Warehouse Square
Lethbridge, Alberta
Building
Offering Summary
- Opportunity 5,232 SF and 7,625 SF
- Site Size 6.5 Acres
- Zoning Direct Control
- Lease Price Market Rates
- Additional Rent $7.00 PSF + utilities
- Possession Negotiable
Overview
Warehouse Square is located at the entryway to downtown Lethbridge at the highest trafficked intersection in the city. Adjacent to the retail core of downtown, the property benefits from the revitalization and redevelopment taking place in the area.
Built in 1990, this retail centre was originally owned by an institutional landlord. The site was purchased locally in 2022. Under new ownership, vacancies are being addressed and a redevelopment marketing strategy is underway which focuses on converting Warehouse Square from a traditional retail site to a quality focused mixed-use development. The redevelopment will include modern finishes and energy efficient design practices.
This aligns with the City of Lethbridge’s Area Redevelopment Plan (ARP) for the Warehouse District and the revitalization of this portion of central Lethbridge. With an overarching vision and coordinated plan for development, the city aims to establish a broader district-level vision based on extensive stakeholder engagement and a thorough understanding of the area’s past and current context.
