Commercial development in Airdrie steady despite downturn

Paul Gerla has long had a vision to develop a vibrant neighbourhood shopping destination in Airdrie's flourishing southwest quadrant.

And he wasn't about to let a downturn in the provincial economy distract him.

"When we evaluate a project like this, we think in terms of decades, not necessarily what's happening today," said Gerla, general manager of WestMark Holding Ltd., which is behind a new five-hectare Cooper's Town Promenade commercial district in the upscale Cooper's Crossing community.

Builders busy in surrounding region

Homebuilders and developers continue to be active in the surrounding area, with a number of new, highly anticipated communities under various stages of development.

CREB®Now takes a closer look at several noteworthy projects currently underway:

Harmony in Springbank

Harmony, located west of the City adjacent to the TransCanada Highway, is a joint-venture management partnership between Bordeaux Developments and Qualico Communities. The master-planned community will not only have 3,500 homes when all is said and done, but will also have its own village retail core and a large lake and wetland area.