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Stories Tagged - Homebuilding
News
Feb. 26, 2016 | Lindsay Holden
Lucky number three
Inner-city homeowners look up, not out
Good things come in threes – or so goes the superstition.
Calgary's homebuilding industry seems to have taken this to heart, with three-storey infill homes emerging as a solution to what experts say is growing demand for "vertical" detached living options in inner-city communities.
"It is very cost effective to build up versus build out," said Ron Butler, president of New West Luxury Estate Homes, which builds about 10 infills per year. "And building out is not an option given the limits of the lot."
The City of Calgary currently limits the amount of land a home can occupy in a given lot, ranging from 40 to 50 per cent, depending on its zoning and size. Three-story homes provide a solution to providing additional living space where that ratio is already being tested, said Butler.
Good things come in threes – or so goes the superstition.
Calgary's homebuilding industry seems to have taken this to heart, with three-storey infill homes emerging as a solution to what experts say is growing demand for "vertical" detached living options in inner-city communities.
"It is very cost effective to build up versus build out," said Ron Butler, president of New West Luxury Estate Homes, which builds about 10 infills per year. "And building out is not an option given the limits of the lot."
The City of Calgary currently limits the amount of land a home can occupy in a given lot, ranging from 40 to 50 per cent, depending on its zoning and size. Three-story homes provide a solution to providing additional living space where that ratio is already being tested, said Butler.
News
Dec. 23, 2015 | Andrea Cox
Setting the pace
Slowdown welcomed by new home industry
Local homebuilders and developers say they are heading into 2016 feeling positive after going through a year that brimmed with economic challenges.
"It's definitely been an interesting year," said Wendy Jabusch, president of the Canadian Home Builders' Association – Calgary Region and a vice-president with Brookfield Residential.
In particular, housing demand fell sharply in 2015 as the provincial economy sputtered through an oil patch slowdown that eventually led to pronounced job losses.
Local homebuilders and developers say they are heading into 2016 feeling positive after going through a year that brimmed with economic challenges.
"It's definitely been an interesting year," said Wendy Jabusch, president of the Canadian Home Builders' Association – Calgary Region and a vice-president with Brookfield Residential.
In particular, housing demand fell sharply in 2015 as the provincial economy sputtered through an oil patch slowdown that eventually led to pronounced job losses.
News
Nov. 09, 2015 | Barb Livingstone
Mission possible
Affordable housing advocates bullish on possible changes
By the end of this year, at least 200 middle-income Calgarians will have bought what may have seemed financially impossible in the city's now waning hot economy: their own home.
Another two dozen families will, in 2015, aided by many hours of sweat equity instead of a down payment, have entered home ownership.
Yet these Calgarians, who became homebuyers this year through Attainable Homes Calgary Corporation (AHCC) and Habitat for Humanity, might not be the only ones stepping into a more affordable housing market in the near future.
By December, significant changes are expected to the City of Calgary's administrative policies to make growth in the overall housing market both more efficient and less costly.
By the end of this year, at least 200 middle-income Calgarians will have bought what may have seemed financially impossible in the city's now waning hot economy: their own home.
Another two dozen families will, in 2015, aided by many hours of sweat equity instead of a down payment, have entered home ownership.
Yet these Calgarians, who became homebuyers this year through Attainable Homes Calgary Corporation (AHCC) and Habitat for Humanity, might not be the only ones stepping into a more affordable housing market in the near future.
By December, significant changes are expected to the City of Calgary's administrative policies to make growth in the overall housing market both more efficient and less costly.
News
Oct. 20, 2015 | CREBNow
Densification, affordability to reshape homebuilding industry: SAIT
Q&A with SAIT Polytechnic School of Construction dean Scott MacPherson
The homebuilding industry is undergoing unprecedented change – from new technologies to a new-look workforce. Calgary, in particular, has witnessed, and even ushered, much of this change first-hand, thanks in part to SAIT Polytechnic's School of Construction.
CREB®Now recent sat down with the school's dean Scott MacPherson to talk about everything from densification to East Coast dinner parties.
The homebuilding industry is undergoing unprecedented change – from new technologies to a new-look workforce. Calgary, in particular, has witnessed, and even ushered, much of this change first-hand, thanks in part to SAIT Polytechnic's School of Construction.
CREB®Now recent sat down with the school's dean Scott MacPherson to talk about everything from densification to East Coast dinner parties.
News
Aug. 18, 2015 | Barb Livingstone
Calgary's urban influencer series: Jay Westman
We've all heard that Rome wasn't built in a day. Neither was Calgary, which continues to undergo an urban renaissance. Over the next five days, CREB®Now will present a series where it has sat down with five influencers who have helped develop the city as we know it today.
'Sink or swim' for housing titan
At the age of 17, Jay Westman was thrown by dad, Al, into the housing industry's version of 'sink or swim.'
The self-described "average" student had no "big idea" about what he wanted to do after high school: "I think my parents would have liked me to be a lawyer or a doctor but school was not my strong suit," said the chairman and CEO of Calgary-based Jayman Built, one of the largest homebuilders in Alberta.
So Al Westman — through his own housing company — plunged Jay into project management, and life in a motorhome on a multi-family site in Lethbridge.
"I learned a lot of life lessons. I made a lot of mistakes and cost my dad some money. But I paid him back later," he said.
'Sink or swim' for housing titan
At the age of 17, Jay Westman was thrown by dad, Al, into the housing industry's version of 'sink or swim.'
The self-described "average" student had no "big idea" about what he wanted to do after high school: "I think my parents would have liked me to be a lawyer or a doctor but school was not my strong suit," said the chairman and CEO of Calgary-based Jayman Built, one of the largest homebuilders in Alberta.
So Al Westman — through his own housing company — plunged Jay into project management, and life in a motorhome on a multi-family site in Lethbridge.
"I learned a lot of life lessons. I made a lot of mistakes and cost my dad some money. But I paid him back later," he said.
News
July 10, 2015 | CREBNow
Airdrie's Midtown on the move
Long-awaited development to house up to 800 units
Over a decade in the making, Airdrie's controversial Midtown development is finally poised to take the next step and fill in yet another blank on the city's growing landscape.
Currently being actively graded, the 16-hectare Midtown lot along Eighth Avenue W. and bordered by MacKenzie Pointe to the north and Luxstone to the south is labelled for 600 to 800 residential units.
The plan calls for a maximum of 305 single-family lots, 115 townhouse units and more than 300 low- and medium-density lots.
The original Neighbourhood Structure Plan (NSP) was first adopted by Airdrie city council in 2009, but construction stalled through the original developers.
Over a decade in the making, Airdrie's controversial Midtown development is finally poised to take the next step and fill in yet another blank on the city's growing landscape.
Currently being actively graded, the 16-hectare Midtown lot along Eighth Avenue W. and bordered by MacKenzie Pointe to the north and Luxstone to the south is labelled for 600 to 800 residential units.
The plan calls for a maximum of 305 single-family lots, 115 townhouse units and more than 300 low- and medium-density lots.
The original Neighbourhood Structure Plan (NSP) was first adopted by Airdrie city council in 2009, but construction stalled through the original developers.