Global commercial real estate advisor, Avison Young, has announced the successful purchase of 8.4 acres in Fort McMurray’s Quarry Ridge – earmarked as the new site of Home Depot and its 183rd store in Canada.
Located at the southwest corner of Highway 63 and MacKenzie Boulevard, the 80,000-square-foot building is anticipated to open in Q2/Q3 2026 and will employ approximately 150 associates, said the real estate firm.
Avison Young’s Darren Snider and Ben Snider were the exclusive advisors and agents for the retailer, which purchased from Camgill Developments in May of 2025 for an undisclosed amount.
“Avison Young could not be more thrilled about The Home Depot selecting Quarry Ridge – and, even more so, for the people of Fort McMurray,” said Ben Snider, Senior Associate, Avison Young.
“This is a very resilient community, committed to rebuilding and growth, and what better place to help and support you in your rebuilding and growth efforts than The Home Depot. I’ve heard so many stories from residents about how the closest Home Depot store is a four-hour drive away so having one so close to home will provide a level of unmatched service and convenience.”
Securing this site is historic in nature, given Avison Young’s existing business relationship as the retailer’s preferred broker for retail locations in Alberta. Ben was brought onto the Avison Young team to investigate the Fort McMurray market for the home improvement chain, culminating in a request for Ben and Darren to provide real estate options. This included several sites, and the retailer landed on Quarry Ridge, said the company.
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