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Former Rail Yard Loses Discarded Oil Barrels, Gains High-Tech Apartment Tower

Multifamily Development of the Year for Edmonton
This plot of land long housed discarded oil drums but is now the site of a seven-floor apartment building. (CoStar)
This plot of land long housed discarded oil drums but is now the site of a seven-floor apartment building. (CoStar)
CoStar News
March 27, 2024 | 11:15 AM

Where once sat a forlorn former rail yard used as a dumping ground for oil barrels now stands an amenity-rich, high-tech seven-floor residential tower with 222 apartment units thanks to the Sync 111 project by K&H Developments.

Creation of the Sync 111 at 10312 111 St. NW required more than just building a new structure. The project began with a process of soil remediation designed to clean the land of contaminants so builders could get busy adding apartments as well as amenities such as a kitchen, lounge, game room and rooftop patio with barbecues.

K&H Developments, led by President Craig Haan, also added premium features such as keyless entry, remote control for lighting and heating as well as video communication with outdoor visitors. Residents can also enjoy heated indoor parking as well as bicycle storage with a wash and repair area.

Sync 111 is located in the Oliver section of downtown Edmonton, a spot popular with artists and other creative professionals and conveniently walkable to the business area and the ICE district where the NHL's Edmonton Oilers play.

The project has been selected as the winner of the 2024 CoStar Impact Award for multifamily development of the year, as judged by a local team of real estate professionals familiar with the market.

About the Project: The apartments were built with 12-inch precast concrete walls that can combat noise, flames and the sometimes-harsh Edmonton weather. Employing pre-cast elements also permitted construction crews to complete the 221,750-square-foot structure in 14 months, considerably faster than other similar-sized projects.

What the Judges Said: “Adds good density to an area that can greatly improve from it,” said Alim Somji, executive vice president and broker for Jaffer Group.

They Made It Happen: Representing the owner and developer were Dennis Haan and Kevin Kooiker with Eagle Builders; Tony Randhawa and Shelley Boston with K&H Developments; and Lacy Samson and Ashley Neil with ICM Property Services. Corey Gay, principal at Avison Young, helped broker the acquisition of the site in 2020.

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