Mattamy Homes Expands Footprint in Calgary with New 153-Acre Community Acquisition

📅 3 days ago

Mattamy Homes has acquired 153 acres in southeast Calgary for a new community, marking a significant expansion for the company in Alberta.

In a significant development for its Alberta operations, Mattamy Homes has secured 153 acres of land in the Belvedere area of southeast Calgary. This acquisition represents a major milestone for the company as it now establishes a presence in all four quadrants of Calgary. The newly obtained site is strategically located between 17 Avenue SE, the Trans-Canada Highway, and the City of Chestermere, indicating a prime location for future residential growth.
The forthcoming community, which is yet to be named, is designed to cater to a variety of housing needs, featuring a blend of single-family homes, semi-detached homes, and townhomes. In addition to residential units, the development will incorporate over 13 acres dedicated to parks, trails, a storm pond, and open space, enhancing the livability of the area.
Planned timelines indicate that grading and servicing work is set to commence in 2028, with the first residents expected to move into their new homes in early 2030. The full buildout of this community is projected to take approximately seven years, with completion anticipated in 2037.
This venture underscores Mattamy Homes' commitment to expanding its footprint in Alberta, responding to the growing housing demand in the Calgary area. The strategic acquisition not only positions the company favorably within the local real estate market but also aligns with broader trends in urban development that emphasize community-oriented living spaces.
As Calgary continues to evolve, this new development will likely play a crucial role in shaping the future of residential neighborhoods in the southeast quadrant of the city. With its comprehensive planning and focus on mixed housing types, Mattamy aims to create a vibrant community that meets the diverse needs of its residents, contributing positively to the local economy and housing market.
This acquisition is a clear indication of the ongoing growth and development potential within Calgary’s residential sector, as companies like Mattamy Homes seek to capitalize on emerging areas like Belvedere. The upcoming community is expected to foster a sense of community while providing essential amenities and green spaces for future residents to enjoy.

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