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Stories Tagged - Homebuilding

Brett Taylor is owner of Red Tree Custom Homes and shows a three-storey townhome show suite in Montgomery on 4727 17th Ave. N.W. Taylor said a third floor provides space for luxury features. Photo by Lindsay Holden/For CREB®Now.
News

Feb. 26, 2016 | Lindsay Holden

Lucky number three

Inner-city homeowners look up, not out

Good things come in threes – or so goes the superstition.

Calgary's homebuilding industry seems to have taken this to heart, with three-storey infill homes emerging as a solution to what experts say is growing demand for "vertical" detached living options in inner-city communities.

"It is very cost effective to build up versus build out," said Ron Butler, president of New West Luxury Estate Homes, which builds about 10 infills per year. "And building out is not an option given the limits of the lot."

The City of Calgary currently limits the amount of land a home can occupy in a given lot, ranging from 40 to 50 per cent, depending on its zoning and size. Three-story homes provide a solution to providing additional living space where that ratio is already being tested, said Butler.
Qualico Communities communications manager Maribeth Janikowski, pictured in the builder's Augusta show home in southwest Calgary, believes the economy has created opportunities in the lower-priced segments. Photo by Adrian Shellard/For CREB®Now
News

Dec. 23, 2015 | Andrea Cox

Setting the pace

Slowdown welcomed by new home industry

Local homebuilders and developers say they are heading into 2016 feeling positive after going through a year that brimmed with economic challenges.

"It's definitely been an interesting year," said Wendy Jabusch, president of the Canadian Home Builders' Association – Calgary Region and a vice-president with Brookfield Residential.

In particular, housing demand fell sharply in 2015 as the provincial economy sputtered through an oil patch slowdown that eventually led to pronounced job losses.

Habitat for Humanity Southern Alberta president and CEO Gerrad Oishi says this past September, his organization helped provide 14 families with keys to homes in Qualico Developments’ Redstone project in the northeast. Photo by Wil Andruschak/for CREB®Now
News

Nov. 09, 2015 | Barb Livingstone

Mission possible

Affordable housing advocates bullish on possible changes

By the end of this year, at least 200 middle-income Calgarians will have bought what may have seemed financially impossible in the city's now waning hot economy: their own home.

Another two dozen families will, in 2015, aided by many hours of sweat equity instead of a down payment, have entered home ownership.

Yet these Calgarians, who became homebuyers this year through Attainable Homes Calgary Corporation (AHCC) and Habitat for Humanity, might not be the only ones stepping into a more affordable housing market in the near future.

By December, significant changes are expected to the City of Calgary's administrative policies to make growth in the overall housing market both more efficient and less costly.

News

Oct. 20, 2015 | CREBNow

Densification, affordability to reshape homebuilding industry: SAIT

Q&A with SAIT Polytechnic School of Construction dean Scott MacPherson

The homebuilding industry is undergoing unprecedented change – from new technologies to a new-look workforce. Calgary, in particular, has witnessed, and even ushered, much of this change first-hand, thanks in part to SAIT Polytechnic's School of Construction.

CREB®Now recent sat down with the school's dean Scott MacPherson to talk about everything from densification to East Coast dinner parties.

In his early 20s, Jayman Built CEO Jay Westman put up $30,000 to establish the company with his father, going on to become one of Calgary’s most prominent industry leaders. Photo courtesy Jayman Built
News

Aug. 18, 2015 | Barb Livingstone

Calgary's urban influencer series: Jay Westman

We've all heard that Rome wasn't built in a day. Neither was Calgary, which continues to undergo an urban renaissance. Over the next five days, CREB®Now will present a series where it has sat down with five influencers who have helped develop the city as we know it today.

'Sink or swim' for housing titan

At the age of 17, Jay Westman was thrown by dad, Al, into the housing industry's version of 'sink or swim.'

The self-described "average" student had no "big idea" about what he wanted to do after high school: "I think my parents would have liked me to be a lawyer or a doctor but school was not my strong suit," said the chairman and CEO of Calgary-based Jayman Built, one of the largest homebuilders in Alberta.

So Al Westman — through his own housing company — plunged Jay into project management, and life in a motorhome on a multi-family site in Lethbridge.

"I learned a lot of life lessons. I made a lot of mistakes and cost my dad some money. But I paid him back later," he said.

Grading has already begun on Airdrie's long-delayed Midtown residential development. Upon completion, the 16-hectare lot is labelled for up to 800 residential units. Photo by Carl Patzel/For CREB®Now
News

July 10, 2015 | CREBNow

Airdrie's Midtown on the move

Long-awaited development to house up to 800 units 

Over a decade in the making, Airdrie's controversial Midtown development is finally poised to take the next step and fill in yet another blank on the city's growing landscape.

Currently being actively graded, the 16-hectare Midtown lot along Eighth Avenue W. and bordered by MacKenzie Pointe to the north and Luxstone to the south is labelled for 600 to 800 residential units.

The plan calls for a maximum of 305 single-family lots, 115 townhouse units and more than 300 low- and medium-density lots.

The original Neighbourhood Structure Plan (NSP) was first adopted by Airdrie city council in 2009, but construction stalled through the original developers.

Morning News Rundown
News

Feb. 10, 2014 | CREBNow

Morning News Rundown

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CREB® acknowledges that its office is located, and that its REALTOR® members serve, on the traditional territories of the peoples of the Treaty 7 region and Métis Nation of Alberta, Region 3. We honour and acknowledge the members of the Métis community and specifically, the Métis Nation Region 3. In the spirit of reconciliation and because we are all treaty people, we also acknowledge all Calgarians who make our homes in the traditional Treaty 7 territory of Southern Alberta.


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