Redevelopment projects lead to new communities in established areas
Most people think of new communities as being on the outskirts of the city, often in areas where amenities like shopping and schools are still lacking.
But there are a growing number of new communities springing up in well-established areas of Calgary, as redevelopment occurs on lands once used for non-residential purposes.
Community Profile: Skyview Ranch
One of the first communities to establish a foothold in Calgary’s new north, Skyview Ranch has been steadily growing ever since its inception almost 10 years ago. In fact, its population has more than doubled in the past five years, growing from 4,519 residents in 2013 to more than 10,000 in 2017. It has attracted a young and diverse demographic looking for an affordable lifestyle that’s close to everything.
The master-planned community is located in Calgary’s northeast quadrant and surrounded by several major thoroughfares. Skyview Ranch is bounded by Metis Trail to the west and is minutes away from the Stoney Trail ring road. Where once it stood as the lone new community in the area, Skyview Ranch is now surrounded by a bevy of vibrant and unique new neighbourhoods, including Redstone, Cityscape and Cornerstone.
Full steam ahead for new communities in Calgary
Calgary’s residential development sector continues to move dirt, lay down infrastructure and create lots as it responds to current consumer interest and prepares for the inevitable economic turnaround.
Within the city limits are several active new-home communities that continue toward buildout or are adding phases.
“Despite Alberta’s current economic challenges, there is still a demand for the homes we build in Calgary and Edmonton,” said Jason Palacsko, vice-president of Calgary communities for Brookfield Residential. “We are confident in Calgary’s future and are moving forward with major projects.”
Calgary’s fledgling communities have plenty to offer
Calgary’s growing list of new communities is providing a haven for buyers looking for a little bit of everything.
According to last year’s civic census, nine of the city’s fastest-growing communities are located in new areas, led by Saddleridge in the northeast, which saw 2,373 residents move within its borders in 2014.
It was followed by Auburn Bay (2,242), Cranston (1,858), Skyview Ranch (1,759), Evanston (1,704) and Panorama Hills (1,384). (more…)