Cardel shows confidence in Calgary real estate

From the Calgary Herald:

Calgary home builder Cardel Homes is planning a 1,700-unit residential  development in Shawnee Park after purchasing 52 hectares of land that was  formerly known as the Shaw-Nee Slopes Golf Course.

The golf course ceased operations in 2011.

Cardel Homes purchased the southwest land, located alongside the southern  edge of Fish Creek Park, from Geo-Energy Enterprises Ltd. The sale price was not  disclosed.

The home builder said its city-approved project will consist of condo  apartments, town houses, and single-family estate homes, all adjacent to Fish  Creek Park.

Development will begin in the fall.

Read more:  Cardel Homes plans 1700 unit residential project


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s