Strathcona Update Sept. 13, 2013 Gerry Gabinet, Director Randy Richards, Manager Commercial Tyler Westover, Acting Manager Industrial Economic Development and Tourism Strathcona County
Stats Canada Update February 2012 Canada 5.9% Alberta 10.8% Edmonton 11.2% Calgary 10.9% Strathcona 12.1% Edmonton CMA 11.8% Calgary CMA 12.9% Since 2006 Yellowhead County Lethbridge County Strathcona 92,490 Sherwood Park 64,733 Rural 27,757 Growth 9,979 Urban 13.9% Rural 8.2% Total 12.1% Last 20 years 62.9% Average rate 2.45% 9/11/2013 3
Money Sense Magazine 2013: Recognition for Strathcona County 4
Money Sense Magazine 2013: Recognition for Strathcona County 5
Projected Growth Rates Alberta
Stats Canada Family Income 2010 Canada $94,125 Alberta $116,232 Edmonton CMA $114,150 Edmonton $107,644 Calgary CMA $131,937 Wood Buffalo $194,600 Rocky View $215,000 Strathcona $144,425 St. Albert $136,102 Ft. Sask $117,080 Beaumont $123,815 Sturgeon $134,419 Spruce Grove $109,363 Stony Plain $106,950 Devon $98,869
Projected Growth Rates Metro Edmonton
Projected Growth Rates
Source: City of Edmonton
Labour Update May 2013
Strathcona Growth 120000 100000 87,998 89,382 84,722 85,521 82,511 92,490 99,722 97,899 96,076 94,253 101,545 80000 25,666 25,968 26,112 26,338 26,532 27,757 27,958 28,178 28,399 28,619 28,839 56,845 58,754 59,409 61,660 62,850 64,733 66,295 67,897 69,500 71,103 72,706 60000 40000 20000 0 2006 2007 2008* 2009* 2010 2011 2012 2013 2014 2015 2016 Year 9/11/2013 12 Total Urban Rural Population
9/11/2013 13 Sherwood Park 13.3% One building 60,000 sq.ft. Then 5.9%
Source: Colliers 9/11/2013 14
Average Sherwood Park Single Family Dwelling Price Previous 12 Months Number of Sales 12 Month Period 440 1000 $433.651 430 Number of Annual Sales 900 Average Selling Price 420 410 400 $415.477 12 month Average Sale Price 847 800 700 390 380 D JF M A MJ J A S ON D J FM A M JJ A S O ND J F MA M J JA S O N DJ F M AM J J A SO Sales Previous 12 Months N D JF M A MJ J 600 500 2009 2010 2011 2012 2013 Previous 12 months ending on Month/Year 16
Cambrian Concept Plan Approx: 400 acres Total Population: 7,294 Build out: 15-20 years
Future Growth Areas Along Wye Road
Hillshire Development Concept Timing: 2013-25+ Size: 129 acres Low density -38 acres Medium -28 Medium/High 4.8 High-1.65 Commercial -2.54 Population: 2,850
Salisbury Village Development Concept
Broker Site Plans Oberfeld Snowcap
Baseline Village Redevelopment Broadmoor Baseline 9/11/2013 25
Baseline Village
Baseline Village 9/11/2013 27
9/11/2013 28
East Sherwood Chevrolet 2 rd Ford vehicle Dealer in Canada Broadmoor 9/11/2013 29
Buckingham Business Park Wexford 9/11/2013 30
Buckingham Business Park Wexford sold P sold P sold 9/11/2013 31
Buckingham Chester Building
Emerald Hills Full Build out 15,000 people around 2017 20. Draft Plans for new 25m pool and artificial sporting field. 9/11/2013 33
Emerald Hills Centre Now Open Golf Town Visions Bed Bath Beyond Winners Wal Mart Reitmans The Shoe Company Town Shoes Opa Quiznos Ardene Press d Sandwiches Bouclair Petsmart Dollarama Wine and Beyond Tony Roma s Chatters Stokes Osh Kosh Town Shoes Tommy Gun s Jones New York Binhs Nails Twisted Yogurt First Choice Haircutter s http://www.emeraldhillscentre.com/directory Ricki s Bootlegger Coming Soon Smashburger 9/11/2013 34
Capital Projects Emerald Hills Regional Park Artificial Turf (2013 2014)
Emerald Hills Urban Village Retail Co op Gas Station Tim Horton s RBC CIBC Subway Mary Browns Chicken Starbucks Rogers Pet Value Sobeys 2013/2014 Red Robin 9/11/2013 36
Centre in the Park Reflections Building 9/11/2013 37
Target: Opened May 7 Sherwood Park Mall 40 th Birthday Mall purchased by H&R Reit 9/11/2013 38
Construction 2012-13: Opened 2013 Fire hall #6 location: Bison Way (near Sherwood Drive and Lakeland Drive) 9/11/2013 39
Transit Station Construction 2012 13 Parking for 1200 vehicles 9/11/2013 40
New Double Decker Bus 9/11/2013 41
Office 67,899 sq.ft. Warehouse 107,560 sq.ft. Total 175,459 sq.ft. 9/11/2013 42
Thomas Consulting Retail Market Study Updating 2013 9/11/2013 43
Updating the Retail Market Study 2013 9/11/2013 44
NE Anthony Henday Planning Eight interchanges Nine Flyovers Two River Structures 47 Total Bridge Structures Completion date of 2016 Dec. 9/11/2013 45
Anthony Henday Plans for SP 9/11/2013 46
9/11/2013 47
Highway 16/ Sherwood Drive 9/11/2013 48
Value of Oil Industry Canada
9/11/2013 52
Existing Industrial Base Canada s largest hydrocarbon processing center home to 15 world scale facilities responsible for 43% of national basic chemical manufacturing Major center for Petroleum Refining (422 Mbdp capacity) Bitumen Upgrading (255 Mbdp expanding to 400 Mbpd capacity) Petrochemical Production (Ethylene, Styrene, Fertilizers) Natural Gas Fractionation and Processing A variety of other specialty products Approximately $1 billion in annual expenditure (excluding feedstocks) 7,500 full time direct employees 9/11/2013 53
