CALGARY, ALTA. — Mattamy Homes has announced it has acquired 153 acres of land in the Belvedere area of southeast Calgary, marking a major milestone for the company’s Alberta division.
According to a release, with this addition, Mattamy now has representation in all four quadrants of the city.
The newly acquired land is located in the emerging Belvedere area between 17 Avenue SE, the Trans-Canada Highway and the City of Chestermere.
The new community, which is still to be named, will offer a mix of single-family homes, semi-detached homes and townhomes. There will also be more than 13 acres of parks, trails, a storm pond and open space, the release adds.
Mattamy anticipates grading and servicing to begin in 2028, with first residents expected to move in early 2030. Full buildout is expected to take approximately seven years, completing in 2037.