HIC

Homestead

Investment Co-operative

co-operatively owned co-work building. Jasper Ave.

Building Alberta
One Investment at a Time

Join the movement to redefine local investment and create a brighter future for Alberta businesses with Homestead Investment Co-operative.

Click here to learn more about this amazing investment opportunity!

Invest in the first building in a portfolio of co-operatively owned Alberta real estate assets.

We’re building a Community Investment Co-operative that will help drive social, business and economic impact in Alberta. Starting with Edmonton, we’re investing in sought-after real estate assets that will help support and grow local businesses and entrepreneurs while building wealth for our investors.

About The Building

• Outstanding cultural heritage • Recent deep retrofit • High Value

Performance

  • A fixture on Jasper Avenue for finance, music, arts, and now for entrepreneurs

  • Currently leased with high occupancy

  • Add additional revenue by developing the rooftop patio and additional spaces

Your Opportunity

Commercial real estate vacancies in downtown Edmonton are getting harder to find, here's your chance to participate in ownership of commercial real estate in Edmonton!

Projected annual returns of at least 6% as well as long-term gains in the building’s equity.

RRSP/TFSA Eligibility through the Canadian Workers Cooperative Federation.

How Will We Build Revenue?

• Tenant rent revenue & growing businesses

• Ticketing for premium professional development events

• Space rentals on future amenities

• Future real estate acquisitions

A $9.0M Deal


Sounds great! Get the details.

I’d like to talk to someone

Next meeting date Wed 22nd Jan.

p.s. we’ll be giving away Foo’s gift cards to attendees.


Your role as an investor:

● Join our mentor community and help the next generation of leaders, creators, and innovators thrive (plus get first look at investment opportunities)
● Refer like-minded potential tenants, mentors, and investors
● Participate in one member one vote general meetings to make key strategic decisions with the co-op community

Support entrepreneurs

One of the key drivers of the Homestead Investment Co-operative is to provide spaces that support entrepreneurs and help them grow their businesses with access to expertise and peer advice.

Build your wealth

Our initial investment in the Alberta Block building on Jasper Avenue is forecasted to provide solid returns.

Own a piece of Edmonton’s mainstreet

Jasper Avenue is the nerve-centre of downtown Edmonton, and owning a piece of it right in the city's core will not only help you build wealth, but build our city and support entrepreneurs.

To learn more, add your email to our mailing list and get the pitch deck.


Founders, Incentives & Governance

• The Founders are serving as the initial board • They have fronted all costs to date and have committed to more share purchases • Founders and directors will not receive management fees for putting the deal together.


Who's Behind This?

People committed to making Edmonton thrive through unleashing the ingenuity of this place and its people.
These are the founding directors:

Tegan Martin-Drysdale

Tegan Martin-Drysdale

Founder of the original Homestead business, sustainable real estate developer and operator of a number of social impact-focused for-profit companies.

Tegan has 24 years of experience in structural engineering and project management for mixed use, commercial and residential projects. Before forming RedBrick Real Estate Services in 2012, Tegan was a project manager with ProCura Real Estate Services and worked with Read Jones Christofferson as a Structural Engineer. Over the past 12 years, Tegan has built residential, mixed use commercial, retail, and office buildings in Edmonton and the surrounding area, and is now also working with First Nations in Northern Alberta to develop housing solutions in and outside their communities. Tegan co-founded Homestead Coworking in 2015 and established a new co-working space in Edmonton’s downtown in the Alberta Block building. This is where RedBrick’s offices are located, as well as where Tegan continues to contribute to the business and entrepreneurial community in Alberta.

In 2010, Avenue Magazine named Tegan one of its Top 40 Under 40. She founded the Infill Development in Edmonton Association in 2013 to promote and advocate for high quality infill development in Edmonton. Tegan also Co-Chaired past City of Edmonton Initiatives such as the NextGen Committee and Make Something Edmonton.

Don Iveson

Two-term former Mayor of Edmonton and now Principal of Civic Good, a consultancy delivering social impact, governance and environmental leadership guidance for companies and communities.

Don founded Civic Good in December of 2021, a practice that provides strategic advice on climate, housing, civic innovation and complex governance issues. As Principal, he is currently engaged primarily with Co-operators as Executive Advisor, Climate Investing & Community Resilience, where he supports the CEO and key executives in advancing initiatives that will support climate adaptation projects and climate-resilient infrastructure in communities across the country. He also advised governments, NGOs and startups in areas ranging from modular housing to social impact assessment.

He was recently Federally appointed Chair of the Canadian Mortgage and Housing Corporation – the nation’s sixth largest financial institution. Don brings wide-ranging governance experience to the board, including eight years as Mayor of Edmonton.

 
 
 

Our board is growing

New board members that have joined our movement:

Interview with Don

Interview with Tegan

Interview with Jacquelyn

Interview with Adam

Interview with Heather


Want talk to someone at Homestead Investment Co-operative?
Book an in-person tour.

 

Frequently Answered Questions

Still have questions? Send an email to Tegan