A message from Homestead Investment Co-operative:
Homestead Investment Co-operative (HIC) is inviting Albertans to co-own the landmark Alberta Block on Jasper Avenue through a community investment model — so everyday people, not just big developers, can shape downtown's future and beyond.
"This is an opportunity to invest in the first building in a portfolio of Alberta real estate assets… an opportunity to invest in your local community," says Tegan Martin-Drysdale, HIC co-founder, who also oversaw the building's deep retrofit in 2015.
Why now: The Alberta Block, built in 1909, was once home to organizations that shaped the province, from an early Alberta Treasury Branch to the public radio station CKUA. Today, it continues this legacy as a vibrant hub for entrepreneurs, city builders, and their small businesses and nonprofits.
HIC is now raising capital to purchase the building as the first step in a broader, made-in-Alberta portfolio. The future of the portfolio will be shaped by HIC members, where each investor, regardless of the value invested, has one vote.
The offering closes soon on Sept. 29. The minimum investment is $10,000 plus a $250 co-op membership. Returns are projected to be 6%, and it is possible to invest via RRSPs or TFSAs.
Learn more and get involved:
- Visit the Alberta Block (10526 Jasper Avenue NW) during one of these Open Houses: Sept. 10 and Sept. 24.
- Bring your questions to noon hour webinars: Sept. 10 and Sept. 17.
- Visit HomesteadCowork.ca for all event information and how-to-invest details.
Don't miss this unique chance to align your investing and your values.