Calgary, AB,
13
February
2015
|
17:34
America/Denver

City publishes monthly lot supply reports in partnership with industry

February 13, 2015 (CALGARY, AB) – The City of Calgary has released current summaries of remaining land, lot and unit capacities for both single-family and multi-family housing in Calgary’s new communities. These summaries are now available online.

“The City is working hard on building a stronger relationship with its industry partners,” says City Manager Jeff Fielding. “Resolving the lot count debate was central to improving relationships so together we can focus on responding to Calgary’s continued growth.”

The number of sub-divided lots (for single-family and semi-detached units) is 6,222. There are also 14,088 lots with approved land use ready for sub-division. Complete details are available at Calgary.ca/geodemographics.

This project is a joint effort between The City, Urban Development Institute (UDI) and Canadian Home Builders’ Association – Calgary Region (CHBA) to provide data to industry partners that includes:

  • Land inventory numbers for the year; current capacity of remaining serviced vacant sites,
  • New community lot supply of single and multi-family housing types by community,
  • Summary of tentative plan and outline plan approvals received for current month,
  • Building permit approvals for the current month and average annual unit absorption by community.

“CHBA-Calgary Region would like to thank The City of Calgary for its collaboration on this important project. With this information now collected and posted monthly, we will have ongoing access to the most up-to-date supply numbers,” says Amie Blanchette, Director of Government Affairs with CHBA. “Allowing all stakeholders to gain a better understanding of the current market is a critical step forward and will lead to more informed decisions about our future growth and development.” 

Guy Huntingford, CEO of UDI says: “UDI-Calgary has been an advocate of this detailed level of reporting so that developers, builders and City administrators can have a solid foundation from which to make decisions about current and future suburban land supply. We appreciate the work The City has put into this initiative and look forward to continued collaboration.”

This information will be monitored and updated monthly to show how much serviced supply is available in new communities to accommodate Calgary’s continued growth. Looking to the future, it is the goal of both The City and industry to continue to find ways, through the exchange of data, to improve the timeliness and precision of the report. Continually improving information allows for better and faster decisions, which benefit all parties.

For more information, visit Calgary.ca/geodemographics or Calgary.ca/BuildCalgary