Saskatoon News May 31, 2012

Warman Real Estate Should Further Improve With New Shopping Centre

Real estate in Warman will see an advantage with a major shopping centre in Warman planned to create up to 300 jobs and serve this quickly growing community. Warman is seeing major growth with the much needed construction of Warman Middle School (meant for 700 students and supposed to be complete in 2013).

The creation of this new shopping centre in Warman will also serve other bedroom communities. 30 acres as the north end of Warman was purchased for the future “Stone-Gate” development by Edmonton based Avatex Devcorp. The immediate trading area is more than 25,000 so what once seemed like a crazy idea is now making perfect sense in Saskatchewan’s booming economy. Warman residents will no longer have to rely on doing most of their shopping in Saskatoon.

Possible tenants include a large grocery store, box retail stores, banks, restaurants and possibly a hotel. The project could have a value between $30-$50 million. Construction should see the first buildings done by 2014. The job estimates of 250-300 full time jobs and about 500 part time jobs comes from a similar shopping development in Prince Albert, the Cornerstone shopping development that this company started 8 years ago. If you have been through Prince Albert lately you will see how much the shopping has expanded.

I think real estate in Warman will definitely become that much more appealing knowing that the town is building a new school and shopping district.

If you are considering buying a house for sale in Warman I can provide your Warman real estate needs as I work in many of the surrounding communities and have sold many homes in Warman in the past 5 years.

Kari Calder
Saskatoon Real Estate Agent
Century 21 Fusion