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The City of Chestermere will begin the regular development approval process with an Area Structure Plan and is seeking to begin selling parcels in the next 1-2 years. The City will require all applicants to submit high design standards to ensure that the development fits into the City’s high quality expectations. Once costs are covered, any profits from the development will be reinvested back into the community.
All parts of the development process are publicly available should residents wish to follow the progress of the development.
When the private sector is unwilling to do so, it is not uncommon for municipalities to pursue specific types of development themselves.
As no local developers have plans to add light industrial options in Chestermere, and the City of Chestermere was able to purchase the land for under market value, Chestermere has decided to pursue its own development.
This is the only piece of land the City of Chestermere owns (except municipal reserve lands needed for parks and schools) and studies show profitability for the area.