Northern Development & Investment Group INC

Expanding Our Portfolio with Strategic Development Acquisition

Northern Developments is pleased to announce the acquisition of 605 19A Avenue in Coaldale, Alberta — now known as Coaldale Crossing. This acquisition further strengthens our commitment to investing in under-serviced high-growth communities. This 6.8-acre grocery-anchored retail development is positioned along Crowsnest Highway (No. 3) and is designed to meet the evolving needs of the region.

Why Coaldale?
📈 Growing Population: 9,375 residents and a trade area of 11,885, with 7.74% growth over the past five years.

Coaldale is experiencing significant economic investment including:
▪ $600M McCain Foods Expansion – Adding 260 new jobs
▪ $222M NewCold Facility – Strengthening the regional food production sector

Now Leasing – Retail, Inline CRU & Drive-Thru Opportunities
▪ 65,000 SF GLA with bays starting at 1,100 SF
▪ Zoning: C-2 Highway Commercial
▪ Estimated possession: Fall 2026

This acquisition reflects another step in our ongoing strategy to expand across Western Canada, creating high-quality retail environments that serve and enhance local communities.

For leasing opportunities, please contact us or our listing broker Ron Odagaki at JLL.

https://property.jll.com/en-ca/listings/grocery-anchored-retail-development-605-19a-avenue

Happy holiday from our team at Northern Developments.

Our team wishes you all the best this holiday season.