Tsuut’ina Na­tion devel­op­ment gets ‘amaz­ing’ name

Project val­ued at an es­ti­mated $4.5 bil­lion

StarMetro Calgary - - YOUR ESSENTIAL DAILY NEWS - Brodie Thomas Metro | Cal­gary

In a word: it’s amaz­ing.

The Tsuut’ina Na­tion has been work­ing with Can­derel MDC Devel­op­ment Man­age­ment Inc. to pre­pare a 1,200-acre devel­op­ment near the still-un­der-con­struc­tion South­west Ring Road.

We now know the name of the devel­op­ment: Taza.

“The el­ders gave us the word to use,” said Wil­liam Briscoe, CEO of Can­derel. “It means that some­thing amaz­ing is com­ing. It’s also an ex­pres­sion for ex­cite­ment and sur­prise.”

Also amaz­ing is the es­ti­mated value the de­vel­oper is now putting on the project: $4.5 bil­lion to $5 bil­lion.

The devel­op­ment will be in three sections: Taza Park, Taza Cross­ing and Taza Ex­change.

The 17 mil­lion square feet of space will be used for var­i­ous pur­poses, in­clud­ing re­tail, in­no­va­tion and re­search cam­puses, heath care and of­fice fa­cil­i­ties.

Briscoe said they’ve had na­tional and in­ter­na­tional in­ter­est from peo­ple re­gard­ing leas­ing the fu­ture fa­cil­i­ties, but more de­tails on that will be re­vealed in Jan­uary, when they of­fi­cially launch brand­ing for the devel­op­ment.

He said the scope of the project is am­bi­tious.

“We want any­one who comes into the devel­op­ment to rec­og­nize they are on Tsuut’ina land, that the cul­ture and tra­di­tion is re­flected in the built fo­rum.”

The el­ders gave us the word to use. Wil­liam Briscoe

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