This building was made possible by the generous commitment of visionary homebuilders Brookfield Residential/Albi Homes through the RESOLVE Campaign, the Government of Canada through Canada Mortgage and Housing Corporation, and the City of Calgary.
HomeSpace is constructing a 45-unit affordable family-oriented development in the Calgary’s Seton community, where rentals will be 20% below market. The site was previously a vacant lot owned by the City of Calgary and awarded in September 2020 to HomeSpace through a competitive non-market land disposition. The development will be comprised of 29 3-bedroom units (7 accessible), 11 2-bedroom units (2 accessible) and five accessible 1-bedroom units , as well as some communal amenity space located on the main floor of building block #4. HomeSpace will be the owner and property manager for the building and we will work with a social-serving agency partner to provide resident referrals, income testing, supports and community development.
Total project cost is expected to be $13 million (land at market value) and occupancy is slated for the summer of 2022.
Site servicing of the entire site is complete along with rough grading!
The excavation for building number 1 (1 of 4) is also complete and foundation walls will be poured next week. By this time next month framing will be close to starting on building 1, the foundation should be in for building 2 and the hole excavated for building 3.
View the schematic design for this development. Contact us if you would like us to mail you a printed copy of the development package.
Submit questions and comments to NewDevelopments@HomeSpace.org or call 587.320.1545