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  • Development opportunity on 200 acres in Currie, Calgary
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National Housing Strategy

Development opportunity for 99+ units in Currie, Calgary

This 0.4-hectare (0.9-acre) vacant lot within the Currie, Calgary area is set to be developed into affordable housing, with a minimum of 99 units planned for the site.

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IMPORTANT

Your application must be submitted before 12:00 p.m. (ET) on November 1, 2024.

The Federal Lands Initiative won’t consider late or incomplete applications submitted past this deadline.

New 200-Acre Currie community to set a standard in smart growth and sustainable design

The new community at the 200-acre (80.9-hectare) site is based on the principles of smart growth and sustainable community design. The vision for Currie will build on the successful designs at Garrison Woods and Garrison Green to create an even more dense community with a richer mix of land uses, housing types and servicing innovations to achieve a more complete and integrated neighbourhood.

Currie was designed to set a new standard in sustainable development. This includes traffic-calmed streets and pedestrian networks that bring most residents within a five-minute walk of shops, parks and public transportation.

At full development, Currie is expected to include approximately 5,700 housing units of various types, 250,000 square feet (23,226 square metres) of retail space, roughly 615,000 square feet (57,135 square metres) of office space and 23 acres (9.3 hectares) of parks and open, accessible public areas.

In the fall of 2023 according to CMHC’s Housing Market Information Portal, the vacancy rate for the Southwest area of Calgary was 0.8% and the total rental market in the Calgary area holds a universe of 5,118 units.

This property is being offered by Canada Lands Company through the Federal Lands Initiative.

Property Photos

 Federal Lands Initiative Property image
 Federal Lands Initiative Property image
 

Property Location

Property Description

The site being marketed in this competition is a 0.4 hectares (0.9 acres) vacant lot within the 78-hectare (194 acre) Currie complete community masterplan, immediately west of Crowchild Trail SW and close to Mount Royal University (Phase 12B Dieppe Avenue SW).

The Currie community combines a unique mix of housing, parks and heritage sites with a walkable urban design that is just minutes from the downtown core. Located in the heart of southwest Calgary, Currie will be a contemporary urban core where work and play rest in perfect balance, with vibrant amenity spaces just steps from your door. Following on the success of Garrison Woods and Garrison Green, Currie is a showpiece community for the latest in urban living.

The Site will be leased to the successful Proponent for a duration of 99 years. Affordability must be maintained throughout the lease term. This supports the Government of Canada’s commitment to making federal properties available to housing providers. It also helps ensure that public lands remain public and affordable homes stay affordable.

Land Identifier:

CLC_LH_AB_CGY_L002

Property Address:

Approximately Phase 12B- Dieppe Avenue SW and Quesnay Wood Dr SW

Legal Description:

Lot 2, Block 1, Plan 0914430, City of Calgary, Province of Alberta

Site Area:

0.4 hectares (0.9 acres)

Services:

Full municipal services available

Zoning:

District Control - DC163D2016 residential land use with flexibility

Improvements: 

None, vacant lot

PRO TIP:

Request the Property Application Guide for more details on requirements.

Minimum requirements

1. Minimum number of units

  • You must seek to create an affordable housing development that includes a minimum of 99 units at the site.
  • You must ensure your proposal is compliant with existing zoning requirements, as proposals featuring zoning changes or variances will not be accepted.

2. Affordability
In planning the affordability component of your proposal, you must ensure a minimum of 30% of total units have rents below 80% of the Median Market Rent in Calgary and the affordability must be maintained throughout the term of the 99-year lease.

3. Energy efficiency
You must demonstrate that your project is designed to meet or exceed 1 of the following options:

  • Option A: A minimum 25% decrease in energy consumption and greenhouse gas (GHG) emissions compared to the same project designed to the requirements of the 2015 National Energy Code for Buildings (NECB) or the 2015 National Building Code (NBC) .
  • Option B: A minimum 15% decrease in energy consumption and GHG emissions compared to the same project designed to the requirements of the 2017 NECB .

4. Accessibility
You must demonstrate that your project is designed to meet or exceed one of the following options:

  • Option 1: 20% of all units within the project meet or exceed accessibility standards as prescribed in Table A of the National Housing Strategy Federal Lands Initiative Energy Efficiency and Accessibility Tables and that access to the project and its common areas is barrier free.
  • Option 2: The entire project (common areas and dwelling units) has full universal accessibility design.

5. Evidence of community need
You must provide a clear description of the need being met and at least 1 of the following:

  • Market Feasibility Study which includes the quantitative and qualitative indicators demonstrating need and estimated absorption time.
  • Letter of support from the municipality.
  • Waiting lists for social or affordable housing in the community.

6. Experience
You must have a minimum of 5 years of experience in construction and property management of projects of similar size and scope as that being proposed.

7. Financial Viability

You must demonstrate that your residential project will meet a minimum debt coverage ratio of 1.10.

Eligibility
The Federal Lands Initiative is open, but not limited, to the following groups:

  • community housing organizations
  • non-profit organizations or registered charities
  • co-operative housing organizations
  • municipal, provincial and territorial governments including their agencies
  • Indigenous governments and organizations, including tribal councils
  • for-profit organizations
  • non-profit and for-profit organizations with a seniors focus

Interested applicants must demonstrate in their response to this competition how they will meet or exceed minimum requirements.

RESOURCES

Explore our application resources:

  • Federal Lands Initiative Application Guide (PDF)
  • Energy Efficiency and Accessibility Requirements Guide (PDF)

Please contact your Multi-Unit Housing Solutions Specialist or Indigenous and the North Housing Solutions Specialist to access the Property Application Guide and the Data Room.

ABOUT THIS COMPETITION

The Federal Lands Initiative is launching a competition to seek a proponent to lease the subject property to develop an affordable housing project with no fewer than 99 units that will meet or exceed certain minimum criteria. The property will be available for lease at a discounted to no cost. The lease price will be determined based on the level of social outcomes achieved.

Proponents must clearly state the outcomes they are committing to achieve and support these outcomes with detailed supporting documentation. For the Federal Lands Initiative to select a successful proponent, it must receive a completed application and all mandatory supporting documentation.

Interested in This Property?

Please connect with your Indigenous and the North Housing Solutions Specialist or Multi-Unit Housing Solutions Specialist at contactcentre@cmhc.ca or 1-800-668-2642

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Online Application Portal

Before starting your application, please take a moment to download, save, and review our portal guide. The guide includes information required to create your profile and start the application process successfully.

Download the portal guide (PDF) Start your application

Have questions? Need further support? Contact one of our regional CMHC specialists.

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Date Published: August 24, 2024

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