New division heads for Hills Cedarglen Living in Panorama Hills
A veteran Calgary builder that has focused on moveup, laned and single-family estate homes will now offer multi-family housing.
Cedarglen Homes has opened a new multi-family division called Cedarglen Living.
The expansion to multifamily development was fuelled by a number of factors, says general manger Cole Haggins, who’s the son of the Cedarglen Homes chairman Scott Haggins.
“With the changes in city policy and mentality of the consumer, multi-family seems to be the way a lot of people want to go,” says Cole.
City policies such as Plan It aim to boost densification through things like transitoriented developments, reducing the need for more infrastructure such as roads.
“With the limited amount of land supply being brought on right now … it allows you your own development to build a site with some volume, even though you don’t have a single-family location to get into,” he says.
Cedarglen Living’s first project is slated for the northwest community of Panorama Hills. It’s a 107unit, woodframe townhome development.
The company’s second project is expected to come on stream next year in New Brighton, a community in southeast Calgary. It is expected to include some stacked condo units with townhomes.
When scouting sites for development, Cole says he’ll consider a number of factors, including proximity to amenities.
“Closeness to transportation is really important right now, the way the city’s growing,” says Cole.
“I’m looking for sites that are in that (1.2 to two hectares) range — not so big that you can’t get through them.
“I like the idea of being in more established communities because once you get the infrastructure there, people tend to want to move into those locations more.”
While most of the company’s development will be in suburban areas, Cole says Cedarglen Living will also be looking at inner-city opportunities.
“Being that we’re brand new to this, we wanted to get our feet wet in the suburbs, where we’re familiar with the developers and are working off a clean lot,” he says. “Once we get some experience, the expectation is that we’ll be looking at more inner-city opportunities.”
Cole says the connection between the company's single-family division and Cedarglen Living won’t be in name only.
“Our expectation is to keep at least the inspection process from the single-family side across to the multifamily side to make sure the quality is maintained,” he says.