FACILITYCalgary - BREAKING NEWS - August 28, 2024

~ BREAKING NEWS - Government of Canada announced properties being made available to the marketplace -

The government of Canada lists federal lands for housing and new tools for builders

• Calgary site in Currie neighbourhood made available for immediate development

• of the 56 properties identified so far - the Government is only ‘open for feedback’ on most of them - only 5 are noted as immediately ‘Open for proposals’

• ‘the 5 properties’ have been added to the Canada Public Land Bank - which was released on August 25th; most of the properties are identified as ‘Green Dots’, meaning the government is open for feedback but not committee to providing

• 5 properties are identified on the website as ‘Open for proposals’

• The Call for proposals is a joint proposal call by CMHC and Canada Lands Company - THESE LANDS ARE NOT FOR SALE; they are offered to ‘housing providers’ for ‘long-term lease at a discount’

  • 2 are in Alberta - 1 in Calgary, 1 each in Edmonton, Toronto, Ottawa, and Montreal

    • Calgary, Alberta - Dieppe Avenue Southwest Site 1 (a.k.a. 3830 Quesnay Wood Drive SW)

    • Edmonton, Alberta - Sir Arthur Currie Way

    • Toronto, Ontario - 1350 Sheppard Avenue West

    • Ottawa, Ontario - 370 Codd's Road / 800 Winisik

    • Montreal, Quebec - 125 Houde Street

One of the five properties was highlighted at a Calgary press conference this morning:

• 3830 Quesnay Wood Drive SW, is available for construction of a six-storey condominium apartment building that will offer 99 new units of housing, with a minimum of 30% dedicated to affordable housing. The press release indicated this parcel is already zoned and ready for development.

Link to the full press release - Government of Canada lists federal lands for housing and new tools for builders

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FACILITYCalgary - published by MaxComm Communications/Waterglass Press; editor/publisher Mark Kolke

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• Transactional services - commercial and residential real estate; licensed to practice in Alberta, representing buyers, sellers, landlords and tenants

Mark Kolke, VP Commercial,  MaxWell Capital Realty

6204B Burbank Road SE, Calgary, AB, Canada, T2H 2C2

(403)-312-8359 cell/text | email kolke@markkolke.com

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