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    Three Sisters Mountain Village community approved for construction

    YYC TimesBy YYC TimesMarch 7, 2024No Comments5 Mins Read

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    The approval paves the way in which for a handful of mixed-used developments, with retail and worker housing on the forefront

    Printed Mar 07, 2024  •  3 minute learn

    Three Sisters mountains by Canmore
    The Three Sisters mountains rise above Canmore on Oct. 30, 2021. Marie Conboy/Postmedia

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    A greater than six-acre growth, which will likely be a part of the controversial Three Sisters Mountain Village in Canmore, has been authorized by the mountain group’s city council.

    The approval paves the way in which for a handful of mixed-used developments, with retail and worker housing on the forefront. It is going to be situated on 6.6 acres about 5 kilometres southeast of Canmore, on the base of Three Sisters mountain.

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    Just a few years in the past, the builders answerable for the sprawling challenge decided Canmore had reached the inhabitants wanted to help a growth of this sort, mentioned Chris Ollenberger, director of technique for Three Sisters Mountain Village (TSMV).

    “I feel it’ll carry some good, native, wanted companies, some variety of retail to Canmore … it’s a pleasant milestone to lastly hit,” Ollenberger mentioned.

    The challenge authorized this week is the primary of three growth phases deliberate for The Gateway. Building is scheduled to being in early April.

    This primary section will see a three-storey constructing go up, with the primary ground meant for retail and the highest flooring used as workplace area and worker lodging. The second section, which nonetheless requires approval, is scheduled to start out pouring concrete subsequent spring, mentioned Sam Sidhu, growth supervisor for The Gateway.

    “I might that (The Gateway’s) main focus is retail for positive, however it’s actually a mixed-use challenge,” Ollenberger mentioned.

    ‘Leasing curiosity is pretty sturdy’

    TSMV is at the moment providing leases for areas all through The Gateway. Sidhu mentioned TSMV is at the moment in talks with a grocer and is “pretty shut” to a deal, however particulars across the potential lease are confidential.

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    “Because it goes proper now, leasing curiosity is pretty sturdy,” Sidhu mentioned.

    A close-by land parcel can also be slated for residential development that will likely be constructed within the coming years, Ollenberger mentioned. That growth is separate from TSMV and is owned by Logel Properties, a Calgary-based developer.

    Ought to approvals go in keeping with plan, The Gateway ought to be totally full by 2027 or 2028, Sidhu mentioned.

    As the brand new growth continues development, Ollenberger expects the long-planned Three Sisters Village, barely north of The Gateway, will concurrently be underneath development.

    “It’s a logical development. As a grasp developer, we spend loads of time selecting which items of the puzzle will come on stream subsequent,” Ollenberger mentioned.

    “One of many final belongings you wish to see is, ‘Let’s construct business development for the sake of constructing business developments.’ We’ll say we did it, however then you could have an entire bunch of empty buildings with for-lease indicators in them eternally.”

    Growth has confronted controversy

    The Three Sisters growth, protecting about 154 hectares of undeveloped land that may finally double Canmore’s inhabitants and geographic footprint, has confronted scrutiny because it was first proposed greater than 30 years in the past.

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    Authorized battles over its future got here to a head in October 2023 when the Alberta Court docket of Attraction dominated the event should go forward. It discovered the initiatives have been according to the Pure Assets Conservation Board’s 1992 evaluation of the Three Sisters space, that means that underneath the Municipal Authorities Act, council was required to approve the developments.

    The city and councillors would have confronted authorized penalties had they voted towards the developments.

    Really useful from Editorial

    mscace@postmedia.com
    X: @mattscace67

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