The land at the Westbrook LRT Station has been sold to a Calgary-based developer.
Matco Development Corp. has purchased the 10 acres that sits above the underground transit station, from the City of Calgary. It’s the land where the former Ernest Manning High School used to stand.
The site will be turned into a mixed-use development including office, residential, and retail, along with community amenities such as a fitness centre and day care.
Eileen Stan, Matco’s Vice President of Development says this land is a valuable piece of property.
“Although our development site exists on 10 acres, there’s a larger 52 acre site encompassing the area around Bow Trail and 17th Ave, and 33rd and 37th Streets that the city is also looking at densifying.”
The project will include high density residential development.
“Our ten acre site respects the interface with the existing communities, but also anticipates the future growth of this larger area, and has some more Beltline-type heights as we’ve already seen north of Bow Trail.”
Stan won’t speculate on when the construction will begin. She says there’s still a lot of planning and they’ll also be watching for signs that the economy is turning around.
The site has been vacant since Ernest Manning High School was torn down in 2011.
Matco is the owner of the twin tower Eighth Avenue Place downtown and other mixed-used residential projects in the inner city.
In late 2011, The City of Calgary publicly invited requests for proposals for the acquisition and development of the Westbrook Station lands, comprised of four development parcels.
The City says it has two small parcel lots that are in the final stages of the sale process. It’s also completing land use designation on other small parcel lots in preparation for sale later this year or early next year.