The real motivation is to create opportunity and allow future generations to work and flourish right here, says Tsuut'ina First Nation Chief Roy Whitney.
Development offers big potential
Three projects offer short and long-term job opportunities
for Calgary area First Nations community members
Tsuut'ina First Nation, near Calgary, is hoping three major developments
on its land will provide long-term employment and business opportunities for Tsuut'ina citizens.
"Tsuut'ina will be home to one of the largest, if not the largest, First Nations developments in Canada," said Tsuut'ina First Nation Chief Roy Whitney in a statement. "In addition to the financial benefits of rents and property taxes that will come from development, so too will come opportunity."
Canderel, the First Nation's partner in the project, is a multi-faceted development company that has been developing, investing in and managing a wide range of real estate projects across Canada for 41 years.
The developments will begin in the next two to three years and consist of three components:
Tsuut'ina Park — About 500 acres in size, it will focus on entertainment and hospitality, as well as creating retail opportunities.
Tsuut'ina Crossing — About 360 acres, this development will have a major innovation and research campus, and an integrated health and wellness area, which will include retail, office and mixed-use developments.
Tsuut'ina Centre — On 380 acres, this area will contain a range of parcel sizes and orientations that will support a regional retail and commercial centre. The centre will be integrated with the administrative and community services of the Tsuut'ina First Nation.
"The real motivation is to create opportunity and allow future generations to work and flourish right here, at home. Generations of Tsuut'ina people will also be able to receive services, to shop, to learn, to invest their money, time and skill, to apply their trades, and to develop a profession — all while being near their families. At home. At Tsuut'ina."
Jonathan Wener, chairman and CEO of Canderel, expressed gratitude to Tsuut'ina for selecting Canderel to partner in this "transformative" development. It was a decision that followed a competitive process, he stated.
"The development potential of lands that abut the city of Calgary and will soon be accessed by the Ring Road is clearly enormous," he said.
"Tsuut'ina has been quietly, diligently and effectively working on this project for years, to the tremendous credit of Chief Whitney, the council and their economic development team."
story from dailycommercialnews.com