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Western Canada’s Distribution Hub
The High Plains Advantage
Located immediately north of Calgary in Rocky View County, Alberta, Canada, High Plains Industrial Park offers efficient highway access, an excellent labor force, significant real estate tax savings, and a planned Park environment. Our High Plains Advantage includes:
- Logistics & Transportation: With highly efficient access to Highway 2 and the Stoney Trail / Calgary Ring Road, High Plains is ideally located to serve Calgary, Edmonton, and many cities throughout Western Canada.
- Labor: High Plains’ tenants have successfully attracted a highly productive and stable workforce from both Calgary and Airdrie labor pools.
- Cost Savings: High Plains offers our customers highly competitive land prices as well as compelling real estate tax savings resulting in significantly lower annual occupancy costs as compared to Calgary. According the Altus Group – High Plains Comparative Property & Business Tax Analysis, a High Plains Park tenant will save approximately 57% or $1.47/sf average over a 10 year period.
- Speed to Market: By collaboratively working with Rocky View County, Highfield will typically secure both the subdivision registration and the development permit within approximately 5 months of having an approved project site plan.
- Sponsorship: By combining Highfield’s local land development expertise and relationships with Hillwood Investment Properties’ significant industrial building experience and extraordinary capital capabilities, High Plains offers its customers cutting-edge distribution centre and warehouse facilities at highly competitive lease rates.
- Park Environment: By locating in High Plains, Park tenants will be assured that the environment being created today will be maintained for years to come.
Buyers snap up Calgary industrial building portfolio, prime land – RENX.ca – Mario Toneguzzi, Apr. 12, 2019
Industrial property in Calgary remains a hot commodity, as illustrated by two recent transactions involving three buildings, and the city’s largest tract of undeveloped industrial development land.
“From the investment community point of view, we’re a top city in which investors look at placing money in. You know, historically it’s been Toronto, Vancouver, and then Montreal and Calgary,” said Matt Binfet, executive vice-president and partner with commercial real estate firm Colliers International in Calgary.
CBRE finds ‘promising indications that commercial real estate conditions in the city look to be improving’ – CBC News · Posted: Apr 02, 2019 8:05 AM MT | Last Updated: April 2
Warehouse sector thriving
By contrast, the report says Calgary’s warehouse distribution sector is thriving, a reflection of the national trend to accommodate the shift to online shopping. CBRE noted a large uptake in commercial warehouse space in the first quarter of 2019 by some major retailers, including Home Depot, which took a lease for a 418,346 square feet for an e-commerce fulfillment centre in the High Plains Industrial Park.
“Calgary’s industrial market, which has logged nine consecutive quarters of positive net absorption, had a further 649,080 square feet of space taken up in the first quarter of 2019,” the report says.
Another 2.1 million square feet of industrial space is under construction and slated for completion this year.
“Both Calgary’s office and industrial markets are offering promising indications that commercial real estate conditions in the city look to be improving at long last,” the report says.
Impressive Q4 for Calgary and area industrial CRE market – RENX.ca – Mario Toneguzzi, Feb. 4, 2019
Calgary’s industrial market continues to be resilient in the face of a struggling economy which has hit hard in other sectors of the city’s commercial real estate industry, particularly office space.
Calgary’s downtown office market remains a sore spot with an elevated vacancy rate of about 25 per cent. That’s the headline-grabber for media, but it has overshadowed the “good news” coming out of the industrial real estate market.
According to commercial real estate firm CBRE, the fourth quarter of 2018 was Calgary’s eighth consecutive quarter of positive net absorption — the change in occupied space. Also, the fourth quarter witnessed the greatest amount of new supply delivered in a single quarter since Q4 2015. Read more >