T&C investments hoping to capitalize on Hwy 22 and 27 traffic

Forty-five minutes in the Sundre Tim Hortons was enough to convince Travis Cadman of the potential of the adjacent commercial property. “There are over 10,000 cars a day that go through that intersection,” said Cadman, referring to the corner of Hwys 22 and 27, where the coffee shop is located.

Forty-five minutes in the Sundre Tim Hortons was enough to convince Travis Cadman of the potential of the adjacent commercial property.

“There are over 10,000 cars a day that go through that intersection,” said Cadman, referring to the corner of Hwys 22 and 27, where the coffee shop is located.

T&C Investments Ltd., of which Cadman is a director, sold that lot to Tim Hortons.

But the Olds-based development company still owns the next two lots, and is preparing to build a 7,100-square-foot commercial centre on one of them.

Cadman said he’s close to striking a deal for a convenience store and gas bar to occupy part of that centre, and is talking to potential liquor store operators about leasing another bay.

The final 2,100 square feet could end up being used for anything from a food service business to office space, he said, adding that there should be plenty of interest once the gas bar and liquor store are confirmed.

“I just know once I get those in place I’m going to get a pretty strong tenant that’s going to want to capitalize on the traffic that’s being generated to the location because of these uses in the area.”

The fact that Tim Hortons, which opened in Sundre last fall, was prepared to commit to a town with 2,700 people speaks volumes about the Hwy 27 corridor.

Cadman said it’s used by recreational enthusiasts heading to the West Country, as well as employees and customers of the growing industrial and commercial operations in the region.

“You’re seeing people who are actually commuting from as far away as Calgary to work.”

Jonathan Allan, Sundre’s economic development officer, agreed that the Hwy 27 corridor packs a big economic punch.

“We kind of operate like a town of 10,000 with all the traffic that comes through here.”

Allan said there’s been a lot of interest in the area from other developers, including one who wants to create a light industrial park nearby.

Allan believes Sundre has a lot going for it.

In addition to being on the natural passageway to the wilderness for many people from Calgary and elsewhere, the town has its own natural beauty, as well as amenities like a performing arts centre and an indoor pool.

T&C Investments’ building should be under construction by September and available for tenants by next March, said Cadman.

hrichards@bprda.wpengine.com

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Alberta Premier Jason Kenney speaks during a news conference in Edmonton on Feb. 24, 2020. It’s budget day in the province, and Kenney’s United Conservative government is promising more help in the fight against COVID, but more red ink on the bottom line. THE CANADIAN PRESS/Jason Franson
Alberta’s budget promises more help for COVID-19 with a hard deficit

EDMONTON — Alberta’s COVID-19-era budget made a hard landing Thursday with an… Continue reading

The expansion of the Red Deer Regional Hospital Centre has been discussed for over a decade. (File photo by Advocate staff)
Red Deer hospital expansion gets about $6 million in 2021 provincial budget

According to the government’s three-year plan, the project will get $59 million by 2024.

The Town of Sylvan Lake has launched a new contest to attract a new business. (File photo by Advocate staff)
Sylvan Lake offering rent-free storefront space to lure new businesses

Winning business proposal will get a storefront space rent-free for a year

Red Deer Rebels forward Josh Tarzwell is hoping to pick up where he left off last season as the 2020-21 WHL season kicks off Friday in Red Deer against the Medicine Hat Tigers. (Photo by BYRON HACKETT/Advocate Staff)
Rebels set to host Tigers in WHL season opener

24-game WHL Alberta only season kicks off night Friday at the Centrium

An arrest by Red Deer RCMP is facing online scrutiny. No charges have been laid and the incident is still under investigation. (Screenshot of YouTube video)
Red Deer RCMP investigating violent arrest caught on video

Police say officer ‘acted within the scope of his duties’

Commander of the Royal Canadian Navy Vice-Admiral Art McDonald is seen during an interview with The Canadian Press in Ottawa, Wednesday, Dec. 11, 2019. THE CANADIAN PRESS/Adrian Wyld
Military reeling as new defence chief steps aside amid allegations of misconduct

Military reeling as new defence chief steps aside amid allegations of misconduct

Alberta Premier Jason Kenney speaks during a news conference in Edmonton on Feb. 24, 2020. It’s budget day in the province, and Kenney’s United Conservative government is promising more help in the fight against COVID, but more red ink on the bottom line. THE CANADIAN PRESS/Jason Franson
Alberta’s budget promises more help for COVID-19 with a hard deficit

Alberta’s budget promises more help for COVID-19 with a hard deficit

‘Black box’ in Woods SUV could yield clues to cause of wreck

‘Black box’ in Woods SUV could yield clues to cause of wreck

Team Saskatchewan skip Sherry Anderson reacts to her shot against Team Quebec at the Scotties Tournament of Hearts in Calgary, Alta., Tuesday, Feb. 23, 2021.THE CANADIAN PRESS/Jeff McIntosh
Peterson’s wild-card team edges N.W.T. skip Galusha to qualify for championship pool

Peterson’s wild-card team edges N.W.T. skip Galusha to qualify for championship pool

No-size-fits-all residence approach a reality for Canadian Hockey League teams

No-size-fits-all residence approach a reality for Canadian Hockey League teams

FILE - New York Rangers' Henrik Lundqvist reacts after a save during the third period of an NHL hockey game against the Philadelphia Flyers in New York, in this Sunday, March 1, 2020, file photo. The Flyers defeated the Rangers 5-3. Star goalie Henrik Lundqvist will sit out the upcoming NHL season because of a heart condition, announcing the news a little more than two months after joining the Washington Capitals. Lundqvist posted a written statement and a videotaped one on social media Thursday, Dec. 17, 2020, saying it was a "pretty tough and emotional day." The 38-year-old from Sweden was bought out by the New York Rangers after 15 seasons and signed a $1.5 million, one-year deal with Washington in October. (AP Photo/Seth Wenig, File)
Lundqvist back on ice, ‘months’ away from deciding future

Lundqvist back on ice, ‘months’ away from deciding future

Kiiwetinoong MPP Sol Mamakwa holds up water collected from Neskantaga First Nation, where residents were evacuated over tainted water in October, during a rally at Queen's Park in Toronto on Friday, Nov. 6, 2020. THE CANADIAN PRESS/Carlos Osorio
Feds didn’t supply enough resources to end water advisories on First Nations: auditor

Feds didn’t supply enough resources to end water advisories on First Nations: auditor

A dose of COVID-19 vaccine is prepared at a vaccination clinic in Montreal's Olympic Stadium on Tuesday, Feb. 23, 2021. THE CANADIAN PRESS/Paul Chiasson
Quebec starts COVID-19 vaccination bookings for seniors; those in Ontario must wait

Quebec starts COVID-19 vaccination bookings for seniors; those in Ontario must wait

Most Read