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Originally Posted by Ducay
Basically the city has to vote to approve the sale and re-zoning of the Paskapoo Slopes area (currently owned by Winsport aka COP) to allow for a commercial development on 1/3 of it.
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I'm pretty sure the sale is already approved/happened?
http://www.cbc.ca/news/canada/calgar...ouse-1.3010240
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The land is currently owned by Trinity, Winsport and the city. Trinity has reached an agreement to buy the portion owned by Winsport, with transfer of title by July, according to the city.
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FWIW, from the same article, Trinity will use 1/3 for their development and preserve the remaining 2/3 for a regional park.
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The company plans to build an urban-village style neighbourhood with a mix of housing types, a town centre with boutiques and offices and an entertainment district with a hotel and theatres.
But Trinity Hills says its new master plan will see two thirds of the land — the upper slopes — preserved as a new regional park.
“Following a number of environmental studies, Trinity Hills decided to forgo the higher-density shopping-based development proposed previously, and instead is proposing a forward-thinking master plan,” Trinity Hills says on its website.
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