Positioned in the heart of Edmonton’s vibrant Wîhkwêntôwin (Oliver) neighborhood, the GillBuilt Multifamily Land at 10225 121 Street NW offers a rare opportunity to develop a high-density residential project in one of the city’s most walkable and amenity-rich districts. This 27,641 SF shovel-ready site is zoned under DC2 391, allowing for up to 140 dwellings with a maximum FAR of 6.5 and building height of 60 meters. The zoning encourages urban living with a minimum of six family-oriented units at grade, making it ideal for a mixed demographic.
The site is surrounded by dynamic lifestyle destinations including the Brewery District, Unity Square, and Jasper Avenue, all within walking distance. Future residents will benefit from proximity to Grant MacEwan University, the ICE District, and the River Valley, while the under-construction Valley Line West LRT will feature a stop just one block away, enhancing transit connectivity. Paul Kane Park, located directly across the street, recently underwent a full architectural redevelopment and now serves as a year-round community hub with award-winning landscaping.
With a 24.5% projected population growth from 2024–2029 and 72.9% renter occupancy in the area, this site is primed for a multifamily development that meets the demand for urban, transit-accessible housing. The offering is listed at $5,000,000, presenting a compelling opportunity for developers seeking scale, flexibility, and location advantage in Edmonton’s core.