Turn Around Activity Maintenance turn arounds at existing plant involve thousands of contractors and millions in local expenditures Shell Refinery Fall Air Liquide Shell Scotford Chemicals Sherritt International Corporation Umicore Suncor 2013 Aux Sable Sulzer Metco 9/11/2013 54
Project Updates Methodology When project announces 50% When a land purchase is completed 60% When an EIA application is made and completed 70% When a development permit issued 80% When there is tax assessment 100%
Pipelines and Terminal Activities Kinder Morgan Expansion of terminal to support Trans Mountain enhancement (recent update $5.4 B 36 line) Enbridge Pipelines Terminal and pipeline starting point for Northern Gateway project. New tanks proposed at Stonefell (8 12).Pipelines up North Interpipeline Polaris diluent terminal and pipeline expansion Access Pipeline 42 dilbit pipeline to add 350,000 bpd capacity (potential for future expansions) Keyera Energy Diluent pipeline connecting their operation in Strathcona area and Fort Saskatchewan to the Heartland Trans Canada Grand Rapids Pipeline Grand Rapids Pipeline Project and Tank Farm AIH. 24 Diluent and 42 Bitumen 9/11/2013 57
9/11/2013 58
Alberta Industrial Heartland Updates: Statoil sold 1200 acres to MEG Energy Williams PDH Plant $900 million Air Products new Hydrogen Plant $300 million Trans Canada Heartland Terminal $900 million Gulf Chemical Site sold to Pembina Atco Power Heartland Generation Station Rail terminal activity CN discussion MEG Terminal opening Fall 2013 Industrial Land Strategy to Council May 21 and approved. Gibsons Energy new tank 300,000 barrel and rail loading track
Williams Propane De hydrogenation (PDH) polymer grade propylene for plastics $900 M
Proposed Plant Site ROF North Saskatchewan River Shell Scotford Upgrader Proposed facility site Strathcona County Presentation August 13, 2013 61
Environmental Considerations The facility is to be designed with the objective of minimizing environmental impact including minimizing emissions to air, land, and water while keeping consumption of energy (fuel gas and electricity) and fresh water to a minimum. Additional environmental considerations included using leading on purpose PGP production technology with the lowest environmental footprint. o Lowest CO 2 and NO x emissions compared to other PDH technologies. o Lowest water make up rate and waste water emissions. o Spent catalyst is sent for platinum recovery and disposal. Platinum is stable and does not require special handling procedures. Water supply will be purchased from Third Party. No intake from the North Saskatchewan River proposed. 62
Key Project Milestones > Williams plan to file environmental applications to Provincial regulators in the fall of 2013. > Public Consultation ongoing until fall of 2013. > Environmental Field Studies ongoing until fall of 2013. > Pending successful review and approval by regulatory authorities, site preparation activities will commence in late 2013. > Construction commence in 2014, following receipt of approval from regulatory authorities. > Anticipate facility to be operational by early 2016. 63
Air Products New Proposed Hydrogen Plant
TC Terminals Project: Scope TC Terminals will facilitate the efficient movement of crude oil from northern Alberta and will help provide a connection to access markets elsewhere in Alberta, Eastern Canada, and the United States. Consists of six crude oil storage tanks Total storage capacity of 1.9 million barrels 4 tanks with maximum capacity of 350,000 barrels 2 tanks with maximum capacity of 250,000 barrels Proposed on a portion of 320 acres of land owned by TransCanada TC Terminals GP Ltd., a wholly owned subsidiary of TransCanada 65
Heartland Pipeline Project: Scope The Heartland Pipeline Project will assist in the movement of crude oil from Alberta s Industrial Heartland area to the Hardisty, Alberta hub. Pipeline Length: ~ 200 km Pipeline Diameter: 914 mm (36 inches) Pipeline Capacity: Applying for approximately 600,000 bbl/d with potential for an increase to 900,000 bbl/d Pipeline Starting Point: 13 km northeast of Fort Saskatchewan, AB Pipeline End Point: 7 km south of Hardisty, AB Heartland Pipeline GP. Ltd., a wholly owned subsidiary of TransCanada 66
MEG Energy Land Purchase May 15, 2013
Shell Refinery Shell Upgrader Expansion One Shell Chemicals Construction storage 9/11/2013 71
Sasol Update July 3, 2013 Optioned the site from Total. Future study required for 48,000 bpd facility. If built 5,000 construction jobs, 500 fulltime jobs. Filed the EIA June, 2013 9/11/2013 74
June 28, 2013 Revised Schedule from EIA: FEED study 30 months Approval from Board 2017 Construction Phase: One 2018, Start Up 2021
Development is about transforming the lives of people, not just transforming economies. Joseph E. Stiglitz For more information, please contact: Gerry Gabinet, Director Economic Development & Tourism gerald.gabinet@strathcona.ca Randy Richards, Manager Commercial Development randy.richards@strathcona.ca Tyler Westover, Acting Manager Industrial Development tyler.westover@strathcona.ca 9/11/2013 76