by local architect H.B. Sinclair for $3,650, replacing the original structure built in 1838. Built of granite and white limestone, locally-found blue granite was used as a decorative feature. The Historic City served as the community's town hall and market place. Today, the Historic City Hall and the New City Hall are connected by a hallway constructed shortly after the New City Hall was built. In the tradition of environmental stewardship, Cambridge preserves over 365 hectares of parkland which make up more than 80 parks in the city, as well as over 140 km of bike on-road cycling lanes.

Marketing Announcement

For virtual view of vacant space available for lease, click the links below:

Unit # 3

https://my.matterport.com/show/?m=68hyqxQzhhn

Unit #7

https://my.matterport.com/show/?m=dfa97X3ipKD

Downloads

Theresa HoangCoordinator, Leasing & MarketingTerracap Management Inc.

416-222-9345 Ext 5555

thoang@terracap.ca