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Redstone Commercial Real Estate

A growing NE Calgary suburban retail node at Country Hills Blvd NE and 96 St — serving one of the city's most diverse and rapidly expanding residential catchment areas.

30,000+
Trade Area Population
5.5–7.0%
Retail Cap Rate Range
$22–$34
Retail Net Rent ($/sf)
~15 min
To YYC Airport

Commercial Market Overview

Redstone is a northeast Calgary community developed primarily after 2010, with commercial activity concentrated at Country Hills Blvd NE and 96 St NE. The broader NE Calgary corridor — encompassing Redstone, Cityscape, Cornerstone, Saddlecrest, and Skyview Ranch — has emerged as one of Calgary's most active residential growth areas, driven by international immigration and a relatively affordable home price point. Redstone's commercial node serves a multicultural, young, and growing population with above-average demand for ethnic grocery, international restaurants, and community-serving professional services.

Key Commercial Corridors

Country Hills Blvd NE is the primary east–west commercial spine, running through the northern edge of Redstone and connecting to Stoney Trail NE to the west and Metis Trail NE to the east. The intersection at 96 St NE marks the community's main commercial node. Secondary retail runs along Redstone Blvd NE within the community interior, serving immediate neighbourhood needs with convenience formats.

Industrial
Light industrial accessible via Stoney Trail NE. Within Redstone, limited service-commercial DC zones for contractors and tradespeople. Proximity to major NE industrial parks (Pegasus, Stoney) within 10 minutes.
Retail
Strip plazas on Country Hills Blvd NE and Redstone Blvd NE. Bays 800–4,500 sf. Strong demand for ethnic grocery, halal/international food, beauty, and pharmacy. Net rents $22–$34/sf.
Office
Medical and professional office above retail. Strong immigration-related demand for legal, immigration consulting, financial services, and primary care. Lease rates $16–$24 net/sf.
Land
Remaining commercial parcels along Country Hills Blvd NE. Lots from 0.4 acres. Zoned C-N2 and DC. Demand from childcare, medical, and ethnic food operators. Pricing from $1.8M/acre.

Investment Drivers

Northeast Calgary's population growth has outpaced the city average for a decade, driven by immigration and affordability. Redstone sits in the heart of this growth corridor, with Cityscape, Cornerstone, and Livingston adding tens of thousands of new residents within 5 km. Calgary International Airport employment within 15 minutes provides a large shift-worker and logistics-sector customer base. The multicultural demographic profile creates strong demand for specialty retail categories underserved by mainstream big-box tenants.

Development Pipeline

Active development in Redstone includes an ethnic grocery-anchored strip plaza under construction on Country Hills Blvd NE, a standalone medical office building, and two childcare facilities in permitting. The broader NE Calgary corridor study by the City of Calgary may increase permitted commercial density along key arterials, potentially unlocking additional mixed-use development at the 96 St NE intersection.

Frequently Asked Questions

What commercial real estate is available in Redstone Calgary?

Redstone offers neighbourhood retail strip space in bays from 800 sf, medical and professional office strata and leasehold units, QSR drive-through pads, and commercial development land along Country Hills Blvd NE and 96 St NE.

What makes Redstone attractive for commercial investors?

Redstone's rapidly growing multicultural population, Stoney Trail access, proximity to Calgary International Airport, and position in the broader NE Calgary growth corridor create strong and diversified demand for neighbourhood commercial services not yet fully satisfied by existing supply.

What retail categories perform well in Redstone?

Ethnic grocery, international food service, halal butcher, beauty, pharmacy, and immigration and financial consulting services perform particularly well in Redstone, reflecting the community's demographic profile. These categories generate strong foot traffic and tenant stickiness.

How does Redstone compare with Cornerstone for commercial investment?

Redstone is more established with a larger current population and existing anchor tenants, making it lower-risk but with less upside. Cornerstone is newer with higher growth potential but earlier in its commercial maturation cycle. Both suit long-term investors; Cornerstone may offer better land pricing today.

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