274 Ave West - ±330 AC of Prime Residential Development Land
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274 Ave West - ±330 AC of Prime Residential Development Land
330 Acres of Residential Land in Foothills No 31, AB T0L 0X0
Investment Highlights
- Less than an hour from the world-renowned rocky mountains.
- Located just 8 minutes south of Calgary’s City limits
Executive Summary
Unique Acquisition Opportunity: up to 330 acres of land with a comprehensively planned cluster residential community.
Flexible Purchase Options: The property consists of four separately titled legal parcels, all of which can be sold separately.
Approved by Foothills County: An 82-lot development plan is poised for phased implementation. The Area Concept Plan has been
approved, and the bylaw permitting the land use amendment for all lots remains in effect. Additionally, a development agreement has been executed to facilitate the construction of essential infrastructure to support the development.
Flexibility for Redesign: Potential to adjust the development plan into larger country residential lots, with county support for
tailored development plans through pre-application meetings.
Encouraged Higher Density Projects: Foothills County supports stakeholder engagement to streamline development approvals, ideal for creating communities akin to Heritage Point and Artesia.
Water Supply and Services: The property has two existing artesian groundwater wells with water licenses in place. An adjacent proposed development, Foothills Landing, is working with Corix Utilities to bring municipal services to the area.
Flexible Purchase Options: The property consists of four separately titled legal parcels, all of which can be sold separately.
Approved by Foothills County: An 82-lot development plan is poised for phased implementation. The Area Concept Plan has been
approved, and the bylaw permitting the land use amendment for all lots remains in effect. Additionally, a development agreement has been executed to facilitate the construction of essential infrastructure to support the development.
Flexibility for Redesign: Potential to adjust the development plan into larger country residential lots, with county support for
tailored development plans through pre-application meetings.
Encouraged Higher Density Projects: Foothills County supports stakeholder engagement to streamline development approvals, ideal for creating communities akin to Heritage Point and Artesia.
Water Supply and Services: The property has two existing artesian groundwater wells with water licenses in place. An adjacent proposed development, Foothills Landing, is working with Corix Utilities to bring municipal services to the area.
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 330.00 AC |
| Property Type | Land | Cross Streets | Meridian St |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 330.00 AC |
| Cross Streets | Meridian St |
1 Lot Available
Lot
| Lot Size | 330.00 AC |
| Lot Size | 330.00 AC |
A unique opportunity to acquire 330 acres of land for a comprehensively planned country residential community.
Description
A unique opportunity to acquire 330 acres of land for a comprehensively planned country residential community. Located just 8 minutes south of Calgary’s City limits and less than an hour from the world-renowned rocky mountains.
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zoning
| Zoning Code | CLR (Cluster Residential Zone) |
| CLR (Cluster Residential Zone) |
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274 Ave West - ±330 AC of Prime Residential Development Land
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